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"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
Overall best way: Wise
Wise scored the highest of the 5 money transfer companies supporting INR to EUR transfers.
In total, Wise appeared in 90% of India to Portugal searches.
For a great mix of cost, speed & features, we advise using Wise for your India to Portugal transfer.
How to compare companies offering money transfers from India to Portugal
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Portugal. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Portugal.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from India to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from India to Portugal
Comparing based on your specific needs is the best way to send money from India to Portugal with confidence.
Our analysis, and search results, include 5 providers that operate between India and Portugal. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Portugal.
Cheapest way to send money from India to Portugal: TorFx
Our data shows, over the past six months, that TorFx is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* INR and a INR-EUR exchange rate for international transfers that is 1.03% different to the mid-market rate.
Securing the best rates on a INR to Portugal transfer can be done with TorFx but you can always search for your specific amount.
*The most common fee applied by TorFx when sending INR-EUR, based on data from the past six months.
Fastest company to send money to Portugal from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Euro 65% of the time.
Sending money through Ria Money Transfer to Portugal from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from India to Portugal. This was made up of transfer times to Portugal after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Portugal are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 5 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 Euro to Euro.
As such, opt for Wise for sending large sums of money to Portugal from India.
Understanding the cost of transferring money to Portugal from India
Fees and exchange rates make up the total cost of sending money from Portugal to Portugal. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-EUR mid-market rate is 0.0113 EUR per Indian Rupee. You will get more Euro for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-EUR mid-market rate has had a high of 0.0114, a low of 0.0106 and averaged 0.0109 EUR per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to EUR will be the biggest determining factor when working out the cost of transferring Indian Rupees to Portugal.
Fees: Transfer fees are charged as part of the transfer. TorFx 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 Euro eventually received in Portugal. You can assume that a lower cost of sending from India will result in more money received in Portugal.
Getting the best exchange rate for Indian Rupee to Euro
Tracking the mid-market rate can make a huge difference when sending money INR to EUR. The exchange rate you secure impacts how much EUR you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to EUR has seen some fluctuation. On average, it has been 0.0109.
During this period, the highest value level was 0.0114, with a low of 0.0106.
Wise, which is our recommended service to send money online from India to Portugal offers an exchange rate that is only 0.06% above the mid-market rate.
Want to secure the best INR-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Portugal!
Payment methods available to fund your India to Portugal transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Portugal.
Sending money via a bank transfer with a company such as TorFx for transfers from India to Portugal 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 5 we tested when sending INR to Portugal.
With an average fee of INR0 to send money from India to Portugal, TorFx offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Portugal with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from India to Portugal, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Portugal, emerges as our top choice of the 5 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 Portugal 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 Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
