Send Money from Sweden to India

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Indian rupees rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are UPI, bank deposit, cash pickup and card payout. The most widely used options in India are IMPS and NEFT bank deposit. India's IMPS rail settles instantly around the clock, so bank deposits often land within minutes rather than days. Not every provider supports every method, so check the table above before you commit.

No. Remitly and Western Union offer cash pickup in India, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, IMPS and NEFT bank deposit generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For SEK to INR, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Sweden under Finansinspektionen, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly kr10,000, a specialist foreign-exchange broker will often beat an app on rate.

Wise's Swedish tables carry eight funding rows, and two of them are open-banking bank payments: a generic one and Trustly, named separately. Trustly costs 65.27 SEK where the generic option costs 60.71 SEK, for what is functionally the same act — paying from your own bank account. Trustly is the familiar Swedish brand, and picking it by name costs about 4.56 SEK more than picking the unbranded option directly beside it. The generic open-banking option and an ordinary bank transfer are priced identically here, both at 60.71 SEK. That differs from the euro markets on this site, where open banking is consistently the cheaper of the two. In Sweden it saves you the typing, not the money. Wise's credit card figure is not quoted here. Two independent reads of the page on the same day returned 188.55 SEK and 142.09 SEK. Its debit card row held at 92.24 SEK across both reads and is published. Remitly is the only service on this page offering UPI payout. For a recipient paid mainly through UPI that is a different product from a bank deposit, not a cheaper version of one. Wise quotes its Swedish tables at 10,000 SEK, not the 1,000 of the local unit it uses on most markets — roughly 900 euro, and a fourth distinct basis on this site after the 1,000 default, Switzerland's 2,000 and Norway's 8,000. A krona figure cannot be read against a euro or pound figure without converting first.