Why use moneytransfers.com?
With moneytransfers.com, you can send money abroad quickly and easily:
– Over 250,000 happy customers
– Instant or one day transfers to over 200 countries worldwide
– Over $5 million saved in fees
– 100+ provider reviews
– All providers regulated and reputable
What ways can I send money to India?
When you use a money transfer operator, you'll be able to send and receive money in India via:
Transfer money directly into the recipient's bank account
Send money to one of thousands of pickup locations across India
Use a mobile wallet or app to access your funds in minutes
What is the best way to send money to India?
The best way to send money to India will depend on your own needs and circumstances, but generally speaking using a money transfer operator is a quick and easy way to send funds abroad. Most MTOs let you choose from multiple ways to send money to India, whether it’s a bank transfer, cash pickup, or mobile wallet payment.
How long does it take to send money to India?
With some MTOs your money transfer to India could be complete in hours or minutes. Many will be able to send money to India on the same day or the next day - however opting for some methods like bank transfers or money orders may mean your transfer takes longer.
How much does it cost to send money to India?
It will depend on the method you choose, but most MTOs will charge a flat fee, a percentage fee, or some combination of the two. For example, Wise charge a 0.28GBP fixed fee plus a small percentage of the total transfer - for amounts up to 100,000GBP this is 0.63%. WorldRemit charge a flat fee of 1.99GBP or 2.99USD for all transfers to India. Other payment methods like bank transfers may also include an extra fee.
Why send money to India with a money transfer operator?
Sending money to India via an MTO offers the following benefits:
Easy set up
Setting up a money transfer can take minutes, far quicker and easier than sending money via bank transfers
MTOs use the mid-market currency exchange rate, offering the most accurate and transparent rates for sending money abroad
Low transaction costs
Transferring money via an MTO is usually the cheapest method too, with fees lower than what many banks charge
Through an MTO you can send money to India in a matter of minutes, crucial for emergency situations
MTOs offer the ability to send funds almost anywhere in the world, with many active in over 200 countries
Online MTOs offer a secure way of transferring money, offering peace of mind to both sender and recipient that the funds will arrive safely
What are common reasons for sending money to India?
Remittances from NRIs form an important part of many Indian households’ income, with reasons for sending money back to India including but not limited to:
Sending money to family and friends to support with day-to-day living costs such as food, rent and utility bills
Sending money to pay for costs relating to education, such as tuition fees, maintenance costs, and school books and equipment
Sending money to help with costs relating to medicine and healthcare, such as hospital treatments, doctors visits and medication
Savings and investments
Sending money to invest in foreign markets, such as stock exchanges, real estate and other areas of business
Sending money to help with debt repayments such as mortgage and loan payments or credit card bills
Looking to Send Money Somewhere Else?
Sending money anywhere else in the world is as easy as sending money to India. If you're looking to send money to another country, here is the list of the most popular destinations.