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Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The table below shows Scotiabank Canadian dollar (CAD) Buy Cash exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Scotiabank Buy Cash Rate | Cost% |
|---|
| Send money internationally as a direct deposit to your family or friends using your mobile app or online banking |
$1.99*/transfer on select accounts |
| Each automatic pre-arranged transfer of funds between your Scotiabank personal Canadian Dollar deposit account (debit transaction fee applies) | Free |
| Each manually processed pre-arranged transfer of funds between your Scotiabank personal deposit accounts (debit transaction fee applies where applicable) | $1.50 |
| Each transfer by branch staff between your Scotiabank personal deposit account due to telephone/fax/mail request, or to cover cheques (debit transaction fee applies) | $4.50 (optional Advice $5.00) |
| Transferring a Scotiabank account balance to another financial institution | $20.00 |
| Incoming Wire Transfer fees | |
| Incoming Wire Transfer identified as a Pension Payment in the payment message | $1.50 per transfer* |
| All other Incoming Wire Transfers | $15.00 CAD/USD per transfer* |
* All fees are charged in the currency of the account.
The Scotiabank FX Fees we use are based on publicly available information available here.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For a 1-week mid-range stay in Sweden, a traveler should budget around 15,000–20,000 SEK (approximately 1,350–1,800 USD). This estimate covers comfortable accommodations and daily expenses. Here’s a breakdown of typical daily costs in Swedish Krona (SEK) to help you plan your getaway:
Overall, Sweden tends to be on the higher end of the spectrum, making it an expensive destination compared to both the United States and the UK. For context, dining out and public transport in Sweden generally costs 20–30% more than in the US and 10–15% more than in the UK, though travelers can still find value by seeking out local eateries and transport discounts.
For expats, typical monthly living costs in Sweden can vary widely, but most should expect to spend roughly 25,000–35,000 SEK (approximately 2,250–3,150 USD) when accounting for rent, groceries, utilities, and leisure activities. Renting a one-bedroom apartment in the city center averages around 13,000 SEK.
When it comes to banking and handling money, it’s advisable to use a local bank for day-to-day transactions, as larger establishments generally offer reasonable credit card acceptance, including mobile banking options like Swish. For sending and receiving money, digital services like Wise and OFX can provide better exchange rates and lower fees compared to traditional banks; thus, expats may find it more cost-effective to use these services for international transfers. While local currency exchange at banks or kiosks is feasible, utilizing online platforms is often a more economical option.
View a full list of exchange rates by selecting your Base (from) currency:
