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Transfer money

Sending money from SWEDEN to INDIA

Data collected on: Feb 06, 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
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 (%)
0.05
Percentage difference between market reference rate 7.43 and exchange rate charged 7.430.05
Total cost (%)
0.050.05
Total cost (SEK)sort descendingTotal cost (USD)sort descending
0.850.10
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 (%)
0.13
Percentage difference between market reference rate 7.43 and exchange rate charged 7.420.13
Total cost (%)
0.130.13
Total cost (SEK)sort descendingTotal cost (USD)sort descending
2.210.26
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 (%)
0.45
Percentage difference between market reference rate 7.43 and exchange rate charged 7.400.45
Total cost (%)
0.450.45
Total cost (SEK)sort descendingTotal cost (USD)sort descending
7.650.90
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 (%)
1.48
Percentage difference between market reference rate 7.43 and exchange rate charged 7.321.48
Total cost (%)
1.481.48
Total cost (SEK)sort descendingTotal cost (USD)sort descending
25.162.96
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 (%)
2.54
Percentage difference between market reference rate 7.43 and exchange rate charged 7.252.54
Total cost (%)
2.542.54
Total cost (SEK)sort descendingTotal cost (USD)sort descending
43.185.08
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 (%)
1.26
Percentage difference between market reference rate 7.43 and exchange rate charged 7.341.26
Total cost (%)
3.023.02
Total cost (SEK)sort descendingTotal cost (USD)sort descending
51.346.04
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 (%)
0.96
Percentage difference between market reference rate 7.43 and exchange rate charged 7.360.96
Total cost (%)
3.853.85
Total cost (SEK)sort descendingTotal cost (USD)sort descending
65.457.70
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
39.004.59
Exchange rate margin (%)
1.92
Percentage difference between market reference rate 7.43 and exchange rate charged 7.291.92
Total cost (%)
4.214.21
Total cost (SEK)sort descendingTotal cost (USD)sort descending
71.578.42
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
40.004.71
Exchange rate margin (%)
2.61
Percentage difference between market reference rate 7.43 and exchange rate charged 7.242.61
Total cost (%)
4.964.96
Total cost (SEK)sort descendingTotal cost (USD)sort descending
84.329.92
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
20.002.35
Exchange rate margin (%)
5.01
Percentage difference between market reference rate 7.43 and exchange rate charged 7.065.01
Total cost (%)
6.196.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
105.2312.38
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 (%)
1.75
Percentage difference between market reference rate 7.43 and exchange rate charged 7.301.75
Total cost (%)
8.228.22
Total cost (SEK)sort descendingTotal cost (USD)sort descending
139.7416.44
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 (%)
4.52
Percentage difference between market reference rate 7.43 and exchange rate charged 7.104.52
Total cost (%)
8.648.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
146.8817.28
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 (%)
1.75
Percentage difference between market reference rate 7.43 and exchange rate charged 7.301.75
Total cost (%)
8.818.81
Total cost (SEK)sort descendingTotal cost (USD)sort descending
149.7717.62
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 (%)
6.26
Percentage difference between market reference rate 7.43 and exchange rate charged 6.976.26
Total cost (%)
9.209.20
Total cost (SEK)sort descendingTotal cost (USD)sort descending
156.4018.40
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 (%)
5.21
Percentage difference between market reference rate 7.43 and exchange rate charged 7.055.21
Total cost (%)
10.2110.21
Total cost (SEK)sort descendingTotal cost (USD)sort descending
173.5720.42
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
20.002.35
Exchange rate margin (%)
9.21
Percentage difference between market reference rate 7.43 and exchange rate charged 6.759.21
Total cost (%)
10.3910.39
Total cost (SEK)sort descendingTotal cost (USD)sort descending
176.6320.78
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 (%)
6.26
Percentage difference between market reference rate 7.43 and exchange rate charged 6.976.26
Total cost (%)
15.0815.08
Total cost (SEK)sort descendingTotal cost (USD)sort descending
256.3630.16
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 (%)
10.02
Percentage difference between market reference rate 7.43 and exchange rate charged 6.6910.02
Total cost (%)
21.2021.20
Total cost (SEK)sort descendingTotal cost (USD)sort descending
360.4042.40
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 First Quarter
6.966.96
Total Average Fourth Quarter 2019
5.765.76
Total Average
Fee
66.157.78
Exchange Rate Margin (%)
3.073.07
Total Cost Percent (%)
6.966.96
Total Cost (SEK) Total Cost (USD)
