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Companies for transfers from Sweden to China
"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."
"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."
"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."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall top choice: Wise
Of the 9 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Sweden and China.
When sending money from Sweden to China, using Wise in a great option.
How to get the best deal on your Sweden to China transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Sweden to China.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Sweden and China.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to China.
Summary of recent searches
Considerations ahead of sending money from Sweden to China
A comparison of providers offering services between Sweden and China, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 9 providers that provide services for sending Swedish Krona to China. This ensures you will get the best options for your transfer to China 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 China.
Cheapest way to transfer money from Sweden to China: Revolut
Data collected over the past six months shows that Revolut is 0.2% cheaper than the second-best option.
This includes an average transfer fee of 0* SEK an exchange rate for buying Yuan Renminbi with Swedish Kronas that is 0.16% different to the mid-market rate.
If you want to secure the best rates on transfers from Sweden to China, Revolut will result in the most Yuan Renminbi received.
*The most common fee applied to SEK-CNY by Revolut, based on data from the past six months.
Fastest way to transfer money to China from Sweden: Wise.
Wise was the quickest way to send Swedish Krona to Yuan Renminbi in 80% of searches. For fast transfers between SEK and CNY, Wise comes highly recommended.
When using Wise to send money from Sweden to China you can expect an average fee of 75.58 SEK. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 9 money transfer providers. To test overall speed of sending money from Sweden to China we included the timeframe for depositing Swedish Krona to a money transfer account and average transfer times to China.
When sending money to China from Sweden quickly is a priority, Wise is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 9 providers compared.
While Wise may not always be the cheapest or fastest way to send SEK from Sweden to China, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money to China from Sweden
The cost of sending money from China to China, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from SEK-CNY is 0.6809 CNY per Swedish Krona.
Finding a provider offering an exchange as close to 0.6809 as possible will ensure more Yuan Renminbi received when transferring.
For context, the SEK-CNY mid-market rate for the past three months has averaged 0.6761 CNY per Swedish Krona. This includes a high of 0.6783, and low of 0.6739.
Revolut currently offers the best exchange rate on transfers from Sweden to China.
For the most part the SEK-CNY exchange rate you receive is the biggest factor impacting the cost of sending SEK to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to China from Sweden, averaging 0 SEK over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Yuan Renminbi is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Swedish Kronas to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for Swedish Krona to Yuan Renminbi
Timing is essential for sending money between SEK and CNY. The exchange rate you secure impacts how much CNY you get for your SEK.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SEK to CNY has seen some fluctuation. On average, it stood at 0.6761.
During this period, the highest value recorded was 0.6783, while the lowest was 0.6739.
Wise, which is our recommended service to send money online from Sweden to China offers an exchange rate that is only 0.08% above the mid-market rate.
Want to secure the best SEK-Yuan Renminbi 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 China!
Payment methods available to fund your Sweden to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from Sweden to China.
Sending money via a bank transfer with a company such as Revolut for transfers from Sweden to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Revolut is the best provider for bank transfers of the 9 we tested when sending SEK to China.
With an average fee of SEK0 to send money from Sweden to China, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Sweden to China with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Sweden to China, competing among a total of 9 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Sweden to China, emerges as our top choice of the 9 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between China 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 China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
