Best option: Wise
We tested & reviewed 15 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 93.8% of Sweden to Philippines searches, and was the top rated company supporting money transfers between SEK and PHP.
For a great mix of cost, speed & features, transfer from Sweden to Philippine Peso using Wise.
How to compare deals on Sweden to Philippines money transfers
What to consider ahead of money transfers from Sweden to Philippines
Comparing based on your specific needs is the best way to send money from Sweden to the Philippines with confidence.
Our analysis, and search results, include 15 providers that operate between Sweden and the Philippines. 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 the Philippines.
Cheapest way to transfer money from Sweden to Philippines: Revolut
Data collected over the past six months shows that Revolut is 0.3% cheaper than the second-best option.
This includes an average transfer fee of 0* SEK an exchange rate for buying Philippine Peso with Swedish Kronas that is 0.09% different to the mid-market rate.
If you want to secure the best rates on transfers from Sweden to Philippines, Revolut will result in the most Philippine Peso received.
*The most common fee applied to SEK-PHP by Revolut, based on data from the past six months.
Fastest company to send money to the Philippines from Sweden: Paysend.
Through our data, Paysend was the quickest way to send money from Sweden to Philippine Peso 43.8% of the time.
Sending money through Paysend to the Philippines from Sweden has an average fee of 0 SEK.
To understand who was the fastest, we tested Paysend as part of 15 money transfer providers. Within this, we looked at the overall speed of sending money from Sweden to the Philippines. This was made up of transfer times to the Philippines after Swedish Kronas were added to a money transfer account.
When fast money transfers between Sweden and the Philippines are a priority, Paysend is our recommended choice.
Transfer a large sum of money
From 15 money transfer companies compared, Wise is the best option for large transfers from Sweden to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Sweden to the Philippines can become expensive if you use a bank, or the wrong provider.
Wise is the top choice for sending large sums of money to the Philippines from Sweden because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Sweden to Philippines
The total cost of sending money to the Philippines from Sweden, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for SEK-PHP is 5.4225 PHP per Swedish Krona.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Swedish Krona.
The average SEK-PHP mid-market rate for the last three months has been 5.483 PHP per Swedish Krona. This includes a high of 5.6027, and low of 5.4076.
Out of the 15 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting SEK to PHP should be the biggest determining cost factor when transferring Swedish Krona to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Profee, with a fee average of 0 SEK per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Sweden will result in more money received in the Philippines.
Getting the best exchange rate for Swedish Krona to Philippine Peso
Tracking the mid-market rate can make a huge difference when sending money SEK to PHP. The exchange rate you secure impacts how much PHP 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 PHP has seen some fluctuation. On average, it has been 5.483.
During this period, the highest value level was 5.6027, with a low of 5.4076.
Wise, which is our recommended service to send money online from Sweden to Philippines offers an exchange rate that is only 0% above the mid-market rate.
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Payment options for transfers from Sweden to Philippines
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines 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 Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.