How to send money to Sweden in 2026: euros and kronor in 1 business day from the European Union
Money reaches Sweden by bank transfer to a 24-character account: from the European Union in 1 business day, from other countries in 1-3 business days. Since 1 January 2026 deposits are protected up to $120,000, home sale proceeds temporarily up to $500,000, and since April a mortgage covers 90% of the price. There is no gift tax.
In short
- A Swedish account number has 24 characters, and a euro transfer from the European Union takes 1 business day.
- The deposit guarantee since 1 January 2026 is $120,000 (1,150,000 kronor) at one bank.
- Home sale proceeds are temporarily protected up to $500,000 (5 million kronor) for 12 months.
- Sweden has had no gift or inheritance tax since 2005, and since April 2026 a mortgage covers up to 90%.
In detail
The simplest way to send money to Sweden in 2026 is a bank transfer to a Swedish account with a 24-character number: from the European Union a euro transfer arrives in 1 business day, from other countries in 1-3 business days. The Swedish guarantee temporarily protects money from a home sale up to $500,000 (5 million kronor) for 12 months, if you apply.
| Method | On 8 October 2026 | Currency | Time | What you need |
|---|---|---|---|---|
| A euro transfer from the European Union and the euro payments area | works | euros: the bank exchanges them into kronor or credits a euro account | 1 business day | the 24-character account number and the recipient's name |
| An international transfer from other countries | works | kronor, dollars or euros | 1-3 business days | the account number and the bank code of 8 or 11 characters |
| A transfer to a basic payment account | works | kronor | 1-3 business days | an account under the right to a basic account for residents of the European Economic Area |
| A money transfer service to an account | works | kronor | from minutes to a day | the recipient's name and account number |
Riksbank rate on 7 October 2026: 10.04205 kronor per dollar, dollar amounts rounded up; table checked on 8 October 2026.
How to receive money in Sweden on an account without a personal identity number
A Swedish bank must open a basic payment account for anyone legally resident in the European Economic Area: this right is set out in chapter 4a of the Payment Services Act 2010:751. Transfers from abroad arrive on such an account, and a card is issued for it.
Without a Swedish personal identity number the account works with limited functions: mobile payments by phone number and bank electronic identification are connected only with a personal number. So large sums are better sent once the number has been obtained, and until then the bulk of the money stays where it is now.
By law the bank checks the client: passport, address, the source of the money and the purpose of the account. Moving with a business is described on the Sweden startup visa page.
The sender's country has its own rules for taking money out, and Sweden does not affect them. If a bank in your country does not send a payment to Stockholm directly, ask a manager about a route from your country: a legal path can be found for difficult destinations too.
Euros or kronor: which currency to send to Sweden
A Swedish account is held in kronor by default. If euros or dollars are sent to such an account, the bank exchanges them on crediting at its own rate, and from $10,000 the difference from the market rate is noticeable. Swedish banks also open currency accounts, including in euros: money arrives on them with no exchange and is exchanged into kronor for a specific payment.
From the European Union a euro transfer follows European rules in 1 business day and with a fee as within your own country, while a transfer from other countries goes through correspondent banks, and it is better for the sender to cover its fee in full.
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Deposit guarantee in Sweden: 1,150,000 kronor and temporarily up to 5 million
$120,000 (1,150,000 kronor) per depositor at one bank is protected by the Swedish deposit guarantee since 1 January 2026.
For large sums after life events there is temporary protection of up to $500,000 (5 million kronor): it covers money from a home sale and similar events for 12 months and is switched on at the depositor's request with a document on the event.
So money from selling a flat can be kept at one Swedish bank while a new home is being bought, instead of spreading it across several banks for the guarantee.
Buying a flat in Sweden: a 10% down payment since April 2026
90% of a home's price has been covered by a mortgage since 1 April 2026 under Act 2026:226, so you need to transfer a 10% down payment and the registration costs to Sweden.
