Remit2india – MyExchange Rate

SEP 2008: Remit2India recently launched a new variant of its money transfer service for NRIs aptly called MyExchange Rate. The product offers NRIs an option to choose the rate at which they want their money transfer to happen. How it works is that if the current rate is 45 and the NRI wants to make a transfer of $2000 only when the rate is 48, he simply books a transfer on When the rate touches 48, the transaction is automatically booked & the money is transferred to India.  The product is aimed at protecting the NRI from fluctuations in the rate with the convenience of not having to track the rates regularly.

More details of the service are available on

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: