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Our recommendation: Wise
We tested & reviewed 17 money transfer providers offering money transfers from Sweden to India, and Wise scored highly.
In total, Wise appeared in 100% of Sweden to India searches, and was the top rated company supporting transfers between SEK and INR.
For a great mix of cost, speed & features, we recommend making your Sweden to India transfer using Wise.
How to compare deals on Sweden to India money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Sweden to India.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from Sweden. Your funds will be converted to Indian Rupee and transferred to India.
Summary of recent searches
What to consider ahead of money transfers from Sweden to India
Comparing based on your specific needs is the best way to send money from Sweden to India with confidence.
Our analysis, and search results, include 17 providers that operate between Sweden and India. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in Sweden when you need to send money to India.
Cheapest way to transfer money from Sweden to India: Revolut
Data collected over the past six months shows that Revolut is 0.8% cheaper than the second-best option.
This includes an average transfer fee of 0* SEK an exchange rate for buying Indian Rupee with Swedish Kronas that is 0.02% different to the mid-market rate.
If you want to secure the best rates on transfers from Sweden to India, Revolut will result in the most Indian Rupee received.
*The most common fee applied to SEK-INR by Revolut, based on data from the past six months.
Fastest company to send money to India from Sweden: Wise.
Through our data, Wise was the quickest way to send money from Sweden to Indian Rupee 38.1% of the time.
Sending money through Wise to India from Sweden has an average fee of 58.42 SEK.
To understand who was the fastest, we tested Wise as part of 17 money transfer providers. Within this, we looked at the overall speed of sending money from Sweden to India. This was made up of transfer times to India after Swedish Kronas were added to a money transfer account.
When fast money transfers between Sweden and India are a priority, Wise is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 17 providers compared.
While Wise may not always be the cheapest or fastest way to send SEK from Sweden to India, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when moving money from Sweden to India
The total cost of sending money to India from Sweden is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for SEK-INR is 7.7321 INR per Swedish Krona.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Swedish Kronas.
The SEK-INR mid-market rate over the last three months has seen the Swedish Krona worth an average 8.0404 INR. Within this there has been a high of 8.197, and a low of 7.7476.
From 17 companies compared, Profee offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting SEK to INR.
Fees: When sending money there may be additional fees. Profee offers the lowest fee of the 17 providers tested, averaging 0 SEK per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Sweden.
Getting the best exchange rate for Swedish Krona to Indian Rupee
Tracking the mid-market rate can make a huge difference when sending money SEK to INR. The exchange rate you secure impacts how much INR you get for your SEK.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from SEK to INR has seen some fluctuation. On average, it has been 8.0404.
During this period, the highest value level was 8.197, with a low of 7.7476.
Wise, which is our recommended service to send money online from Sweden to India offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best SEK-Indian Rupee exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Sweden to India!
Paying for your Sweden to India transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Sweden to India.
By using a money transfer company such as Revolut for transfers from Sweden to India, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Revolut is the cheapest provider for bank transfers from the 17 we tested when sending SEK to India.
With an average fee of 0 SEK to send money from Sweden to India, Revolut offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Sweden to India with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Sweden to India.
Credit cards
For credit card transfers from Sweden to India, Instarem is our top choice of the 17 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India and Sweden.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Sweden to India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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