MoneyTransfers

How to send money to Bhutan from India with the best INR-BTN rate

We’ve analysed and compared 3 ways to send money from India to Bhutan.

PayPal App (P2P Transfer) with bank transfer deposit and bank deposit payout is the cheapest way to send money from India to Bhutan. Sending 22,100 INR will get you 19,945.01 BTN in Bhutan.

Best companies for INR/BTN transfers

3 of 3 providers

Last updated on 28 October 2026

Based on 22,100 INR transfer

Best companies for INR/BTN transfers

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Showing top India to Bhutan deals for 22,100 INR. Do a live search with your exact amount for today's best rates.
Send Money Between PayPal Accounts

PayPal App (P2P Transfer)

Pay via Bank transfer
Fee ₹884.00 1 INR = 0.9401 BTN +6.00% vs mid-market Recipient gets BTN 19,945.01 Minutes
0 reviews
Fastest

Ways to receive money in Bhutan with PayPal App (P2P Transfer) when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes
₹884.001 INR = 0.9401 BTN
BTN 19,945.01You pay₹22,100.00
Send cash via a MoneyGram agent

MoneyGram Agent

Pay via Bank transfer
Fee ₹884.00 1 INR = 0.9401 BTN +6.00% vs mid-market Recipient gets BTN 19,945.01 Minutes - 3 days
0 reviews
Cheapest

Ways to receive money in Bhutan with MoneyGram Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
₹884.001 INR = 0.9401 BTN
BTN 19,945.01You pay₹22,100.00
Send cash via a Western Union agent

Western Union Agent

Pay via Bank transfer
Fee ₹663.00 1 INR = 0.9301 BTN +7.00% vs mid-market Recipient gets BTN 19,938.38 Minutes - 5 days
0 reviews
Recommended

Ways to receive money in Bhutan with Western Union Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
₹663.001 INR = 0.9301 BTN
BTN 19,938.38You pay₹22,100.00
How Our Results Work
Mid-market rate: 1 INR = 1.0001 BTN Updates every 60 minutes.

How to send money from India to Bhutan

Pick a company

For a one-off INR transfer to Bhutan, I suggest picking the cheapest option which is PayPal App (P2P Transfer).

PayPal App (P2P Transfer) was the cheapest on 30 of the 30 days it quoted ₹22,100 transfers to Bhutan.

On a 22,100 INR transfer, PayPal App (P2P Transfer) delivers the most BTN.

The best option will change depending on how much you actually send, so I suggest to get the best INR/BTN rate.

Fund your transfer

You can fund your transfer via bank transfer.

Most people pay with UPI straight from their banking app, and it reaches the money transfer company account in seconds.

For a large amount (10+ lakhs), ask for RTGS instead, it clears quicker than the everyday rails.

Verify and send

You'll need your PAN and a signed Form A2 before the money can leave the country.

Start a first transfer a few days early.

Compare amounts

How much INR are you sending to Bhutan?

How much INR you send to Bhutan heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows PayPal App (P2P Transfer) was the cheapest in 100% of all the transfers it quoted over the past month.

Cheapest service
₹22,100This page6.00%₹884.00BTN 19,945.01with bank transfer to bank deposit+BTN 2.21
₹6,00,0000.27%₹0.00BTN 5,98,454.20with bank transfer to bank depositBTN 0.00
₹10,00,0000.27%₹0.00BTN 9,98,332.21with bank transfer to bank depositBTN 0.00

Mid-market rate: 1 INR = 1.0001 BTN

INR/BTN Exchange Rate History

Is today a good time to send money from India to Bhutan?

The cheapest way to send INR to BTN can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's PayPal App (P2P Transfer)), across 30 days of comparisons for 22,100 INR transfers to Bhutan.

