How to send money to Thailand from Sweden with the best SEK-THB rate

Comparing providers offering services between Sweden and Thailand based on your specific transfer amount, is the easiest way to get the best price on your transfer.

For SEK/THB

• We tested & reviewed 12 money transfer companies, and Wise came out as one of the easiest options. Sending 80,000 SEK to THB will cost you kr607.04 in fees, and your recipient will get 273,160.21 THB. The transfer time usually is same day, but it depends on the day you make the transfer.

• Taptap Send is the cheapest way to send money to Thailand from Sweden out of the 12 companies compared.

• Fastest money transfers to Thailand from Sweden is with Revolut.

We cover the entire SEK-THB market and have compared 12 providers offering services between Sweden and Thailand.

This ensures you will get the most comprehensive options for sending Swedish Krona to Thailand.

The exchange rate determines the price you will pay when buying Baht in Sweden. A better exchange rate means more Swedish Kronas being sent to Thailand.

The current rate between the Swedish Krona and Baht is 3.416. The SEK-THB exchange rate is always changing.

The total cost of sending money to Thailand from Sweden is made up of a combination of mid-market, exchange rates and fees.

• The Mid-Market and Exchange Rates: The current mid-market for SEK-THB is 3.416 THB per Swedish Krona.

• Fees: When sending money you may have to pay fees. Taptap Send costs 0 SEK per transfer at the moment, which is the cheapest option of the 12 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.

• Amount Received: When comparing providers, the best measure is the amount of Baht eventually received in Thailand.

Understanding the average, and then waiting a day or two can help you get more THB for the same amount of Swedish Kronas - but you might end up worse off.

A safer option if you want to get a particular rate is to use a forward contract. This allows you to lock in an agreed exchange rate between Sweden and Thailand.

Sending via a bank transfer is the payment method that will get you the best price on a transfer from Sweden to Thailand.

Here are your options:

Bank transfers

Bank transfers are often the best and easier way to send money from Sweden to Thailand.

By using a money transfer company such as Key Currency for transfers from Sweden to Thailand, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


Debit and prepaid cards

Sending money from Sweden to Thailand with a debit or a prepaid card is easy with Wise.


Wise is a leading money transfer company for debit card payments, and offers transfers from Sweden to Thailand.

Credit cards

We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.

However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.

and have different financial regulations to be aware of. Ensuring you fully understand these regulations will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for money transfers between Sweden and Thailand

Companies offering money transfers between Sweden and Thailand will have minimum or maximum thresholds on how much you can send or receive across set timeframes.

Exchange rates and fees for different transfer amounts could change and sending regularly could mean losing out.

That’s why it’s best to compare SEK-THB rates for your specific transfer amount.

For regular transfers to Thailand to Sweden, shopping around each time can make a huge difference.

For sending large amounts of SEK to Thailand without hitting a threshold, we’d recommended Wise. They offer a combination of rates and fees when sending from Sweden to Thailand that is the most competitive, even at larger amounts.

Be sure to check with the recipient and understand any declarations needed on large amounts of money entering Thailand from Sweden.

Options for receiving Baht in Thailand include direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all of the 12 providers offering transfers from Sweden to Thailand will support every method for incoming Baht, so it’s best to check ahead of time.

The most common option is to send directly from Sweden to a bank account in Thailand. For most part, this is convenient but does have receiving fees to potentially be aware of.

Wise is the best company for bank transfers between Sweden and Thailand.

Cash pickup is popular in some parts of Thailand, but not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Revolut.

When sending Bahts to Thailand, through a money transfer company, you will need to verify your ID when signing up.

The documents you need can vary and in some cases you might need a couple of options.

Generally, government issued ID such as a passport or driver's license are accepted in Sweden. If the recipient needs an ID to collect money in Thailand, the same applies there. You may also be able use other ID formats, where these aren’t available.

Large transactions between Sweden and Thailand can be subject to additional checks such as proof of funds for anti-money laundering purposes. This may also require additional ID checks.

One of the reasons Wise as scored so highly for transfers to Thailand is their easy sign up process in Sweden.

As well as proof of funds, when sending large amounts of money between Sweden and Thailand there will be tax declarations to consider. This is also potentially due to regular transactions.

Some transfers into Baht may need to be reported to tax authorities in Thailand and Sweden, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances do change in Thailand based on age, income and a few other elements. Everyone’s tax obligations are unique - when in doubt, please contact a tax professional in Sweden or Thailand.