How to send money to Italy from Sweden with the best SEK-EUR rate

Cheapest way to send money to Italy

The cheapest option for EUR 7,200 is TapTap Send. Pay by debit card and choose bank deposit for the payout. Your recipient gets 7,200 EUR, which is 2.15% more than the next best option.

Fastest way to send money to Italy

With TapTap Send, a debit card deposit and bank deposit payout delivers 7,200 EUR in minutes.

Swish moves money between participating Swedish accounts, it cannot send SEK to Italy.

You may still use a Swedish bank transfer to pay for the transfer online, but beyond that, the company will move SEK to Italy over local rails or SWIFT.

A bank can ask for the purpose and source of a large or unusual payment.

Property sales, inheritances and transfers between your own accounts are easier to clear when the documents match the description you gave the bank.

Tell your bank before a time-sensitive payment and keep the sale contract, estate document or account statement ready.

And do not split one large payment into many small ones, since it can trigger more questions.

Sweden has no gift or inheritance tax, so sending a cash gift does not create a Swedish gift-tax return.

Italy may have their own rules on receiving monetary gifts.