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Get Best Rates for India to Denmark Money Transfer

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

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How to Send Money to Denmark 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.

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On Time Transaction

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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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R

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 Denmark 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 ...

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Send Money From India To Denmark

Currency Conversion

Best Way to Transfer Money from India to Denmark

The best way to transfer money from India to Denmark is by wire transfer through the SWIFT network. ExTravelMoney is an online marketplace connecting you with RBI’s AD-Category II licensed exchange houses and prominent banks all over India. You can compare and get the best exchange rates and lowest bank fees compared to directly approaching them, and that too with zero platform fee.

How to Transfer Money from India to Denmark Online?

  • Compare Rates and Find the Best Deal - Let us know how much you want to send. We'll instantly show you the best rates from our trusted partners.
  • Quick Verification - The selected money transfer partner will need your KYC documents and your beneficiary's bank details to ensure everything is secure and compliant.
  • Make a Payment - You can choose a suitable payment method (NEFT, RTGS, or online payment gateway) and send the money to your chosen provider.
  • Track Your Transfer - Sit back and relax! Your money will arrive in your recipient's bank account in Denmark 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 Denmark

Under the RBI’s Liberalised Remittance Scheme (LRS), Indian residents and NRIs can send money to Denmark from India for various purposes by submitting the required KYC documents. Here are some of the most common reasons:

  • Educational Payments
    Many Indian students choose Denmark for its high-quality education in fields like engineering, business, and design. Send money for tuition fees, living expenses, and other educational costs at renowned institutions like the University of Copenhagen, Aarhus University, the Technical University of Denmark and more.
  • Family Support
    Provide financial assistance to family members residing in Denmark, be it covering their daily needs or expressing your love on special occasions.
  • Tourism
    Experience the charm of Denmark, from the colorful Nyhavn harbor to the historic castles. Enjoy a memorable trip or support loved ones on their travels by sending money for flights, accommodation, tourist agents, and other travel-related expenses.
  • Gift Payments
    Show your love and appreciation to your friends in Denmark. Send a thoughtful amount as a gift to them for financial needs or celebrations.
  • NRI Repatriation
    Non-resident Indians (NRIs) can easily transfer their income earned in India from their Indian bank accounts to their Danish bank accounts by the process of NRI repatriation.
  • Emigration and Visa Fees
    Denmark welcomes immigrants from around the world, including India. Send money to cover your visa fees, relocation costs, and other immigration-related expenses.

Documents Required for Money Transfer from India to Denmark

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 Denmark (as mentioned in the bank)
  • Bank Name & Address
  • SWIFT Code & IBAN
  • Account Number

Charges for Money Transfer from India to Denmark

Charge Type Description Average Amount Charged
Currency Conversion Rate The exchange rate at which INR is converted into USD (US Dollars). Varies with live market rates and city
Platform Fee The service fee for using the platform and processing the transaction. Nil
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 Denmark. Varies by bank

Check Live USD Rate

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

We understand that timely transfers are important to you. When you send money to Denmark 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. This allows us to initiate your wire transfer on the same day. Also, be mindful that weekends and bank holidays in India, the USA, and Denmark can sometimes cause slight delays in processing.

Maximum limit for money transfer from India to Denmark

ExTravelMoney follows the RBI’s LRS annual limits for sending money to Denmark from India. We do not exercise any daily, monthly, or annual limits apart from the LRS limit.

Residential Status Account Type Maximum Remittance Limit
(in a financial year)
USD INR (approx) DKK (approx)
Resident Indian Savings Account 250,000 2,17,00,000 1,860,000
Non-Resident Indian NRO Account 1,000,000 8,69,00,000 7,460,000
NRE Account No limit No limit No limit

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Frequently Asked Questions

1. Are there any hidden charges when sending money to Denmark through ExTravelMoney?

No, there are no hidden charges when sending money to Denmark via ExTravelMoney. We don’t charge any service or platform fees beyond the offered exchange rate. However, fees from your chosen bank or service provider may apply, which are beyond our control. All charges and the exchange rate are clearly displayed in the order summary before you confirm your order.

2. Will I have to pay taxes on money transfers to Denmark?

Overseas remittances from India are subject to GST (Goods and Services Tax) and TCS (Tax Collected at Source). While GST is mandatory, TCS depends on the purpose and amount of your transfer. To understand the tax implications and exemptions, check out our blog: How Much Money Can You Send Abroad from India Without Tax?

3. How does ExTravelMoney offer better exchange rates than other money transfer services to Denmark?

ExTravelMoney is a forex aggregator with an online marketplace of 6,000+ RBI-approved money transfer providers in India. This wide network allows us to negotiate and fetch wholesale exchange rates. As a result, we offer more competitive rates than traditional services, helping you save more on every transfer.

4. Do I need to visit a bank physically to transfer money to Denmark?

You can send money through your bank’s app or visit the nearest bank branch to send money to Denmark.

5. How can I avoid high transfer fees when sending money to Denmark?

You can avoid high transfer fees by using online forex aggregators like ExTravelMoney. We don’t charge any processing fees other than the transfer fees applied from your chosen bank or money changer. However, thanks to our partnerships with banks and RBI-authorised money changers, you’ll benefit from lower transfer fees and competitive exchange rates when booking your transfer through us.

6. Can I track the status of my money transfer to Denmark?

Yes, you can track the status of your money transfer to Denmark through ExTravelMoney. Simply log in to your account, go to ‘My Account’, select your transaction, and click ‘View Status’ to get real-time updates.

7. Can I get a total cost estimate before I start a transfer?

Yes, you will see a complete order summary before placing your order. It includes details on the applied exchange rate, bank charges, GST, and TCS, ensuring full transparency on the total cost.

8. 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 Denmark. 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.

9. Is there a limit on the number of transactions I can make to Denmark in a year?

No, there’s no limit on the number of transactions you can make to Denmark through ExTravelMoney. You can send money as many times as you like, as long as the total transaction amount stays within the RBI’s prescribed annual limit ($ 250,000) under the Liberalised Remittance Scheme (LRS).

10. What are the accepted payment methods for initiating a money transfer to Denmark?

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