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ENTRY INDIA - An India Business & Travel Guide



Market exchange rate as of
43 Minutes ago



Comparison of Dollar to Rupee Exchange Rates

The Indian Rupee is the official currency of India.

Non-Resident Indians (NRIs) remitted nearly $70 billion to India last year. But even so, most NRIs wonder if they are using the right service provider for sending money to India. Is it safe to use this service? How long will it take before the money reaches the destination? Am I getting competitive exchange rates? Should I wait for a few days to transfer money to India to get a better rate?

To answer these questions, we have prepared a table of financial institutions that send money to India as shown below. Exchange Rates vary by the transaction amount and the method of transfer. The rates and fee shown to send money to India are for online transfer of under $1000 from USA.

Scroll past the rate table to see the Exchange Rate Discussion Board.

Institution
 ₹ Per $ 
Type
Fee Time Comments


Learn more..

1-855-205-5577

73.66

Fixed
0.005 Days
  • Get upto 30 paisa extra on your First transaction
  • Best Exchange rates
  • 0 fees
  • Fixed exchange rates
  • Safe & Secure
  • Track the status of your remittances
  • For assistance, write to us at remitmoney@remit.in
  • Hassle free process


Learn more..

1-866-424-2448

72.55

Fixed
0.004 Indian banking hours (Express) or 5 business days (E-transfer)
  • ZERO service charge on transfer above $1000
  • Fixed Exchange Rates
  • ACH mechanism of fund transfer to all ICICI Bank account and credits into 100+ Bank accounts in India via NEFT and IMPS clearing
  • Email/ SMS alerts on fund transfer status
  • Anytime, anywhere access through Money2India App
  • Standing Instructions facility with Higher Fund Transfer Limits


Learn more..

+91- 22- 4406 6666

72.95

Fixed
0.003 - 5 Days
  • $0 Fee to transfer any amount
  • Fixed exchange rates
  • Transfer money to any bank in India
  • Ongoing Promotion: First transaction of over $500 will get you $10 amzon gift card for online shopping


Learn more..

1-866-808-2703

73.13

Fixed
0.002 - 3 Days
  • Money2anywhere.com has $0 fees for above $1000 transactions and $1.99 fees for below $1000.
  • Guaranteed Exchange Rate
  • Bank Transfer (ACH mechanism) takes 24-48 hrs for transfer
  • Unlimited amount for bank deposit or draft delivery at home
  • Bank draft delivery at home takes 3 days only
  • Xpress Money option delivers cash at agent locations immediately (Rs. 50,000 max.)


Learn more..

1-888-736-4886

73.27

Indicative
5.002 Days
  • Free $25 Amazon voucher on first transaction   
  • Zero fees for transfer above $999
  • Option to choose guaranteed or indicative rate
  • Transfer takes 4 days* for ACH and 1 day* for wire transfer
  • No upper limit on transaction
  • Method of receiving in India is bank deposit
  • Get Rs. 1000 with every referral, who registers and transacts
  • For assistance, mail at info@remit2india.com or call toll free at 1-888-736-4886


Learn more..

1-888-REMITLY

73.68

Fixed
0.004 Indian banking hours (Express) or 3 business days (Economy)
  • $0 fee for transfer over $1000. Fee of $1.99 for transfers below $1000.
  • Guaranteed Exchange Rate
  • Take 3 to 5 business days to transfer from your Bank account
  • Take 4 hours (India banking hours) if money is transfered using Debit Card
  • Deposits can be made to all the major banks in India
  • 100% Money-Back Guarantee
  • 24/7 Customer Support


Learn more..

1-877-443-1399

73.11

Fixed
0.003 Days
  • $0 transfer fee via debit card
  • Great exchange rates
  • Deposit to almost any bank in India within 24 hours
  • Cash pick-up available
  • 100% Money-Back Guarantee
  • More than 230,000 Worldwide Agent Locations in more than 130 Countries


Learn more..

1-212-521-3284

72.85

Indicative
0.004 - 5 Days
  • $0 fee for online transfer to SBI Banks and fee of Rs. 6 for online transfer of amount less than $500 to any other bank
  • Foreign Currency Conversion charges of Rs.250/- levied on every remittance.
  • Service tax of .14% or Rs. 35 (whichever is higher) for amounts upto Rs. 100,000 received in India
  • 2 days for transfer to account in SBI bank and 4-5 days to accounts in other banks
  • Min remittance amount in a single transaction is $50
  • Max remittance of $10,000 in a single transaction to account in SBI and of $5000 in account with any other bank
  • Other Transfer modes: Instant transfer, SWIFT/Wire transfer, Draft Cashier's Cheques and Foreign currency cheques.
     


