Companies for transfers from India to Israel
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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 choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of India to Israel searches in the last 6 months, and was the top rated company out of 3 that support INR to ILS.
So for a great blend of cost, speed & features, make your India to Israel transfer using Wise.
How to get the best deal on sending money from India to Israel
Get the most from sending money from India to Israel
Comparing providers offering services between India and Israel based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire INR-ILS market and have compared 3 providers offering services between India and Israel.
This ensures you will get the most comprehensive options for sending Indian Rupee to Israel.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific India to Israel transfer needs.
Cheapest way to send money to Israel from India: Moneycorp
The cost is a combination of an average fee of 0* INR and an exchange rate for converting Indian Rupee to New Israeli Sheqel that is 2% different to the mid-market rate.
On average, Moneycorp is 0.8% cheaper than the second-best option.
We would recommend Moneycorp for low cost, affordable transfers from New Israeli Sheqels to Israel.
*The most common fee applied to INR-ILS by Moneycorp, based on data from the past six months.
Fastest way to send money to Israel from India: Ria Money Transfer.
In our comparison, we found Ria Money Transfer to be the fastest way to send Indian Rupees to New Israeli Sheqel in 50% of transfers. For quick transfers between INR and ILS, Ria Money Transfer comes highly recommended.
Sending money from India to Israel through Ria Money Transfer has an average fee of 4 INR.
To find the fastest company, we compared 3 money transfer providers for the overall speed of sending money from India to Israel. This was made up of depositing Indian Rupee to a money transfer account and transfer times to Israel.
When looking for the fastest money transfer, Ria Money Transfer is our best choice for sending into Israel from India.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 3 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 New Israeli Sheqel to New Israeli Sheqel.
As such, opt for Wise for sending large sums of money to Israel from India.
Understanding the cost of transferring money to Israel from India
Fees and exchange rates make up the total cost of sending money from Israel to Israel. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-ILS mid-market rate is 0.0428 ILS per Indian Rupee. You will get more New Israeli Sheqel for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-ILS mid-market rate has had a high of 0.045, a low of 0.0443 and averaged 0.0447 ILS per Indian Rupee.
Across the 3 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to ILS will be the biggest determining factor when working out the cost of transferring Indian Rupees to Israel.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of New Israeli Sheqel eventually received in Israel. You can assume that a lower cost of sending from India will result in more money received in Israel.
How to find the best exchange rate for Indian Rupee to New Israeli Sheqel
Timing is essential for sending money between INR and ILS. The exchange rate you secure impacts how much ILS you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to ILS has seen some fluctuation. On average, it stood at 0.0447.
During this period, the highest value recorded was 0.045, while the lowest was 0.0443.
Wise, which is our recommended service to send money online from India to Israel offers an exchange rate that is only -0.08% above the mid-market rate.
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Payment methods available to fund your India to Israel transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Israel 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 Israel.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to ILS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.