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Transfer money

Sending money from SWEDEN to INDIA

Data collected on: May 10, 2019
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 (%)
0.06
Percentage difference between market reference rate 7.28 and exchange rate charged 7.280.06
Total cost (%)
0.060.06
Total cost (SEK)sort descendingTotal cost (USD)sort descending
1.020.12
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 (%)
0.06
Percentage difference between market reference rate 7.28 and exchange rate charged 7.280.06
Total cost (%)
0.060.06
Total cost (SEK)sort descendingTotal cost (USD)sort descending
1.020.12
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 (%)
0.69
Percentage difference between market reference rate 7.28 and exchange rate charged 7.230.69
Total cost (%)
0.690.69
Total cost (SEK)sort descendingTotal cost (USD)sort descending
11.731.38
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 (%)
1.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.161.72
Total cost (%)
1.721.72
Total cost (SEK)sort descendingTotal cost (USD)sort descending
29.243.44
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 (%)
2.40
Percentage difference between market reference rate 7.28 and exchange rate charged 7.112.40
Total cost (%)
2.402.40
Total cost (SEK)sort descendingTotal cost (USD)sort descending
40.804.80
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 (%)
1.11
Percentage difference between market reference rate 7.28 and exchange rate charged 7.201.11
Total cost (%)
2.862.86
Total cost (SEK)sort descendingTotal cost (USD)sort descending
48.625.72
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 (%)
2.26
Percentage difference between market reference rate 7.28 and exchange rate charged 7.122.26
Total cost (%)
4.554.55
Total cost (SEK)sort descendingTotal cost (USD)sort descending
77.359.10
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 (%)
1.90
Percentage difference between market reference rate 7.28 and exchange rate charged 7.141.90
Total cost (%)
4.784.78
Total cost (SEK)sort descendingTotal cost (USD)sort descending
81.269.56
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
60.007.06
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 7.28 and exchange rate charged 7.141.96
Total cost (%)
5.495.49
Total cost (SEK)sort descendingTotal cost (USD)sort descending
93.3310.98
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
10.001.18
Exchange rate margin (%)
4.90
Percentage difference between market reference rate 7.28 and exchange rate charged 6.924.90
Total cost (%)
5.495.49
Total cost (SEK)sort descendingTotal cost (USD)sort descending
93.3310.98
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 (%)
2.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.082.72
Total cost (%)
5.665.66
Total cost (SEK)sort descendingTotal cost (USD)sort descending
96.2211.32
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
70.008.24
Exchange rate margin (%)
2.65
Percentage difference between market reference rate 7.28 and exchange rate charged 7.092.65
Total cost (%)
6.776.77
Total cost (SEK)sort descendingTotal cost (USD)sort descending
115.0913.54
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
110.0012.94
Exchange rate margin (%)
1.23
Percentage difference between market reference rate 7.28 and exchange rate charged 7.191.23
Total cost (%)
7.707.70
Total cost (SEK)sort descendingTotal cost (USD)sort descending
130.9015.40
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
120.0014.12
Exchange rate margin (%)
1.23
Percentage difference between market reference rate 7.28 and exchange rate charged 7.191.23
Total cost (%)
8.298.29
Total cost (SEK)sort descendingTotal cost (USD)sort descending
140.9316.58
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
10.001.18
Exchange rate margin (%)
9.11
Percentage difference between market reference rate 7.28 and exchange rate charged 6.629.11
Total cost (%)
9.699.69
Total cost (SEK)sort descendingTotal cost (USD)sort descending
164.7319.38
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 (%)
5.10
Percentage difference between market reference rate 7.28 and exchange rate charged 6.915.10
Total cost (%)
10.1010.10
Total cost (SEK)sort descendingTotal cost (USD)sort descending
171.7020.20
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
85.0010.00
Exchange rate margin (%)
5.10
Percentage difference between market reference rate 7.28 and exchange rate charged 6.915.10
Total cost (%)
10.1010.10
Total cost (SEK)sort descendingTotal cost (USD)sort descending
171.7020.20
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 (%)
2.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.082.72
Total cost (%)
11.5511.55
Total cost (SEK)sort descendingTotal cost (USD)sort descending
196.3523.10
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
90.0010.59
Exchange rate margin (%)
10.46
Percentage difference between market reference rate 7.28 and exchange rate charged 6.5210.46
Total cost (%)
15.7615.76
Total cost (SEK)sort descendingTotal cost (USD)sort descending
267.9231.52
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
140.0016.47
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
8.248.24
Total cost (SEK)sort descendingTotal cost (USD)sort descending
140.0816.48
Total Average Second Quarter
5.955.95
Total Average First Quarter
4.704.70
Total Average
Fee
54.666.43
Exchange Rate Margin (%)
2.732.73
Total Cost Percent (%)
5.955.95
Total Cost (SEK) Total Cost (USD)
101.1111.90
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 (%)
0.06
Percentage difference between market reference rate 7.28 and exchange rate charged 7.280.06
Total cost (%)
0.060.06
Total cost (SEK)sort descendingTotal cost (USD)sort descending
2.580.30
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 (%)
0.06
Percentage difference between market reference rate 7.28 and exchange rate charged 7.280.06
Total cost (%)
0.060.06
Total cost (SEK)sort descendingTotal cost (USD)sort descending
2.580.30
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 (%)
0.69
Percentage difference between market reference rate 7.28 and exchange rate charged 7.230.69
Total cost (%)
0.690.69
Total cost (SEK)sort descendingTotal cost (USD)sort descending
29.673.45
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 (%)
1.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.161.72
Total cost (%)
1.721.72
Total cost (SEK)sort descendingTotal cost (USD)sort descending
73.968.60
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 (%)
1.11
Percentage difference between market reference rate 7.28 and exchange rate charged 7.201.11
Total cost (%)
1.801.80
Total cost (SEK)sort descendingTotal cost (USD)sort descending
77.409.00
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 (%)
2.40
Percentage difference between market reference rate 7.28 and exchange rate charged 7.112.40
Total cost (%)
2.402.40
Total cost (SEK)sort descendingTotal cost (USD)sort descending
103.2012.00
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 (%)
1.90
Percentage difference between market reference rate 7.28 and exchange rate charged 7.141.90
Total cost (%)
3.043.04
Total cost (SEK)sort descendingTotal cost (USD)sort descending
130.7215.20
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 (%)
2.26
Percentage difference between market reference rate 7.28 and exchange rate charged 7.122.26
Total cost (%)
3.163.16
Total cost (SEK)sort descendingTotal cost (USD)sort descending
135.8815.80
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
60.006.98
Exchange rate margin (%)
1.96
Percentage difference between market reference rate 7.28 and exchange rate charged 7.141.96
Total cost (%)
3.353.35
Total cost (SEK)sort descendingTotal cost (USD)sort descending
144.0516.75
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 (%)
2.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.082.72
Total cost (%)
3.893.89
Total cost (SEK)sort descendingTotal cost (USD)sort descending
167.2719.45
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
75.008.72
Exchange rate margin (%)
2.65
Percentage difference between market reference rate 7.28 and exchange rate charged 7.092.65
Total cost (%)
4.394.39
Total cost (SEK)sort descendingTotal cost (USD)sort descending
188.7721.95
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
150.0017.44
Exchange rate margin (%)
1.23
Percentage difference between market reference rate 7.28 and exchange rate charged 7.191.23
Total cost (%)
4.724.72
Total cost (SEK)sort descendingTotal cost (USD)sort descending
202.9623.60
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
10.001.16
Exchange rate margin (%)
4.90
Percentage difference between market reference rate 7.28 and exchange rate charged 6.924.90
Total cost (%)
5.135.13
Total cost (SEK)sort descendingTotal cost (USD)sort descending
220.5925.65
Firm
Xpress Money
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Agent
Disbursing network coverage
High
Fee
180.0020.93
Exchange rate margin (%)
1.23
Percentage difference between market reference rate 7.28 and exchange rate charged 7.191.23
Total cost (%)
5.425.42
Total cost (SEK)sort descendingTotal cost (USD)sort descending
233.0627.10
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 (%)
2.72
Percentage difference between market reference rate 7.28 and exchange rate charged 7.082.72
Total cost (%)
6.216.21
Total cost (SEK)sort descendingTotal cost (USD)sort descending
267.0331.05
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 (%)
5.10
Percentage difference between market reference rate 7.28 and exchange rate charged 6.915.10
Total cost (%)
7.087.08
Total cost (SEK)sort descendingTotal cost (USD)sort descending
304.4435.40
Firm
MoneyGram
Firm type: Money Transfer Operator
 
