Money Transfer from UK Accounts to Forex Bank
Transfer UK pounds to Swedish krona into a Forex Bank account in Sweden, an foreign exchange currency broker will save you time and money on the transaction. The best alternatives for sending funds from the UK to a Forex Bank account in Sweden.
About Forex Bank
Forex Bank was founded in 1927 and has about 110 branches across Sweden, Denmark, Finland and Norway. Forex Bank offers a range of banking services including foreign exchange, savings accounts, and insurance.
Forex Bank Sweden GBP and SEK Exchange Rates
|Bank Name | FX Broker Comparison||FX Rate||GBP to SEK||FREE QUOTE|
|Forex Bank||*2.4%||Kr. 11.162 info||Enquire|
|TorFX||*0.7%||Kr. 11.362 info||Enquire|
UK pound sterling (GBP) to Swedish krona (SEK) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from Swedish krona. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Swedish Krona Transfer to/from Forex Bank in Sweden
Making a transfer to or from Swedish krona using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to Forex Bank account v Currency Brokers
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or Kr. 57193.866 Swedish krona. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with Forex Bank
To transfer funds abroad from your Forex Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. International transfer requests may be submitted by fax as long as you have signed a request at your local Forex Bank branch.