Compare charges and fees for money transfer to India Home
For a true comparison of money transfer charges, both the exchange rate offered and the charges have to be considered.
For example on October 17, 2005 , exchange rate offered by Remit2India for amounts less than US$1000 is Rs 44.23 /1 US$ , for amounts between US1001- US$5000 is Rs 44.34 /1 US$ and amounts more US$5001 is Rs 44.41 /1 US$ . ICICI bank has a fixed exchange rate of Rs 44.27 for all amounts.
That is why ICICI bank offers free remittance for amounts more than US$1000 and a fee for smaller amounts.
We have listed charges and exchange rates offered by various money transfer services to India
Instant money transfer services - recipient can collect the payment the same day. No bank account is required, though recipient can receive payment by cheque if required
Western Union Fees and exchange rate for money transfer to India from USA . You will have to select the country , amount sent , the exchange rate and fee will be indicated
Moneygram money transfer fees and exchange rates (rates for online transfer through eMoneygram)
Money transfer through banking channels
Fees and Exchange rate for fast track transfer at Remit2India from Times of India
Exchange rate for money transfer
Fees and Exchange rate for money transfer at Money2India from ICICI bank
Remittance charges for money transfer
Exchange rate for money transfer
Charges and Exchange rates offered by Xoom /Cash2India
Transaction fees for money transfer
Exchange rate for money transfer
Exchange rates from Reserve Bank of India (RBI), India's central bank
Exchange rate for Indian Rupees available for 4 major currencies - US Dollar, Euro, British Pound Sterling and Japanese Yen.
----- Original Message -----
From: "Durgesh Bhawan"
Sent: Monday, July 17, 2006 4:08 PM
Subject: remittance against small export
Hi,
I own a proprietorship firm in Jaipur dealing in gemstones. I have a regular
client in UK. The orders are in a small amount I the range of US$500
monthly. Can I use money2india for receiving the payments from the client?
Is it a legal way as per RBI policies? Actually I want a cheap alternative
as SWIFT charges are appx. GBP 30 which is significant for small orders.
Please guide me.
Thanks
Answer: You could ask for bank draft to be sent to you, but it will take some
time to be credited to your
account. Money2India is for personal transactions only
Regards
If you have any query , feedback or suggestion, or wish to share your experience with us, please send an email or fill our contact form
© Copyright NK Infobase