A Comprehensive Guide To Send Money to India

Bengali man using a laptop and text messaging on a mobile phone

While working overseas, all of us attempt to transfer a portion of our earnings back home. Most of us end up paying a hefty amount due to less knowledge about the money-transfer process. Knowing this, we have compiled a comprehensive guide that will assist you to make a better informed decision next time when you plan to make a money transfer to India.

Check for Cost Breakdown

Remember to always breakdown the cost and see how much extra you have to pay above the transfer amount.  Few charges that you should cross-check are:

  • Transfer fees: It is a fee charged by the service for transferring money. It can either be a fixed fee or a percentage of the amount you are sending.
  • Conversion fees: International transfers are made between two currencies and hence checking the currency rates beforehand is mandatory. Services also charge conversion fees for converting currencies. Know the rates and fees before you finalize on a specific service.

After taking into account the above factors, you should calculate the total cost to send money to India. You must also know:

  • The Right Agency

Selecting the right money remittance service from an already overcrowded market is a little difficult task. Keeping an account of the many parameters while selecting the remittance service, Remit2India transfers money in the safest way possible. The pricing, speed of transfer and the convenience of the service makes it the ideal choice.

  • Delivery Method

Thanks to the ever evolving technology, the money sending and delivery methods are changing day by day. But there are two most common ways by which a recipient receives money, cash and bank account. In a transfer made with cash, the receiver picks the amount in cash from the service’s agency by providing them with identity proof. In a money transfer to the bank account, the money is sent from one bank account to another. Transfers within the same bank but different branches can be cost-efficient. Other modes of receiving money are prepaid cards, mobile top up and mobile banking.


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