4 ms·
How do I, as a resident in Sweden, open an account that can receive a payment in Euros, then spend those euros without having to convert them to Swedish crowns
by rjst01 8y ago
How do I, as a resident in Sweden, open an account that can receive a payment in Euros, then spend those euros without having to convert them to Swedish crowns and back, and pay conversion fees each way?
Revolut does this. It also works out 2-3% cheaper for converting SEK to Euros than either SEB or Nordea.
Unfortunately, as it's UK based, it's not at all clear if Revolut will continue to exist in its current form after brexit.
- thesimon 8y ago>Unfortunately, as it's UK based, it's not at all clear if Revolut will continue to exist in its current form after brexit. They recently applied for a banking license in Belgium.
- rjst01 8y agoAh, I was not aware. Hopefully they're successful and it just keeps working seamlessly.
- swift532 8y agoIt's probably the same in Sweden, in Croatia you can have a foreign currency account that holds, well, foreign currencies. They can hold multiple kinds of foreign currency. As long as the payment receiver is receiving a currency you already posesss, nothing gets converted.
- rjst01 8y agoI haven't found anything like this offered by a Swedish bank and available to individuals.