BTN received for ₹22,100, after fees

Wed, 28 Oct, 2026Mid-market rateBTN 22,102.19 PayPal App (P2P Transfer) BTN 19,945.01PayPal App (P2P Transfer)BTN 19,945.01MoneyGram AgentBTN 19,945.01Western Union AgentBTN 19,938.38

19,500
20,000
20,500
21,000
21,500
22,000
22,500
At the mid-market rateWith the cheapest optionPayPal App (P2P Transfer)MoneyGram AgentWestern Union Agent
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9995 – BTN 22,089.41
PayPal App (P2P Transfer) Cheapest 0.9395 ₹884.00 BTN 19,933.49 −BTN 2,155.92
MoneyGram Agent 0.9395 ₹884.00 BTN 19,933.49 −BTN 2,155.92
Western Union Agent 0.9296 ₹663.00 BTN 19,926.86 −BTN 2,162.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0009 – BTN 22,118.79
PayPal App (P2P Transfer) Cheapest 0.9408 ₹884.00 BTN 19,959.99 −BTN 2,158.79
MoneyGram Agent 0.9408 ₹884.00 BTN 19,959.99 −BTN 2,158.79
Western Union Agent 0.9308 ₹663.00 BTN 19,953.36 −BTN 2,165.42
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0010 – BTN 22,121.06
PayPal App (P2P Transfer) Cheapest 0.9409 ₹884.00 BTN 19,962.05 −BTN 2,159.01
MoneyGram Agent 0.9409 ₹884.00 BTN 19,962.05 −BTN 2,159.01
Western Union Agent 0.9309 ₹663.00 BTN 19,955.41 −BTN 2,165.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0073 – BTN 22,260.49
PayPal App (P2P Transfer) Cheapest 0.9468 ₹884.00 BTN 20,087.87 −BTN 2,172.62
MoneyGram Agent 0.9468 ₹884.00 BTN 20,087.87 −BTN 2,172.62
Western Union Agent 0.9368 ₹663.00 BTN 20,081.19 −BTN 2,179.30
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0074 – BTN 22,264.16
PayPal App (P2P Transfer) Cheapest 0.9470 ₹884.00 BTN 20,091.18 −BTN 2,172.98
MoneyGram Agent 0.9470 ₹884.00 BTN 20,091.18 −BTN 2,172.98
Western Union Agent 0.9369 ₹663.00 BTN 20,084.50 −BTN 2,179.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0036 – BTN 22,178.92
PayPal App (P2P Transfer) Cheapest 0.9434 ₹884.00 BTN 20,014.26 −BTN 2,164.66
MoneyGram Agent 0.9434 ₹884.00 BTN 20,014.26 −BTN 2,164.66
Western Union Agent 0.9333 ₹663.00 BTN 20,007.60 −BTN 2,171.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0059 – BTN 22,229.31
PayPal App (P2P Transfer) Cheapest 0.9455 ₹884.00 BTN 20,059.73 −BTN 2,169.58
MoneyGram Agent 0.9455 ₹884.00 BTN 20,059.73 −BTN 2,169.58
Western Union Agent 0.9354 ₹663.00 BTN 20,053.06 −BTN 2,176.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9963 – BTN 22,018.38
PayPal App (P2P Transfer) Cheapest 0.9365 ₹884.00 BTN 19,869.39 −BTN 2,148.99
MoneyGram Agent 0.9365 ₹884.00 BTN 19,869.39 −BTN 2,148.99
Western Union Agent 0.9266 ₹663.00 BTN 19,862.78 −BTN 2,155.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9973 – BTN 22,039.53
PayPal App (P2P Transfer) Cheapest 0.9374 ₹884.00 BTN 19,888.48 −BTN 2,151.05
MoneyGram Agent 0.9374 ₹884.00 BTN 19,888.48 −BTN 2,151.05
Western Union Agent 0.9275 ₹663.00 BTN 19,881.86 −BTN 2,157.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9987 – BTN 22,070.65
