Sunday, September 16, 2007

Send Money to India

Quickremit - HDFC Bank
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
ProviderAmount ($)Transaction Rate ($)Fees ($)AmountINR
AxisRemit50067.050.14% of the gross value or INR 35/- whichever is higher50033478.065
AxisRemit100067.050.14% of the gross value or INR 35/- whichever is higher100167023.08613
Indus Fast Remit50066.75050033328.275
Indus Fast Remit100066.750100166723.20655
MoneyGram50066.49$450033,249.13
MoneyGram100066.490100166,564.75
Placid50066.9050033,450.00
Placid100066.90100166,966.90
Quickremit1 - 100066222
Remitly50067.2$3.9950033331.872
Remitly100067.20100167267.2
Ria50067050033,500.00
Ria1000670100167,067.00
Transfast50066.90$2.99 per transaction50033345.00
Transfast100066.900100166966.90
Transferwise>30067.130.9%+$2.750033,270.06
Transferwise>30067.130.9%+$2.7100166,606.59
Xoom50066.62$2.9950033310.00
Xoom100066.620100166687.00

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 - 10002
1001 and Above0

(For both ICICI & Non ICICI Bank Electronic Transfers)

Remit2India

Amount ($)Transaction Rate ($)
50 - 5003
501 - 10005
1001 - 100000
10001 - 2500015
25001 - 5000020
50000 and Above25


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 2009
Above 200 to 50016
Above 500 to 100031


Quickremit

Amount ($)Transaction Rate ($)
100 - 2000
201 - 5000
501 - 25000
2501 - 50000

(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.

1 comment:

  1. Check conversion rates for all these banks to send money to india here ...

    http://india.madhukar4e.com

    ReplyDelete