"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Card-to-card transfers can be received in just two minutes."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Sweden to Canada searches in the last 6 months, and was the top rated company out of 19 that support SEK to CAD.
So for a great blend of cost, speed & features, make your Sweden to Canada transfer using Wise.
How to compare deals on Sweden to Canada money transfers
Sending money from Sweden to Canada considerations
A comparison of providers offering services between Sweden and Canada is the easiest way to ensure the best deal.
We've compared 19 providers that offer services for sending Swedish Krona to Canada.
This ensures you will get the best options for your transfer to Canada from Sweden.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Sweden to Canada.
Cheapest way to send money to Canada from Sweden: Revolut
Data collected through our comparison over the past six months shows that Revolut is 2.2% cheaper than the second-best option.
The cost is made up of an average fee of 104.77* SEK and an exchange rate for buying Canadian Dollar with Swedish Krona that is 0.2% different to the mid-market rate.
If you want to secure the best rates on a Sweden to Canada transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Canada.
*The most common fee applied to SEK-CAD by Revolut, based on data from the past six months.
Fastest company to send money to Canada from Sweden: Xe.
Through our data, Xe was the quickest way to send money from Sweden to Canadian Dollar 100% of the time.
Sending money through Xe to Canada from Sweden has an average fee of 12.59 SEK.
To understand who was the fastest, we tested Xe as part of 19 money transfer providers. Within this, we looked at the overall speed of sending money from Sweden to Canada. This was made up of transfer times to Canada after Swedish Kronas were added to a money transfer account.
When fast money transfers between Sweden and Canada are a priority, Xe is our recommended choice.
Sending a large amount of money?
Of the 19 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Sweden to Canada, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Sweden to Canada
The total cost of money transfers to Canada from Sweden, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for SEK-CAD is 0.1291 CAD per Swedish Krona.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Swedish Kronas.
On average for the last three months, the SEK-CAD mid-market rate has been 0 CAD per Swedish Krona. This hit a high of 0, and a low of 0.
From the 19 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting SEK to CAD.
Fees: Some money transfers between Sweden and Canada will be subject to fees. Wise has had an average fee of 104.77 SEK per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from Sweden.
How to find the best exchange rate for Swedish Krona to Canadian Dollar
Timing is essential for sending money between SEK and CAD. The exchange rate you secure impacts how much CAD you get for your SEK.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SEK to CAD has seen some fluctuation. On average, it stood at 0.
During this period, the highest value recorded was 0, while the lowest was 0.
Wise, which is our recommended service to send money online from Sweden to Canada offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best SEK-Canadian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Sweden to Canada!
Paying for your Sweden to Canada transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada and Sweden.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Sweden to Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.