Remittance Prices Worldwide

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Sending money from SWEDEN to INDIA

Data collected on: Feb 05, 2025 - Feb 25, 2025
SEK | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
The exchange rate margin is the cost resulting from the fact that the firm applies a rate that is different from the market reference rate. The margin is the percentage difference between the market reference rate and the exchange rate actually applied to the transaction.
Total cost (%)
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Total cost (SEK)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
Exchange rate margin(%)
0.80
Percentage difference between market reference rate 7.93 and exchange rate charged 7.87
Total cost (%)
0.80
Total cost (SEK)sort descending
13.60
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
Exchange rate margin(%)
0.80
Percentage difference between market reference rate 7.93 and exchange rate charged 7.87
Total cost (%)
0.80
Total cost (SEK)sort descending
13.60
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
20.00
Exchange rate margin(%)
1.12
Percentage difference between market reference rate 8.10 and exchange rate charged 8.01
Total cost (%)
2.30
Total cost (SEK)sort descending
39.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
20.00
Exchange rate margin(%)
1.12
Percentage difference between market reference rate 8.10 and exchange rate charged 8.01
Total cost (%)
2.30
Total cost (SEK)sort descending
39.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
20.00
Exchange rate margin(%)
1.12
Percentage difference between market reference rate 8.10 and exchange rate charged 8.01
Total cost (%)
2.30
Total cost (SEK)sort descending
39.10
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
20.00
Exchange rate margin(%)
1.12
Percentage difference between market reference rate 8.10 and exchange rate charged 8.01
Total cost (%)
2.30
Total cost (SEK)sort descending
39.10
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
1.79
Percentage difference between market reference rate 8.10 and exchange rate charged 7.96
Total cost (%)
2.32
Total cost (SEK)sort descending
39.44
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
1.79
Percentage difference between market reference rate 8.10 and exchange rate charged 7.96
Total cost (%)
2.32
Total cost (SEK)sort descending
39.44
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
9.00
Exchange rate margin(%)
1.79
Percentage difference between market reference rate 8.10 and exchange rate charged 7.96
Total cost (%)
2.32
Total cost (SEK)sort descending
39.44
Firm
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
50.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
Total cost (%)
2.94
Total cost (SEK)sort descending
49.98
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
29.90
Exchange rate margin(%)
1.20
Percentage difference between market reference rate 8.11 and exchange rate charged 8.01
Total cost (%)
2.96
Total cost (SEK)sort descending
50.32
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
29.90
Exchange rate margin(%)
1.20
Percentage difference between market reference rate 8.11 and exchange rate charged 8.01
Total cost (%)
2.96
Total cost (SEK)sort descending
50.32
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
29.90
Exchange rate margin(%)
1.20
Percentage difference between market reference rate 8.11 and exchange rate charged 8.01
Total cost (%)
2.96
Total cost (SEK)sort descending
50.32
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
29.90
Exchange rate margin(%)
1.20
Percentage difference between market reference rate 8.11 and exchange rate charged 8.01
Total cost (%)
2.96
Total cost (SEK)sort descending
50.32
Firm
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
50.00
Exchange rate margin(%)
0.08
Percentage difference between market reference rate 8.11 and exchange rate charged 8.11
Total cost (%)
3.02
Total cost (SEK)sort descending
51.34
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
50.00
Exchange rate margin(%)
2.38
Percentage difference between market reference rate 8.11 and exchange rate charged 7.92
Total cost (%)
5.32
Total cost (SEK)sort descending
90.44
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
101.00
Exchange rate margin(%)
1.04
Percentage difference between market reference rate 8.11 and exchange rate charged 8.03
Total cost (%)
6.98
Total cost (SEK)sort descending
118.66
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
40.00
Exchange rate margin(%)
5.32
Percentage difference between market reference rate 8.10 and exchange rate charged 7.67
Total cost (%)
7.67
Total cost (SEK)sort descending
130.39
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
40.00
Exchange rate margin(%)
5.32
Percentage difference between market reference rate 8.10 and exchange rate charged 7.67
Total cost (%)
7.67
Total cost (SEK)sort descending
130.39
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
30.00
Exchange rate margin(%)
6.53
Percentage difference between market reference rate 8.10 and exchange rate charged 7.57
Total cost (%)
8.29
Total cost (SEK)sort descending
140.93
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
30.00
Exchange rate margin(%)
6.53
Percentage difference between market reference rate 8.10 and exchange rate charged 7.57
Total cost (%)
8.29
Total cost (SEK)sort descending
140.93
Firm
Ria
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
Medium 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
85.00
Exchange rate margin(%)
3.36
Percentage difference between market reference rate 8.10 and exchange rate charged 7.83
Total cost (%)
8.36
Total cost (SEK)sort descending
142.12
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
76.00
Exchange rate margin(%)
6.89
Percentage difference between market reference rate 8.21 and exchange rate charged 7.64
Total cost (%)
11.36
Total cost (SEK)sort descending
193.12
Firm
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
300.00
Exchange rate margin(%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.00
Total cost (%)
17.65
Total cost (SEK)sort descending
300.05
Firm
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
300.00
Exchange rate margin(%)
0.08
Percentage difference between market reference rate 8.11 and exchange rate charged 8.11
Total cost (%)
17.73
Total cost (SEK)sort descending
301.41
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High 
Transfer speed
Receiving method
Agent
Disbursing network coverage
High 
Fee
535.00
Exchange rate margin(%)
2.29
Percentage difference between market reference rate 8.10 and exchange rate charged 7.92
Total cost (%)
33.76
Total cost (SEK)sort descending
573.92
Total Average First Quarter 2025
6.49
Total Average Fourth Quarter 2024
6.36
Total Average
Fee
73.60
Exchange Rate Margin (%)
2.16
Total Cost Percent (%)
6.49
Total Cost (SEK)
110.26
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