Connecting Businesses with Opportunities in India

ENTRY INDIA - An India Business & Travel Guide



Market exchange rate as of
19 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

69.29

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

68.72

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

69.40

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

69.22

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

69.34

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

69.72

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

70.38

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

69.25

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

69.50

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

69.54

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

69.24

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

Trasfast is worst-2nd Bad experince

I made trasfer using trasfast with option selected 3-5 day. Trasaction was not cleared after one week. when i contact i got reply like they forget to release fund.

after that i did not use trasfast for long time. i was using xoom and feeling happy. just recently again i used Trasfast and after 5 working days still i am waiting to clear trasaction. i try to contact Trasafast using Live chat but no Reply.

for geting only 20 paise more than xoom  we are giving  big amount to transfast for more than 7 days.

Also i used Ria Money Trasfer, Rate is more than Trasfast and quick deposit. i like it.

     
be careful with Xoom

I sent money through Xoom to a Axis bank account and Xoom claims they transfer instantly or within 4 hrs. But even after 30 hrs+ , still the money has not reached and Xoom don't know either when money will reach and they say due to some technical reason. When I request for cancellation, they say they return money within 4 days. Be careful with Xoom, if you think they send money instantly or you can cancel the transaction easily even if the issue is with them.

Thanks,

KvBm 

     
Fake post from KvBm

This is fake post from KvBm. Never trust the name start from Remit.

I had a good experience with them. Worst customer service . 

My experience are they did not transfer money in time for my 

Dad hospital. They took 60 days. Because of them I lost my dad.

As promised they did not send money in time. They promise they won't do anything.

Be careful .

 

 

 

 

     
Really happy with remitlite services

RemitLite is a most secure money transfer site to date. RemitLite is the most cost efficient and fastest money transfer system I have used.  and as well RemitLite is the cheapest, most convenient,reliable and fastest way to send money..no standing in line like other places to send money . yes in emergency I can do it from office and the comfort of my home on my computer. I have sent money many times with RemitLite and it has always been available immediately and never a problem for the receiver...I would recommend RemitLite to anyone who needs to send money with trust on Remitlite.

     
Try Placid - Best Money Transfer Service

I have done lot of research on money transfer services and tried almost all available services including Xoom, Transferwise. As per my experience, I found Placid Express best for money transfer to India and other asian countries. It gives highest exchange range for every transaction. There is no transfer fee if you transfer from Bank to Bank account. They have weekly limit of $2400, but I think that is fine for most of us. If anybody interested, they can try it https://www.placid.net.

 

     
Very good service

These guys have been around for awhile but their online service is fairly new. They are not licensed in all states and the transfer limit is somewhat low. Good exchange rates and they seem to know what they are doing. 

     
I am hearing it for the

I am hearing it for the first time.

     
Money transfer using Placid express

Hey,

I ve just did a money transfer with Placid Express. They are awesome!

They always provide better exchange rate from others.

     
OXIGEN USA IS FRAUD

I just filed for a Dispute with my Bank since Oxigen charged my account and not transferred the money!

     
Oxigen has not sent money even after 25 days!

I wrote earlier also and i am still waiting for Oxigen to complete my Money Transfer, or refund my money in the US. They are not doing either...they seem to not know where the money is.

Pathetic...cheaters they are!

     

Pages

New post