Scam in SwedenChanging money
Poor exchange rates when paying in euros in Sweden
How it works
Some shops accept euros but typically use an unfavourable exchange rate. You may pay more than expected. This is a pricing risk rather than proof of fraud.
Warning signs
- A shop offers to accept euros instead of Swedish kronor.
- You cannot see or understand the exchange rate before paying.
How to avoid it
- Ask for the price in Swedish kronor.
- Check the exchange rate before agreeing to pay in euros.
- Use a payment card where accepted, after checking the amount and currency.
If it happens to you
Keep the receipt and ask the shop to explain the rate used. If the amount differs from what you agreed, raise the issue with the shop and your card issuer if relevant.
- Move to a safe place. Avoid chasing a thief or arguing with someone who feels threatening.
- Freeze missing payment cards immediately. Contact your card issuer about any unauthorised charges.
- Save receipts, booking details, screenshots and any agreed price. Write down the time, location and vehicle details if relevant.
- Report theft or suspected fraud to police. Ask for a report reference or copy.
- Contact the business, taxi company or rental company involved. Explain what happened and keep a record of the reply.
- Contact your insurer if you have cover. If your passport is missing, contact your embassy or consulate for replacement guidance.
Questions
What is the poor exchange rates when paying in euros scam in Sweden?
Some shops accept euros but typically use an unfavourable exchange rate. You may pay more than expected. This is a pricing risk rather than proof of fraud.
How can I spot it early?
A shop offers to accept euros instead of Swedish kronor. You cannot see or understand the exchange rate before paying.
How do I avoid poor exchange rates when paying in euros in Sweden?
Ask for the price in Swedish kronor. Check the exchange rate before agreeing to pay in euros. Use a payment card where accepted, after checking the amount and currency.
What should I do if it happens to me?
Keep the receipt and ask the shop to explain the rate used. If the amount differs from what you agreed, raise the issue with the shop and your card issuer if relevant.
Where in Sweden does this happen?
Larger shops in Stockholm and at larger airports and railway stations that accept euros. It has been reported in Stockholm.
How common is this scam in Sweden?
Occasional. Sweden is generally safe for travellers, and tourist scams are not described as widespread. The main concerns are pickpocketing, bicycle theft, expensive taxi fares and poor exchange rates when paying in euros.
Who can I report it to?
Police: report theft, suspected fraud or danger. Give the location, time, missing items and any evidence. Ask for a report reference. Card issuer: use your banking app or the issuer's official contact details to freeze a card and report unauthorised payments. Taxi company: contact the company using your booking details or receipt. Provide the vehicle registration, agreed price and amount charged. Shop or other business: show the receipt and explain the difference between the agreed price and the amount charged. Keep written replies. Bicycle rental company: report a stolen rental bicycle promptly. Share the police report reference and rental details. Embassy or consulate: use its official contact details if your passport is stolen or you need help replacing travel documents. Travel insurer: follow the claims process and keep receipts, police paperwork and records of your losses.
Reviewed by @snuck