How to send money to Sweden from Canada with the best CAD-SEK rate

Koho is the cheapest way to send money from Canada to Sweden based on the 13 companies we analyzed, giving your recipient 7,048.09 SEK from CA$1,000.

Best companies for CAD/SEK transfers

13 of 13 providers

Last updated on 28 October 2026

Based on 1,000 CAD transfer

Best companies for CAD/SEK transfers

Sort Cheapest
Ad

Wise

Pay via Bank Transfer
Fees: $7.35 1 CAD = 7.0849 SEK 0.00% vs mid-market Recipient gets kr 7,032.80 Same day
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sweden with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$7.351 CAD = 7.0849 SEK
kr 7,032.80You pay$1,000.00
Ad

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 6.9868 SEK +1.40% vs mid-market Recipient gets kr 6,986.80 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Sweden with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 6.9868 SEK
kr 6,986.80You pay$1,000.00

Run a live search

Showing top Canada to Sweden deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.

Koho

Pay via Bank Transfer
Fees: $4.92 1 CAD = 7.0829 SEK +0.03% vs mid-market Recipient gets kr 7,048.09 Next day
Cheapest
Receive to bank account

Ways to receive money in Sweden with Koho when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
$4.921 CAD = 7.0829 SEK
kr 7,048.09You pay$1,000.00

Paysend

Pay via Debit Card
Fees: $0.00 1 CAD = 7.0469 SEK +0.54% vs mid-market Recipient gets kr 7,046.95 6-12 Hours

Ways to receive money in Sweden with Paysend when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 7.0469 SEK
kr 7,046.95You pay$1,000.00

Paysend

Pay via Credit Card
Fees: $0.00 1 CAD = 7.0469 SEK +0.54% vs mid-market Recipient gets kr 7,046.95 6-12 Hours

Ways to receive money in Sweden with Paysend when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 7.0469 SEK
kr 7,046.95You pay$1,000.00

Remitbee

Pay via Interac
Fees: $0.00 1 CAD = 7.0457 SEK +0.56% vs mid-market Recipient gets kr 7,045.70 Next Day
0 reviews

Ways to receive money in Sweden with Remitbee when paying by interac.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 7.0457 SEK
kr 7,045.70You pay$1,000.00

Remitbee

Pay via Bill payment
Fees: $0.00 1 CAD = 7.0457 SEK +0.56% vs mid-market Recipient gets kr 7,045.70 Next Day
0 reviews

Ways to receive money in Sweden with Remitbee when paying by bill payment.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 7.0457 SEK
kr 7,045.70You pay$1,000.00

Remitbee

Pay via Bank Transfer
Fees: $0.00 1 CAD = 7.0457 SEK +0.56% vs mid-market Recipient gets kr 7,045.70 Next Day
0 reviews

Ways to receive money in Sweden with Remitbee when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 7.0457 SEK
kr 7,045.70You pay$1,000.00

Currencies Direct

Pay via Bank Transfer
Fees: $0.00 1 CAD = 7.0397 SEK +0.64% vs mid-market Recipient gets kr 7,039.70 6-12 Hours
Receive to bank account

Ways to receive money in Sweden with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 7.0397 SEK
kr 7,039.70You pay$1,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 CAD = 7.0390 SEK +0.65% vs mid-market Recipient gets kr 7,039.02 6-12 Hours
Receive to bank account

Ways to receive money in Sweden with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 7.0390 SEK
kr 7,039.02You pay$1,000.00

Wise

Pay via Bank Transfer
Fees: $7.35 1 CAD = 7.0849 SEK 0.00% vs mid-market Recipient gets kr 7,032.80 Same day
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sweden with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
$7.351 CAD = 7.0849 SEK
kr 7,032.80You pay$1,000.00

CurrencyFair

Pay via Bank Transfer
Fees: $4.23 1 CAD = 7.0240 SEK +0.87% vs mid-market Recipient gets kr 6,994.00 6-12 Hours
Receive to bank account

Ways to receive money in Sweden with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$4.231 CAD = 7.0240 SEK
kr 6,994.00You pay$1,000.00