Learn more..

1-888-973-6383

73.00

Fixed
0.003 Days
  • Highest Locked-In Exchange Rate Guarantee
  • Instant Bank Deposits to Bank Across India
  • Cash PickUp to Over 20,000 Location Across India
  • No fee for transfers over $1,000
  • Minimum amount to send $50, Maximum amount $2,950
  • 24/7 Customer Service and Live Web Chat
  • Accept ACH & Credit Card for payment
  • Remittance can also be made in person at their agent location


Learn more..

1-877-989-3268

72.92

Fixed
10.003 Days
  • The rate shown is for the city of Edison in New Jersey, USA. The exchange rate differs depending on the location of transfer (over 47000 locations in US)
  • Rate given at the location of transfer is Guaranteed
  • Money in 3 business days: Fees of $10
  • Best option in case of emergency, money received with-in mins
  • Send money by visiting agent location or online direct bank transfer/credit/debit card
  • Receive money by direct credit to bank account (including NRE/NRO) or cash pick up at a western union agent location


Learn more..

1-877-815-1531

72.17

Fixed
4.991 - 4 Hours
  • Fee of $4.99 if paid with a US Bank account and fee of $29.99 if paid with Debit/Credit card. This fee is based on $1000 transfer.
  • Guaranteed Exchange Rate
  • Bank deposits within 24 Hours to most bank accounts in India
  • Other modes of delivery in India: Cash Pickup by recipients, Cash Delivery

Discussion Board

Exchange US dollar to Indian rupee

I am in Delhi and want to exchange $150 to Indian rupees. Please message me here to help me exchange.

- Navin

     
Remitly: Displays wrong exchange rates

Remitly exchange rates, which are being displayed in this website is not correct anytime. I have observed this for past six months. It shows the exchange rate with 30-40 Cents more than what they offer. Don't know if the issue is on this Entryindia.com website or from Remilty

     
Remitly

This is the best an excellent mode of transferring your money to India. I have been using this service since 5 years and have not received any issue. 

     
Currency Exchange

I am travelling to India early December 2016 .

1. Can I exchange my old  500 & 1000 Rupees at the Indira Gandhi International Airport ? My parents were from India and I am a Malaysian

2. Can I exhange Ringgit Malaysia to Indian Rupees at the Indira Gandhi International Airport ?

3. What time does the money Exchange counter operates at the Indira Gandhi International Airport ?

 

 

     
TRANSFAST IS a BIG FRAUD!!!!!!!!!!!

-I booked on transaction with rate of 1USD=66.95INR on 11.9.2016 morning @ 7.50 am, received confirmation email.

-Afternoon 1.15pm on same day received mail saying that because of system error we are cancelling your transaction. that time rate was dropped to 

1USD=65.95INR

-I called customer care asking the reason about cancelling, was not having any answer but lady told me to go ahead and book fresh transaction of same amout and she will give me the same rate which was given for morning transaction 1USD=66.95. I did what she told me, but received email showing lower rate (1USD=65.95INR)

-I emailed this to TRANSFAST security team and ask for clarification, he clearly denied for any such possbility of changing rate over call, WTF!!!

-Again I called customer care on 11.10.2016 morning 7.25 am, he was saying same thing that we cant give you the orginal rate (1USD=66.95 INR)

anybody in intreseted to see all the details please reply with your email ID I will share. And request you to not trust TRASFAST for sending money to INDIA.

     
Internal Process Error

Pramod,

We are very sorry for your recent experience from 11/9, we experienced an internal error with our processng system which affected several transaction details. Before we faced the risk of incorrectly transferring the funds, we were forced to cancel these transactions. We apologize for any inconvenience you may have experienced as we take all these matters very seriously. We issued a fix right away and this solution was put in place to make sure errors like this cannot happen again. 

Thanks,

Your Transfast Team 

     
Error

It's poor customer service just tell customer SORRY, I request all people NOT to use youe srvices. Seems like a FRAUD.

 

     
1000rs Ban impact ??

Will the 1000rs and 500rs ban in india impact the dollar rate exchange ?

     
Best Rate by Remitly

Remitly is giving the best rate among all remittance service providers for new customers and for existing customers as well. I transfered through remitly and i got money on time. I prefer remitly.

     
Best Rate and Service by Remitly

I totally agree with Ashok, I also joind Remitly and did lot of transaction and they have best rates and on time... compare to all other service providers.(ICICI, Axis, SBI, ....etc) I will recomend all of my friends to use Remitly.

     

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