Money Transfer from UK Bank Accounts to ICA Banken
Send UK pounds to Swedish krona into a ICA Banken account in Sweden, an foreign exchange currency broker will save you time and cash with your transfer. The best alternatives for sending funds from the UK to a ICA Banken account.
About ICA Banken
ICA Banken is a Swedish bank established in 2002 and is owned by the retail chain ICA AB and provides financial services to Swedish customers. ICA Banken offers a complete range of bank services for Swedish private individuals, including savings accounts and mutual fund solutions. ICA Banken has no actual bank branches – instead all banking services are offered either at Swedish ICA stores or online.
ICA Banken GBP and SEK Exchange Rates
| Bank Name | FX Broker Comparison | FX Rate | GBP to SEK | FREE QUOTE |
|---|---|---|---|
| ICA Banken | *5.0% | Kr. 10.865 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.
UK Pound & Krona Transfer to/from ICA Banken 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 ICA Banken 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 ICA Banken
To transfer funds abroad from your ICA Banken 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 ICA Banken branch.
