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Companies for transfers from Sweden to Nigeria
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"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."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"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."
"Card-to-card transfers can be received in just two minutes."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: Wise
We tested & reviewed 13 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 52.4% of Sweden to Nigeria searches, and was the top rated company supporting payments Sweden into Naira.
So for a great mix of cost, speed & features, make your Sweden to Nigeria transfer using Wise.
How to compare deals on Sweden to Nigeria money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Sweden to Nigeria.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Sweden. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
What to consider ahead of money transfers from Sweden to Nigeria
Comparing based on your specific needs is the best way to send money from Sweden to Nigeria with confidence.
Our analysis, and search results, include 13 providers that operate between Sweden and Nigeria. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in Sweden when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Sweden: Dahabshiil
Data collected through our comparison over the past six months shows that Dahabshiil is 1.6% cheaper than the second-best option.
The cost is made up of an average fee of 0* SEK and an exchange rate for buying Naira with Swedish Krona that is -4.07% different to the mid-market rate.
If you want to secure the best rates on a Sweden to Nigeria transfer, Dahabshiil offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to SEK-NGN by Dahabshiil, based on data from the past six months.
Fastest money transfers from Sweden to Nigeria: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Sweden to Naira in 61.9% of instances.
Over the last six months, sending money from Sweden to Nigeria through Ria Money Transfer have an average fee of 4 SEK.
Ria Money Transfer was one of 13 money transfer providers we compared for overall speed of sending money from Sweden to Nigeria. This speed test included depositing Swedish Kronas to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Ria Money Transfer is our best choice for sending from Sweden to Nigeria.
Need to make a large transfer?
Wise is the best option for large transfers of the 13 providers compared.
While Wise may not always be the cheapest or fastest way to send SEK from Sweden to Nigeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of money transfers to Nigeria from Sweden
The total cost of sending money to Nigeria 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-NGN is 149.7522 NGN per Swedish Krona.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Naira for your Swedish Kronas.
The SEK-NGN mid-market rate over the last three months has seen the Swedish Krona worth an average 151.7575 NGN. Within this there has been a high of 165.3547, and a low of 135.69.
From 13 companies compared, Dahabshiil offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting SEK to NGN.
Fees: When sending money there may be additional fees. Dahabshiil offers the lowest fee of the 13 providers tested, averaging 0 SEK per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Naira eventually received in Nigeria.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Nigeria, means a better overall cost of sending money from Sweden.
Getting the best exchange rate for Swedish Krona to Naira
Tracking the mid-market rate can make a huge difference when sending money SEK to NGN. The exchange rate you secure impacts how much NGN you get for your SEK.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from SEK to NGN has seen some fluctuation. On average, it has been 151.7575.
During this period, the highest value level was 165.3547, with a low of 135.69.
Wise, which is our recommended service to send money online from Sweden to Nigeria offers an exchange rate that is only -3.42% above the mid-market rate.
Want to secure the best SEK-Naira 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 Nigeria!
Paying for your Sweden to Nigeria transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Sweden to Nigeria.
By using a money transfer company such as Dahabshiil for transfers from Sweden to Nigeria, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Dahabshiil is the cheapest provider for bank transfers from the 13 we tested when sending SEK to Nigeria.
With an average fee of 0 SEK to send money from Sweden to Nigeria, Dahabshiil offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Sweden to Nigeria with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Sweden to Nigeria.
Credit cards
For credit card transfers from Sweden to Nigeria, is our top choice of the 13 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria 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 Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
