How to send money to South Africa from Sweden with the best SEK-ZAR rate

From 9 companies analysed, Key Currency is the cheapest way to send money to South Africa, giving your recipient 133,602.68 ZAR when you send SEK 80,000.

Deposit with bank transfer and use bank deposit for withdrawal to get the most ZAR.

Best companies for SEK/ZAR transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 80,000 SEK transfer

Best companies for SEK/ZAR transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 469,41 kr 1 SEK = 1.6741 ZAR +0.01% vs mid-market Recipient gets 133 138,98 R Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
469,41 kr1 SEK = 1.6741 ZAR
133 138,98 RYou pay80 000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 1.6561 ZAR +1.09% vs mid-market Recipient gets 132 488,00 R Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Africa with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6561 ZAR
132 488,00 RYou pay80 000,00 kr

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Showing top Sweden to South Africa deals for 80,000 SEK. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 1.6700 ZAR +0.25% vs mid-market Recipient gets 133 602,68 R Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in South Africa with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 SEK = 1.6700 ZAR
133 602,68 RYou pay80 000,00 kr
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 1.6697 ZAR +0.27% vs mid-market Recipient gets 133 575,89 R Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in South Africa with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6697 ZAR
133 575,89 RYou pay80 000,00 kr

TorFx

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 1.6692 ZAR +0.30% vs mid-market Recipient gets 133 535,71 R Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in South Africa with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6692 ZAR
133 535,71 RYou pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 469,41 kr 1 SEK = 1.6741 ZAR +0.01% vs mid-market Recipient gets 133 138,98 R Next day
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
469,41 kr1 SEK = 1.6741 ZAR
133 138,98 RYou pay80 000,00 kr

TapTap Send

Pay via Debit card
Fee 0,00 kr 1 SEK = 1.6600 ZAR +0.85% vs mid-market Recipient gets 132 800,00 R Minutes
Receive to bank account

Ways to receive money in South Africa with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 SEK = 1.6600 ZAR
132 800,00 RYou pay80 000,00 kr

Xe

Pay via Debit card
Fee 0,00 kr 1 SEK = 1.6561 ZAR +1.09% vs mid-market Recipient gets 132 488,00 R Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Africa with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6561 ZAR
132 488,00 RYou pay80 000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 1.6561 ZAR +1.09% vs mid-market Recipient gets 132 488,00 R Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Africa with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6561 ZAR
132 488,00 RYou pay80 000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 SEK = 1.6561 ZAR +1.09% vs mid-market Recipient gets 132 488,00 R Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in South Africa with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 SEK = 1.6561 ZAR
132 488,00 RYou pay80 000,00 kr

Moneycorp

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 1.6508 ZAR +1.40% vs mid-market Recipient gets 132 062,39 R Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 SEK = 1.6508 ZAR
132 062,39 RYou pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 1.6676 ZAR +0.40% vs mid-market Recipient gets 132 040,17 R Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in South Africa with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
820,00 kr1 SEK = 1.6676 ZAR
132 040,17 RYou pay80 000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee 1 330,04 kr 1 SEK = 1.6741 ZAR +0.01% vs mid-market Recipient gets 131 698,23 R Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
1 330,04 kr1 SEK = 1.6741 ZAR
131 698,23 RYou pay80 000,00 kr

Wise

Pay via Credit card
Fee 1 492,24 kr 1 SEK = 1.6741 ZAR +0.01% vs mid-market Recipient gets 131 426,70 R Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
1 492,24 kr1 SEK = 1.6741 ZAR
131 426,70 RYou pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 30,00 kr 1 SEK = 1.6408 ZAR +2.02% vs mid-market Recipient gets 131 264,00 R Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 040,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
Free1 SEK = 1.6241 ZAR
129 928,00 RYou pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 30,00 kr 1 SEK = 1.6408 ZAR +2.02% vs mid-market Recipient gets 131 264,00 R Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 040,00 kr
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
Free1 SEK = 1.6241 ZAR
129 928,00 RYou pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 30,00 kr 1 SEK = 1.6408 ZAR +2.02% vs mid-market Recipient gets 131 264,00 R Minutes - 24 hours

Ways to receive money in South Africa with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 1.6408 ZAR
131 264,00 RYou pay80 040,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee 2 540,00 kr 1 SEK = 1.6676 ZAR +0.40% vs mid-market Recipient gets 129 171,91 R Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in South Africa with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
2 540,00 kr1 SEK = 1.6676 ZAR
129 171,91 RYou pay80 000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

How Our Results Work
Mid-market rate: 1 SEK = 1.6742 ZAR Updates every 60 minutes.

