Website - http://www.hdfcbank.com/nri_banking/money_transfer/USA/QuickRemit.htm
Bank Account in US - Wachovia
Transaction Charges - http://www.hdfcbank.com/assets/popuppages/forex_services_fees.htm
Exchange Rates - http://www.timesofmoney.com/remittance/jsp/remitExchangeRate.jsp
Exchange Rate (15th Sep'07) US$ 1.00 = INR 40.07
Toll Free: 1-888-9QUICKREMIT (1-888-9784257)
E-mail: quickremit@timesofmoney.com
Money2India - ICICI Bank
Website - www.money2india.com
Bank Account in US - Bank of New York
Transaction Charges - https://m2inet.icicibank.co.in/m2iNet/beneficiaryType.misc
Exchange Rates - https://m2inet.icicibank.co.in/m2iNet/exchangeRate.misc
Exchange Rate (10th July 2016) US$ 1.00 = INR 66.65
Toll Free: 1-866-ICICI4U (1-866-424-2448)
E-mail: nri@icicibank.com
Remit2India - Times of Money
Website - www.remit2india.com
Transaction Charges - https://www.remit2india.com/sendmoneytoindia/UnitedStates/exchange-rate.jsp
Exchange Rates - https://www.remit2india.com/sendmoneytoindia/UnitedStates/exchange-rate.jsp
Exchange Rate (10th July 2016) US$ 1.00 = INR 66.34
Click2Remit - Kotak Mahindra Bank
Website - http://www.kotak.com/nri-banking/transfer-money/click2remit.html
Transaction Charges - N/A
Exchange Rates - http://www.kotak.com/forex-rates.html
Exchange Rate (10th July 2016) US$ 1.00 = INR 66.55
Registration Form
AxisRemit - Axis Bank
Website - https://axisremit.axisbank.co.in/remittance/index.jsp
Transaction Charges - https://axisremit.axisbank.co.in/remittance/showTransferRates.action
Exchange Rates - https://axisremit.axisbank.co.in/remittance/showExchangeRates.action
Exchange Rate (10th July 2016) US$ 1.00 = INR 67.05
CitibankNRI - CitiBank
Website - www.CitiNRI.com
Exchange Rate (15th Sep'07) (??)
Cash2India
Website - www.cash2india.com
Exchange Rate (15th Sep'07) US$ 1.00 = INR 39.2215
Summary
Provider | Amount ($) | Transaction Rate ($) | Fees ($) | Amount | INR |
---|---|---|---|---|---|
AxisRemit | 500 | 67.05 | 0.14% of the gross value or INR 35/- whichever is higher | 500 | 33478.065 |
AxisRemit | 1000 | 67.05 | 0.14% of the gross value or INR 35/- whichever is higher | 1001 | 67023.08613 |
Indus Fast Remit | 500 | 66.75 | 0 | 500 | 33328.275 |
Indus Fast Remit | 1000 | 66.75 | 0 | 1001 | 66723.20655 |
MoneyGram | 500 | 66.49 | $4 | 500 | 33,249.13 |
MoneyGram | 1000 | 66.49 | 0 | 1001 | 66,564.75 |
Placid | 500 | 66.9 | 0 | 500 | 33,450.00 |
Placid | 1000 | 66.9 | 0 | 1001 | 66,966.90 |
Quickremit | 1 - 1000 | 66 | 2 | 2 | 2 |
Remitly | 500 | 67.2 | $3.99 | 500 | 33331.872 |
Remitly | 1000 | 67.2 | 0 | 1001 | 67267.2 |
Ria | 500 | 67 | 0 | 500 | 33,500.00 |
Ria | 1000 | 67 | 0 | 1001 | 67,067.00 |
Transfast | 500 | 66.90 | $2.99 per transaction | 500 | 33345.00 |
Transfast | 1000 | 66.90 | 0 | 1001 | 66966.90 |
Transferwise | >300 | 67.13 | 0.9%+$2.7 | 500 | 33,270.06 |
Transferwise | >300 | 67.13 | 0.9%+$2.7 | 1001 | 66,606.59 |
Xoom | 500 | 66.62 | $2.99 | 500 | 33310.00 |
Xoom | 1000 | 66.62 | 0 | 1001 | 66687.00 |
Money Calculator
MoneyGram - https://secure.moneygram.com/estimate/payment-options
Placid - https://www.placid.net/rates-fees.php
Ria - https://www.riamoneytransfer.com/price-calculator
Transfast - https://transfast.com/
Transferwise - https://transferwise.com/
Xoom - https://www.xoom.com/money-transfer-fees
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The Fine Print
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Money2India
Amount ($) | Transaction Rate ($) |
---|---|
1 - 1000 | 2 |
1001 and Above | 0 |
(For both ICICI & Non ICICI Bank Electronic Transfers)
Remit2India
Amount ($) | Transaction Rate ($) |
---|---|
50 - 500 | 3 |
501 - 1000 | 5 |
1001 - 10000 | 0 |
10001 - 25000 | 15 |
25001 - 50000 | 20 |
50000 and Above | 25 |
Additional Processing Charges For Paypal Transfers:3.95% of remittance amount.
Additional Processing Charges for Fixed Amount Remittance Transactions: 1% remittance amount.
Transfer Fees for Rupee Express transactions: Zero
Additional Processing Charges for Rupee Express transactions: 1.5% remittance amount.
Transfer Fees for Instant Remit transfers $5
Service Charges Applicable for each transfer.
Charges for card based remittance
Remittance amount ($) | Credit /debit card Charges ($) |
---|---|
Above 50 to 200 | 9 |
Above 200 to 500 | 16 |
Above 500 to 1000 | 31 |
Quickremit
Amount ($) | Transaction Rate ($) |
---|---|
100 - 200 | 0 |
201 - 500 | 0 |
501 - 2500 | 0 |
2501 - 5000 | 0 |
(For both HDFC & Non HDFC Bank Electronic Transfers)
Transfer limits (accounted as per clearing in India)
$5000 per transaction
$10000 per day
$12000 per week
$25000 per year (1st Jan - 31st Dec)
Starting 1st January 2007, Direct Credit facility to accounts with other banks will be provided only for transactions with amounts more than Rs. 1 lac. For all transactions with amounts less than Rs.1 lac a demand draft* will be issued for the same and dispatched. For any clarifications, please write to us at: quickremit@hdfcbank.com
*(A charge of 0.75/Rs.1000 will be deducted for issuing demand drafts)
For Demand Drafts delivered to Non HDFC Bank locations, extra fees of Rs. 0.75 per thousand rupees.
Check conversion rates for all these banks to send money to india here ...
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