Best Ways to Send Money
From Sweden to India
Send Money
Best Ways to Send Money from Sweden to India
How to transfer money from Sweden to India? Comparing the costs and delivery times of various online services has made sending money from Sweden to India incredibly easy. The real issue today is battling through a multitude of options in search of the best service that meets all your requirements.
This guide will walk you through the steps of how to send money from Sweden to India, explaining how each service works in detail, and assist you step-by-step in finding the most affordable option tailored for you. So, what is the best and the cheapest way to transfer money from Sweden to India? And what about the money transfer charges from Sweden to India? Let’s get everything clear.
What SheInnovatesGlobal Offers
Choosing the best way to send money from Sweden to India is critical because they all have varying fees, exchange rates, and delivery times. If the service has exorbitant fees and slow delivery times, your family in India will receive significantly less than expected. Comparing services with SheInnovatesGlobal means choosing a service that works best for each individual and finding the best app to transfer money from Sweden to India.
How to send money from Sweden to India? PaySend, Profee, Wise, and TransferGo stand out because of their reasonable fees, rapid service, and favorable exchange rates. SheInnovatesGlobal is the best way to send money from Sweden to India that ensures no difficulties or hidden fees guarantee a seamless transaction from Sweden to India.
With SheInnovatesGlobal, you’ll have access to:
- Precise and up-to-date comparisons of services measuring money transfer rates.
- Complete and simplified explanation of all costs, fees, and exchange rates.
- Timely transfers, with many completed within 24 hours.
- Security and worry-free experience with each transaction.
We will now look more closely at each service for you to compare and pick the best option to remit money from Sweden to India.
How to transfer money from Sweden to India? Reliable Ways
So, if you are interested in how to transfer money from Sweden to India, here are some options.
Wise (formerly TransferWise): Known for the Best Exchange Rates
When searching how to send money from Sweden to India, Wise usually comes among the top listed options (a good one, but not the cheapest way to transfer money from Sweden to India). They are recognized for low transfer fees and providing the best exchange rates. Unlike other services and banks, Wise uses the real exchange rate which can be found on google and not their inflated rates.
Here are Wise’s advantages that stand out the most:
- Low Fees: The money transfer charges from Sweden to India are relatively lower compared to banks, even though they do charge a fee. The fee structure is based on the amount you wish to send and the method of transfer chosen.
- Wise Exchange Rates: Wise only uses the mid market exchange rate which is the best rate with no added costs.
- Quick Transfers: In most scenarios, your funds will reach India within a day, but this is contingent on the time of transfer and the payment method used.
- Easy to Use: Wise app and website access all features within a click or two. Checking the rates, fees, and timelines for delivery is quick and easy.
Wise is the best way to transfer money from Sweden to India that enables you to track your funds in real-time throughout the journey from Sweden to India. Additionally, Wise provides email notifications informing you when the funds have been received and deposited into the recipient’s bank account.
For example, transferring money from Sweden to India, for example, 1000 SEK, requires Wise to charge an estimated 15 SEK. The payment will reach the recipient’s account on the same day and depending on the exchange rate, the amount credited will approximate 7,500.
Paysend: Enables Fee-Free, Instant Money Transfers
How to send money from Sweden to India? Paysend may be a more suitable answer to how to transfer money from Sweden to India if quick transfer times are your primary concern. Paysend is renowned for providing instant transfer services without charging transfer fees, which is an added advantage for those people looking to transfer money to India from Sweden within a short period.
Noteworthy aspects of Paysend:
- Instant Transactions: Paysend’s services ensure that your money gets to the intended recipient without unnecessary delays, meaning they can access the funds almost instantly.
- No Expenses: Paysend coming free of cost when it comes to expensive transfers from Sweden to India stands out, as it enables users to make transfers at lower costs.
- Less Favorable Exchange Rates: Although free services greatly simplify transferring money from Sweden to India, competition and quality service should be kept in mind, which is why it’s worth mentioning that their counterpart Wise offers a better exchange rate. Because of this, your intended recipient will likely receive a lower amount due to the unfavorable exchange rates in place.
- Effortless Steps: Uses the Paysend android mobile application which simplifies matters by allowing customers to set up the transfer quickly without too much difficulty.
Credit/Debit card and bank transfer deposits: It is possible to deposit the funds for your transfer from a bank account or a debit and credit card.
For example, when sending home 1000 SEK from Sweden to India, Paysend may offer an instant transfer with no fees attached. The exchange rate, however, may mean your recipient will receive around ₹7,300, slightly less than what they would receive with Wise.
Profee: Best for Lowest CPC Transfer with 1 Day Delivery
If you’re searching for a low-cost way of how to send money from Sweden to India with reasonable exchange rate, and quick delivery time, Profee would be another great question to the “how to transfer money from Sweden to India?”. Profee provides a maximum delivery time of 1-day which is beneficial for those who need to send money urgently however the transfer fee needs to be considered.
