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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 50.1% of India to United States searches, and was the top rated company out of 5 that support INR to USD.
So for a great mix of cost, speed & features, make your India to United States transfer using Wise.
How to get the best deal on your India to United States transfer
Summary of recent searches
Important things to consider before sending money from India to United States
Don't settle for the first option. Always compare ways to send money from India to United States to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between India and United States.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to United States.
Cheapest way to send money to United States from India: Instarem
Data collected over the past six months show that Instarem is 0% cheaper than the second-best option.
The ₹1553.99 transfer cost represents the most common fee for INR to USD international transfers, based on data from the past six months.
If you want to secure the best rates on a INR to United States transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to INR-USD by Instarem, based on data from the past six months.
Fastest way to send money from India to United States: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from India to United States in 63.3% of searches. This makes them well suited to urgent INR to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from India to United States - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to United States from India in 63.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send INR from India to United States, it’s the provider that will keep you safe and relaxed while your money moves into USD.
Understanding the costs involved when moving money from India to United States
When calculating the costs of money transfers between India and United States, here's what really matters:
The Mid-Market Rate: Today, the INR-USD mid-market rate equals to 0.011977. Keep in mind that this rate fluctuates all the time.
The INR-USD average exchange rate of the past three months has been 0.012, with a highest of 0.0121 and a lowest of 0.012.
When in doubt, use Instarem. On average, Instarem hovers just -0.01% above the mid-market rate.
Fees and Markups: That's where Instarem shines, combining the best of both worlds: excellent INR to USD rates that are only -0.01% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Indian Rupee to US Dollar
Timing is essential sending money between INR and USD. The exchange rate you secure impacts how much USD you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to USD has seen some fluctuation. On average, it stood at 0.012.
During this period, the highest value recorded was 0.0121, while the lowest was 0.012.
Wise, which is our recommended service to send money online from India to United States offers an exchange rate that is only 0.06% above the mid-market rate.
Want to secure the best INR-US Dollar exchange rates?
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Payment methods available to fund your India to United States transfer
Bank transfers
Traditional bank transfers are often the default option for sending money from India to United States.
By using a money transfer company, you can still send a bank transfer, but avoid many of the downsides.
Using Instarem for sending money online from India to United States, you can save a lot of money on fees. With an average fee of INR1600 to send money from India to United States, Instarem offers a great combination of competitive exchange rates and lower fees.
You can make a bank transfer, funding your Instarem account, as this offers the best service to send INR to United States with this payment method.
In the past six months Instarem received an impressive 83.2% recommendation rate for bank transfers payments between India and United States.
Debit and prepaid cards
Sending money from India to United States with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from India to United States, competing among a total of 5 active money transfer companies on this route. They consistently rank at the top in this category.
Our data show that Wise was best in this area with a 1.7% recommendation rate over the past six months.
Credit cards
When it comes to credit card transfers, Instarem emerges as our top choice.
Among 5 companies offering this service, our comparison engine's last six months of data on INR to USD searches show Instarem has been ranked as the best provider.
They have an impressive 2.7% recommendation rate for this payment method.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 United States .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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