Remittance Prices Worldwide

MAKING MARKETS MORE TRANSPARENT

From SESweden you can also send money to

Sending money from SWEDEN to INDIA

Data collected on: Oct 29, 2020
SEK | USD
Payment instrument
Access point
Sending network coverage
Transfer speed
<em>Transfer Speed</em> has been standardized in six broad categories.
Receiving method
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 descendingTotal cost (USD)sort descending
The total cost of sending a remittance transfer includes: the fee charged to the sender plus the exchange rate margin.
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.13
Percentage difference between market reference rate 8.37 and exchange rate charged 8.38
-0.13
-0.13-0.13
-2.21-0.26
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.82
Percentage difference between market reference rate 8.37 and exchange rate charged 8.30
0.82
0.820.82
13.941.64
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.24
Percentage difference between market reference rate 8.37 and exchange rate charged 8.26
1.24
1.241.24
21.082.48
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.74
Percentage difference between market reference rate 8.37 and exchange rate charged 8.22
1.74
1.741.74
29.583.48
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
30.003.53
-0.01
Percentage difference between market reference rate 8.37 and exchange rate charged 8.37
-0.01
1.751.75
29.753.50
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.87
Percentage difference between market reference rate 8.37 and exchange rate charged 8.13
2.87
2.872.87
48.795.74
Nordea Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
50.005.88
0.46
Percentage difference between market reference rate 8.37 and exchange rate charged 8.33
0.46
3.403.40
57.806.80
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.004.59
2.27
Percentage difference between market reference rate 8.37 and exchange rate charged 8.18
2.27
4.564.56
77.529.12
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
49.005.76
2.21
Percentage difference between market reference rate 8.37 and exchange rate charged 8.18
2.21
5.105.10
86.7010.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.002.35
4.84
Percentage difference between market reference rate 8.37 and exchange rate charged 7.96
4.84
6.016.01
102.1712.02
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
60.007.06
2.75
Percentage difference between market reference rate 8.37 and exchange rate charged 8.14
2.75
6.286.28
106.7612.56
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
30.003.53
5.01
Percentage difference between market reference rate 8.37 and exchange rate charged 7.95
5.01
6.776.77
115.0913.54
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
65.007.65
3.33
Percentage difference between market reference rate 8.37 and exchange rate charged 8.09
3.33
7.167.16
121.7214.32
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
30.003.53
9.21
Percentage difference between market reference rate 8.37 and exchange rate charged 7.60
9.21
10.9710.97
186.4921.94
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
75.008.82
7.04
Percentage difference between market reference rate 8.37 and exchange rate charged 7.78
7.04
11.4511.45
194.6522.90
Nordea Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
300.0035.29
0.46
Percentage difference between market reference rate 8.37 and exchange rate charged 8.33
0.46
18.1118.11
307.8736.22
SEB
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
50.005.88
16.73
Percentage difference between market reference rate 8.37 and exchange rate charged 6.97
16.73
19.6719.67
334.3939.34
SEB
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
150.0017.65
16.73
Percentage difference between market reference rate 8.37 and exchange rate charged 6.97
16.73
25.5525.55
434.3551.10
Total Average Fourth Quarter 2020
7.417.41
Total Average Third Quarter 2020
6.126.12
Total Average
Fee
52.676.20
Exchange Rate Margin (%)
4.314.31
Total Cost Percent (%)
7.417.41
Total Cost (SEK) Total Cost (USD)
125.9114.81
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
Payment instrument
Access point
Sending network coverage
Receiving method
Xendpay
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
-0.13
Percentage difference between market reference rate 8.37 and exchange rate charged 8.38
-0.13
-0.13-0.13
-5.59-0.65
Remitly
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
30.003.49
-0.01
Percentage difference between market reference rate 8.37 and exchange rate charged 8.37
-0.01
0.680.68
29.243.40
money2India (ICICI Bank)
Firm type: Bank / Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
0.82
Percentage difference between market reference rate 8.37 and exchange rate charged 8.30
0.82
0.820.82
35.264.10
Kotak Click2Remit
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.24
Percentage difference between market reference rate 8.37 and exchange rate charged 8.26
1.24
1.241.24
53.326.20
Nordea Bank
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
50.005.81
0.46
Percentage difference between market reference rate 8.37 and exchange rate charged 8.33
0.46
1.621.62
69.668.10
Skrill
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
1.74
Percentage difference between market reference rate 8.37 and exchange rate charged 8.22
1.74
1.741.74
74.828.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
0.000.00
2.87
Percentage difference between market reference rate 8.37 and exchange rate charged 8.13
2.87
2.872.87
123.4114.35
WorldRemit
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
39.004.53
2.27
Percentage difference between market reference rate 8.37 and exchange rate charged 8.18
2.27
3.173.17
136.3115.85
Azimo
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
49.005.70
2.21
Percentage difference between market reference rate 8.37 and exchange rate charged 8.18
2.21
3.353.35
144.0516.75
Ria
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
Medium
Receiving method
Agent
High
60.006.98
2.75
Percentage difference between market reference rate 8.37 and exchange rate charged 8.14
2.75
4.144.14
178.0220.70
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
20.002.33
4.84
Percentage difference between market reference rate 8.37 and exchange rate charged 7.96
4.84
5.305.30
227.9026.50
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
Agent
High
30.003.49
5.01
Percentage difference between market reference rate 8.37 and exchange rate charged 7.95
5.01
5.715.71
245.5328.55
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
130.0015.12
3.33
Percentage difference between market reference rate 8.37 and exchange rate charged 8.09
3.33
6.356.35
273.0531.75
Nordea Bank
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
300.0034.88
0.46
Percentage difference between market reference rate 8.37 and exchange rate charged 8.33
0.46
7.447.44
319.9237.20
Western Union
Firm type: Money Transfer Operator
Payment instrument
Access point
Agent
Sending network coverage
High
Receiving method
Agent
High
75.008.72
7.04
Percentage difference between market reference rate 8.37 and exchange rate charged 7.78
7.04
8.788.78
377.5443.90
MoneyGram
Firm type: Money Transfer Operator
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
30.003.49
9.21
Percentage difference between market reference rate 8.37 and exchange rate charged 7.60
9.21
9.919.91
426.1349.55
SEB
Firm type: Bank
Payment instrument
Access point
Internet
Sending network coverage
High
Receiving method
High
50.005.81
16.73
Percentage difference between market reference rate 8.37 and exchange rate charged 6.97
16.73
17.8917.89
769.2789.45
SEB
Firm type: Bank
Payment instrument
Access point
Bank branch
Sending network coverage
High
Receiving method
High
150.0017.44
16.73
Percentage difference between market reference rate 8.37 and exchange rate charged 6.97
16.73
20.2220.22
869.46101.10
Total Average Fourth Quarter 2020
5.625.62
Total Average Third Quarter 2020
4.384.38
Total Average
Fee
56.286.54
Exchange Rate Margin (%)
4.314.31
Total Cost Percent (%)
5.625.62
Total Cost (SEK) Total Cost (USD)
241.5228.08
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