PayPal App (P2P Transfer) Cheapest 0.9388 ₹884.00 BTN 19,916.56 −BTN 2,154.09
MoneyGram Agent 0.9388 ₹884.00 BTN 19,916.56 −BTN 2,154.09
Western Union Agent 0.9288 ₹663.00 BTN 19,909.93 −BTN 2,160.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9982 – BTN 22,059.84
PayPal App (P2P Transfer) Cheapest 0.9383 ₹884.00 BTN 19,906.80 −BTN 2,153.04
MoneyGram Agent 0.9383 ₹884.00 BTN 19,906.80 −BTN 2,153.04
Western Union Agent 0.9283 ₹663.00 BTN 19,900.19 −BTN 2,159.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9990 – BTN 22,078.17
PayPal App (P2P Transfer) Cheapest 0.9391 ₹884.00 BTN 19,923.34 −BTN 2,154.83
MoneyGram Agent 0.9391 ₹884.00 BTN 19,923.34 −BTN 2,154.83
Western Union Agent 0.9291 ₹663.00 BTN 19,916.71 −BTN 2,161.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9990 – BTN 22,078.17
PayPal App (P2P Transfer) Cheapest 0.9391 ₹884.00 BTN 19,923.34 −BTN 2,154.83
MoneyGram Agent 0.9391 ₹884.00 BTN 19,923.34 −BTN 2,154.83
Western Union Agent 0.9291 ₹663.00 BTN 19,916.71 −BTN 2,161.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0086 – BTN 22,289.79
PayPal App (P2P Transfer) Cheapest 0.9481 ₹884.00 BTN 20,114.31 −BTN 2,175.48
MoneyGram Agent 0.9481 ₹884.00 BTN 20,114.31 −BTN 2,175.48
Western Union Agent 0.9380 ₹663.00 BTN 20,107.62 −BTN 2,182.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0076 – BTN 22,268.40
PayPal App (P2P Transfer) Cheapest 0.9472 ₹884.00 BTN 20,095.01 −BTN 2,173.39
MoneyGram Agent 0.9472 ₹884.00 BTN 20,095.01 −BTN 2,173.39
Western Union Agent 0.9371 ₹663.00 BTN 20,088.33 −BTN 2,180.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0014 – BTN 22,131.67
PayPal App (P2P Transfer) Cheapest 0.9413 ₹884.00 BTN 19,971.62 −BTN 2,160.05
MoneyGram Agent 0.9413 ₹884.00 BTN 19,971.62 −BTN 2,160.05
Western Union Agent 0.9313 ₹663.00 BTN 19,964.98 −BTN 2,166.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0008 – BTN 22,117.95
PayPal App (P2P Transfer) Cheapest 0.9408 ₹884.00 BTN 19,959.23 −BTN 2,158.72
MoneyGram Agent 0.9408 ₹884.00 BTN 19,959.23 −BTN 2,158.72
Western Union Agent 0.9308 ₹663.00 BTN 19,952.60 −BTN 2,165.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0004 – BTN 22,109.30
PayPal App (P2P Transfer) Cheapest 0.9404 ₹884.00 BTN 19,951.44 −BTN 2,157.86
MoneyGram Agent 0.9404 ₹884.00 BTN 19,951.44 −BTN 2,157.86
Western Union Agent 0.9304 ₹663.00 BTN 19,944.80 −BTN 2,164.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0009 – BTN 22,119.78
PayPal App (P2P Transfer) Cheapest 0.9408 ₹884.00 BTN 19,960.89 −BTN 2,158.89
MoneyGram Agent 0.9408 ₹884.00 BTN 19,960.89 −BTN 2,158.89
Western Union Agent 0.9308 ₹663.00 BTN 19,954.25 −BTN 2,165.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0009 – BTN 22,119.78
PayPal App (P2P Transfer) Cheapest 0.9408 ₹884.00 BTN 19,960.89 −BTN 2,158.89
