What's the cheapest way to send money from India to Sweden?

The cheapest way to send money from India to Sweden is through an online provider. Among the 4 available, [CurrencyFair](https://go.monito.com/currencyfair?lng=en) was most often the cheapest provider (in 86.4% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from India to Sweden?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: [CurrencyFair](https://go.monito.com/currencyfair?lng=en) (cheapest in 86.4% of the searches) [Western Union](https://go.monito.com/western-union?lng=en) (cheapest in 12.6% of the searches) [OFX](https://go.monito.com/ofx?lng=en) (cheapest in 0.8% of the searches)

How much does it cost to send money from India to Sweden?

If you send money with the cheapest available provider, the total cost of a INR-SEK transfer was 1.4% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 11.2%.

What is the cost of making an international transfer from India to Sweden using my bank?

The average total cost (including hidden exchange rate markup) of making a INR-SEK transfer with banks compared by Monito.com during the past months was 11.3% of the transfer amount. This is 8.0x more expensive than sending money with the cheapest online provider alternative. For a 1000000 INR transfer, this represents a saving potential of around 98915.5 INR.

What is the fastest option to send money from India to Sweden

The provider that was most often the fastest provider in comparisons of the past 30 days was [CurrencyFair](https://go.monito.com/currencyfair?lng=en) (average fastest transfer time: Same day)

The world's best money transfer comparison app

Get the app Continue in your browser

Find low fees instantly with the Monito app

Never Overpay Again

Instant Rate Alerts

Exclusive Deals

Local Insights

★★★★★

5.0

App Store

★★★★★

4.9

Google Play

Scan me!

★★★★★

5.0

App Store

★★★★★

4.9

Google Play

Monito's comparison engine is trusted by 6 million users every year
Monito users have saved nearly $40 million in fees to date!
We only recommend regulated and secure companies.

As featured on

Top Provider For transfers from India to Sweden

Based on 594 comparisons made by Monito users in the past 3 months.

Compare live results

Best for Transfers to a Bank Account

Top provider
8.5

Cheapest

in 86% of all comparisons
Top rated

in 96% of all comparisons
Fastest

in 96% of all comparisons
Go to CurrencyFair
Cheapest

in 86% of all comparisons
Top rated

in 96% of all comparisons
Fastest

in 96% of all comparisons

Best of 4 providers. Compare all

Best for Transfers to Cash Pickup

Best of 0 providers. Compare all

Stay on top of the market

1 INR = SEK Mid-market exchange rate

Get our email alerts

We'll send you the exchange rate, best deal, and other helpful tips.

Compare 3 providers for a 1,000,000 INR transfer from India to Sweden

Results updated . 2 days ago

For the most up-to-date and accurate results, start a new search

Compare 2 providers

Sorted by amount received

Report a problem

Best deal
8.5
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

9.1
Service & Quality

7.7
Fees & Exchange Rates

8.2
Customer Satisfaction

8.9
Read the full review
Transfer time

Fee & rates

Recipient gets

1 to 6 days

Pay by Bank transfer

Recipient gets

Fee 282.78 INR

Exchange rate 0.1061

0.6% worse than mid‑market rate

106,060 SEK

You pay

1,000,000.00 INR

Fee

282.78 INR

Exchange rate

0.1061

1 INR = 0.1061 SEK

0.6% worse than mid‑market rate 0.1067

Recipient gets
106,060 SEK

Transferred to a bank account

Details Go to CurrencyFair Go
?
Our score

We've not yet reviewed this provider.

Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

Transfer time

Fee & rates

Recipient gets

2 to 5 days

Pay by Bank transfer

Recipient gets

Fee 2,884.55 INR

Exchange rate 0.1031

3.41% worse than mid‑market rate

102,795 SEK

Estimated

You pay

1,000,000.00 INR

Fee

1,000.00 INR

Exchange rate

0.1031

1 INR = 0.1031 SEK

3.41% worse than mid‑market rate 0.1067

Recipient gets
102,795 SEK

Estimated

Transferred to a bank account

Details
Not recommended
Consistently poor exchange rates, high fees and low customer satisfaction.

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

Want to send money to India from Sweden instead?

Report a problem

25M+ comparisons made

With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ in-depth guides

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice.

Monito's Recommendations for Sending Money from India to Sweden

Advertiser disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from India to Sweden:

We recommend CurrencyFair to send money from India to Sweden as it's the fastest, cheapest, and best-rated service compared by Monito.

Frequently Asked Questions

What's the cheapest way to send money from India to Sweden?

The cheapest way to send money from India to Sweden is through an online provider. Among the 4 available, CurrencyFair was most often the cheapest provider (in 86.4% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from India to Sweden?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- CurrencyFair (cheapest in 86.4% of the searches)
- Western Union (cheapest in 12.6% of the searches)
- OFX (cheapest in 0.8% of the searches)
How much does it cost to send money from India to Sweden?

If you send money with the cheapest available provider, the total cost of a INR-SEK transfer was 1.4% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 11.2%.
What is the cost of making an international transfer from India to Sweden using my bank?

The average total cost (including hidden exchange rate markup) of making a INR-SEK transfer with banks compared by Monito.com during the past months was 11.3% of the transfer amount. This is 8.0x more expensive than sending money with the cheapest online provider alternative.
For a 1000000 INR transfer, this represents a saving potential of around 98915.5 INR.
What is the fastest option to send money from India to Sweden

The provider that was most often the fastest provider in comparisons of the past 30 days was CurrencyFair (average fastest transfer time: Same day)

About Money Transfers from India to Sweden

Monito compares 4 providers offering international money transfer services from India to Sweden. The total cost of the cheapest available option at any given point in the past month was 1.4% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 11.2%.

💸 Number of providers	4
🏆 Cheapest provider (on average)	CurrencyFair
💰 Lowest total cost (on average)	1.4%
💰 Highest total cost (on average)	11.2%
💸 Most transferred amount	1000000 INR
⚡ ️Fastest transfer time	Same day
💳 Pay-in options	Bank transfer
💵 Pay-out options	Bank account, Bank account (via international transfer)
👍 Recommended providers	OFX, CurrencyFair

Best Rated Providers to Send Money from India to Sweden

8.6

Go to Western Union

8.5

Read the full review

7.6

Read the full review

See Monito's In-Depth Money Transfer Guides

Best Ways To Send Money Internationally

July 16, 2026 - by François Briod

illustration of time to transfer money abroad

Fastest Ways To Send Abroad

August 4, 2026 - by François Briod

Transfer Specialists vs Banks

November 22, 2022 - by Byron Mühlberg

Best Money Transfer Services

November 4, 2026 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to Sweden?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to Sweden, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to Sweden.

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Why You Can Trust Us

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, Monito co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services worldwide.

Today, Monito’s award-winning comparisons, reviews, and guides (no longer just about money transfers but also digital accounts, travel cards, eSIMs, and travel insurance) are trusted by millions each year. Our recommendations are backed by our comparison data and dozens of expert tests, allowing you to confidently make the savviest decisions.

Learn more about Monito

15+ million people across the globe trust Monito.
Monito's experts spend hours researching and testing services
Commissions we may receive never impact our independence.

The world's best money transfer comparison app

Find the best ways to send money to Sweden from India

Top Provider For transfers from India to Sweden

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

Stay on top of the market

Get our email alerts

Compare 3 providers for a 1,000,000 INR transfer from India to Sweden

Monito's Recommendations for Sending Money from India to Sweden

Frequently Asked Questions

About Money Transfers from India to Sweden

Best Rated Providers to Send Money from India to Sweden

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Mid-market exchange rate

Why You Can Trust Us