Wise

Pay via Interac
Fees: $13.05 1 CAD = 7.0849 SEK 0.00% vs mid-market Recipient gets kr 6,992.41 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sweden with Wise when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$13.051 CAD = 7.0849 SEK
kr 6,992.41You pay$1,000.00

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 6.9868 SEK +1.40% vs mid-market Recipient gets kr 6,986.80 Within minutes
Fastest
Receive to bank account or cash pickup

Ways to receive money in Sweden with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 6.9868 SEK
kr 6,986.80You pay$1,000.00

Remitly

Pay via Credit Card
Fees: $20.00 1 CAD = 6.9868 SEK +1.40% vs mid-market Recipient gets kr 6,986.80 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Sweden with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$20.001 CAD = 6.9868 SEK
kr 6,986.80You pay$1,020.00

Remitbee

Pay via Debit Card
Fees: $8.99 1 CAD = 7.0457 SEK +0.56% vs mid-market Recipient gets kr 6,982.36 Next Day
0 reviews

Ways to receive money in Sweden with Remitbee when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
$8.991 CAD = 7.0457 SEK
kr 6,982.36You pay$1,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $4.99 1 CAD = 6.9618 SEK +1.76% vs mid-market Recipient gets kr 6,961.80 6-12 Hours

Ways to receive money in Sweden with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 6.9618 SEK
kr 6,961.80You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 6.4344 SEK
kr 6,434.40You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $4.99 1 CAD = 6.9618 SEK +1.76% vs mid-market Recipient gets kr 6,961.80 6-12 Hours

Ways to receive money in Sweden with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 6.9618 SEK
kr 6,961.80You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 6.4344 SEK
kr 6,434.40You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fees: $4.99 1 CAD = 6.9618 SEK +1.76% vs mid-market Recipient gets kr 6,961.80 6-12 Hours

Ways to receive money in Sweden with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$4.991 CAD = 6.9618 SEK
kr 6,961.80You pay$1,004.99
Cash pickup6-12 Hours
$5.991 CAD = 6.4344 SEK
kr 6,434.40You pay$1,005.99

Wise

Pay via Debit Card
Fees: $18.37 1 CAD = 7.0849 SEK 0.00% vs mid-market Recipient gets kr 6,954.72 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sweden with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$18.371 CAD = 7.0849 SEK
kr 6,954.72You pay$1,000.00

Moneycorp

Pay via Bank Transfer
Fees: $0.00 1 CAD = 6.9434 SEK +2.00% vs mid-market Recipient gets kr 6,943.37 Next Day

Ways to receive money in Sweden with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 6.9434 SEK
kr 6,943.37You pay$1,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 CAD = 6.9235 SEK +2.31% vs mid-market Recipient gets kr 6,923.48 Next Day
Receive to bank account or cash pickup

Ways to receive money in Sweden with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 6.9235 SEK
kr 6,923.48You pay$1,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 CAD = 6.9235 SEK +2.31% vs mid-market Recipient gets kr 6,923.48 Next Day
Receive to bank account or cash pickup

Ways to receive money in Sweden with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 6.9235 SEK
kr 6,923.48You pay$1,000.00

RBC

Pay via Bank Transfer
Fees: $0.00 1 CAD = 6.8778 SEK +2.97% vs mid-market Recipient gets kr 6,877.77 6-12 Hours
0 reviews

Ways to receive money in Sweden with RBC when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 6.8778 SEK
kr 6,877.77You pay$1,000.00

Wise

Pay via Credit Card
Fees: $33.12 1 CAD = 7.0849 SEK 0.00% vs mid-market Recipient gets kr 6,850.22 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Sweden with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$33.121 CAD = 7.0849 SEK
kr 6,850.22You pay$1,000.00

TD Bank

Pay via Bank Transfer
Fees: $0.00 1 CAD = 6.8072 SEK +4.00% vs mid-market Recipient gets kr 6,807.24 6-12 Hours

Ways to receive money in Sweden with TD Bank when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 6.8072 SEK
kr 6,807.24You pay$1,000.00
How Our Results Work
Mid-market rate: 1 CAD = 7.0851 SEK Updates every 60 minutes.

