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Transfer money

Sending money from SWEDEN to INDIA

Data collected on: Sep 16, 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
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 (%)
0.19
Percentage difference between market reference rate 7.42 and exchange rate charged 7.400.19
Total cost (%)
0.190.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
3.230.38
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 (%)
0.64
Percentage difference between market reference rate 7.42 and exchange rate charged 7.370.64
Total cost (%)
0.640.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
10.881.28
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 (%)
0.76
Percentage difference between market reference rate 7.42 and exchange rate charged 7.360.76
Total cost (%)
0.760.76
Total cost (SEK)sort descendingTotal cost (USD)sort descending
12.921.52
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 (%)
1.52
Percentage difference between market reference rate 7.42 and exchange rate charged 7.301.52
Total cost (%)
1.521.52
Total cost (SEK)sort descendingTotal cost (USD)sort descending
25.843.04
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 (%)
1.43
Percentage difference between market reference rate 7.42 and exchange rate charged 7.311.43
Total cost (%)
3.193.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
54.236.38
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 (%)
3.60
Percentage difference between market reference rate 7.42 and exchange rate charged 7.153.60
Total cost (%)
3.603.60
Total cost (SEK)sort descendingTotal cost (USD)sort descending
61.207.20
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
39.004.59
Exchange rate margin (%)
2.06
Percentage difference between market reference rate 7.42 and exchange rate charged 7.262.06
Total cost (%)
4.364.36
Total cost (SEK)sort descendingTotal cost (USD)sort descending
74.128.72
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 (%)
1.97
Percentage difference between market reference rate 7.42 and exchange rate charged 7.271.97
Total cost (%)
4.854.85
Total cost (SEK)sort descendingTotal cost (USD)sort descending
82.459.70
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 (%)
2.03
Percentage difference between market reference rate 7.42 and exchange rate charged 7.272.03
Total cost (%)
4.974.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
84.499.94
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 (%)
1.94
Percentage difference between market reference rate 7.42 and exchange rate charged 7.271.94
Total cost (%)
5.475.47
Total cost (SEK)sort descendingTotal cost (USD)sort descending
92.9910.94
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 (%)
5.08
Percentage difference between market reference rate 7.42 and exchange rate charged 7.045.08
Total cost (%)
6.256.25
Total cost (SEK)sort descendingTotal cost (USD)sort descending
106.2512.50
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 (%)
1.26
Percentage difference between market reference rate 7.42 and exchange rate charged 7.321.26
Total cost (%)
6.266.26
Total cost (SEK)sort descendingTotal cost (USD)sort descending
106.4212.52
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 (%)
1.26
Percentage difference between market reference rate 7.42 and exchange rate charged 7.321.26
Total cost (%)
6.266.26
Total cost (SEK)sort descendingTotal cost (USD)sort descending
106.4212.52
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 (%)
0.91
Percentage difference between market reference rate 7.42 and exchange rate charged 7.350.91
Total cost (%)
7.387.38
Total cost (SEK)sort descendingTotal cost (USD)sort descending
125.4614.76
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 (%)
3.80
Percentage difference between market reference rate 7.42 and exchange rate charged 7.133.80
Total cost (%)
7.917.91
Total cost (SEK)sort descendingTotal cost (USD)sort descending
134.4715.82
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 (%)
0.91
Percentage difference between market reference rate 7.42 and exchange rate charged 7.350.91
Total cost (%)
7.977.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
135.4915.94
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 (%)
9.27
Percentage difference between market reference rate 7.42 and exchange rate charged 6.739.27
Total cost (%)
10.4510.45
Total cost (SEK)sort descendingTotal cost (USD)sort descending
177.6520.90
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 (%)
2.03
Percentage difference between market reference rate 7.42 and exchange rate charged 7.272.03
Total cost (%)
10.8510.85
Total cost (SEK)sort descendingTotal cost (USD)sort descending
184.4521.70
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
90.0010.59
Exchange rate margin (%)
10.67
Percentage difference between market reference rate 7.42 and exchange rate charged 6.6210.67
Total cost (%)
15.9715.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
271.4931.94
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 Third Quarter
5.725.72
Total Average Second Quarter
5.955.95
Total Average
Fee
55.616.54
Exchange Rate Margin (%)
2.442.44
Total Cost Percent (%)
5.725.72
Total Cost (SEK) Total Cost (USD)
97.1711.43
