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Money from Sweden

Certification by the World Bank

The World Bank has identified 12 mandatory minimum requirements for a national price databases for transferring money abroad. The World Bank certifies those databases that meet the minimum requirements and allows them to use the symbol shown below.

  1. Two price points when the data is collected

  2. Collection of fees for the sender

  3. Collection of the applicable exchange rate

  4. That the total amount of the identified costs is shown

  5. Speed of the transaction

  6. Type of service

  7. At least 60 per cent market coverage per recipient country

  8. Market-independent survey company

  9. Secured quality of the price information through “mystery shopping” (collecting facts by acting as a customer)

  10. No advertisements

  11. No subscription requirements and a clear funding process

  12. Linkage to other databases approved by the World Bank

Download the World Bank’s policy document concerning price comparison databases for remittances here: The World Bank’s standard

Last reviewed:4 juni 2021

The service is run by the Swedish Consumer Agency and is certified by the World Bank.

Money from Sweden is a government-funded online service that compares the fees and exchange rates for transfers abroad. The web service is free, completely independent of all players in the market and is operated by the Swedish Consumer Agency.[MFS] Logo - World bankKonsumentverket logotyp - exakt