How to send money from Canada to Sweden

Pick a company

Start with the cheapest, which is Koho at 7,048.09 SEK on CA$1,000.

Koho was the cheapest on 9 of the 30 days it quoted CA$1,000 transfers to Sweden.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.

Verify and send

First time round you'll need a photo ID, and often where the money came from.

Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.

Compare amounts

How much CAD are you sending to Sweden?

How much CAD you send to Sweden heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Koho was the cheapest in 10% of the transfers up to C$1,000 it quoted, and in 26% of all the transfers it quoted.

Cheapest service
$1000.49%$0.00kr 704.91with debit card to bank deposit+kr 15.07
$5000.53%$0.00kr 3,523.47with debit card to bank deposit+kr 36.37
$1,000This page0.03%$4.92kr 7,048.09with bank transfer to bank deposit+kr 68.98
$3,0000.00%$11.92kr 21,149.67with bank transfer to bank deposit+kr 199.45
$10,0000.15%$0.00kr 70,762.00with bank transfer to bank deposit+kr 435.69
$50,0000.20%$0.00kr 353,232.42with bank transfer to bank deposit+kr 2,132.81

Mid-market rate: 1 CAD = 7.0851 SEK

CAD/SEK Exchange Rate History

Is today a good time to send money from Canada to Sweden?

The cheapest way to send CAD to SEK can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Koho), across 30 days of comparisons for 1,000 CAD transfers to Sweden.

SEK received for $1,000, after fees

Wed, Oct 28, 2026Mid-market ratekr 7,085.08 Koho kr 7,048.09 RBC kr 6,877.77Kohokr 7,048.09Paysendkr 7,046.95Remitbeekr 7,045.70Extra cost of a bankkr 170.32

