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Transfer money

Sending money from SWEDEN to INDIA

Data collected on: May 12, 2020
SEK | USD
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (SEK)sort descendingTotal cost (USD)sort descending
Firm
Xendpay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.17
Percentage difference between market reference rate 7.69 and exchange rate charged 7.670.17
Total cost (%)
0.170.17
Total cost (SEK)sort descendingTotal cost (USD)sort descending
2.890.34
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.44
Percentage difference between market reference rate 7.69 and exchange rate charged 7.650.44
Total cost (%)
0.440.44
Total cost (SEK)sort descendingTotal cost (USD)sort descending
7.480.88
Firm
ICICI Bank Money2India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 7.69 and exchange rate charged 7.650.49
Total cost (%)
0.490.49
Total cost (SEK)sort descendingTotal cost (USD)sort descending
8.330.98
Firm
Kotak Click2Remit
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.64
Percentage difference between market reference rate 7.69 and exchange rate charged 7.561.64
Total cost (%)
1.641.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
27.883.28
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
29.903.52
Exchange rate margin (%)
-0.03
Percentage difference between market reference rate 7.69 and exchange rate charged 7.69-0.03
Total cost (%)
1.731.73
Total cost (SEK)sort descendingTotal cost (USD)sort descending
29.413.46
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.74
Percentage difference between market reference rate 7.69 and exchange rate charged 7.482.74
Total cost (%)
2.742.74
Total cost (SEK)sort descendingTotal cost (USD)sort descending
46.585.48
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
49.005.76
Exchange rate margin (%)
1.33
Percentage difference between market reference rate 7.69 and exchange rate charged 7.591.33
Total cost (%)
4.214.21
Total cost (SEK)sort descendingTotal cost (USD)sort descending
71.578.42
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
39.004.59
Exchange rate margin (%)
2.07
Percentage difference between market reference rate 7.69 and exchange rate charged 7.532.07
Total cost (%)
4.364.36
Total cost (SEK)sort descendingTotal cost (USD)sort descending
74.128.72
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
50.005.88
Exchange rate margin (%)
2.48
Percentage difference between market reference rate 7.69 and exchange rate charged 7.502.48
Total cost (%)
5.425.42
Total cost (SEK)sort descendingTotal cost (USD)sort descending
92.1410.84
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
50.005.88
Exchange rate margin (%)
2.80
Percentage difference between market reference rate 7.69 and exchange rate charged 7.472.80
Total cost (%)
5.755.75
Total cost (SEK)sort descendingTotal cost (USD)sort descending
97.7511.50
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
20.002.35
Exchange rate margin (%)
4.71
Percentage difference between market reference rate 7.69 and exchange rate charged 7.334.71
Total cost (%)
5.895.89
Total cost (SEK)sort descendingTotal cost (USD)sort descending
100.1311.78
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
22.002.59
Exchange rate margin (%)
5.11
Percentage difference between market reference rate 7.69 and exchange rate charged 7.305.11
Total cost (%)
6.406.40
Total cost (SEK)sort descendingTotal cost (USD)sort descending
108.8012.80
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
85.0010.00
Exchange rate margin (%)
5.31
Percentage difference between market reference rate 7.69 and exchange rate charged 7.285.31
Total cost (%)
10.3110.31
Total cost (SEK)sort descendingTotal cost (USD)sort descending
175.2720.62
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
22.002.59
Exchange rate margin (%)
9.30
Percentage difference between market reference rate 7.69 and exchange rate charged 6.979.30
Total cost (%)
10.6010.60
Total cost (SEK)sort descendingTotal cost (USD)sort descending
180.2021.20
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
150.0017.65
Exchange rate margin (%)
2.48
Percentage difference between market reference rate 7.69 and exchange rate charged 7.502.48
Total cost (%)
11.3111.31
Total cost (SEK)sort descendingTotal cost (USD)sort descending
192.2722.62
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
190.0022.35
Exchange rate margin (%)
10.22
Percentage difference between market reference rate 7.69 and exchange rate charged 6.9010.22
Total cost (%)
21.4021.40
Total cost (SEK)sort descendingTotal cost (USD)sort descending
363.8042.80
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
50.005.88
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
2.942.94
Total cost (SEK)sort descendingTotal cost (USD)sort descending
49.985.88
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
300.0035.29
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
17.6517.65
Total cost (SEK)sort descendingTotal cost (USD)sort descending
300.0535.30
Total Average Second Quarter
6.306.30
Total Average First Quarter
6.966.96
Total Average
Fee
58.726.91
Exchange Rate Margin (%)
2.852.85
Total Cost Percent (%)
6.306.30
Total Cost (SEK) Total Cost (USD)
107.1512.61
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash
Firm
Payment instrument
Access point
Sending network coverage
Transfer speed
Receiving method
Disbursing network coverage
Fee
Exchange rate margin (%)
Total cost (%)
Total cost (SEK)sort descendingTotal cost (USD)sort descending
Firm
Xendpay
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.17
Percentage difference between market reference rate 7.69 and exchange rate charged 7.670.17
