Send money from Sweden to Philippines

Highest remittance rate for converting 1 SEK to PHP = 5.54

Best way to send money from Sweden to Philippines

Finding the best service to help you transfer money from Sweden to the Philippines can become a headache if you don’t know how to tackle it. At Exchange Rate IQ, we help people like you to find the most suitable option to help them send money from Sweden to Philippines. From the fastest and even cheapest option, you will get a better insight into what the ideal money transfer service is for you.

Many people are stuck between options when it comes to sending money from Sweden to Philippines because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

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Country Guide - Philippines

5.7

Mid Market Rate

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5.7

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee kr 24.9) kr 524.9
Receiving Amount
₱ 2910
Realized Exchange Rate
5.54
remitly SEK to PHP Exchange Rate
5.82
Best Value

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Transfer Time :
Remitly is a one of the safest & leading money transfer service provider for sending money from Sweden to Philippines for sending amount 500. Today’s Remitly exchange rate for sending money from SEK to PHP is 5.82 with a kr 24.9 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 5.54. The pay in options available are Creditcard, Debitcard, also you can receive money using Bank, at multiple Remitly partner locations. The transfer time usually range between . For more detailed review of Remitly click here
Pay-In
Pay-Out
You Pay (Includes Fee kr 10) kr 500
Receiving Amount
₱ 2750.517
Realized Exchange Rate
5.39
transfergo SEK to PHP Exchange Rate
5.6133
2.71% vs Best Value

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Transfer Time : 1-2 Days
Transfergo is a one of the safest & leading money transfer service provider for sending money from Sweden to Philippines for sending amount 500. Today’s Transfergo exchange rate for sending money from SEK to PHP is 5.6133 with a kr 10 fee. Based on the Exchange Rate IQ calculations it offers 2.71% less than the best value for your money transfer. The realized exchange rate after considering the fees is 5.39. The pay in options available are Bank, also you can receive money using Bank, at multiple Transfergo partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Transfergo click here
Pay-In
Pay-Out
You Pay (Includes Fee kr 25.9) kr 500
Receiving Amount
₱ 2698.1979
Realized Exchange Rate
5.13
transferwise SEK to PHP Exchange Rate
5.6912
7.4% vs Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from Sweden to Philippines for sending amount 500. Today’s Transferwise exchange rate for sending money from SEK to PHP is 5.6912 with a kr 25.9 fee. Based on the Exchange Rate IQ calculations it offers 7.4% less than the best value for your money transfer. The realized exchange rate after considering the fees is 5.13. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
With Xendpay you get the best deal and make a big difference with every transfer
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

SEK to PHP - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from Sweden to Philippines after comparison?
  • With our real-time comparison on sending money from Sweden to Philippines ,
      we have found Remitly remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Remitly, 5.54 ) ( Transfergo, 5.39 ) ( Transferwise, 5.13 ) .
  • To remit money in the bank account of Philippines, best companies is ( Remitly, 5.54 ).
  • Current money transfer offeres/promotions are available with money transfer services.
  • For quick money transfer from Sweden to Philippines with agent service is Remitly with exchange rate 5.54.
  • Available pay in when sending money from Sweden to Philippines Creditcard, Debitcard, Bank.
  • Available pay out when sending money from Sweden to Philippines Bank.
  • Other options to transfer money from Sweden to Philippines are Moneygram, Xendpay, Worldremit, Skrill, Westernunion .
  • The comparison result was last updated on Mar 08, 2021.
  • For the latest comparison result of Sweden to Philippines, Please visit ExchangeRate IQ regularly.

About Sweden and the Philippines

Sweden and the Philippines established diplomatic relations back in 1947. Ever since both countries have been playing host for each other’s migrants. According to the Swedish remittance reports, millions of money is remitted to the Philippines from Sweden. This is just proof that there are a high number of Philippine migrants in Sweden. Nevertheless, a good number of Swedish companies outsource services from the Philippines online.

Cheap way to send money from Sweden to Philippines

If you want to send money in the 21st century, there are three main options that will prove to be convenient and they include;

Cash apps: This is the most recent money transfer option that will work for anyone with a smartphone. One of the main advantages of sending money from Sweden to Philppines is the cheap service. Using services like XE Money, for example, you should be able to complete your transfer without incurring any cost. Mark you, there are so many cash transfer apps that you will come across and without the right guidance, you can easily end up selecting the wrong service provider. According to users, some of the top choices for sending money from Sweden to the Philippines online include; Remitly, CurrencyFair, TransferGo, TransferWise, Ria, and XE Money.

Bank Transfer: You can easily deposit money in a Philippine bank account from Sweden. While this is a service that you will readily find with any bank, most of such transactions tend to take much longer. One of the main reasons why banks are still one of the best ways to send money from Sweden to Philippines is security. Bank transfers are easy to track and since it includes two banks, you will find tracking your money to be much easier. The best way to use bank transfers is for transferring large amounts of money for official transactions like the purchase of equipment and property or even paying school fees. Some banks allow high discounts for larger transfers.

Cash transfer/delivery: Before technology, the only way to receive money closer to you is through cash delivery services that were conducted by post offices and later on Western Union, MoneyGram. It is safe to say that cash delivery services are one of the fastest ways to send money from Sweden to Philippines. With technology playing a major role in the financial industry, services like the Western Union app is making it even easier for you to initiate a transfer. That is because you don’t have to visit their designated service centers to send cash as you can do it through your phone or computer.

Factors to consider when sending money from Sweden to Philippines

One big mistake that many people make is failing to critically look into who is handling their money transfer. That means many people send money blindly without doing some research about the international money transfer service provider. To be on the safe side you must;

Consider the cost: If you have to send money and you can only afford to separate with a specific amount of money, you will find it a great deal to compare the cost of services. Keep in mind that many money transfer services tend to have different service costs but the quality of service can still be the same. When considering cost, check on things like the provided market exchange rate and make sure that it is the updated version to avoid inconveniences. You will also want to look out for any hidden charges.

Speed of service: Knowing how long your transaction will take is not only important for you as the sender but the receiver as well. Additionally, it makes it easy for you to track the process of your transfer. Keep in mind that it can take anything between a couple of minutes to five days for your money to be transferred from Sweden to the Philippines.

Convenience: You have o ensure that sending your money is easy and the recipient also gets to collect the cash without any complications. Some people make the mistake of sending money without checking if the service they used is available in the country where the cash is being expected. The consequences of this can mean losing more money during the transfer especially if the service provider does not refund the service cost fee.

Historical Mid Market Exchange Rate From Sweden Krona (SEK) to Peso (PHP) (Weekly)

Current Exchange Rate(Mid Market) :- 5.7 PHP/SEK

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SEK To PHP

Send Sweden Krona To PHILIPPINES Receive Peso
1 SEK TO PHP 5.7
50 SEK TO PHP 285
100 SEK TO PHP 570
250 SEK TO PHP 1425
500 SEK TO PHP 2850
1000 SEK TO PHP 5700
5000 SEK TO PHP 28500
10000 SEK TO PHP 57000
Send Peso Receive Sweden Krona From PHILIPPINES
1 PHP FROM SEK --
50 PHP FROM SEK --
100 PHP FROM SEK --
250 PHP FROM SEK --
500 PHP FROM SEK --
1000 PHP FROM SEK --
5000 PHP FROM SEK --
10000 PHP FROM SEK --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate SEK to PHP

Company Name Live Exchange Rate
XE Money Transfer ₱ 5.7
Remitly ₱ 5.82
Transfergo ₱ 5.61
Transferwise ₱ 5.69
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