Companies for transfers from India to Iran
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Best option: Wise
We tested & reviewed 4 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 59.5% of India to Iran searches, and was the top rated company supporting money transfers between INR and IRR.
For a great mix of cost, speed & features, transfer from India to Iranian Rial using Wise.
How to get the best deal on sending money from India to Iran
Understanding India to Iran money transfers
Comparing providers when sending money from India to Iran is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Indian Rupee to Iran. This ensures you will get the best options for your transfer to Iran from India.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from India to Iran.
Cheapest way to transfer money from India to Iran: Ria Money Transfer
Our data shows Ria Money Transfer is 0% cheaper than the second-best option. The company offers an average fee of 4* INR and an average exchange rate between INR and IRR that is 2.8% different to the mid-market rate.
For a cheap way to send INR to Iran, Ria Money Transfer is a great all round choice.
*The most common fee applied to INR-IRR by Ria Money Transfer, based on data from the past six months.
Fastest money transfers from India to Iran: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from India to Iranian Rial in 97.9% of instances.
Over the last six months, sending money from India to Iran through Ria Money Transfer have an average fee of 4 INR.
Ria Money Transfer was one of 4 money transfer providers we compared for overall speed of sending money from India to Iran. This speed test included depositing Indian Rupees to an account and the average timeframe for sending money to Iran.
When fast transfers are a priority, Ria Money Transfer is our best choice for sending from India to Iran.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 4 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Iranian Rial to Iranian Rial.
As such, opt for Wise for sending large sums of money to Iran from India.
Understanding the cost of transferring money from India to Iran
The total cost of money transfers from India to Iran is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for INR-IRR is currently 494.4449 IRR per Indian Rupee. Providers offering services closer to this rate will ensure more Iranian Rial for your Indian Rupees.
To give a historic average, over the last three months the INR-IRR mid-market rate has been 501.6317 IRR per Indian Rupee, this has had a high of 507.7002 and a low of 498.2673.
From the 4 companies compared, Wise offers the best exchange rate on transfers to Iran and India.
Generally, the exchange rate you receive on converting INR to IRR will be the biggest factor impacting the cost of sending Indian Rupees to Iran.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Ria Money Transfer at an average of 4 INR per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Iranian Rial. Simply, the higher the amount received in India, the lower the cost of sending from Iran.
Track the exchange rate for Indian Rupee to Iranian Rial
Sending money at the right time between INR and IRR can make a huge difference to overall cost. The exchange rate impacts how much IRR you get for your INR.
Over the last six months, the average numbers are:
The exchange rate from INR to IRR averaged 501.6317 IRR.
The highest value recorded was 507.7002 IRR, while the lowest was 498.2673 IRR.
4 providers currently offer transfers between India and Iran close to this rate.
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Payment methods available to fund your India to Iran transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Iran 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 Iran.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to IRR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.