When buying a freehold house or flat, stamp duty is 1.5% of the price plus $85 (825 kronor), while a share in a housing cooperative, the most common type of flat in Swedish cities, carries no stamp duty.
A Swedish bank checks the down payment money together with the mortgage application: where it comes from and how it got to Sweden. The transfer goes from your own account, and statements along the whole path of the money are gathered in advance. Prices by city are covered in buying a flat in Sweden, and papers for home sale proceeds in moving home sale proceeds abroad.
Saving up the down payment in another country? A manager will advise how to transfer it for the deal and which statements to prepare for the Swedish bank.
Gift and inheritance tax in Sweden
There is no such tax: Sweden abolished gift and inheritance tax in 2005, so money from family arrives in Sweden tax-free at any amount, and no gift return needs to be filed.
Income is taxed. A resident of Sweden pays tax on worldwide income, and renting out your own home is taxed at 30% after a deduction of $4,000 (40,000 kronor) a year and 20% of the rent. A transfer of your own money to Sweden is not treated as income.
The payment purpose states the goal: a gift from parents, a down payment for a flat, a transfer of own savings. Then the recipient's bank sees the purpose straight away and asks for explanations less often.
We will help you send money to Sweden
Mistakes cost more than fees: a large sum sent to an account without a personal number, home sale proceeds with no application for the temporary guarantee, a down payment with no statements along the path of the money, dollars sent to a krona account and exchanged at the bank's rate. We will help you avoid them: we choose a transfer path from your country, prepare source-of-funds documents for the bank and the mortgage and carry out the transfer through licensed partners by the deal date.
Details and cost are with a manager in the chat: the calculation depends on the amount, the country the money comes from and the purpose of the transfer.
How to send a large sum to Sweden: documents from $10,000
There is no limit on the amount of a transfer to Sweden, and the depth of the check grows with the amount. Checked on 8 October 2026:
| Amount | The Swedish bank's question | What to prepare |
|---|---|---|
| Up to $10,000 | the purpose of the payment and the link to the recipient | the details and a short explanation: a gift, rent, study |
| $10,000-100,000 | the source of the money, if the sum stands out from usual transactions | a 3-6 month statement, a salary certificate or a car sale contract |
| From $100,000 | the path of the money back to the source and the purpose: a home, a deposit, a business | a contract for the sale of a flat or a stake, inheritance documents, a tax return, statements for each account along the way |
How to prove the origin of money is explained in proof of source of funds and sending large sums abroad.
Sending $100,000 or more to Sweden for a home or a move? A manager will gather the documents for the Swedish bank and choose a transfer path; moving capital in full is on the capital relocation page.
Where money goes from Sweden: Spain, Portugal, the USA
From Sweden money most often leaves for a home by a warm sea and for children's studies:
- Spain - euros from the European Union in 10 seconds, an account by foreigner's number
- Portugal - an account before the move with a tax number
- The USA - an account on a passport, deposits insured up to $250,000
- The United Kingdom - pounds in 1-3 business days, deposits up to $160,000
Sending money to nearby countries
- Finland - a flat as shares in a housing company, 1.5% tax
- Estonia - gifts and inheritances tax-free, a 20-character account number
- Latvia - an account after a meeting at the bank, 1.5% to register a flat
- Lithuania - a gift from family tax-free, a flat through a notary
- Iceland - kronur and euros, a personal number in the account
- Norway - kroner and euros at the price of a domestic transfer
Ways to move capital for every country are on the capital relocation page.
FAQ
How many characters does a Swedish account number have?
How much on a Swedish account does the deposit guarantee protect?
Can money from a home sale be temporarily protected in Sweden?
Is there a tax in Sweden on a gift from relatives?
What is the mortgage down payment in Sweden in 2026?
Will a Swedish bank open an account without a personal identity number?
How much does it cost to register ownership of a flat in Sweden?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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