How to send money from Sweden to South Africa

Pick a company

For a one-off SEK transfer to South Africa, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 26 of the 26 days it quoted kr80,000 transfers to South Africa.

On a 80,000 SEK transfer, Key Currency delivers the most ZAR.

The best option will change depending on how much you actually send, so I suggest to get the best SEK/ZAR rate.

Fund your transfer

You can pay for the transfer using bank transfer, debit card, and credit card.

A transfer from your Swedish bank is usually the easiest way to fund the transfer.

Verify and send

Before you can send money to South Africa, you'll need to verify your account.

Most companies do it with BankID.

If you can't get BankID yet, some companies will take a passport instead (but it's less common).

Compare amounts

How much SEK are you sending to South Africa?

How much SEK you send to South Africa 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 Key Currency was the cheapest in 100% of the transfers from SEK 50,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
5 000 kr0.67%0,00 kr8 308,50 Rwith bank transfer to bank deposit+69,81 R
10 000 kr0.70%0,00 kr16 617,00 Rwith bank transfer to bank deposit+122,63 R
25 000 kr0.64%0,00 kr41 555,00 Rwith bank transfer to bank deposit+325,85 R
50 000 kr0.30%0,00 kr83 438,08 Rwith bank transfer to bank deposit+942,98 R
80 000 krThis page0.25%0,00 kr133 602,68 Rwith bank transfer to bank deposit+1 458,39 R

Mid-market rate: 1 SEK = 1.6742 ZAR

SEK/ZAR Exchange Rate History

Is today a good time to send money from Sweden to South Africa?

The cheapest way to send SEK to ZAR 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 Key Currency), across 30 days of comparisons for 80,000 SEK transfers to South Africa.

ZAR received for 80 000 kr, after fees

Wed, 28 Oct 2026Mid-market rate133 937,52 R Key Currency 133 602,68 RKey Currency133 602,68 RRegency FX133 575,89 RTorFx133 535,71 R