6,700
6,800
6,900
7,000
7,100
7,200
At the mid-market rateWith the cheapest optionWith a bankKohoPaysendRemitbee
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0329 – kr 7,032.86
Paysend Cheapest 6.9958 $0.00 kr 6,995.77 −kr 37.09
Koho 7.0298 $4.92 kr 6,995.25 −kr 37.61
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 91.26
RBC 6.8169 $0.00 kr 6,816.92 −kr 215.94
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0415 – kr 7,041.48
Paysend Cheapest 7.0078 $0.00 kr 7,007.77 −kr 33.71
Koho 7.0346 $4.92 kr 7,000.02 −kr 41.46
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 99.88
RBC 6.8318 $0.00 kr 6,831.81 −kr 209.67
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0379 – kr 7,037.86
Paysend Cheapest 7.0053 $0.00 kr 7,005.34 −kr 32.52
Koho 7.0382 $4.92 kr 7,003.61 −kr 34.25
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 96.26
RBC 6.8318 $0.00 kr 6,831.81 −kr 206.05
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0565 – kr 7,056.53
Koho Cheapest 7.0558 $4.92 kr 7,021.12 −kr 35.41
Paysend 7.0182 $0.00 kr 7,018.16 −kr 38.37
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 114.93
RBC 6.8520 $0.00 kr 6,851.97 −kr 204.56
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0464 – kr 7,046.43
Paysend Cheapest 7.0120 $0.00 kr 7,011.96 −kr 34.47
Koho 7.0453 $4.92 kr 7,010.67 −kr 35.76
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 104.83
RBC 6.8520 $0.00 kr 6,851.97 −kr 194.46
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0459 – kr 7,045.93
Paysend Cheapest 7.0120 $0.00 kr 7,011.96 −kr 33.97
Koho 7.0453 $4.92 kr 7,010.67 −kr 35.26
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 104.33
RBC 6.8399 $0.00 kr 6,839.95 −kr 205.98
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0636 – kr 7,063.64
Paysend Cheapest 7.0293 $0.00 kr 7,029.34 −kr 34.30
Koho 7.0617 $4.92 kr 7,026.99 −kr 36.65
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 122.04
RBC 6.8631 $0.00 kr 6,863.06 −kr 200.58
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0403 – kr 7,040.27
Paysend Cheapest 7.0062 $0.00 kr 7,006.15 −kr 34.12
Koho 7.0403 $4.92 kr 7,005.70 −kr 34.57
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 98.67
RBC 6.8631 $0.00 kr 6,863.06 −kr 177.21
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0559 – kr 7,055.89
Koho Cheapest 7.0547 $4.92 kr 7,020.03 −kr 35.86
Paysend 7.0193 $0.00 kr 7,019.34 −kr 36.55
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 114.28
RBC 6.8582 $0.00 kr 6,858.23 −kr 197.66
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0186 – kr 7,018.63
Paysend Cheapest 6.9798 $0.00 kr 6,979.84 −kr 38.79
Koho 7.0129 $4.92 kr 6,978.43 −kr 40.20
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 77.03
RBC 6.8153 $0.00 kr 6,815.32 −kr 203.31
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0032 – kr 7,003.24
Koho Cheapest 7.0022 $4.92 kr 6,967.78 −kr 35.46
Paysend 6.9656 $0.00 kr 6,965.58 −kr 37.66
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 61.64
RBC 6.8153 $0.00 kr 6,815.32 −kr 187.92
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0111 – kr 7,011.06
Paysend Cheapest 6.9750 $0.00 kr 6,974.99 −kr 36.07
Koho 7.0084 $4.92 kr 6,973.95 −kr 37.11
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 69.46
RBC 6.8100 $0.00 kr 6,810.05 −kr 201.01
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0111 – kr 7,011.06
Paysend Cheapest 6.9750 $0.00 kr 6,974.99 −kr 36.07
Koho 7.0084 $4.92 kr 6,973.95 −kr 37.11
Remitbee 6.9416 $0.00 kr 6,941.60 −kr 69.46
RBC 6.8074 $0.00 kr 6,807.35 −kr 203.71
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0194 – kr 7,019.42
