Swedish krona (SEK) exchange from Visa/MasterCard
The Swedish krona (SEK) is one of the most popular ways of exchanging intermediate currency and payment for goods and services globally. The currencies in Norway and Denmark are also called crowns, but they should not be confused; they are all separate currency units with their exchange rate and application.
Sweden is known as one of the most "cashless" countries on the planet. Several banking branches in the country have stopped processing cash; many shops, museums and restaurants now only accept cards or mobile payments.
About SEK currency
Officially, each krone is subdivided into smaller coins — 100 öre; however, öre is no longer used in circulation; they are rounded to the nearest whole krone.
Physical money:
- Coins — 1, 5 or 10 crowns.
- Banknotes — 20, 50, 100, 200 or 500 kroons.
These are the most common options. Others are rarely used, such as 1000 crowns.
In Sweden, only this currency is accepted outside tourist areas, not the euro or other national currencies. To spend euros, you must first exchange them for SEK.
Banks in Sweden for issuing Visa/MasterCard SEK
Sweden has a somewhat developed banking system covering other Scandinavian and Baltic countries. Several foreign banks work with Swedish ones to offer services at reduced prices, for example, cash withdrawals without commission, etc.
The most famous and largest Swedish banks:
- Nordea Bank;
- SEB;
- Swedbank;
- Handelsbanken.
Among the global banks working with Sweden are Santander, Barclays, BNP Paribas, and Danske.
Issuance of Visa/MasterCard SEK in Sweden
To get a bank debit card in Swedish currency, you must have an account with a bank in this country. This is quite problematic for residents of other countries. It is necessary to prove to the employee that there is a real need to open an account in Sweden; for example, it is planned to move and work in the country, study, etc.
But even if the release procedure was approved, there are not many proposals. Standard set:
- Electron;
- Classic;
- Gold.
It is offered by the largest banks and cashback cards in supermarkets. Issuing a virtual card to pay for goods and services on the Internet is also convenient.
Please note that to pay or withdraw cash with a card, you must have a card with a chip and a PIN. Older magnetic stripe cards will not work.
Exchange Visa/MasterCard SEK online
The exchangers collected on our website allow you to profitably exchange Swedish krona for other currencies/cryptocurrencies and vice versa.
Services offer many payment directions and convenient and fast exchange functionality. Commissions in exchangers are usually already included in the course. Additional bonuses are often offered — an affiliate program or cumulative discounts.
