Sticky Registration Sticky Customer Support

Send Money to Sweden

send money to sweden

Sending money abroad costs money. If your money is headed to Sweden, skipping the banks and using a currency specialist is the best way to reduce this cost.

Sweden is a land of many opportunities. For instance, there are currently no legal restrictions on foreigners buying property in Sweden. You can also go to Sweden to study or travel. In addition, Canada's imports¹ from Sweden amount to billions of dollars, with Canadian businesses purchasing machinery, pharmaceuticals, electricals, and more from Swedish suppliers.

Whether you wish to buy an idyllic Swedish Falu-red cottage or have your Scandinavian destination wedding under the Northern Lights, you'll need to send money to Sweden from Canada. 

The smartest and best way to transfer money to Sweden is via a transfer service that offers competitive exchange rates, low transfer fees, and all-around convenience. 

What is a good exchange rate?

Although Sweden is an EU country, it hasn't adopted the Euro yet. Instead, the official currency of Sweden is the Swedish Krona, and for the most part, Euros are not accepted in the country. So, you need to find a favorable CAD to SEK exchange rate when transferring money to save as much money as possible.

For instance, MTFX exchange rates are typically 3-5% lower than banks. That means you can pocket up to $1,500 for every $30,000 transferred. So, sending money via MTFX is an excellent place to start if you're looking for a good exchange rate. To take things up a notch, you can also use MTFX's range of foreign exchange tools to streamline the process.

Start by using the live rate currency calculator to match the Canadian dollar to the Swedish Krona. Discover how your dollars convert before initiating your transfer.

What's the best way to send money abroad to Sweden?

There are many ways to send money abroad, but they are not made equal. Banks and credit unions always seem like a convenient option, yet they come with hefty costs that water down the value of your money. Besides the not-very competitive exchange rates, you'll usually have to pay expensive transfer fees, while the transfer speed isn't optimal.

A better option is using a specialist foreign exchange service like MTFX, which has many selling points. It's a cost-effective option providing access to competitive exchange rates and low transfer fees. 

This service offers faster deliveries with transfers reaching their destination within 24-48 hours. In addition, your secure online account is the perfect gateway to convenient, safe, and efficient overseas foreign exchange payments anytime and anywhere.

Who can use MTFX to transfer money to Sweden?

As a Canadian, you can open an MTFX personal or business account to transfer money to Sweden:

  • Individuals. Your personal account enables you to send money to family and friends abroad. You can also send money to your Swedish bank account to cover the cost of living, tuition, or investments in Sweden.
  • Companies. Your business account lets you send payments to suppliers, pay salaries, or make various business investments by depositing money in a Swedish bank account.

What information do I need to send money to Sweden?

Besides your personal or business details, here's what you need to make an international money transfer to Sweden from Canada:

  • Beneficiary name
  • Beneficiary account number
  • Beneficiary contact details
  • Bank name
  • Bank Swift code
  • Bank address
  • Reason for your transfer 

How to make regular transfers to Sweden

If you have chosen Sweden as your study-abroad destination, you may need to send money regularly to a Swedish bank account to pay for tuition. Or perhaps you're planning to relocate to Sweden to join the community of Canadian expats. Sweden's cost of living is relatively high², so you may also need to move Canadian dollars frequently to Sweden.

The same applies to businesses with Swedish suppliers and remote employees on the payroll. Whatever your circumstances, MTFX allows you to set up simple, regular payments via your online account. Moreover, with MTFX's automated technologies and specialized services, managing your overseas payment has never been cheaper, faster, or easier.

Looking to Send money to Sweden Get the best Swedish Krona rates with MTFX


Send money to Sweden today

Transferring via MTFX is a package deal with competitive exchange rates, low transfer fees, foreign exchange tools, and expert guidance. That means more savings in your wallet and less hassle with every overseas payment.

Ready to start making the most of your money?

Register an account today with MTFX to send money to Sweden conveniently and efficiently.


Popular related articles;


  1. Canada's imports
  2. relatively high

Sign up to receive the latest market news from our experts.

Daily Currency Updates
Daily Market Analysis
Get daily intelligence and currency reports directly to your inbox.
Weekly FX Technical Analysis
Weekly Technical Analysis
Get our weekly technical analysis providing valuable insights.
Monthly Currency Outlook
Monthly Currency Outlook
Receive our monthly currency report and help improve your forecasts.

By entering your email address you agree to the MTFX Terms Of Use and MTFX Privacy Policy and agree and agree to receive sales and marketing communications. Unsubscribe at anytime.


Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into. Personal clients usually use our services to transfer money between their own accounts in two different countries. Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands. We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world. Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.