Companies for transfers from Sweden to India
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Card-to-card transfers can be received in just two minutes."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
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In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Our recommendation: Wise
We tested & reviewed 18 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.
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How to compare deals on Sweden to India money transfers
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 18 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: Western Union
Data collected over the past six months shows that Western Union 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 -0.68% different to the mid-market rate.
If you want to secure the best rates on transfers from Sweden to India, Western Union will result in the most Indian Rupee received.
*The most common fee applied to SEK-INR by Western Union, based on data from the past six months.
Fastest company to send money to India from Sweden: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from Sweden to Indian Rupee 31.3% of the time.
Sending money through Ria Money Transfer to India from Sweden has an average fee of 4 SEK.
To understand who was the fastest, we tested Ria Money Transfer as part of 18 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, Ria Money Transfer is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 18 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.
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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 8.1373 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 7.9635 INR. Within this there has been a high of 8.197, and a low of 7.745.
From 18 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 18 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 7.9635.
During this period, the highest value level was 8.197, with a low of 7.745.
Wise, which is our recommended service to send money online from Sweden to India offers an exchange rate that is only 0.01% 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
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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