118.3413.92
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
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 (%)
0.05
Percentage difference between market reference rate 7.43 and exchange rate charged 7.430.05
Total cost (%)
0.050.05
Total cost (SEK)sort descendingTotal cost (USD)sort descending
2.150.25
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 (%)
0.13
Percentage difference between market reference rate 7.43 and exchange rate charged 7.420.13
Total cost (%)
0.130.13
Total cost (SEK)sort descendingTotal cost (USD)sort descending
5.590.65
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 (%)
0.45
Percentage difference between market reference rate 7.43 and exchange rate charged 7.400.45
Total cost (%)
0.450.45
Total cost (SEK)sort descendingTotal cost (USD)sort descending
19.352.25
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 (%)
1.48
Percentage difference between market reference rate 7.43 and exchange rate charged 7.321.48
Total cost (%)
1.481.48
Total cost (SEK)sort descendingTotal cost (USD)sort descending
63.647.40
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 (%)
1.26
Percentage difference between market reference rate 7.43 and exchange rate charged 7.341.26
Total cost (%)
1.961.96
Total cost (SEK)sort descendingTotal cost (USD)sort descending
84.289.80
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 (%)
0.96
Percentage difference between market reference rate 7.43 and exchange rate charged 7.360.96
Total cost (%)
2.102.10
Total cost (SEK)sort descendingTotal cost (USD)sort descending
90.3010.50
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 (%)
2.54
Percentage difference between market reference rate 7.43 and exchange rate charged 7.252.54
Total cost (%)
2.542.54
Total cost (SEK)sort descendingTotal cost (USD)sort descending
109.2212.70
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 (%)
1.92
Percentage difference between market reference rate 7.43 and exchange rate charged 7.291.92
Total cost (%)
2.822.82
Total cost (SEK)sort descendingTotal cost (USD)sort descending
121.2614.10
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 (%)
2.61
Percentage difference between market reference rate 7.43 and exchange rate charged 7.242.61
Total cost (%)
4.004.00
Total cost (SEK)sort descendingTotal cost (USD)sort descending
172.0020.00
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 (%)
1.75
Percentage difference between market reference rate 7.43 and exchange rate charged 7.301.75
Total cost (%)
5.245.24
Total cost (SEK)sort descendingTotal cost (USD)sort descending
225.3226.20
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
20.002.33
Exchange rate margin (%)
5.01
Percentage difference between market reference rate 7.43 and exchange rate charged 7.065.01
Total cost (%)
5.485.48
Total cost (SEK)sort descendingTotal cost (USD)sort descending
235.6427.40
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
180.0020.93
Exchange rate margin (%)
1.75
Percentage difference between market reference rate 7.43 and exchange rate charged 7.301.75
Total cost (%)
5.945.94
Total cost (SEK)sort descendingTotal cost (USD)sort descending
255.4229.70
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 (%)
4.52
Percentage difference between market reference rate 7.43 and exchange rate charged 7.104.52
Total cost (%)
6.266.26
Total cost (SEK)sort descendingTotal cost (USD)sort descending
269.1831.30
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 (%)
5.21
Percentage difference between market reference rate 7.43 and exchange rate charged 7.055.21
Total cost (%)
7.197.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
309.1735.95
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 (%)
6.26
Percentage difference between market reference rate 7.43 and exchange rate charged 6.976.26
Total cost (%)
7.427.42
Total cost (SEK)sort descendingTotal cost (USD)sort descending
319.0637.10
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
20.002.33
Exchange rate margin (%)
9.21
Percentage difference between market reference rate 7.43 and exchange rate charged 6.759.21
Total cost (%)
9.689.68
Total cost (SEK)sort descendingTotal cost (USD)sort descending
416.2448.40
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 (%)
6.26
Percentage difference between market reference rate 7.43 and exchange rate charged 6.976.26
Total cost (%)
9.759.75
Total cost (SEK)sort descendingTotal cost (USD)sort descending
419.2548.75
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 (%)
10.02
Percentage difference between market reference rate 7.43 and exchange rate charged 6.6910.02
Total cost (%)
19.0919.09
Total cost (SEK)sort descendingTotal cost (USD)sort descending
820.8795.45
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 First Quarter
4.994.99
Total Average Fourth Quarter 2019
3.953.95
Total Average
Fee
82.409.58
Exchange Rate Margin (%)
3.073.07
Total Cost Percent (%)
4.994.99
Total Cost (SEK) Total Cost (USD)
214.4024.93
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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