Send Money to India

Send money to India online - Cheapest way to Transfer money to Indian Cities and Villages, Learn More about Sending Money to India

There was a time when your only options to send money to India was Western Union, or possible a wire transfer. Thanks to the advancements in technology, there are new and exciting ways that you can handle this without having to do too much effort. Many options can now be done over the internet from the comfort of your own home. Just make sure you understand the charges that can be attached to some of these methods.

Since each person will have different preference in determining the standard of good service in sending money internationally, the basic thing you have to check is the reliability, the convenience, the speed, the exchange rate and if there is any fees on the sending process.
Sending money to India by check is not preferable for those who need to send the money fast. The overall process can take about 6 weeks and it’s definitely not efficient. For a fast and good exchange rate, sending money through bank wire transfer can be a good choice. It can be considered as the best way to send money to India. If you are about to send huge amount of money to India since the fees is about $40 per transaction. The other option is sending money by ACH transfer which start to be popular since it is free and the entire process can be done online.
The ACH transfer enables you to send money from your local bank to the Indian bank account through the internet with the entire process takes about 5 business days. The ACH transfer has several options for you to choose as you like. They are the SBI Express Remit, Remit2India, ICICI Remit or also known as Money2India, HDFC QuickRemit and CitiBank Online Remit. The other method you can consider is sending money by PayPal, by debit card, with a demand draft, and by Western Union or MoneyGram. Each option has different advantage and disadvantage; it depends on your specific preference to determine which one will be the cheapest way to send money to India.

  • As mentioned before one great way to send money to India is a wire transfer. This can be initiated through your bank. When you contact them you will need to have your account information available so they can help you with the process. Be sure that you also have positive identification with you. In connection with this, many people are finding that an ACH or direct debit is a popular choice. This is a digital form of sending a check, and the money is pulled from your account and placed into the receiver’s account. You also won’t have to worry about converting funds before you send it.

  • Online payment sites have begun to increase in popularity for people looking to send money to India. With online companies like PayPal and MoneyBookers, you can transfer funds with a credit card or your bank account in a matter of minutes. This is often the best solution for the individual looking to send money quickly and effectively.

    Keep in mind that these are only some of the options you have available. It is generally a good idea to do your research before you choose to go with any way of sending money. Your funds were worked for, and you need to make sure that you don’t risk losing them.