130 000
131 000
132 000
133 000
134 000
135 000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6460 – 131 678,08 R
Key Currency Cheapest 1.6419 0,00 kr 131 348,88 R −329,20 R
Regency FX 1.6415 0,00 kr 131 322,55 R −355,53 R
TorFx 1.6410 0,00 kr 131 283,05 R −395,03 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6405 – 131 238,96 R
Key Currency Cheapest 1.6364 0,00 kr 130 910,86 R −328,10 R
Regency FX 1.6361 0,00 kr 130 884,61 R −354,35 R
TorFx 1.6356 0,00 kr 130 845,24 R −393,72 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6432 – 131 454,48 R
Key Currency Cheapest 1.6391 0,00 kr 131 125,84 R −328,64 R
Regency FX 1.6387 0,00 kr 131 099,55 R −354,93 R
TorFx 1.6383 0,00 kr 131 060,12 R −394,36 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6623 – 132 982,48 R
Key Currency Cheapest 1.6581 0,00 kr 132 650,02 R −332,46 R
Regency FX 1.6578 0,00 kr 132 623,43 R −359,05 R
TorFx 1.6573 0,00 kr 132 583,53 R −398,95 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6589 – 132 708,64 R
Key Currency Cheapest 1.6547 0,00 kr 132 376,87 R −331,77 R
Regency FX 1.6544 0,00 kr 132 350,33 R −358,31 R
TorFx 1.6539 0,00 kr 132 310,51 R −398,13 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6589 – 132 708,16 R
Key Currency Cheapest 1.6547 0,00 kr 132 376,39 R −331,77 R
Regency FX 1.6544 0,00 kr 132 349,85 R −358,31 R
TorFx 1.6539 0,00 kr 132 310,04 R −398,12 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6571 – 132 568,56 R
Key Currency Cheapest 1.6530 0,00 kr 132 237,14 R −331,42 R
Regency FX 1.6526 0,00 kr 132 210,62 R −357,94 R
TorFx 1.6521 0,00 kr 132 170,85 R −397,71 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6550 – 132 400,00 R
Key Currency Cheapest 1.6509 0,00 kr 132 069,00 R −331,00 R
Regency FX 1.6505 0,00 kr 132 042,52 R −357,48 R
TorFx 1.6500 0,00 kr 132 002,80 R −397,20 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6552 – 132 412,32 R
Key Currency Cheapest 1.6510 0,00 kr 132 081,29 R −331,03 R
Regency FX 1.6507 0,00 kr 132 054,81 R −357,51 R
TorFx 1.6502 0,00 kr 132 015,08 R −397,24 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6659 – 133 271,04 R
Key Currency Cheapest 1.6617 0,00 kr 132 937,86 R −333,18 R
Regency FX 1.6614 0,00 kr 132 911,21 R −359,83 R
TorFx 1.6609 0,00 kr 132 871,23 R −399,81 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6588 – 132 703,28 R
Key Currency Cheapest 1.6546 0,00 kr 132 371,52 R −331,76 R
Regency FX 1.6543 0,00 kr 132 344,98 R −358,30 R
TorFx 1.6538 0,00 kr 132 305,17 R −398,11 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6521 – 132 170,96 R
Key Currency Cheapest 1.6480 0,00 kr 131 840,53 R −330,43 R
Regency FX 1.6477 0,00 kr 131 814,10 R −356,86 R
TorFx 1.6472 0,00 kr 131 774,45 R −396,51 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6521 – 132 170,96 R
Key Currency Cheapest 1.6480 0,00 kr 131 840,53 R −330,43 R
Regency FX 1.6477 0,00 kr 131 814,10 R −356,86 R
TorFx 1.6472 0,00 kr 131 774,45 R −396,51 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6509 – 132 068,40 R
Key Currency Cheapest 1.6467 0,00 kr 131 738,23 R −330,17 R
Regency FX 1.6464 0,00 kr 131 711,82 R −356,58 R
TorFx 1.6459 0,00 kr 131 672,19 R −396,21 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6474 – 131 789,36 R
Key Currency Cheapest 1.6432 0,00 kr 131 459,89 R −329,47 R
Regency FX 1.6429 0,00 kr 131 433,53 R −355,83 R
TorFx 1.6424 0,00 kr 131 393,99 R −395,37 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6556 – 132 444,16 R
Key Currency Cheapest 1.6514 0,00 kr 132 113,05 R −331,11 R
Regency FX 1.6511 0,00 kr 132 086,56 R −357,60 R
TorFx 1.6506 0,00 kr 132 046,83 R −397,33 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6590 – 132 719,60 R
Key Currency Cheapest 1.6548 0,00 kr 132 387,80 R −331,80 R
Regency FX 1.6545 0,00 kr 132 361,26 R −358,34 R
TorFx 1.6540 0,00 kr 132 321,44 R −398,16 R
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6580 469,67 kr 131 860,49 R –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6640 – 133 116,48 R
Key Currency Cheapest 1.6598 0,00 kr 132 783,69 R −332,79 R
Regency FX 1.6595 0,00 kr 132 757,07 R −359,41 R
TorFx 1.6590 0,00 kr 132 717,13 R −399,35 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6640 – 133 118,40 R
Key Currency Cheapest 1.6598 0,00 kr 132 785,60 R −332,80 R
Regency FX 1.6595 0,00 kr 132 758,98 R −359,42 R
TorFx 1.6590 0,00 kr 132 719,04 R −399,36 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6603 – 132 821,44 R
Key Currency Cheapest 1.6561 0,00 kr 132 489,39 R −332,05 R
Regency FX 1.6558 0,00 kr 132 462,82 R −358,62 R
TorFx 1.6553 0,00 kr 132 422,98 R −398,46 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6550 – 132 402,00 R
Key Currency Cheapest 1.6509 0,00 kr 132 070,99 R −331,01 R
Regency FX 1.6506 0,00 kr 132 044,51 R −357,49 R
TorFx 1.6501 0,00 kr 132 004,79 R −397,21 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6573 – 132 587,60 R
Key Currency Cheapest 1.6532 0,00 kr 132 256,13 R −331,47 R
Regency FX 1.6529 0,00 kr 132 229,61 R −357,99 R
TorFx 1.6524 0,00 kr 132 189,84 R −397,76 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6659 – 133 269,28 R
Key Currency Cheapest 1.6617 0,00 kr 132 936,11 R −333,17 R
Regency FX 1.6614 0,00 kr 132 909,45 R −359,83 R
TorFx 1.6609 0,00 kr 132 869,47 R −399,81 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6661 – 133 284,48 R
Key Currency Cheapest 1.6619 0,00 kr 132 951,27 R −333,21 R
Regency FX 1.6616 0,00 kr 132 924,61 R −359,87 R
TorFx 1.6611 0,00 kr 132 884,63 R −399,85 R
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6709 469,45 kr 132 886,80 R –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6709 469,45 kr 132 886,80 R –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6735 469,41 kr 133 090,47 R –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6728 – 133 823,52 R
Key Currency Cheapest 1.6686 0,00 kr 133 488,96 R −334,56 R
Regency FX 1.6683 0,00 kr 133 462,20 R −361,32 R
TorFx 1.6678 0,00 kr 133 422,05 R −401,47 R
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6742 – 133 937,52 R
Key Currency Cheapest 1.6700 0,00 kr 133 602,68 R −334,84 R
Regency FX 1.6697 0,00 kr 133 575,89 R −361,63 R
TorFx 1.6692 0,00 kr 133 535,71 R −401,81 R

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 80 000 kr, after fees, as quoted by each company. The mid-market line shows what 80 000 kr converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

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 ZAR per SEK 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 ZAR on every transfer from Sweden.