Total cost (%)
0.170.17
Total cost (SEK)sort descendingTotal cost (USD)sort descending
7.310.85
Firm
Skrill
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.44
Percentage difference between market reference rate 7.69 and exchange rate charged 7.650.44
Total cost (%)
0.440.44
Total cost (SEK)sort descendingTotal cost (USD)sort descending
18.922.20
Firm
ICICI Bank Money2India
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
0.49
Percentage difference between market reference rate 7.69 and exchange rate charged 7.650.49
Total cost (%)
0.490.49
Total cost (SEK)sort descendingTotal cost (USD)sort descending
21.072.45
Firm
Remitly
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
29.903.48
Exchange rate margin (%)
-0.03
Percentage difference between market reference rate 7.69 and exchange rate charged 7.69-0.03
Total cost (%)
0.660.66
Total cost (SEK)sort descendingTotal cost (USD)sort descending
28.383.30
Firm
Kotak Click2Remit
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
1.64
Percentage difference between market reference rate 7.69 and exchange rate charged 7.561.64
Total cost (%)
1.641.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
70.528.20
Firm
Azimo
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
49.005.70
Exchange rate margin (%)
1.33
Percentage difference between market reference rate 7.69 and exchange rate charged 7.591.33
Total cost (%)
2.472.47
Total cost (SEK)sort descendingTotal cost (USD)sort descending
106.2112.35
Firm
Western Union
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
0.000.00
Exchange rate margin (%)
2.74
Percentage difference between market reference rate 7.69 and exchange rate charged 7.482.74
Total cost (%)
2.742.74
Total cost (SEK)sort descendingTotal cost (USD)sort descending
117.8213.70
Firm
WorldRemit
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
39.004.53
Exchange rate margin (%)
2.07
Percentage difference between market reference rate 7.69 and exchange rate charged 7.532.07
Total cost (%)
2.982.98
Total cost (SEK)sort descendingTotal cost (USD)sort descending
128.1414.90
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
50.005.81
Exchange rate margin (%)
2.48
Percentage difference between market reference rate 7.69 and exchange rate charged 7.502.48
Total cost (%)
3.653.65
Total cost (SEK)sort descendingTotal cost (USD)sort descending
156.9518.25
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
50.005.81
Exchange rate margin (%)
2.80
Percentage difference between market reference rate 7.69 and exchange rate charged 7.472.80
Total cost (%)
3.973.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
170.7119.85
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
20.002.33
Exchange rate margin (%)
4.71
Percentage difference between market reference rate 7.69 and exchange rate charged 7.334.71
Total cost (%)
5.185.18
Total cost (SEK)sort descendingTotal cost (USD)sort descending
222.7425.90
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
22.002.56
Exchange rate margin (%)
5.11
Percentage difference between market reference rate 7.69 and exchange rate charged 7.305.11
Total cost (%)
5.625.62
Total cost (SEK)sort descendingTotal cost (USD)sort descending
241.6628.10
Firm
SEB
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
150.0017.44
Exchange rate margin (%)
2.48
Percentage difference between market reference rate 7.69 and exchange rate charged 7.502.48
Total cost (%)
5.975.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
256.7129.85
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
85.009.88
Exchange rate margin (%)
5.31
Percentage difference between market reference rate 7.69 and exchange rate charged 7.285.31
Total cost (%)
7.287.28
Total cost (SEK)sort descendingTotal cost (USD)sort descending
313.0436.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
22.002.56
Exchange rate margin (%)
9.30
Percentage difference between market reference rate 7.69 and exchange rate charged 6.979.30
Total cost (%)
9.819.81
Total cost (SEK)sort descendingTotal cost (USD)sort descending
421.8349.05
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
390.0045.35
Exchange rate margin (%)
10.22
Percentage difference between market reference rate 7.69 and exchange rate charged 6.9010.22
Total cost (%)
19.2919.29
Total cost (SEK)sort descendingTotal cost (USD)sort descending
829.4796.45
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Internet
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
50.005.81
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
1.161.16
Total cost (SEK)sort descendingTotal cost (USD)sort descending
49.885.80
Firm
This RSP is not transparent: the exchange rate applied to the transaction was not disclosed. The 0% in the exchange rate margin does NOT necessarily mean that there is no exchange rate cost, but rather that this cost is not disclosed to the sender at the time of sending.
Nordea Bank
Firm type: Bank
 
Payment instrument
Access point
Bank branch
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
300.0034.88
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
6.986.98
Total cost (SEK)sort descendingTotal cost (USD)sort descending
300.1434.90
Total Average Second Quarter
4.474.47
Total Average First Quarter
4.994.99
Total Average
Fee
69.838.12
Exchange Rate Margin (%)
2.852.85
Total Cost Percent (%)
4.474.47
Total Cost (SEK) Total Cost (USD)
192.3122.36
Non-Transparent records
Bank account transfer Debit/credit card Cash
Less than one hour Same day Next day 2 days 3-5 days 6 days or more
Bank account Cash
Least Costly Corridors To India
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