Koho Cheapest 7.0202 $4.92 kr 6,985.70 −kr 33.72
Paysend 6.9855 $0.00 kr 6,985.48 −kr 33.94
RBC 6.8140 $0.00 kr 6,813.96 −kr 205.46
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0195 – kr 7,019.54
Paysend Cheapest 6.9816 $0.00 kr 6,981.64 −kr 37.90
Koho 7.0149 $4.92 kr 6,980.42 −kr 39.12
RBC 6.8202 $0.00 kr 6,820.23 −kr 199.31
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0022 – kr 7,002.21
Koho Cheapest 7.0023 $4.92 kr 6,967.88 −kr 34.33
Paysend 6.9675 $0.00 kr 6,967.47 −kr 34.74
RBC 6.8137 $0.00 kr 6,813.68 −kr 188.53
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0277 – kr 7,027.70
Koho Cheapest 7.0269 $4.92 kr 6,992.36 −kr 35.34
Paysend 6.9922 $0.00 kr 6,992.20 −kr 35.50
RBC 6.8206 $0.00 kr 6,820.62 −kr 207.08
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0003 – kr 7,000.32
Koho Cheapest 6.9990 $4.92 kr 6,964.60 −kr 35.72
Paysend 6.9636 $0.00 kr 6,963.58 −kr 36.74
RBC 6.8206 $0.00 kr 6,820.62 −kr 179.70
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0015 – kr 7,001.52
Paysend Cheapest 6.9741 $0.00 kr 6,974.13 −kr 27.39
Koho 6.9984 $4.92 kr 6,964.00 −kr 37.52
RBC 6.8166 $0.00 kr 6,816.63 −kr 184.89
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0015 – kr 7,001.52
Paysend Cheapest 6.9741 $0.00 kr 6,974.13 −kr 27.39
Koho 6.9984 $4.92 kr 6,964.00 −kr 37.52
RBC 6.8166 $0.00 kr 6,816.63 −kr 184.89
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0313 – kr 7,031.32
Koho Cheapest 7.0307 $4.92 kr 6,996.14 −kr 35.18
Paysend 6.9810 $0.00 kr 6,981.01 −kr 50.31
RBC 6.8161 $0.00 kr 6,816.12 −kr 215.20
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0274 – kr 7,027.43
Paysend Cheapest 6.9929 $0.00 kr 6,992.93 −kr 34.50
Koho 7.0272 $4.92 kr 6,992.66 −kr 34.77
RBC 6.8346 $0.00 kr 6,834.64 −kr 192.79
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0460 – kr 7,046.02
Paysend Cheapest 7.0110 $0.00 kr 7,010.95 −kr 35.07
Koho 7.0447 $4.92 kr 7,010.08 −kr 35.94
RBC 6.8452 $0.00 kr 6,845.25 −kr 200.77
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0491 – kr 7,049.08
Paysend Cheapest 7.0131 $0.00 kr 7,013.08 −kr 36.00
Koho 7.0448 $4.92 kr 7,010.17 −kr 38.91
RBC 6.8447 $0.00 kr 6,844.72 −kr 204.36
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0745 – kr 7,074.50
Paysend Cheapest 7.0388 $0.00 kr 7,038.82 −kr 35.68
Koho 7.0735 $4.92 kr 7,038.73 −kr 35.77
RBC 6.8447 $0.00 kr 6,844.72 −kr 229.78
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0929 – kr 7,092.88
Paysend Cheapest 7.0544 $0.00 kr 7,054.43 −kr 38.45
Koho 7.0855 $4.92 kr 7,050.67 −kr 42.21
Remitbee 7.0457 $0.00 kr 7,045.70 −kr 47.18
RBC 6.8966 $0.00 kr 6,896.55 −kr 196.33
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0929 – kr 7,092.88
Paysend Cheapest 7.0544 $0.00 kr 7,054.43 −kr 38.45
Koho 7.0855 $4.92 kr 7,050.67 −kr 42.21
Remitbee 7.0457 $0.00 kr 7,045.70 −kr 47.18
RBC 6.8966 $0.00 kr 6,896.55 −kr 196.33
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0842 – kr 7,084.24
Paysend Cheapest 7.0494 $0.00 kr 7,049.42 −kr 34.81
Remitbee 7.0457 $0.00 kr 7,045.70 −kr 38.53
Koho 7.0801 $4.92 kr 7,045.30 −kr 38.93
RBC 6.8999 $0.00 kr 6,899.88 −kr 184.35
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.1027 – kr 7,102.67
Paysend Cheapest 7.0669 $0.00 kr 7,066.87 −kr 35.80
Koho 7.1006 $4.92 kr 7,065.70 −kr 36.97
Remitbee 7.0457 $0.00 kr 7,045.70 −kr 56.97
RBC 6.9046 $0.00 kr 6,904.61 −kr 198.06
Exchange rateFees:Recipient getsDifference
Mid-market rate 7.0851 – kr 7,085.08
Koho Cheapest 7.0829 $4.92 kr 7,048.09 −kr 36.98
Paysend 7.0469 $0.00 kr 7,046.95 −kr 38.13
Remitbee 7.0457 $0.00 kr 7,045.70 −kr 39.38
RBC 6.8778 $0.00 kr 6,877.77 −kr 207.30