MoneyGram Agent 0.9408 ₹884.00 BTN 19,960.89 −BTN 2,158.89
Western Union Agent 0.9308 ₹663.00 BTN 19,954.25 −BTN 2,165.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0045 – BTN 22,198.43
PayPal App (P2P Transfer) Cheapest 0.9442 ₹884.00 BTN 20,031.87 −BTN 2,166.56
MoneyGram Agent 0.9442 ₹884.00 BTN 20,031.87 −BTN 2,166.56
Western Union Agent 0.9341 ₹663.00 BTN 20,025.21 −BTN 2,173.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9999 – BTN 22,098.30
PayPal App (P2P Transfer) Cheapest 0.9399 ₹884.00 BTN 19,941.50 −BTN 2,156.80
MoneyGram Agent 0.9399 ₹884.00 BTN 19,941.50 −BTN 2,156.80
Western Union Agent 0.9299 ₹663.00 BTN 19,934.87 −BTN 2,163.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0008 – BTN 22,117.35
PayPal App (P2P Transfer) Cheapest 0.9407 ₹884.00 BTN 19,958.70 −BTN 2,158.65
MoneyGram Agent 0.9407 ₹884.00 BTN 19,958.70 −BTN 2,158.65
Western Union Agent 0.9307 ₹663.00 BTN 19,952.06 −BTN 2,165.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9984 – BTN 22,065.61
PayPal App (P2P Transfer) Cheapest 0.9385 ₹884.00 BTN 19,912.01 −BTN 2,153.60
MoneyGram Agent 0.9385 ₹884.00 BTN 19,912.01 −BTN 2,153.60
Western Union Agent 0.9286 ₹663.00 BTN 19,905.39 −BTN 2,160.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9978 – BTN 22,050.65
PayPal App (P2P Transfer) Cheapest 0.9379 ₹884.00 BTN 19,898.51 −BTN 2,152.14
MoneyGram Agent 0.9379 ₹884.00 BTN 19,898.51 −BTN 2,152.14
Western Union Agent 0.9279 ₹663.00 BTN 19,891.89 −BTN 2,158.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9987 – BTN 22,070.45
PayPal App (P2P Transfer) Cheapest 0.9387 ₹884.00 BTN 19,916.38 −BTN 2,154.07
MoneyGram Agent 0.9387 ₹884.00 BTN 19,916.38 −BTN 2,154.07
Western Union Agent 0.9288 ₹663.00 BTN 19,909.76 −BTN 2,160.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9987 – BTN 22,070.45
PayPal App (P2P Transfer) Cheapest 0.9387 ₹884.00 BTN 19,916.38 −BTN 2,154.07
MoneyGram Agent 0.9387 ₹884.00 BTN 19,916.38 −BTN 2,154.07
Western Union Agent 0.9288 ₹663.00 BTN 19,909.76 −BTN 2,160.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9951 – BTN 21,991.49
PayPal App (P2P Transfer) Cheapest 0.9354 ₹884.00 BTN 19,845.12 −BTN 2,146.37
MoneyGram Agent 0.9354 ₹884.00 BTN 19,845.12 −BTN 2,146.37
Western Union Agent 0.9254 ₹663.00 BTN 19,838.52 −BTN 2,152.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0024 – BTN 22,152.09
PayPal App (P2P Transfer) Cheapest 0.9422 ₹884.00 BTN 19,990.05 −BTN 2,162.04
MoneyGram Agent 0.9422 ₹884.00 BTN 19,990.05 −BTN 2,162.04
Western Union Agent 0.9322 ₹663.00 BTN 19,983.40 −BTN 2,168.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0001 – BTN 22,102.19
PayPal App (P2P Transfer) Cheapest 0.9401 ₹884.00 BTN 19,945.01 −BTN 2,157.18
MoneyGram Agent 0.9401 ₹884.00 BTN 19,945.01 −BTN 2,157.18
Western Union Agent 0.9301 ₹663.00 BTN 19,938.38 −BTN 2,163.81

