Top 10 ways to send money to India

Transfast

This is a global money transfer company that has greatly reduced its fees and increased its exchange rates. If you are new customer and willing to wait for a few days for transfer, Tranfast is offering high promotional exchange rate and a $0 fee. This is one of the money transfer companies that could give you a lot of rupees from your dollars. Due to its $0 fee, Transfast is most certainly the lowest cost way to send money to India.

Click here for more details : https://www.transfast.com

Western union 

Western union is very fast and reliable. Nevertheless, this money transfer company charges higher fees for transfers that are made by an individual at a Western Union agent shop. If the receiver would need to pick up the money in cash, the fees would still be high.

Click here for more details : https://www.westernunion.com/ca/en/home.html

Ria Money Transfer

This money can be transferred from the bank account. The company provides a better exchange rate and $0 fee for transfers that would take 3-5 days. It can send money to any bank in India, therefore, it is very reliable and convenient locally in India. Due to its consistently cheap fees and good exchange rates, Ria Money Transfers is one great way to go smart about sending money to India.

Click here for more details : https://www.riamoneytransfer.com

Transferwise

TransferWise has a very fast delivery time which is usually 24 hours or 1 working day. It is actually smart and secure way to send money directly to India. During public holidays the transfers can take up to 2 working days. Its services are a smart way to get rid of the bank fees. If you try using this service you will realize you no longer need to send money through the expensive banks. TransferWise is commonly used by those sending money from the UK and the European Union countries.

Click here for more details : https://www.transferwise.com

Xendpay

This money transfer company specializes in foreign exchange and international money transfers. Sending money to India through Xendpay is very simple and easy since you’re just required to log in to your Xendpay account and transfer money at your own convenience. This is very popular with those who are sending money from UK to India. Opening an account on Xendpay is very fast and free of charge.

Click here for more details : https://www.xendpay.com

Online Transfer 

This is the easiest way to transfer money. To use this method you just need an internet connection and the use of local banking services in order to transfer money to India. You will be required to have the recipient’s information regarding the financial institution and the account the money will be sent to. For those who do regular money transfers this is the best method to adopt. 

PayPal

This one of the largest electronic mode of transferring money from one account to another across the globe. With an account at PayPal, you can instantly transfer money to your family in India. This is the best method that saves you time and money. You can get the services and great customer support 24/7. However, PayPal may have some restrictions on the amount of money that can be sent.

Click here for more details : https://www.paypal.com/in/home

Xoom 

Xoom is among the best money transfer services to India and across the globe. Xoom also guarantees fast transfers that can even be processed within 4 hours to banks in India if the transfers are made during the Indian bank processing hours. Nevertheless, Xoom has some restrictions on the amount of money that can be sent daily or monthly depending on the level of your account. There are also some hidden conversion fees.

Click here for more details : https://www.xoom.com/sign-in

MoneyGram 

MoneyGram has proved to be a big market player in offering money transfer services. Many NRIs have adopted the use of MoneyGram to transfer money to India because it is very fast. Its speed is very consistent and but the fees are slightly higher than some other money transfer companies. It also has some hidden currency conversion costs which can amount to $10.

Click here for more details : http://www.global.moneygram.com

Remitly

It is used widely in USA to send money to many different countries including India. Those who would prefer the express transfers which are instantly processed would be required to pay more fees. For the basic rates, they are usually processed within 3 business days without any fees. The instant transfers are always supported with many major banks in India making the process very simple. Remitly is very secure since it is registered as a money services business with US Department of Treasury. However, there are some hidden currency costs which could be more than $10.

Click here for more details : https://www.remitly.com/us/en/india