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I'm brazilian and I'll be living abroad at Sweden for two years, starting in August. I need to exchange a reasonable amount of Reais (R$, brazilian currency) to Swedish Kronas.

The options I see so far are:

  • Exchange R$ for swedish kronas at a currency exchange house and take the money with me (unsafe)

  • Visa Travel Money: Exchange R$ for dollars and put them in a Visa Travel Money. When I arrive at sweden, I exchange them to Swedish Kronas

Are there any other options? What is the best (cost-efficient, safe) way of buying Swedish Kronas while still in Brazil?

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    Wire the money to a (reputable!) online currency broker, and deposit it in a Swedish bank account which you open on arrival?
    – Gagravarr
    Commented Mar 26, 2015 at 22:34

1 Answer 1

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To get enough money to cover your immediate needs, see When traveling to a country with a different currency, how should you take your money?. TL;DR: Get a debit card with low fees, withdraw from ATM.

For larger amounts, open a local Swedish bank account, then use an online currency broker: you transfer R$ to their Brazilian account, they convert the money and deposit into your Swedish account. The fees on this will be much lower than going through a bank or anything involving cash.

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  • Can I open a Swedish bank account from Brazil?
    – JLagana
    Commented Mar 31, 2015 at 14:19
  • If the answer is too long, tell me and I'll post another question
    – JLagana
    Commented Mar 31, 2015 at 14:25
  • You don't need to, all you need is a Brazilian bank that lets you do local transfers online. Commented Mar 31, 2015 at 20:28
  • And where will I transfer the money to?
    – JLagana
    Commented Mar 31, 2015 at 21:32
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    Opening local bank accounts is an expat issue, not a tourist issue. Commented Apr 2, 2015 at 0:31

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