Is Revolut available in Sweden?

Yes. Revolut is fully available in Sweden and widely used by expats. You can open an account with a Swedish or foreign address. Revolut is regulated by the Bank of Lithuania (for EU operations).

Can I use Revolut as my main bank account in Sweden?

Revolut can receive salary transfers if your employer sends to an IBAN. However, some Swedish employers require a Swedish bank account. Revolut cannot connect to Swish, which is essential for many Swedish payments.

What are Revolut's exchange limits in Sweden?

The free plan allows currency exchange up to 30,000 SEK/month at the mid-market rate with no fee. Above this, a 1% fee applies. Premium plan (89 SEK/month) removes the limit. Metal plan (229 SEK/month) adds cashback and higher ATM limits.

Does Revolut charge fees for ATM withdrawals in Sweden?

Free plan: 2 free ATM withdrawals per month up to 2,000 SEK, then 2% fee. Premium: 4,000 SEK free per month. Metal: 8,000 SEK free per month. All Swedish ATMs accept Revolut's Mastercard.

Can Revolut connect to Swish?

No. Swish requires a Swedish bank account and Swedish phone number registered with your bank. Revolut cannot participate in Swish. You need a Swedish bank account for Swish access.

How does Revolut compare to Wise for transfers from Sweden?

For small regular transfers, Revolut's free plan is competitive (no fee under 30,000 SEK/month). For large one-off transfers, Wise is often cheaper and more transparent about fees. Revolut is better for day-to-day multi-currency spending.

Is my money safe with Revolut in Sweden?

Revolut holds deposits in segregated accounts at top-tier banks. In Sweden, Revolut is not a deposit-taking bank under Swedish law, so deposits are not covered by the Swedish Deposit Guarantee Scheme (Insättningsgarantin). Your funds are safeguarded but not guaranteed in the same way as a traditional bank.

Revolut in Sweden: Expat Guide 2026

How Revolut works in Sweden — account setup, plans, exchange limits, Swish alternative, and how it compares to Wise and Swedish banks for daily banking.

Revolut in Sweden: What Expats Need to Know

Revolut is the most popular multi-currency app among expats in Sweden for good reason — it is fast to set up, useful for travel and daily spending, and cheaper than most banks for currency exchange. This guide covers how to use it effectively in Sweden.

Getting Started with Revolut in Sweden

Step 1: Download the app Available on iOS and Android. Sign up at revolut.com or directly in the app.

Step 2: Choose your plan

Standard (free): Core features, 30,000 SEK/month fee-free exchange, 2 free ATM withdrawals/month
Plus (45 SEK/month): Priority customer support, purchase protection
Premium (89 SEK/month): Unlimited fee-free exchange, overseas medical insurance, 4,000 SEK/month free ATM withdrawals
Metal (229 SEK/month): Cashback on card spending, highest ATM limits, airport lounge access (via Lounge Key)

For most expats using Revolut primarily for international transfers and travel spending, the free plan is sufficient unless you transfer over 30,000 SEK/month.

Step 3: Verify your identity Submit a passport or EU ID. Verification is typically instant or within a few hours.

Step 4: Add SEK to your account Bank transfer from your Swedish account (using the IBAN Revolut provides), or fund by debit/credit card (small fee for cards).

Step 5: Order your Revolut card Free physical card delivered to your Swedish address within 3–5 business days. Instant virtual card available immediately for online shopping.

Daily Banking with Revolut in Sweden

Spending in Sweden: Your Revolut card works everywhere that accepts Mastercard or Visa. Spending in SEK from your SEK balance has no fee.

Spending abroad: Revolut converts at the mid-market rate (free on Standard up to limit). This makes it one of the cheapest cards for spending in other European currencies.

Online shopping: The virtual card number is useful for one-time online purchases or where you want to keep your main card number protected.

P2P payments: Revolut users can send money to each other instantly for free, regardless of country. Useful for splitting bills with other expat friends in Sweden who also have Revolut.

What Revolut Cannot Do in Sweden

Swish: Swish is a closed network operated by Swedish banks (BankAxept). It requires a Swedish account number linked to your Swedish phone. No fintech — Revolut, Wise, N26 — can access Swish. If Swish is important for paying landlords, buying second-hand goods, or splitting bills with Swedish colleagues, you need a Swedish bank account.

Swedish payroll in some cases: Some Swedish employers and HR systems only accept Swedish domestic bank accounts (clearing number + account number format, not IBAN) for salary payments. Check with your employer before relying on Revolut for your salary.

Direct debits (autogiro): Swedish autogiro (direct debit) for utilities, insurance, etc. requires a Swedish bank account. Revolut does not support Swedish autogiro.

Revolut vs Wise: Which Is Better for Sweden Expats?

Use case	Best option
Monthly remittance transfer (large amount)	Wise
Day-to-day multi-currency spending	Revolut
Holding multiple currencies	Both are good
Salary receipt	Revolut (if employer accepts IBAN)
Swish payments	Neither — need Swedish bank
International card use while travelling	Revolut

The recommendation for most expats: open both. Wise for transfers over 5,000 SEK, Revolut for spending and smaller FX needs. Both together cost nothing if you use the free plans.

Customer Support in Sweden

Revolut's customer support is app-based chat. There is no Swedish phone number. Response times on the free plan are slower (typically a few hours). Premium and Metal subscribers get priority support. For urgent card issues (lost or stolen), all plans have immediate card freezing via the app.