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Top 7 Simple ways to transfer money to India

transfer money

Due to the lack of technology in the previous traditional world, people were finding the difficulty in sending or transferring the money back to their home country, which has now became possible due to the emergence of technology. Today there are lot of intermediaries or agents or companies which transfer the money from one country to another country in seconds. This has been a great help for those who are residing outside the country but have closed ones in India.

Options to Transfer Money to India


Automated Clearing House transfer (ACH) is a great way for transferring  money, but it is traditional approach and not much relevant today because it takes almost a week to reflect the amount in the recipient’s Bank statement. This method is popular in US.

 Net Banking/Online Transfer

You can also send money to anyone in India via online transfer. Before transferring the money you would have to fill the form which is provided by the banks. Some basic information and details need to be filled and you can transfer it.

Payment Gateways

You can always use payment gateways to transfer money. You can transfer without using the credit card. Processing transfer of funds through payment gateways is very simple.  Transfer of Money through Payment gateway has totally changed the way money can be sent. It is of great use.

Wire Transfer

The most used and adopted method of transferring the money to other country recipient. This method requires the person to visit the branch and submit the recipient details, without which the  transfer is not possible. The best example of this kind of wire transfer is “Western Union”.

Money Orders

This type of method is adopted by the sender when the amount to be transferred is in small denominations. This order helps the recipient to en-cash the order and take the money home, while deducting some charges for the service they have provided.

Bank Drafts

Many Indian and International banks allow their account holders to make a bank draft in Indian Rupees. The bank drafts can be used in India. The bank draft of State Bank of India is free if the bank draft amount is more than Rs. 50000. Or else $10 flat charges may apply.

NRI and NRE Accounts

NRI & NRE Accounts need to be opened to get the money in the account deposited. The special feature of this kind of accounts is that these accounts can deposit the money in foreign currency and withdraw it in your preferred currency.

Some of the Best Transferring Agents (Per $ 1,000)


Fees ($)DurationHow it is ?
Xoom11.55 daysNow the delivery time has been reduced and is also in minutes. Most known for its security & support
MoneyGram20In MinutesSimilar to Western Union, company incorporated in USA, having branches world wide and stepping in the Indian Market with good hopes.
Western Union21In MinutesAmerican Origin company based its H.O. at USA, one of the most trusted brand in the world in last 10 years.
Remit2India255 daysBest way to transfer money to India with the best rates and lowest charges. Duration might become and issue
Payoneer315 daysSimilar to Paypal. A Master Card. Monthly Fees for having and maintain the accounts. Promotion Bonuses Available.


Having choice is good for the users. With the upgradation of technology and new payment choices anyone can transfer money online. Now money transfer has become hassle free. Also the commission or the fees charged per transfer has also reduced. Usually mode of transfer depend upon the urgency of the sender.


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