Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 50% of Canada to Sweden searches, and was the top rated company out of 11 that support CAD to SEK.
So for a great mix of cost, speed & features, make your Canada to Sweden transfer using Wise.
How to get the best deal on your Canada to Sweden transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Sweden.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Sweden
Don't settle for the first option. Always compare ways to send money from Canada to Sweden to find out about fees, speed, and reliability.
Our analysis included 11 providers that operate between Canada and Sweden.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Sweden.
Cheapest way to send money to Sweden from Canada: OFX
Data collected over the past six months shows that OFX is 1.7% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to SEK international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Sweden transfer, make sure you pick OFX to send your money online.
*The most common fee applied to CAD-SEK by OFX, based on data from the past six months.
Fastest way to send money from Canada to Sweden: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Canada to Sweden in 66.7% of searches. This makes them well suited to urgent CAD to SEK money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Sweden - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Sweden from Canada in 66.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Sweden, it’s the provider that will keep you safe and relaxed while your money moves into SEK.
Understanding the costs involved when moving money from Canada to Sweden
When calculating the costs of money transfers between Canada and Sweden, here's what really matters:
The Mid-Market Rate: Today, the CAD-SEK mid-market rate equals 7.893325 SEK per Canadian Dollar.
The CAD-SEK average exchange rate for the past three months has been 7.692 SEK per Canadian Dollar, with a high of 7.9127 and a low of 7.632.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to SEK.
How to find the best exchange rate for Canada to Sweden
Timing is essential for sending money between CAD and SEK. The exchange rate you secure impacts how much SEK you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to SEK has seen some fluctuation. On average, it stood at 7.692.
During this period, the highest value recorded was 7.9127, while the lowest was 7.632.
Wise, which is our recommended service to send money online from Canada to Sweden offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Swedish Krona exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Sweden!
Payment methods available to fund your Canada to Sweden transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Sweden.
By using a money transfer company such as OFX for transfers from Canada to Sweden, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, OFX is the cheapest provider for bank transfers from the 11 we tested when sending CAD to Sweden.
With an average fee of CAD0 to send money from Canada to Sweden, OFX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Sweden with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Sweden, competing among a total of 11 active money transfer companies on this route.
When it comes to credit card transfers from Canada to Sweden, Wise emerges as our top choice of the 11 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Sweden and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Canada to Sweden.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to SEK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