Payment instrument
Access point
Agent
Sending network coverage
High
Transfer speed
Receiving method
Disbursing network coverage
High
Fee
85.009.88
Exchange rate margin (%)
5.10
Percentage difference between market reference rate 7.28 and exchange rate charged 6.915.10
Total cost (%)
7.087.08
Total cost (SEK)sort descendingTotal cost (USD)sort descending
304.4435.40
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
10.001.16
Exchange rate margin (%)
9.11
Percentage difference between market reference rate 7.28 and exchange rate charged 6.629.11
Total cost (%)
9.349.34
Total cost (SEK)sort descendingTotal cost (USD)sort descending
401.6246.70
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
90.0010.47
Exchange rate margin (%)
10.46
Percentage difference between market reference rate 7.28 and exchange rate charged 6.5210.46
Total cost (%)
12.5512.55
Total cost (SEK)sort descendingTotal cost (USD)sort descending
539.6562.75
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
140.0016.28
Exchange rate margin (%)
0.00
Percentage difference between market reference rate 1.00 and exchange rate charged 1.000.00
Total cost (%)
3.263.26
Total cost (SEK)sort descendingTotal cost (USD)sort descending
140.1816.30
Total Average Second Quarter
4.124.12
Total Average First Quarter
2.882.88
Total Average
Fee
59.666.94
Exchange Rate Margin (%)
2.732.73
Total Cost Percent (%)
4.124.12
Total Cost (SEK) Total Cost (USD)
177.1420.60
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
Least Costly Corridors From Sweden
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