How to send money to Sweden from India with the best INR-SEK rate
Compare the best ways to send money from India to Sweden. Find the cheapest, fastest, and most reliable providers with the best INR to SEK exchange rates.
Explore the best deals, read expert information, and discover all you need to send money to Sweden from India.
Transferring the other way? Send SEK from Sweden to India instead.
"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."
"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."
"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."
"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."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"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."
"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."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Sweden, and Wise scored highly.
Sending 22,100 INR to Swedish Kronas will cost you ₹666.94 in fees, and you will receive 2,200.98 SEK. The delivery time is next day.
So for a great mix of cost, speed & features, make your India to Sweden transfer using Wise.
How to get the best deal on sending money from India to Sweden
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Sweden.
Choose a provider
Select the provider that offers you the best value on buying SEK & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations to make when sending money from India to Sweden
Comparing the different providers offering services between India and Sweden, is the best way to send money with confidence.
The 5 providers we've compared ensures you will get the best options for your transfer to Sweden from India. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Indian Rupee to Sweden.
The fastest way to send money to Sweden from India is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many INR/SEK transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Sweden from India is via PayPal P2P Transfer
The coverage of INR/SEK transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a INR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Send large sums of money abroad with Currencies Direct
From the 5 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Sweden from India.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Swedish Kronas to Swedish Krona.
As such, we recommend Currencies Direct for large Sweden transfers.
Understanding the cost of transferring money to Sweden from India
Fees and exchange rates make up the total cost of sending money from Sweden to Sweden. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-SEK mid-market rate is 0.1025 SEK per Indian Rupee. You will get more Swedish Krona for your Indian Rupees if you find a provider close to this number.
For context, over the last 7 days the INR-SEK mid-market rate has had a high of 0.1047, a low of 0.1027 and averaged 0.1042 SEK per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to SEK will be the biggest determining factor when working out the cost of transferring Indian Rupees to Sweden.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer charges the lowest fee of 4 INR at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Swedish Krona eventually received in Sweden. You can assume that a lower cost of sending from India will result in more money received in Sweden.
How to find the best exchange rate for Indian Rupee to Swedish Krona
Timing is essential for sending money between INR and SEK. The exchange rate you secure impacts how much SEK you get for your INR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from INR to SEK has seen some fluctuation. On average, it stood at 0.1042.
During this period, the highest value recorded was 0.1047, while the lowest was 0.1027.
Wise, which is our recommended service to send money online from India to Sweden offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best INR-Swedish Krona exchange rates?
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Payment methods available to fund your India to Sweden transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Sweden.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Sweden allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Sweden.
With a fee of INR4 to send money from India to Sweden, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Sweden with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Sweden, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Sweden, we to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Sweden and India.
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 India to Sweden.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to SEK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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