Features of the Profee top best app to transfer money from Sweden to India:
- Low Fees: Profee offers a low fee to send money from Sweden to India when compared to other service providers, banks, or even traditional ones.
- Better Exchange Rates: Although not as good as Wise, Profee outdoes a lot of other service providers when it comes to exchange rates and is better than banks.
- 1-Day Delivery: Transfers made through Profee are received within one business day unlike many other traditional services which are faster than many.
- Simple Setup: Like Wise, Profee has an app and website that is easy to use where a user can set up transfers within a few clicks.
- Trackable: With Profee, you have the ability to monitor your transfer so you always have information about the current status of your funds.
Example: When sending 1000 SEK through Profee, you are likely to incur a transfer fee of roughly 10 SEK. Your recipient would receive approximately ₹7,400 the next day.
TransferGo: With Small Fees Comes Ultra Fast Transfers
How to transfer money from Sweden to India using TransferGo? TransferGo has become popular because of its fast transfer speeds and its low money transfer charges from Sweden to India on exchange rates. Although it charges a small fee, it offers one of the fastest speeds of transfer, usually next-day delivery.
Key features of the TransferGo top best way to send money from Sweden to India include:
- Competitive Fees: Although TransferGo has a small fee, it is still lower than the fees of conventional bank services. Services like Paysend charge a lower fee than TransferGo.
- Good Exchange Rates: The exchange rates with TransferGo are not the strongest but are competitive enough for the recipient to get a good amount in INR.
- Next-Day Delivery: TransferGo is great for people who are not in a huge rush but still need speed. Transfers from Sweden to India arrive the next day.
- Simple and Transparent: TransferGo makes it simple with their best platform as you will always know the total fees and the amount your recipient is supposed to receive.
- Trackable: Peace of mind throughout the process is guaranteed as you will be able to track your transfer from Sweden to India in real time.
Example: For a 1000 SEK transfer, TransferGo may charge a fee of around 5 SEK. Your recipient would likely receive about ₹7,350, and the transfer would typically arrive the next day.
Step-by-Step Guide: How to Send Money from Sweden to India Using SheInnovatesGlobal
Let us now see how you can use the SheInnovatesGlobal as the best way to transfer money from Sweden to India to compare providers and select the most optimal one.
Step 1: Sign Up and Log In
Create a free account on SheInnovatesGlobal with your email and password. After logging in, you can access several comparators and tools related to money transfer service providers.
Step 2: Select Your Currency
For the Swedish to Indian international transfer, choose:
- Sending currency: SEK (Swedish Krona).
- Receiving currency: INR (Indian Rupee).
Then type in the amount you wish to send, and SheInnovatesGlobal will display the best options available.
Step 3: Analyze Transfer Services
You will see a comparison from the providers Wise, Paysend, Profee, and TransferGo which include:
- Transfer fees.
- Exchange rates.
- Delivery times.
Step 4: Recipient Information
With your best way to send money from Sweden to India selected, now enter your recipient’s details, including their full name, bank details, and phone number.
Step 5: Confirm and Monitor
You can confirm your transfer and monitor the status of your funds through the SheInnovatesGlobal dashboard. Notifications from this top best app to transfer money from Sweden to India will be sent when your money is received, processed, and delivered.
Final Thoughts on Sending Money From Sweden To India
In case you are interested in how to transfer money from Sweden to India and wish to send money to India from Sweden in the shortest possible time while maintaining security and the most favorable rates, SheInnovatesGlobal is the ideal choice.
Its live comparison features, coupled with absolute transparency, ease of use, and intuitive design, take the guesswork out of the equation when sending money from Sweden to India.
Regardless if you choose Wise, Paysend, Profee or TransferGo, with any of these services you can rest assured that you are getting the best deal possible. Take a moment to compare, select the service that suits your needs the most, and begin transferring money from Sweden to India today.
FAQ
The cheapest way to transfer money from Sweden to India depends on what your preferences are. Paysend is free of charge but receives unfavorable exchange rates. Having some fees, Wise remains the best in terms of exchange rates. Profee is the best way to transfer money from Sweden to India for anyone hoping to spend little while still getting a fairly good exchange rate as transfers take around one day.
Transfer times differ from provider to provider. Paysend provides instant transfer, while Wise tends to complete transfers within a day. Profee completes the transfers in about a day and with TransferGo, it takes 1 – 2 business days.
Certain sending money from Sweden to India services, like Paysend, might advertise themselves as fee free, but tend to have awful exchange rates which end up costing significantly. With Wise, there is no hiding – all fees and exchange rates are disclosed.
Indeed, Paysend allows for instant and pretty cheap transfer. Wise and Profee typically require one business day.
Exchange rates change all the time based on the global market. Some services also add extra charges by giving you a lower rate. It’s smart to compare rates before sending money.
Yes, each money transfer service has its own limit. Some let you send a few thousand euros, while others may allow more if you verify your identity.
Most online services let you track your transfer in real time. After you send the money, you’ll get a link or see updates in your account showing where your money is and when it arrives.