🇸🇪→🇦🇺
Send Money from Sweden to Australia
Swedish manufacturers and exporters paying Australia suppliers. Send SEK from Sweden, receive AUD in Australia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local AUD delivery = no correspondent bank fees
Save £2,030 per £100k Payment
Sweden to Australia corridor savings
Traditional Bank
£2,535
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local SEK collection
- ✓ Transparent 0.5% spread
- ✓ NPP (New Payments Platform)
Your Savings
80%
£2,030 per £100k
At £300k-£3M monthly, save £5,080/year
Sending from Sweden: What You Need to Know
SEK Origin Specifics
- Sweden uses SEK currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Australia: Compliance & Requirements
Regulatory Considerations
- APRA (Australian Prudential Regulation Authority) oversight
- GST (10%) applicable to most goods/services
- ABN (Australian Business Number) required for all suppliers
- AUSTRAC AML/CTF compliance
Payment Best Practices
- Australia = Mining and agriculture powerhouse, commodity exporter
- NPP enables instant AUD payments without international wire fees
- Strong trade relationship with Asia-Pacific region
- Time zone considerations: AEST is 9-11 hours ahead of UK
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via NPP (New Payments Platform)
Sweden → Australia Corridor Insights
Popular Industries
- Mining
- Agriculture
- Education
Peak Trading Hours
22:00-06:00 GMT (Australia business hours)
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send SEK from Sweden to Australia?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local SEK collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB