Sweden - Money
Currency & Money
Swedish Krona (SEK; symbol kr) = 100 öre. Notes are in denominations of kr1,000, 500, 200, 100, 50 and 20. Coins are in denominations of kr10, 5, 2 and 1.
American Express, Diners Club, MasterCard and Visa are all widely accepted, although it should be noted that most shops and restaurants require ID when paying with a credit card. ATMs are widely available and can be used with most international bank cards, although it’s worth bearing in mind that you may incur a small charge. Personal cheques are no longer used, while traveller's cheques can be cashed at most banks.
Traveller’s cheques are accepted at some banks. To avoid unfavourable exchange rate charges, visitors are advised to rely on credit or debit cards instead.
Banks are open Mon-Wed and Fri 9000-1500. On Thursdays, banking hours are slightly longer, running from 9000-1800. In larger cities such as Gothenburg, Malmo and Stockholm, some banks have longer opening hours and are open at weekends.
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.
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