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How to send money from India to Hong Kong

Compare the best ways to send money from India to Hong Kong. Find the cheapest, fastest, and most reliable providers with the best INR to HKD exchange rates.

Explore the best deals, read expert information, and discover all you need to send money to Hong Kong from India.

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Overall best way: Wise

Wise is our recommended company for transferring Indian Rupee to Hong Kong.

We tested & reviewed 7 transfer providers, and Wise scored highly.

In the last six months, Wise appeared in 73.5% of India to Hong Kong searches, and was the top rated company supporting payments India into Hong Kong Dollar.

So for a great mix of cost, speed & features, make your India to Hong Kong transfer using Wise.

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How to get the best deal on sending money from India to Hong Kong

Summary of recent searches

Top rated for transfers from India to Hong Kong
Wise
Total number of IN - HK providers
7
Average cheapest fees & rate
TorFx
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
TorFx
Best for debit card
Wise
Best for credit card
Wise

Considerations to make sending money from India to Hong Kong easy

1
Compare providers

Comparing the different providers offering services between India and Hong Kong, is the best way to send money with confidence.

The 7 providers we've compared ensures you will get the best options for your transfer to Hong Kong from India. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Indian Rupee to Hong Kong.

2
Exchange rates between Indian Rupee-Hong Kong Dollar
3
Choose the right payment method
4
Financial regulation in India and Hong Kong
5
Consider transfer limits
6
Receiving money in Hong Kong
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money from India to Hong Kong: TorFx

TorFx offers the lowest cost transfers between India and Hong Kong out of the 7 providers compared.

Our data shows TorFx is 0.3% cheaper than the second-best option. The company offers an average fee of 0* INR and an average exchange rate between INR and HKD that is 0.5% different to the mid-market rate.

For a cheap way to send INR to Hong Kong, TorFx is a great all round choice.

*The most common fee applied to INR-HKD by TorFx, based on data from the past six months.

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Fastest company to send money to Hong Kong from India: Wise.

We compared 7 companies for fast transfers from Indian Rupees to Hong Kong and Wise came out on top.

Through our data, Wise was the quickest way to send money from India to Hong Kong Dollar 38.3% of the time.

Sending money through Wise to Hong Kong from India has an average fee of 1,840.51 INR.

To understand who was the fastest, we tested Wise as part of 7 money transfer providers. Within this, we looked at the overall speed of sending money from India to Hong Kong. This was made up of transfer times to Hong Kong after Indian Rupees were added to a money transfer account.

When fast money transfers between India and Hong Kong are a priority, Wise is our recommended choice.

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Need to make a large transfer?

For big transfers between India and Hong Kong, competitive pricing & strong customer service are key.

Wise is the best option for large transfers of the
7 providers compared.

While Wise may not always be the cheapest or fastest way to send INR from India to Hong Kong, it's a great provider for larger transfers for things like buying or selling property.

Understanding the costs involved when transferring money from India to Hong Kong

When calculating the costs of money transfers between India and Hong Kong, opt for the best combination of fees and exchange rates:

The Mid-Market and Exchange Rates: Today, the INR-HKD mid-market rate equals 0.0922 HKD per Indian Rupee.

  • For reference, the INR-HKD average mid-market rate for the past three months has been 0.0932 HKD per Indian Rupee, with a high of 0.094 and a low of 0.0923.

  • The company offering the best exchange rate is Wise.

  • Often the INR-HKD exchange rate you receive is the bigger factor than how much it costs to send Indian Rupees to Hong Kong.

Fees: Fees are charged on top of a transfer. The company offering the lowest fee is TorFx, averaging 0 INR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.

Amount Received: The amount received in Hong Kong Dollar is the biggest indicator the total cost of sending money from India to Hong Kong. Essentially, the more the recipient receives in Hong Kong, the less it is costing to send from India.

Getting the best exchange rate for Indian Rupee to Hong Kong Dollar

Tracking the mid-market rate can make a huge difference when sending money INR to HKD. The exchange rate you secure impacts how much HKD you get for your INR.

Mid-market Rate
1
= 0.09221 HKD

Here's some data on recent trends in the mid-market rate.

  • Over the past six months, the interbank rate from INR to HKD has seen some fluctuation. On average, it has been 0.0932.

  • During this period, the highest value level was 0.094, with a low of 0.0923.

  • Wise, which is our recommended service to send money online from India to Hong Kong offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best INR-Hong Kong Dollar exchange rates?

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Payment methods available to fund your India to
Hong Kong transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from India to Hong Kong.

    Sending money via a bank transfer with a company such as TorFx for transfers from India to Hong Kong allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, TorFx is the best provider for bank transfers of the 7 we tested when sending INR to Hong Kong.

    With an average fee of INR0 to send money from India to Hong Kong, TorFx offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from India to Hong Kong with a prepaid or a debit card is very simple with Wise.


    Wise is a leader in card payments for transfers from India to Hong Kong, competing among a total of 7 active money transfer companies on this route.

  • Credit cards

    When it comes to transferring money with a credit card from India to Hong Kong, Instarem emerges as our top choice of the 7 companies offering this service.

    Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Hong Kong and India.


Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from India to Hong Kong.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to HKD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.