If you are doing a money transfer to Sweden or considering making regular transfers to Sweden to pay bills or suppliers, Compare Money Transfer advises that if you are making regular transfers to use a foreign exchange broker to ensure you get the most out of your exchange rate.

Currency for Sweden The Krona (SEK) is the official currency of Sweden.

Credit Cards accepted
The following credit cards are accepted American Express, Diners Club, MasterCard, Visa and others are all widely accepted, as well as Euro cheque cards. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel aboard / overseas

Traveller's cheques
Traveller's cheques are accepted in all banks and bureaus, though to avoid any extra service charges it is recommended that the cheques are in either US Dollars, Pounds Sterling or Euros. ATMs are available in most towns.

Currency Exchange
In Sweden, you can exchange your currency at most Banks as well as many exchange bureaus that you will find in popular areas, such as Stockholm, Gothenburg, Malmo, Uppsala and Vasteras. In most banks when you are exchanging currency, you will need your passport. If you do not have this with you, then the bank may refuse to exchange your currency.

Sweden's Banking open and closing hours are Monday-Friday 0900 hrs - 1800 hrs.

Tipping in Sweden- Many restaurants will charge a service fee as part of the bill. If you're keen to tip it is customary to leave a 10-15% tip in a sit-down restaurant, taxi-drivers will get 5-10% depending on the city.

Sending money to Sweden is easy just open an account with a money transfer broker then once your account is opened you can then transfer money to Sweden and even make regular transfers. Use compare money transfer to see foreign exchange companies offering currency deals. So paying your mortgage, Importing or exporting, paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks to send money to Sweden.

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