Compare money transfers from Norway to India

Norway, known for its natural beauty, strong economic and social policies, and friendly locals, is considered one of Europe's most attractive expat destinations. People from all over the world relocate to Norway, drawn by employment opportunities, excellent education, and a high standard of living.

Living in Norway as an Indian

According to the data provided by the Ministry of External Affairs of India, 22,480 Indians are currently living in Norway. The number includes Non-Resident Indians (NRIs) and People of Indian Origin (PIOs). A lot of Indian nationals in Norway are highly qualified professionals working in IT, engineering, healthcare, and finance.

Are you looking for a job in Europe as an Indian? Check out our blog to boost your career.

One of the biggest challenges Indians face in Norway is weather conditions. The country is located in the northern hemisphere, meaning the weather can be very different from that in India. Newcomers have to adapt to cold winters and cool summers, heavy rainfall throughout the year, and strong winds. Despite the drastic difference between the two countries, Indians have no problem integrating into Norwegian society. They also maintain strong ties with loved ones back home and try to support their family members in India in every way they can. Hence, the question of how to send money from Norway to India always stays relevant.

When it comes to global remittances, it is essential to consider the Norway currency to INR exchange rate to maximise the value of your transfers. Today's article discusses the most popular ways to transfer money from Norway to India. We’ll walk you through the offers of five go-to money transfer companies and make a comparison. What are the 1 NOK to INR rates these companies provide? How long does it take to get your remittance delivered to India? And most importantly, what is the best way to send money to India from Norway? Let’s find out together.

Remitting from Norway: currency to INR and fees

Your remittance experience does not just depend on the amount of fees you pay but also heavily relies on exchange rates as it directly affects the overall costs. Stay informed on what leading transfer companies offer when you send money to India from Norway. We will compare five different providers so you can decide what option suits you best and satisfies your needs.

Paysend

Paysend is a UK-based money transfer service that allows users to send money to friends and family in over 150 countries worldwide. Users can remit through their mobile app or website, and recipients can receive funds directly to their bank account, card, or mobile wallet.

Keep this in mind if you make a money transfer from Norway to India using Paysend:

• 1 Norwegian krone to Indian rupees = 7,7269.
• When transferring 2,000 NOK, your recipient will get 15,260.71 INR;
• The fee on the transfer amount above is 25.00 NOK.

Wise

Wise, formerly known as TransferWise, is a famous international money transfer company that enables users to send money to over 70 countries via the website or mobile app. It also offers a multi-currency account and a debit card, allowing users to hold and manage money in several currencies.

Here’s what Wise offers when you send money from Norway to India:

• 1 NOK to INR = 7.81624;
• 2,000 NOK = 15,512.11 INR;
• A fee of 15.4 NOK.

Remitly

Remitly is a digital money transfer service that allows users to send money internationally through the app or website. You can choose two delivery methods: Express, which provides faster delivery but charges a higher fee, or Economy, which takes longer but offers lower fees. Depending on the destination country, recipients can receive funds through bank deposits, cash pick-up, or mobile wallets.

Some essential numbers when you transfer money from Norway to India with Remitly:

Norway currency to Indian rupees rate is 1 NOK = 7.86INR; 2,000 NOK = 15,480 INR; Your first remittance is fee-free, then NOK 29.90.

Western Union

Western Union is a global money transfer service with a vast network of agent locations spanning over 200 countries and territories. Users can send money in person, online, or through the mobile app. Recipients can obtain funds through bank deposits, cash pick-up at agent locations, or mobile wallets.

1 Norwegian krone to Indian rupees = 7.7625; 2,000 NOK = 15,524.98; No commission on your first remittance.

Profee

Profee is a reliable international money transfer provider offering fast, easy, and secure remittances from Europe at low cost. Customers can send money from Norway to India and 60+ other destinations. The service is known for its transparent approach with no hidden commissions, low fees and favourable exchange rates.

Here’s what you can expect when you send money to India from Norway via Profee:

• Norway currency to Indian rupees rate: NOK 1 = INR 7.889555;
• 2,000 NOK = 15,779.11 INR;
• There is no commission on your first remittance.

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Speed

When you send money from Norway to India, the speed of delivery typically depends on the processing time of your recipient's bank. Therefore, it is crucial to note that the timeframe for delivery may vary and is often beyond the control of the money transfer company itself.

When a company claims delivery time is only a few minutes or several hours, it's essential to understand that this statement pertains solely to the processing times within their sphere of control.

The actual delivery time frame depends heavily on the recipient's bank. We recommend remembering that when making a money transfer from Norway to India to avoid unpleasant surprises. Planning your remittance could be an excellent idea for achieving the best results.

So, what company offers the best Norway currency to INR rates?

The comparison showed that Profee provides customers with the most favourable exchange rate — 1 Norwegian krone to Indian rupees equals 7.889555. Not only that, but the company offers zero fee for your first transfer. Remittances usually arrive within minutes but, in some cases, might take up to two days due to your recipient's bank processing times.

Aside from offering the best Norway currency to INR exchange rates and low commissions, Profee also proves to be a very secure way to send money from Norway to India. The company is operated by a licensed Electronic Money Institution. Profee gets certified according to PCI DSS standards annually. It is a European provider that adheres to EU regulations. Besides, Profee implements various security tools and measures, such as Tier4 data centres, to ensure customers' safety.

There are a lot of other perks of using Profee. For example, the company offers three account types with different sending limits; opening all of them is free. To increase your limit, you only need to submit additional documents, such as proof of address.

Profee has global coverage, enabling clients to transfer to 60+ countries worldwide. You can also participate in the referral program and earn EUR 10 for every friend who joins using your referral link and makes a remittance of at least EUR 100. On top of that, the referee also gets a reward of EUR 5 upon their first transfer. It’s a great way to maximise your transfer experience.

Fancy trying it out yourself?

Learn how to send money from Norway to India via Profee

• Choose India as your destination country, pick the desired currency and the amount you’re sending;
• Complete a fast registration—it takes less than 10 minutes to get started;
• Enter the transfer details, such as your recipient’s bank account number;
• Specify a payment method: bank card, Google Pay, or bank account.

When there are so many options available on the market, it is easy to get confused. We hope you found this article helpful and you can now make an informed decision. When choosing how to send money from Norway to India, it is crucial to consider both the amount of fees and exchange rates. We also recommend paying attention to security measures a given company takes, transfer limits, and transaction transparency.

Today's comparison highlights Profee as offering the most favorable Norway currency to INR rates and additional benefits. Transfer money on the best terms and make every krone count. With Profee, supporting loved ones is made secure, fast, and efficient. Try out Profee money transfers today.