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 (%)
0.19
Percentage difference between market reference rate 7.42 and exchange rate charged 7.400.19
Total cost (%)
0.190.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
8.170.95
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 (%)
0.64
Percentage difference between market reference rate 7.42 and exchange rate charged 7.370.64
Total cost (%)
0.640.64
Total cost (SEK)sort descendingTotal cost (USD)sort descending
27.523.20
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 (%)
0.76
Percentage difference between market reference rate 7.42 and exchange rate charged 7.360.76
Total cost (%)
0.760.76
Total cost (SEK)sort descendingTotal cost (USD)sort descending
32.683.80
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 (%)
1.52
Percentage difference between market reference rate 7.42 and exchange rate charged 7.301.52
Total cost (%)
1.521.52
Total cost (SEK)sort descendingTotal cost (USD)sort descending
65.367.60
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 (%)
1.43
Percentage difference between market reference rate 7.42 and exchange rate charged 7.311.43
Total cost (%)
2.132.13
Total cost (SEK)sort descendingTotal cost (USD)sort descending
91.5910.65
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 (%)
2.06
Percentage difference between market reference rate 7.42 and exchange rate charged 7.262.06
Total cost (%)
2.972.97
Total cost (SEK)sort descendingTotal cost (USD)sort descending
127.7114.85
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 (%)
1.97
Percentage difference between market reference rate 7.42 and exchange rate charged 7.271.97
Total cost (%)
3.113.11
Total cost (SEK)sort descendingTotal cost (USD)sort descending
133.7315.55
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 (%)
2.03
Percentage difference between market reference rate 7.42 and exchange rate charged 7.272.03
Total cost (%)
3.193.19
Total cost (SEK)sort descendingTotal cost (USD)sort descending
137.1715.95
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 (%)
1.26
Percentage difference between market reference rate 7.42 and exchange rate charged 7.321.26
Total cost (%)
3.233.23
Total cost (SEK)sort descendingTotal cost (USD)sort descending
138.8916.15
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 (%)
1.26
Percentage difference between market reference rate 7.42 and exchange rate charged 7.321.26
Total cost (%)
3.233.23
Total cost (SEK)sort descendingTotal cost (USD)sort descending
138.8916.15
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 (%)
1.94
Percentage difference between market reference rate 7.42 and exchange rate charged 7.271.94
Total cost (%)
3.343.34
Total cost (SEK)sort descendingTotal cost (USD)sort descending
143.6216.70
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 (%)
3.60
Percentage difference between market reference rate 7.42 and exchange rate charged 7.153.60
Total cost (%)
3.603.60
Total cost (SEK)sort descendingTotal cost (USD)sort descending
154.8018.00
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 (%)
0.91
Percentage difference between market reference rate 7.42 and exchange rate charged 7.350.91
Total cost (%)
4.404.40
Total cost (SEK)sort descendingTotal cost (USD)sort descending
189.2022.00
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 (%)
0.91
Percentage difference between market reference rate 7.42 and exchange rate charged 7.350.91
Total cost (%)
5.105.10
Total cost (SEK)sort descendingTotal cost (USD)sort descending
219.3025.50
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 (%)
2.03
Percentage difference between market reference rate 7.42 and exchange rate charged 7.272.03
Total cost (%)
5.525.52
Total cost (SEK)sort descendingTotal cost (USD)sort descending
237.3627.60
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
75.008.72
Exchange rate margin (%)
3.80
Percentage difference between market reference rate 7.42 and exchange rate charged 7.133.80
Total cost (%)
5.545.54
Total cost (SEK)sort descendingTotal cost (USD)sort descending
238.2227.70
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 (%)
5.08
Percentage difference between market reference rate 7.42 and exchange rate charged 7.045.08
Total cost (%)
5.545.54
Total cost (SEK)sort descendingTotal cost (USD)sort descending
238.2227.70
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 (%)
9.27
Percentage difference between market reference rate 7.42 and exchange rate charged 6.739.27
Total cost (%)
9.749.74
Total cost (SEK)sort descendingTotal cost (USD)sort descending
418.8248.70
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 (%)
10.67
Percentage difference between market reference rate 7.42 and exchange rate charged 6.6210.67
Total cost (%)
12.7612.76
Total cost (SEK)sort descendingTotal cost (USD)sort descending
548.6863.80
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
50.005.81
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 Third Quarter
3.853.85
Total Average Second Quarter
4.124.12
Total Average
Fee
60.617.05
Exchange Rate Margin (%)
2.442.44
Total Cost Percent (%)
3.853.85
Total Cost (SEK) Total Cost (USD)
165.7119.27
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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