Withdrawing
Swedish Krona (SEK).

How SEK withdrawing actually works

ATM withdrawals from a SEK balance at an EU neobank wallet incur three potential fees: the network fee (the ATM operator), the FX conversion (if the wallet is EUR-base), and any neobank-tier-specific withdrawal cap. Revolut Standard allows €200/month free ATM withdrawals; above that, 2% fee. Bunq Free has similar caps. Wise issues a multi-currency debit card that withdraws in SEK directly from the SEK balance — no FX conversion, just the network fee. For larger SEK cash needs, transferring to a local SEK bank account in Sweden and withdrawing there is typically cheaper than direct ATM access.

Watchouts and hidden costs

ATM operators in Sweden may impose an additional surcharge separate from your neobank's fee — read the on-screen disclosure before confirming. For Revolut Standard, weekend ATM withdrawals trigger the 1% FX markup on the conversion leg. For cross-border ATM access, prefer Wise's multi-currency debit card (no FX layer if you hold the SEK balance).

How much can I withdraw SEK from an EU neobank ATM?

Daily limits depend on the neobank tier (typically €600–€2,000/day) and the ATM operator's limit (typically kr200–kr1,000 per transaction). Revolut Standard allows €200/month free ATM withdrawals across all currencies; above that, a 2% fee applies. Bunq and Wise have similar tier-specific limits.

Is there an FX fee on ATM withdrawals of SEK?

If the underlying balance is EUR and the ATM dispenses SEK, an FX conversion happens at the neobank's rate — typically mid-market on Wise, or with a 0.5–1% spread on Revolut/Bunq. If you hold SEK balance in a multi-currency wallet and withdraw SEK from the SEK balance, there's no FX layer.

Can I withdraw SEK from any ATM in Sweden?

Most SEK ATMs in Sweden accept EU-issued debit cards on the Visa or Mastercard network. ATM operator surcharges vary — typically kr2–kr5 per transaction. Always check the on-screen fee disclosure before confirming. Wise and Revolut cards work in nearly all Sweden ATMs.