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Get Best Rates for India to Sweden Money Transfer

Get exclusive rates for sending money from India to Sweden from top providers & banks. Compare rates, book online and get credit in 48 working hours!

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5%+ better than
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Powered by India’s Leading
Exchange Houses & Banks

How to Send Money to Sweden from India?

1
Book & Verify

Compare live rates from trusted exchange houses and banks online. Book & get KYC verified.

Book & Verify
2
Transfer Funds

Securely transfer funds to your chosen exchange house or bank via NEFT/RTGS.

Transfer Funds
3
Get Credit!

Sit back and relax! Your beneficiary will receive the funds within 48 working hours.

Get Credit

Why People Prefer and

Trust

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34%

orders from customer referrals

200cr+

saved for customers

100%

On Time Transaction

9+

years of experience

Experiences from our customers

Real experiences from people who've trusted us with their currency and transfer needs.
R

Ravi Krishnamurthy

Money Transfer

It has been a really wonderful experience remitting fees for my daughter for her university through Extravelmoney. The rates are very competitive and ease of operation also. Money reached the university with in 24 hours, that was pretty fast.

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S

Subhradeep Haldar

Money Transfer

My parents have been using their services since 2020, to remit funds to me in Poland. The executives are very helpful and responsible. Never had any issues with them and I do recommend using their services.

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K

Kishore Reddy

Currency Exchange

Sold Pounds almost at 14 paise less the running rate. Extravelmoney shows you all forex sellers near your vicinity, simply choose one of them, show your ID proof and collect money! The best feature is the price lock option which was very beneficial in my case.

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S

Sanketh Rao

Money Transfer

This has been the easiest and most economical way to transfer money to Canada. I got in touch with them through a friend's recommendation. Ms. Mary processed things for me so quickly. Even after moving to Canada, I used their service, again happened absolutely seamlessly.

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V

Vaishnav Meduri

Money Transfer

Did a transaction for the first time for my son's education requirements for 20k USD. Got a savings of INR 25k compared to bank rate card. A friendly economical service by Extravelmoney.

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Sanoj Sudhakaran

Forex Card

I booked Malaysian Ringgit currency and Singapore dollars in forex card from ExTravelMoney at 1 AM, got a call from the team within 5 minutes and got currency and card delivered by 4 PM. Really impressed with their services. Will recommend them, 10/10!

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Why Send Money to Sweden via ExTravelMoney?

Marketplace
Advantage

Being a Forex marketplace, every exchange house here tries to outbid others. Result, you get the best exchange rate in the market!

Fast Processing

We understand your commitments and that is why we strive to complete every transaction, the same day of placing the order.

Zero
Commission

We charge absolutely zero commission on every transaction. No hidden charges either! Pay directly to the chosen exchange house or bank.

Personal Advisor

You will have a dedicated personal advisor who will guide you throughout the process. Get accurate information and guidance on KYC, TCS and everything else.

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Excerpts From the Press.

...Travelers can compare the rates of various dealers in their city and get forex delivered...

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...Extravelmoney ensures a smooth experience for customers while transferring money abroad..

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...For students, these cost-saving measures can result in annual savings of ₹30,000 to ₹50,000 ...

The Hindu Business Line

Send Money From India To Sweden

Currency Conversion

Best Way to Transfer Money from India to Sweden

The best way to transfer money from India to Sweden is by wire transfer through the SWIFT network, a secure, fast and widely used international payment method. ExTravelMoney is an online marketplace that facilitates SWIFT wire transfers by connecting you with RBI’s AD-Category II licensed exchange houses and prominent banks all over India. Our platform allows you to compare exchange rates and fees from various providers and choose the most cost-effective solution at zero platform fees.

How to Send Money from India to Sweden Online?

  • Compare Rates & Pick the Best Deal -Enter your transfer amount, and we'll show you the most competitive rates from our partners.
  • Share Documents and Details -Upload your KYC documents and your beneficiary's Swedish bank details for secure verification.
  • Make the Payment -Send the transfer amount to your chosen provider using NEFT, RTGS, or the provided online payment gateway.
  • Your Money is on the Way -Your money will arrive in your recipient's bank account in Sweden within 4 to 48 hours, and we'll keep you updated throughout the process.
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Common Purposes for Sending Money from India to Sweden

Under the RBI’s Liberalised Remittance Scheme (LRS) , Indian residents and NRIs can send money to Sweden from India for approved purposes by submitting the required KYC documents. You can send money from India to Sweden for the following purposes and many others.

