How to send money to Russia from Sweden with the best SEK-RUB rate

Comparing providers offering services between Sweden and Russia, based on your specific needs is the best way to send money with confidence.

Based on the availability of companies for SEK/RUB

• Regency FX is our top pick for sending Swedish Krona to Russia. A transfer of 80,000 Swedish Kronas to RUB will cost you kr0 in fees, and you will receive 692,574.19 RUB. The transfer time is minutes - 24 hours, but might be a bit longer depending on the day you make the transfer.

• Of the 1 providers compared, Regency FX is the cheapest option for sending money right now. We found that Regency FX is 0% cheaper than the second-best option.

• Fastest way to send money to Russia from Sweden is via Regency FX. The transfer time is minutes - 24 hours with Regency FX for a kr80,000 transfer, but it will depend on the time, day of the week, and the amount you send.

Our comparison includes 1 companies that provide the ability to send Swedish Krona to Russia.

This ensures you get the best options for transfers to Russia from Sweden, based on the amount you want to send.

The exchange rate determines the price you’ll pay for Russian Ruble when sending Swedish Krona to Russia.

The rate between the Swedish Krona and Russian Ruble is currently 8.6531. Regency FX offers the best exchange from SEK-RUB.

The total cost of sending money to Russia from Sweden is a mix of the mid-market, exchange rates and transfer fees.

• The Mid-Market and Exchange Rates: The mid-market for SEK-RUB is 8.6531 RUB per Swedish Krona.

• Fees: When sending money there may be additional fees. Regency FX offers the lowest fee of the 1 providers tested, costing justs 0 SEK per transfer.

• Amount Received: When comparing providers, the best measure is the amount of Russian Ruble eventually received in Russia.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in Russia, means a better overall cost of sending money from Sweden.

Sending money via a bank transfer is the recommended option for sending money from Sweden to Russia.

Here are the popular ways to send money from Sweden to Russia:

Bank transfers

Bank transfers are often the best payment method for money transfers from Sweden to Russia.

A money transfer company like Regency FX offer bank transfers between Sweden and Russia with lower fees and better exchange rates than you would get from a traditional bank. 


Debit and prepaid cards

Sending money from Sweden to Russia with a debit or a prepaid card is very simple with .


is a leader in debit card payments for transfers from Sweden to Russia, competing among a total of 1 active money transfer companies on this route.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Ensuring you fully understand regulations in Sweden and Russia will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Sweden and Russia.

Some services between Sweden and Russia have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Russia as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Russia, use Regency FX. The combination of rates and fees when sending from Sweden to Russia is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Sweden, or entering Russia. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Russian Ruble in Russia. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from Sweden to Russia will offer every method for incoming Russian Ruble, so it’s best to check ahead of time.

One of the more common ways to transfer from Sweden into Russian Ruble is directly into a bank account. Regency FX is the best company for bank transfers between Sweden and Russia.

And if you need cash right away, check if cash pickup is an option for transfers between Sweden and Russia.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Regency FX.

When signing up to and sending Swedish Krona to Russia, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in Sweden this will be a government issued ID such as a passport or driver's license. In Russia it will be similar, although this should only be needed if you are opening a new account in Russia, or collecting in cash. Sending to an existing bank account in Russia shouldn’t require any additional ID checks.

Large transactions between Sweden and Russia, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Regency FX has scored so highly for transfers to Russia is their easy sign up process in Sweden.

When sending large amounts of money between Sweden and Russia there will potentially be a tax declaration to consider.

Some transfers into Russian Ruble may need to be reported to tax authorities in Russia, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Russia based on age, income and a few other elements. When in doubt, please contact a tax professional in Sweden or Russia to discuss your personal circumstances.