Send Money to Norway from India

Remittance Calculator · Live

Send Money to NORWAY

See exactly how much your recipient gets — live interbank rate, zero hidden charges, transfer fee ₹0.

Where are you sending money?

You Send (INR)

They Receive (NOK)

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Exchange Rate

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Transfer Fee

₹0.00

Arrives By

24–48 Hours

Compliance

RBI LRS Approved

vs Bank Rate (est. 2–3% markup)

You save ~—

Start Your Transfer →

LRS compliant · Indicative rate · Final rate confirmed at transaction

Popular Destinations

Where Are You Sending Money?

⚖️

LRS Limit: USD 2,50,000 / Year

Liberalised Remittance Scheme — RBI

LIVE RATES

Connecting…

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Currency

Amount

Total Cost (INR)

0.00

Rate

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Seamless Process

How to Transfer Money
from India

Sending money from India abroad is seamless with Matrix Forex. Here's how the process works in four simple steps.

1

Create Account & Add Beneficiary

Register online in minutes and add the bank details of the receiver — name, account number, SWIFT/IBAN, and bank address.

2

📄

Verify KYC Documents

Upload PAN card and Aadhaar / Passport. Our system verifies compliance with LRS regulations instantly — no branch visit needed.

3

💸

Transfer Funds

Pay via NEFT, IMPS, or RTGS. Lock your rate and initiate the transfer. We handle all SWIFT processing and compliance documentation.

4

Track & Confirm

Monitor your transfer in real-time via WhatsApp. Funds credit to the beneficiary account within 24–48 hours.

Why Choose Matrix Forex

Why Indians Trust Matrix Forex
for International Transfers

A regulated Indian partner for fast, transparent, and stress-free outward remittances.

RBI-Approved Security

Every transaction is fully compliant with RBI guidelines, tracked and secure under FEMA 1999.

Zero Hidden Charges

Transparent pricing. You see exactly what your beneficiary receives before confirming the transfer.

Fast Credit

Funds typically reach bank accounts within 24–48 hours via our SWIFT network. Same-day for early transfers.

Expert Guidance

Confused about LRS limits or TCS? Our experts guide you through documentation via call or WhatsApp.

100% Digital

Book online, upload KYC documents instantly, and track your transfer status in real-time from your phone.

Competitive Rates

We consistently beat bank rates — ensuring you save more INR on every international transfer.

Start Transfer → Call Expert

VERIFIED
& SECURE

2.5 lakh+

Happy Customers

₹4,500Cr+

Processed

~24

Avg Credit

100%

LRS Compliant

RBI Authorised Dealer Cat-II · NDL-ADII-0023-2023

About This Transfer

Sending Money to NORWAY — What You Need to Know

Sending money from India to Norway is a regular outward remittance need for Indian residents. The most common purposes are university tuition, support for employment in the energy and maritime sectors, and family maintenance. The live NOK rate is shown in the calculator above, and at Matrix Forex you transact at the interbank rate with zero markup applied.

Matrix Forex is an RBI-authorised Category II Authorised Dealer (Licence No. NDL-ADII-0023-2023). Where banks typically build a 2 to 3 percent markup into the quoted rate, we apply none, so the figure shown in the calculator is what your beneficiary receives. Norway uses the IBAN format alongside the bank’s SWIFT/BIC code, so keep both ready before you begin.

All transfers to Norway are processed under the RBI’s Liberalised Remittance Scheme (LRS), which permits Indian residents to remit up to USD 250,000 equivalent per financial year for permitted purposes including education, family maintenance, medical treatment, and private visits. TCS may apply on remittances above ₹10 lakh per FY (0 percent on education funded by an education loan; 2 percent on self-funded education and medical; 20 percent on other purposes). TCS is fully refundable against your annual income tax liability.

Transfers to Norway are sent through the SWIFT network and typically credit to the beneficiary account within 24 to 48 hours. For transfers initiated before 2 PM IST on business days, same-day processing is available, with a SWIFT reference number and status updates over WhatsApp.

Important Things to Know

Before You Send

Bank Details (SWIFT / IBAN)

Ensure you have the exact SWIFT/BIC code and IBAN/Account Number. One wrong digit can delay funds.

Purpose Codes

Select the correct purpose code (Education, Family Maintenance, etc.) to prevent rejection by intermediary banks.

LRS Limits & TCS

Remittances fall under the LRS limit of USD 2,50,000/year. TCS may apply above ₹10 lakhs, our team will guide you.

KYC Documents

Keep your PAN Card and valid Passport handy. Supporting documents (invoice/university letter) may be needed.

Timelines & Fees

Transfers usually take 24–48 hours. Same-day processing for transfers initiated before 2 PM.

Frequently Asked Questions

Sending Money to NORWAY — FAQs

What is the exchange rate to send money to Norway from India?+

The live NOK rate is shown in the calculator above and updates through the day. At Matrix Forex you transact at the interbank rate with zero markup, so the figure in the calculator is what your beneficiary receives. For a confirmed quote, submit the form and our team will call you within 30 minutes.

How long does a money transfer to Norway take?+

Transfers to Norway typically credit within 24 to 48 hours via SWIFT. For transfers initiated before 2 PM IST on business days, same-day processing is available. You receive a SWIFT reference number and status updates over WhatsApp.

What documents do I need to send money to Norway?+

You need your PAN card, a valid passport, and a purpose-specific document, for example a university invoice for education, a hospital estimate for medical treatment, or a self-declaration for family maintenance. Our team confirms the exact documents required for your specific purpose.

Is TCS charged on transfers to Norway?+

TCS (Tax Collected at Source) applies on LRS remittances above ₹10 lakh in a financial year. Education funded by an education loan is 0 percent, self-funded education and medical treatment are 2 percent, and other purposes such as travel, gifts, and investments are 20 percent. TCS is fully refundable against your annual income tax liability.

What is the LRS limit for sending money to Norway?+

Under the RBI’s Liberalised Remittance Scheme, Indian residents can remit up to USD 250,000 equivalent per financial year for permitted purposes. There is no minimum, so you can send any amount up to this limit within the financial year, which runs from April to March.

Is Matrix Forex authorised to process transfers to Norway?+

Yes. Matrix Forex is an RBI Authorised Dealer Category II (Licence No. NDL-ADII-0023-2023). Every outward remittance to Norway is LRS-compliant and FEMA 1999 compliant, processed through the SWIFT network with documented receipts.

What bank details do I need to send money to a bank account in Norway?+

To credit a Norwegian bank account you need the beneficiary’s name, their IBAN, and the bank’s SWIFT/BIC code. Norway is an IBAN country, so the account number is contained within the IBAN. A single incorrect character can delay the transfer, so our team verifies the details before processing.

Send Money to NORWAY