  • Educational payments
    Sweden is home to world-class universities like Lund University, Uppsala University, and the Karolinska Institute. Support your educational pursuits or those of your loved ones by sending money for tuition fees, living expenses, and other costs related to studying in Sweden.
  • Family Support
    Maintain strong connections with your loved ones in Sweden. Provide financial assistance to family members residing in Sweden for any reason.
  • Tourism
    Experience the beautiful landscapes and rich culture of Gothenburg and Stockholm. Enjoy a memorable trip or support loved ones on their travels by sending money for flights, accommodation, tours, and other travel-related expenses.
  • Emigration and Visa Fees
    Sweden offers diverse job opportunities for skilled professionals. Indians can send money to Sweden for work visa processing and other migration-related paperwork.
  • Gift Payments
    Show your appreciation to friends and relatives in Sweden. Send a thoughtful gift to them for special occasions or celebrations.
  • NRI Repatriation
    Non-resident Indians (NRIs) can transfer their income earned in India from their Indian bank accounts to their Swedish bank accounts through NRI repatriation.

Documents Required for Money Transfer from India to Sweden

1
Sender’s Government-issued photo ID proof (Passport/Voter’s ID/Aadhar Card)
2
Sender’s PAN card copy
3
Filled A2 Form (will be provided) and declaration signed by the sender
4
Purpose proof (as instructed)
5
Beneficiary passport copy

Beneficiary Details to be Shared

  • Beneficiary Name & Address in Sweden (as mentioned in the bank)
  • Bank Name & Address
  • SWIFT Code & Routing number
  • Account Number

Charges for Money Transfer from India to Sweden

Charge Type Description Average Amount Charged
Currency Conversion Rate The exchange rate at which INR is converted into SEK. Varies with live market rates and city
Sending Bank Charges Processing fee charged by the partnered bank or remittance provider. ₹300 – ₹600
Intermediary Bank Charges Deducted by intermediary banks in the SWIFT network. Can avoid deduction
by paying forefront with the ‘OUR’ option.
₹1,500 – ₹2,500
Beneficiary Bank Charges Processing fee deducted by the beneficiary bank in Sweden. Varies by bank

Check Live Swedish Krona Rate

How Long Does a Money Transfer from India to Sweden Take?

We understand that timely transfers are important to you. When you send money to Sweden through ExTravelMoney, your funds shall reach the beneficiary within 4 to 48 working hours.

To ensure your transfer is processed as quickly as possible, we encourage you to send your payment before 2 PM IST as this allows us to initiate your wire transfer on the same day. Also, be mindful of weekends and bank holidays in India, the USA and Sweden as it can sometimes cause slight delays in processing.

Maximum limit for money transfer from India to Sweden

ExTravelMoney adheres to the RBI’s LRS annual limits for money transfers to Sweden. We do not impose any additional daily, monthly, or annual limits beyond the LRS limit.

Residential Status Account Type Maximum Remittance Limit
(in a financial year)
USD INR (approx) SEK (approx)
Resident Indian Savings Account 250,000 2,17,00,000 2,381,875
Non-Resident Indian NRO Account 1,000,000 8,69,00,000 9,526,123
NRE Account No limit No limit No limit

Transfer Money to 100+ Countries

Frequently Asked Questions

1. What are the fees for sending money to Sweden from India via Extravelmoney?

While Extravelmoney doesn't charge a fee for sending money to Sweden, there might be fees from your bank/money changer and intermediary banks. We'll show you all applicable fees and our exchange rate in your order summary before you finalise your transfer, so there are no surprises.

2. What factors affect the time it takes to send money to Sweden?

Several factors affect money transfer timing to Sweden: Sending, intermediary and beneficiary bank processing, time-zone differences, weekends/holidays, regulatory checks, or even incorrect or insufficient payment details from the sender's side. For more details on avoiding delays, read our blog: 7 Expert Reasons for International Money Transfer Delays.

3. What should I do if I have a problem with my money transfer to Sweden?

If you have a problem with your Sweden money transfer, first check the status online. If the issue persists, contact Extravelmoney support immediately with your transfer details. We're here to help!

4. Can I use Extravelmoney to pay my tuition fees at a Swedish university?

Yes of course! Using Extravelmoney for your tuition payments can often be faster and more convenient than traditional methods. Contact us to find out how we can help you pay your Swedish university fees and all other education-related expenses.

5. How can I transfer funds to Sweden for my film production expenses?

You can transfer funds to Sweden for film production expenses through traditional service providers like banks and money transfer companies. You can also opt for online forex aggregators like ExTravelMoney for exchange rate comparison and online processing.

6. How can I transfer money from India to Sweden online?

You have several options for online money transfers from India to Sweden: Your bank's NetBanking portal or app, wallet-based money transfer apps, and online forex aggregators like Extravelmoney. Extravelmoney lets you compare rates and services from different providers to find the best option for your needs.

7. Do I need to have an account in the particular bank I choose for the transaction?

No, you don’t need to have an account with the bank you choose for your money transfer to Sweden. Unlike traditional banks where only account holders can make outward remittances, ExTravelMoney gives you the freedom to send money without opening a new account or undergoing any registration process.

8. How will the recipient in Sweden receive the money I send?

The funds you send will be electronically transferred and credited to the beneficiary's bank account in Sweden.

9. What are the accepted payment methods for initiating a money transfer to Sweden?

Bank and RBI-authorised money changers partnered with ExTravelMoney accept payment as NEFT, RTGS and through a payment gateway.