Send money from Sweden to Romania (SEK → RON)

For most transfers, Revolut is hard to beat — Revolut-to-Revolut is instant and free, and Romania is one of Revolut's largest markets (millions of Romanian users). For non-Revolut recipients, Wise and TransferGo are the most cost-effective: Wise charges roughly 0.6–1.0% on SEK→RON with the real mid-market rate; TransferGo offers Now (instant) and Tomorrow (cheaper) speed tiers. Paysend's flat SEK 19 fee is ideal for small amounts under SEK 2,000. Swedish banks (Swedbank, SEB, Nordea) add 3–5% on the rate plus SEK 150–200 in fees — a specialist typically delivers RON 100–200 more on a SEK 5,000 transfer. Always check total RON received, not just the fee.

Yes. Many Romanian bank accounts can hold EUR as well as RON — BCR, BRD, Banca Transilvania, ING Bank Romania, and Raiffeisen all support multi-currency accounts. Wise and Revolut let you send EUR directly via SEPA Instant, with funds arriving in seconds during business hours. Your recipient then converts EUR to RON locally if needed — this can sometimes yield a better rate than letting the provider do the conversion upfront. For recipients who primarily hold RON accounts, direct SEK→RON via Wise or TransferGo is simpler and usually cheaper overall because you avoid a second conversion.

Revolut-to-Revolut is instant. TransferGo Now delivers in under 30 minutes. Wise typically delivers to Romanian bank accounts within hours for SEPA-routed transfers — in some cases under 60 minutes. Paysend delivers within 1–2 business days. Standard SEPA transfers during Romanian business hours (Monday–Friday) settle within hours. Traditional SWIFT wires from Swedish banks (Swedbank, SEB, Nordea) take 2–4 business days and are the slowest option. Funding with Swish (where accepted) or SEPA Instant makes the sender leg near-instant — the entire transfer completes in under an hour on a specialist provider.

Yes, if both sender and recipient are Revolut users — transfers are instant, free, and happen entirely within the Revolut app. Romania is one of Revolut's top three European markets by user count, so the recipient likely already has an account or will be happy to open one (opening is free, takes minutes, and works with a Romanian phone number and ID). For non-Revolut recipients, Revolut sends to external bank accounts via SEPA — included free on some plans, with small fees on the basic plan after the monthly allowance. Weekend transfers may incur a small markup. For occasional transfers, Wise or TransferGo may be cheaper; for regular transfers where your recipient uses Revolut, the in-app route is hard to beat.

No. Romania does not tax incoming personal remittances — sending money to family is not a taxable event on either side. For large transfers (EUR 15,000+ in a single transaction or roughly RON 75,000), Romanian banks must file an AML report under EU 5th AMLD rules — this is a reporting requirement and does not delay or affect legitimate transfers. Recipients don't need to declare family support remittances as income. For business-related transfers or property transactions, standard Romanian tax rules apply — consult an accountant for non-personal transfers.

The Romanian leu (RON) is Romania's national currency — Romania is an EU member but has not yet adopted the euro, unlike Slovenia, Slovakia, Estonia, Latvia, or Lithuania. Romania's target euro adoption date has been repeatedly postponed; as of 2026 there is no firm timeline. The leu is managed by Banca Națională a României (BNR) with a managed float against EUR — in practice the rate stays within a narrow band. This means RON is significantly more stable than most non-euro EU currencies. For Swedish senders, SEK→RON moves largely reflect SEK-EUR dynamics rather than RON-specific volatility.