Right now, Key Currency pays 133,602.68 ZAR on 80,000 SEK, which is 334.84 ZAR less than the mid-market amount.

Today's payout is the highest in the past month.

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 South Africa.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. Key CurrencyAppeared in 26 comparisons

    Cheapest every time

  2. Regency FXAppeared in 26 comparisons

    Never the cheapest

  3. TorFxAppeared in 39 comparisons

    Cheapest in 33% of them

Based on 94 comparisons across 5 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 analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Sweden to South Africa

9 companies send money from Sweden to South Africa, mostly through app, broker, online, global account, multi-currency account, and in person, and a few more ways.

Medium-sized transfers

Online transfers

For a one-off transfer to South Africa, an online service like Wise is usually the simplest place to start.

Wise charges kr469.41 to send 80,000 SEK, leaving your recipient with 133,138.98 ZAR after a 0.01% markup on SEK/ZAR exchange rate.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

Regular SEK transfers

Money transfer apps

For smaller regular transfers, apps are the most convenient and easiest way to send money to South Africa.

Wise charges kr469.41 on a 80,000 SEK transfer and money will arrive in next day.

Over the past month, Wise was the cheapest app on 93% of the days it appeared for kr80,000 transfers.

Your recipient can withdraw via bank deposit, cash pickup, and card deposit.

In many cases you will need a BankID to verify your account, but a few will do with a passport or driver's licence.

Spending and travelling

Multi-currency accounts

A multi-currency account makes sense if you regularly need ZAR.

You can convert your kronor in advance and use the balance when needed without extra fees.

Wise converts SEK 80,000 with a 0.01% exchange-rate markup and holds the ZAR in your account.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Paying from business accounts

Global accounts

If your business receives and sends money in South Africa, a global account keeps the ZAR in one place.

You can pay invoices from the balance and convert when needed.

WorldFirst and Airwallex are good options to try.

Ways to fund SEK and receive ZAR in South Africa

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 80,000 SEK gives your recipient 133,602.68 ZAR.

From Sweden, you can fund the transfer by bank transfer, debit card, and credit card, and in South Africa, the recipient can use bank deposit, cash pickup, and card deposit.

Paying from your Swedish bank account

Send SEK using the account and reference shown by the money transfer company.

You may need to use BankID to approve and verify the payment.

For cash pickup, they can collect ZAR from a nearby MoneyGram agent in South Africa.

Swish is useful for payments within Sweden, but it does not send ZAR to South Africa.

  1. 1
    Bank transfer Bank deposit

    You pay kr80,000.00

    R133,603

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr80,000.00

    R132,800

    -R803

  3. 3
    Credit card Bank deposit

    You pay kr80,000.00

    R132,488

    -R1,115

  4. 4
    Bank transfer Cash pickup

    You pay kr80,040.00

    R131,264

    -R2,339

  5. 5
    Debit card Cash pickup

    You pay kr80,040.00

    R131,264

    -R2,339

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  1. 6
    Credit card Cash pickup

    You pay kr80,040.00

    R131,264

    -R2,339

  2. 7
    Debit card Card deposit

    You pay kr80,000.00

    R129,928

    -R3,675

  3. 8
    Credit card Card deposit

    You pay kr80,000.00

    R129,928

    -R3,675

Consider this before sending SEK to South Africa

Swedish banks are safe but often expensive for foreign payments. Compare money transfer companies available to get the most ZAR from Sweden.

Compare SEK to ZAR transfer options

Cheapest way to send money to South Africa

The cheapest option for an SEK 80,000 transfer is Key Currency. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 133,602.68 ZAR, which is 0.02% more than the next best option.

Fastest way to send money to South Africa

With Revolut, a bank transfer deposit and bank deposit payout delivers 132,040.17 ZAR in within minutes.

Swish only works in Sweden

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

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

Avoid delays

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 does not charge gift tax

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

South Africa may have their own rules on receiving monetary gifts.

How we analyse the market

We track 9 companies sending SEK to South Africa, all registered with Finansinspektionen or passported in, with rates refreshed in real time on live searches.

The krona floats, so we compare on what actually arrives, alongside fees and the ways to pay and collect.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for SEK/ZAR 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.