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ₹22,100, after fees, as quoted by each company. The mid-market line shows what ₹22,100 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more BTN per INR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of BTN on every transfer from India.

Right now, PayPal App (P2P Transfer) pays 19,945.01 BTN on 22,100 INR, which is 2,157.18 BTN less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 20,114.31 BTN.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Bhutan.

We've tracked 168 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

  1. PayPal App (P2P Transfer)Appeared in 30 comparisons

    Cheapest every time

  2. MoneyGram AgentAppeared in 30 comparisons

    Never the cheapest

  3. Western Union AgentAppeared in 30 comparisons

    Never the cheapest

Based on 168 comparisons across 7 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today PayPal App (P2P Transfer) is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from India to Bhutan

You have 3 options to send money to Bhutan from India.

Making business payments

Global accounts

Business payments supported by an invoice do not use the owner’s personal LRS allowance.

Wise Business, Instarem Business, and Payoneer can manage freelancer payments, batch payments to Bhutan, invoices, and more.

Ways to fund INR and receive BTN in Bhutan

With PayPal App (P2P Transfer), paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₹22,100 gives your recipient 19,945.01 BTN.

UPI can fund the INR side when the company supports it, but the outward remittance still leaves India through an RBI-authorised bank.

From India, you can fund your transfer to Bhutan using bank transfer.

Fund the outward remittance through your bank

Fund the transfer by bank transfer from your Indian account.

You will normally need your PAN, Form A2 and documents showing the purpose of the transfer.

In Bhutan, your recipient can receive BTN by bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay ₹22,100.00

    Nu.19,945

    Cheapest

Consider this before sending INR to Bhutan

Outward transfers from India sit under the Liberalised Remittance Scheme. The purpose decides the documents and how much TCS is collected upfront.

Compare INR/BTN transfer options

For an INR 22,100 transfer to Bhutan, the current options are:

  1. The cheapest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit for the payout. Your recipient gets 19,945.01 BTN, which is 0% more than the next best option.

  2. The fastest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit in Bhutan. Your recipient gets 19,945.01 BTN in minutes.

The LRS limit covers all your outward transfers

A resident individual can remit up to USD 250,000 in one financial year under the Liberalised Remittance Scheme for permitted current and capital-account transactions.

The limit is per person and covers your combined LRS use, including gifts, maintenance, study, travel and overseas investment.

It is not a separate allowance for every bank or transfer company.

The authorised money transfer company will normally ask for your PAN, Form A2 and a purpose code.

The RBI LRS direction explains the yearly limit and permitted use.

TCS can lock up cash until your tax return

TCS is collected on qualifying LRS remittances above the annual threshold.

From April 2026, education and medical remittances are generally collected at 2% above ₹10 lakh, while many other purposes carry 20% above the threshold.

Education funded by a qualifying loan does not attract TCS.

TCS is a tax credit rather than an extra transfer fee. You can claim it against your final tax bill, but the money remains unavailable until it is adjusted or refunded.

Add up your LRS payments across banks before sending. The bank or transfer company will need your earlier use to apply the threshold correctly.

UPI only funds the rupee side

UPI can be used to deposit money to a money transfer company, but it can’t send BTN to Bhutan.

Instead, a money transfer company will switch to a local network of bank accounts or local rails to move INR to BTN.

All outward remittance still passes through an RBI-authorised dealer.

How we analyse the market

Money only leaves India through an RBI-authorised dealer, so that's the first filter on this table.

We track 3 of them on INR to Bhutan, comparing rates, fees and the ways you can pay in, refreshed in real time on live comparisons.

In the past 30 days alone, we analysed 168 comparisons across 7 amounts.

This page covers the cheapest and fastest options for INR/BTN transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each one also goes through our review, and hand-collected pricing is marked as such.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

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