We have found Placid remittance services who are providing competitive exchange rates.

With our real-time comparison on sending money from USA to India ,.

Which is the best option available to send money from USA to India after comparison?.

Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you. Many people are stuck between options when it comes to sending money from USA to India because of the many available and confusing options. Please find the list of companies below in a sorted order which are providing the best money transfer services which offer the most “ affordable way to send money to India” with the highest exchange rates and low fee. Therefore, on this page, we provide you with the top 17 services offering “ reliable money transfer to India from USA”. However, some of these people find it hard to identify the “ best ways to transfer money to India from the USA” that offer fast, simpler and secure services to its users. There are over 4.4 million Indians living in the USA who remit billions to their families India for various reasons like, paying bills, money transfer to buy property, pay mortgages, and more. In an era when cryptocurrencies are taking over, transferring money across the globe is one of the easiest tasks. Highest remittance rate for converting 1 USD to INR Thus, if you send $500 to a relative or friend of India, the commission would be at least $4.99, but your friend or Indian family member would receive a total of 35,890.00 Indian rupees.USD To INR Exchange Rate - Find Best Price Today

Today it applies an exchange rate of 71.77 rupees per dollar.

Secondly, when you send dollars to a recipient in India, Paypal applies a rather unfavorable exchange rate.

Firstly, when it comes to international personal money transactions to India, the commission is not free, as PayPal charges a fee that varies between of 4.99 USD (PayPal balance or bank account) and 15.49 USD (debit or credit card).

but is not an economic method to send money to India, mainly due to two reasons: PayPal is a payment method already known by virtually anyone, which allows you to buy in many websites, as well as transferring money between users by email. RiaMoneyTransfer offers a good support service in case you have any problem. They have an extensive network of offices, which I have used on different occasions, though they are now offering the money transfer service through their Internet website. Ria Money Transfer or MoneyGram are specialized companies in sending money abroad. For this reason, I have stopped using bank transfers for sending money to India many years ago, since these are very expensive.

The first thing I have to say is that for small amounts of money, a bank wire transfer is the worst method, since the fees charged by the banks (from both the issuing bank and the receiving bank in India) are usually very high.

The results are very similar if you send euros, pounds or Australian dollars. P2P money transfer services: TransferWise.įor comparative purposes, all calculations were made on Feb 13, 2021.

Online payment services: PayPal (Xoom service).

Traditional methods: RiaMoneyTransfer or MoneyGram.

Let’s analyze what it costs today to send $500 to India from USA, with the recipient receiving the money in Indian rupees, by comparing 3 methods: On several occasions I have had to send small amounts of money to relatives from USA to India using traditional methods, online payment services and P2P money transfer methods. The different ways of sending money from USA to India P2P Money Transfer Services: TransferWiseĠ.

Xoom dollar to rupee