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Companies for transfers from India to Sri Lanka
"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."
Overall best way: Wise
We tested & reviewed 8 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 63.8% of India to Sri Lanka searches, and was the top rated company supporting payments India into Sri Lank Rupee.
So for a great mix of cost, speed & features, make your India to Sri Lanka transfer using Wise.
How to get the best deal on sending money from India to Sri Lanka
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Sri Lanka.
- Choose a provider
Select the provider that offers you the best value on buying LKR & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from India to Sri Lanka
A comparison of providers offering services between India and Sri Lanka, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 8 providers that provide services for sending Indian Rupee to Sri Lanka. This ensures you will get the best options for your transfer to Sri Lanka from India.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from India to Sri Lanka.
Cheapest way to send money from India to Sri Lanka: Ria Money Transfer
Our data shows, over the past six months, that Ria Money Transfer is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 4* INR and a INR-LKR exchange rate for international transfers that is 2.8% different to the mid-market rate.
Securing the best rates on a INR to Sri Lanka transfer can be done with Ria Money Transfer but you can always search for your specific amount.
*The most common fee applied by Ria Money Transfer when sending INR-LKR, based on data from the past six months.
Fastest company to send money to Sri Lanka from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Sri Lank Rupee 60.7% of the time.
Sending money through Ria Money Transfer to Sri Lanka from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 8 money transfer providers. Within this, we looked at the overall speed of sending money from India to Sri Lanka. This was made up of transfer times to Sri Lanka after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Sri Lanka 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 8 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 Sri Lank Rupee to Sri Lank Rupee.
As such, opt for Wise for sending large sums of money to Sri Lanka from India.
Understanding the cost of transferring money to Sri Lanka from India
Fees and exchange rates make up the total cost of sending money from Sri Lanka to Sri Lanka. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-LKR mid-market rate is 3.4425 LKR per Indian Rupee. You will get more Sri Lank Rupee for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-LKR mid-market rate has had a high of 3.6625, a low of 3.4433 and averaged 3.5374 LKR per Indian Rupee.
Across the 8 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to LKR will be the biggest determining factor when working out the cost of transferring Indian Rupees to Sri Lanka.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer at an average of 4 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 Sri Lank Rupee eventually received in Sri Lanka. You can assume that a lower cost of sending from India will result in more money received in Sri Lanka.
How to find the best exchange rate for Indian Rupee to Sri Lank Rupee
Timing is essential for sending money between INR and LKR. The exchange rate you secure impacts how much LKR you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to LKR has seen some fluctuation. On average, it stood at 3.5374.
During this period, the highest value recorded was 3.6625, while the lowest was 3.4433.
Wise, which is our recommended service to send money online from India to Sri Lanka offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best INR-Sri Lank Rupee 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 Sri Lanka!
Payment methods available to fund your India to Sri Lanka transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Sri Lanka.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Sri Lanka allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 8 we tested when sending INR to Sri Lanka.
With an average fee of INR4 to send money from India to Sri Lanka, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Sri Lanka with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from India to Sri Lanka, competing among a total of 8 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Sri Lanka, Instarem emerges as our top choice of the 8 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 Sri Lanka 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 Sri Lanka.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to LKR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