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more SEK per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of SEK on every transfer from Canada.

Right now, Koho pays 7,048.09 SEK on 1,000 CAD, which is 36.98 SEK less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 7,066.87 SEK.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Sweden.

We've tracked 180 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. KohoAppeared in 149 comparisons

    Cheapest in 26% of them

  2. PaysendAppeared in 91 comparisons

    Cheapest in 86% of them

  3. RemitbeeAppeared in 103 comparisons

    Never the cheapest

  4. RBCAppeared in 90 comparisons

    Never the cheapest

Based on 180 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Koho is the cheapest and gets you the most SEK, but it was the cheapest in only 26% of the 149 comparisons it appeared in over the past month.

Paysend (today's second cheapest) was the cheapest in 86% of its comparisons, so if you send money to Sweden regularly, it's worth comparing it with Koho before each transfer.

If it's a one-off transfer, go with Koho, since it's the cheapest right now.

Ways to send money from Canada to Sweden

There are 13 companies sending money to Sweden, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 6,986.8 SEK within minutes.

Our data shows Remitly came out cheapest among in-person options on 55% of days in the past month.

Cash transfers cost more

Cash transfer to Sweden is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.

Koho charges CA$4.92 in fees and adds 0.03% markup, so your CA$1,000 delivers 7,048.09 SEK in next day.

Over the past month, Koho was the cheapest app on 30% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 13 companies we compared, Paysend is the cheapest online service and currently gets you 7,046.95 SEK on a CA$1,000 transfer after a CA$0 fee and 0.54% markup.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.

The most expensive way

Banks

A wire from your bank carries a $30 to $80 fee, plus another 1.5 to 3% inside the exchange rate that you won't see itemized anywhere.

On a CA$1,000 transfer, a bank like RBC delivers 6,877.77 SEK, against 7,048.09 SEK with Koho.

We found RBC was the cheapest bank on 30 of the 30 days it appeared for this amount.

The wire can feel like the safer choice for a big amount, but bank deposit insurance and the safeguards used by money transfer companies are just as safe, just different protections.

For large transfers from Canada

Currency brokers

For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.

Brokers like Currencies Direct charge no fees but add 0.64% on CAD/SEK interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows Currencies Direct was the cheapest broker in 48% of all the transfers it quoted.

If you're sending large amounts, expect more questions about the transfers, so have statements and documents ready to avoid delays.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$1,000 for CA$4.92 in fees with 0.03% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in SEK.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

For spending abroad and getting paid

Multi-currency accounts

If part of your life runs in SEK, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.

Currencies Direct lets you hold CAD and SEK, and convert between them at low cost.

For example, converting $1,000 costs $0 in fees at 0.64% markup, which gets you 7,039.7 SEK.

Over the past month, it came out cheapest among multi-currency accounts on 93% of days.

Ways to fund CAD and receive SEK in Sweden

With Koho, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 7,048.09 SEK.

Our data shows that Koho gets your recipient 170.32 SEK more than RBC, today's cheapest bank, on the same CA$1,000.

Deposit CAD using bank transfer, debit card, credit card, interac, bill payment, and cash deposit.

I suggest using Interac e-Transfer for simplicity

Follow the company's Interac instructions and check the business name before sending.

Do not send to an email address supplied outside the company's app or website.

The recipient can receive SEK through bank deposit and cash pickup.

For a bank deposit payout, you will need the recipient's bank details in Sweden.

  1. 1
    Bank transfer Bank deposit

    You pay CA$1,000.00

    kr7,048

    Cheapest

  2. 2
    debit card Bank deposit

    You pay CA$1,000.00

    kr7,047

    -kr1

  3. 3
    credit card Bank deposit

    You pay CA$1,000.00

    kr7,047

    -kr1

  4. 4
    Interac Bank deposit

    You pay CA$1,000.00

    kr7,046

    -kr2

  5. 5
    Bill payment Bank deposit

    You pay CA$1,000.00

    kr7,046

    -kr2

Show moreShow less
  1. 6
    Cash deposit Bank deposit

    You pay CA$1,004.99

    kr6,962

    -kr86

  2. 7
    debit card Cash pickup

    You pay CA$1,005.99

    kr6,434

    -kr614

  3. 8
    credit card Cash pickup

    You pay CA$1,005.99

    kr6,434

    -kr614

  4. 9
    Cash deposit Cash pickup

    You pay CA$1,005.99

    kr6,434

    -kr614

Consider this when sending CAD to Sweden

Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.

Compare CAD/SEK transfer options

For a CA$1,000 transfer to Sweden, these are the cheapest, fastest and easiest options available now.

Best way to send money to Sweden

Koho is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 7,048.09 SEK, which is 0.02% more than the next best option.

Fastest way to send money to Sweden

Remitly is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 6,986.8 SEK in within an hour.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Sweden.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

There is no C$10,000 legal cap on electronic transfers from Canada.

A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.

The bank or transfer company makes that report, you do not file it yourself.

But you may be asked for proof of where the money came from.

Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.

Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.

CDIC protection

Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.

Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.

If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.

If you live in Quebec, also confirm that it is allowed to provide money services there.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 13 FINTRAC-registered companies sending CAD to Sweden, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 180 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/SEK transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.