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Friends,
Can you please suggest in your experience best way to transfer money to India with the best exchange rate and reasonable delivery time.
987 reads
Money Transfer to India
I will go for remit2india
Submitted by melisa (not verified) on Mon, 07/21/2008 - 3:00am. 
I will go for remit2india online transfer service. i am in Newyork and dont have NRI account yet, but still got my money transferred through remit2india. i have also tried some other service which are almost same wid remit2india but in case of customer support its better than the rest i will recommend remit2india..
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Mullai, Western Union is
Submitted by abhimuthu on Thu, 05/08/2008 - 2:17pm. 
Mullai,
Western Union is fast, money gets transferred in a minute but they take 2 dollars off the exchange rate and is considered expensive.
www.rapidremitsvc.com - this is good. The money gets transferred in 3 days they charge 7 dollars for one transaction and I have used their service many times. Usually the initial limit is 5000 dollars for one transaction.
It is reliable, economical and convenient.
http://www.remit2india.com - The registration process takes time(verfification -10-20 days). But once registered, they charge 10 dollars for 10,000 dollars and based on your credit with them(that is how often you use their sevice, they increase the limit). If you dont have NRI account this is the best.
State Bank NRI is most secure and it takes 3-4 days to get transferrred . No cost for transfer. Thsi is the best NRI banking.
Citibank NRI account is good but citibank it not available in all the places in India. Only Chennai, Bangalore has branches. But to tranfer from chennai to local bank it takes 3 more days. I dont like citi since their domestic and international banking is not integrated. So if I have to deposit money more than 10,000 dollars I have to go the the citi branch in US and give the check. Cant do online and their customer service folks in India, dont have any answers to your questions.
Depending on your convenience choose any of the above.
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Abhi...check eventhough
Submitted by S.Priya on Thu, 05/08/2008 - 2:21pm. 
Abhi...check eventhough with NRI accounts, coz the rate will be very very less than western unions..once i send money with NRI accounts they charged here n in India also..as banks differs..days also differs..
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Priya, Thanks for the info.
Submitted by abhimuthu on Thu, 05/08/2008 - 2:29pm.
Priya,
Thanks for the info. I will definitely check.
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I tried Western unions..but
Submitted by S.Priya on Thu, 05/08/2008 - 1:54pm.
I tried Western unions..but the thing is from Here we cant send more than 500 euros n they charge about 25 euros..but its very much sure for our money..western union rates r very good when compared to certain banks..ABhi yevalo currency send panna poringa?? yennaku appadiye oru Liberty statue illa eiffle tower vangi thanga..unga pera daily solluven marakama..hehe
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Priya, Ivlo thaane
Submitted by abhimuthu on Thu, 05/08/2008 - 2:21pm.
Priya,
Ivlo thaane namma Liberty Statue thaane! eduthukonga Priya.. Naa Eifel tower koduka mudiyaadhu adhu neenga enakku present pannunga.. World e namma perai sollum.. illa..
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Abhi worldwide namba pera
Submitted by S.Priya on Thu, 05/08/2008 - 2:24pm.
Abhi worldwide namba pera sollanamna..busybeekita twin towers vangunga, sadhana kita Taipei 101 kekanam..ippadi list poyte irrukum..appo thana world namba pera sollum..ungaluku romba periya manasu Abhi..
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hehehe..taipei 101 thanay
Submitted by Sadhanaraveen on Fri, 05/09/2008 - 6:21am. 
hehehe..taipei 101 thanay vangi kuduthutta pogudhu!!! vera edhavadhu venumaaa?
Sadhana Raveen
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Yes Priya, ulagathaye
Submitted by abhimuthu on Thu, 05/08/2008 - 3:52pm.
Yes Priya, ulagathaye valachu pottudalaam.. idha thaa ulagathaye kaikulla vachukalaam nu solluvaanga.. Appuram naamala yaarume kaaila pudikka mudiyaadhu.. LOL..
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Even here they limit to
Submitted by Mullai on Thu, 05/08/2008 - 1:58pm.
Even here they limit to $500 , slab rate system thaan.
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Abhi, I prefer to transfer
Submitted by Mullai on Thu, 05/08/2008 - 1:08pm.
Abhi, I prefer to transfer thru my bank, they charge about $20 to $30 for single transfer. It reaches any bank within 4 days but exchanged at current rate. Heard its cheaper through ICICI bank, but too many info to submit online so had to go with my Chase Bank. Hope members might have some good hints to share from their experience. Is Western Union good??? Any idea??
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