Methods for Money Transfer to India

• Log onto there site remit2india and do money transfer to India from any bank account across the USA, UK, Australia, Canada, The European Union and many other countries.
• Cost: $3 for upto $500 transfer. Free Money Transfer above $1000.
• PayPal, Check, Pay by Online-ACH or Wire.
• Receiver can have it by Local Demand Draft at any location in India, Direct Credit in any bank.
• It takes an estimated Time 2 to 5 days.
• You can check Online Status of your Money Transfer to India request.
• Credit or Debit card not accepted.

Read this for understanding what to look in a good Money Transfer Service.

Western Union Overseas Money Transfer to India Service

• With this method you can execute your Money Transfer to India request using U.S. bank issued Visa or MasterCard credit or debit card.
• Commission for western union is on Higher side.
• But it is convinient to send cash directly over telephone.
• Another disadvantage is that Credit card company may charge a cash advance fee.
• You can also do remittance by Money Order.
• Big advantage is Funds available immediately.

ICICI Send Money to India

• You need to open an ICICI Bank account with minimum account balance of Rs 5,000(INR).
• But you can Transfer Money to India to any account free with ICICI Bank.
• It also offers Best Exchange rate.

MoneyGram International Money Transfer to India

• This is not an online method. Sender and receiver need to visit an authorised agent during office hours.
• It claims money being available within 10 minutes.
• But it has limited availablability. With only major cities or towns having an authorised service agent.

Cash2India Money Transfer to India

• First you need to register for an account.
• Then provide recipients Information.
• Pay by Credit Card or Debit card or e-check.
• It delivers Punjab National Bank cheque by Blue Dart within 48 hours.
• It is Person-to-Person transactions only.
• Local Courier service in 1200 large metros and towns, other places by registered mail.
• Non-Refundable transactions
• Credit card company may charge Cash advance fee.

Read this for understanding what to look in a good Money Transfer Service.