What’s the cheapest method to send money to Sweden?

by Rob Rawson
Send Money to Sweden

Nowadays, sending money overseas is a common practice. For example, you might have employees you need to pay in Sweden, or you might have relatives living there.

Popular options for sending money are bank services and money transfer services like Western Union and although each service have their own policies for money transfers, one thing is always the same – the charges that you have to pay for a money transfer. Worse case scenario, you may be charged with hefty fees in the form of unfavorable currency exchange rates.

It can get tricky but is there anything you can do about it?

The following tables cover all charges that you’ll pay for sending money to Sweden from different parts of the world and depending on the service you choose.

Table 1: Sending $1000 from the US to Sweden

Transfer method Fees to send $1000 USD Hidden conversion cost Total fees Time for the transfer to arrive
OFX (Previously USForex)* $0 $7.5 $7.5 1-2 days
Wise, formerly TransferWise $10 $0 $10 1-2 days
WorldRemit $4 $6 $10 1-3 days
Tranzfers $5 $18 $23 3-5 days
Paysera $4 $20 $24 1-3 days
Ria Money Transfer (slow) $5 $23 $28 3-5 days
Xpress Money $15 $21 $36 3-5 days
Western Union (slow) $5 $33 $38 5 days
Ria Money Transfer (fast) $15 $23 $38 Minutes
1st Contact Forex $20 $19 $39 1-3 days
Skrill $10 $40 $50 3-5 days
MoneyGram (slow) $25 $26 $51 3-5 days
Wire transfer $25-40 $10-20 $35-60 3-5 days
Western Union (fast) $40 $33 $73 1 day
Travelex $0 $100 $100 3-5 days
MoneyGram (fast) $81 $26 $107 Minutes

Note:

  • Minimum transfer of $500 for OFX (Previously USForex).

Table 2: Sending £1000 from the UK to Sweden

Transfer method Fees to send £1000 GBP Hidden conversion cost Total fees Time for the transfer to arrive
Wise, formerly TransferWise £5 £0 £5 1-2 days
Azimo £1 £5 £6 1-3 days
CurrencyFair* £3 £4 £7 1-3 days
OFX* £0 £7.5 £7.5 1-2 days
Orbit Remit £0 £11 £11 1-3 days
WorldRemit £3 £10 £13 1-3 days
Western Union (slow) £3 £10 £13 3 days
Western Union (fast) £5 £10 £15 Minutes
TransferGo £1 £15 £16 1 day
Tranzfers £7 £16 £23 3-5 days
Exchange4free £0 £25 £25 3-5 days
Aftab Currency £23 £6 £29 Minutes
Easy Exchange £6 £23 £29 3-5 days
Paysera £3 £29 £32 1 day
Small World FS £5 £30 £35 3-5 days
1st Contact Forex £15 £21 £36 1-3 days
GlobalWebPay £5 £32 £37 1 day
Xpress Money £20 £17 £37 3-5 days
Travelex £0 £38 £38 3-5 days
Skrill £8 £40 £48 3-5 days
Wire transfer £15-25 £10-30 £25-55 3-5 days
MoneyGram £25 £49 £74 Minutes

Note:

  • Minimum transfer of £500 for OFX

Table 3: Sending $1000 from the Canada to Sweden

Transfer method Fees to send $1000 CAD Hidden conversion cost Total fees Time for the transfer to arrive
OFX* $0 $7.5 $7.5 1-2 days
Wise, formerly TransferWise $12 $0 $12 1-2 days
CurrencyFair* $5 $7 $12 3-5 days
WorldRemit* $4 $15 $19 1-3 days
1st Contact Forex $5 $28 $33 1-3 days
Paysera $5 $34 $39 1-3 days
Exchange4free $0 $45 $45 3-5 days
Xpress Money $16 $31 $47 3-5 days
Skrill $29 $40 $69 3-5 days
Western Union $40 $34 $74 Minutes
Wire transfer $25-40 $20-30 $45-75 3-5 days
MoneyGram $50 $51 $101 Minutes
Travelex $0 $105 $105 3-5 days

Note:

  • Worldremit can only send 995 CAD from Canada to Sweden.
  • Minimum transfer of $500 for OFX.
  • Five free transfers with CurrencyFair.

Table 4: Sending €1000 from the Western Europe to the Sweden

Transfer method Fees to send €1000 EUR Hidden conversion cost Total fees Time for the transfer to arrive
Wise, formerly TransferWise €5 €0 €5 1-2 days
CurrencyFair* €3 €3 €6 1-3 days
OFX* €0 €7.5 €7.5 1-2 days
Azimo €3 €6 €9 1-3 days
WorldRemit €4 €11 €15 1-3 days
Paysera €3 €13 €16 1-3 days
TransferGo €1 €16 €17 1 day
1st Contact Forex €5 €20 €25 1-3 days
Western Union (slow) €0 €29 €29 1 day
Tranzfers €10 €19 €29 3-5 days
Exchange4free €0 €35 €35 3-5 days
Aftab Currency €30 €9 €39 Minutes
Small World FS €12 €32 €44 3-5 days
Skrill €10 €40 €50 3-5 days
Travelex €0 €54 €54 3-5 days
MoneyGram €5 €50 €55 Minutes
Xpress Money €40 €19 €59 3-5 days
Wire transfer €20-35 €20-40 €40-75 3-5 days
Western Union (fast) €43 €47 €90 Minutes

Note:

  • Minimum transfer of €500 for OFX
  • Five free transfers with CurrencyFair

Table 5: Sending $1000 from the Australia to Sweden

Transfer method Fees to send $1000 AUD Hidden conversion cost Total fees Time for the transfer to arrive
Wise, formerly TransferWise $7 $0 $7 1-2 days
Orbit Remit $0 $10 $10 1-3 days
CurrencyFair* $5 $6 $11 1-3 days
WorldRemit $4 $13 $17 1-3 days
Tranzfers $15 $19 $34 3-5 days
1st Contact Forex $15 $22 $37 1-3 days
OFX (previously OzForex)* $15 $23 $38 1 day
Paysera $5 $37 $42 1-3 days
Easy Exchange $8 $34 $42 3-5 days
Western Union (slow) $10 $33 $43 2 days
Exchange4free $0 $45 $45 3-5 days
Skrill $10 $40 $50 3-5 days
Xpress Money $25 $33 $58 3-5 days
Fast Remit $10 $57 $67 2-3 days
Wire transfer $25-35 $30-60 $55-95 3-5 days
Travelex $0 $99 $99 3-5 days
MoneyGram $60 $55 $115 Minutes
Travel Money Oz $0 $122 $122 3-5 days
Western Union (fast) $70 $56 $126 Minutes

Note:

  • Minimum transfer of $500 for OFX (previously OzForex)
  • Five free transfers with CurrencyFair

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