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Top 5 providers to send money from the USA to India

There are a large number of providers on the internet offering to send money from USA to India. However, after visiting the website of each of them, you may find that they have different terms and rates for transfers. To help you choose the best option, the FromTo.money comparison service has highlighted the most suitable […]

There are a large number of providers on the internet offering to send money from USA to India. However, after visiting the website of each of them, you may find that they have different terms and rates for transfers.

To help you choose the best option, the FromTo.money comparison service has highlighted the most suitable providers to send money to India from the USA.

Full and up-to-date information about the terms and conditions of each provider can be found on the page.

1. XE

XE

For new customers, XE provides a favorable exchange rate when sending money from the USA to India.

Currencies:

Through XE, it is possible to send a transfer from the USA in dollars, and in India to receive in rupees.

Payment and Withdrawal:

You can use a debit card, credit card, bank debit (ACH) or a US bank account to pay for a transfer. For receiving funds, an Indian bank account should be specified.

Speed of crediting funds:

When sending funds from a card or bank account, the entire process takes up to 24 hours and using bank debit not more than three banking days.

2. Instarem

Instarem

When you send your first two transfers from the USA to India, Instarem makes a $10 off using code FROMTO.

Currencies:

From the USA, sending is in dollars, receiving in India is in rupees or dollars.

Payment and Withdrawal:

In the USA, you can pay by debit card, credit card, ACH/Direct Debit, Wire Transfer, Payee. Receipt of funds in India is through bank account only.

Speed of crediting funds:

If you send a transfer to an Indian bank account, the funds will arrive within two business days.

3. WorldRemit

Worldremit

WorldRemit does not charge fee for the first 3 online transfers with code 3FREE.

Currencies:

Sending is only possible in US dollars, receiving is possible in Indian rupees.

Payment and Withdrawal:

Sending money from the USA is available via credit or debit card. Receipt for transfers in India is available to a bank account or through Airtime Top up.

Speed of crediting funds:

WorldRemit has a crediting time of just a few minutes.

4. MoneyGram

MoneyGram

MoneyGram supports various ways to send money from the United States to India and does not charge a fee for the first online money transfer.

Currencies:

The company uses a single currency pair for transfers from the USA to India: the dollar-rupee.

Payment and Withdrawal:

In the USA, you can choose credit cards, debit cards, online banking or cash to make a payment. In India, you can receive money to your bank account, debit card or cash at any MoneyGram locations.

Speed of crediting funds:

When using bank cards or cash to send and receive funds from the United States to India, the transfer time will take a few minutes.

5. Wise (formerly TransferWise):

Wise

Wise provides the option of transferring money from the USA to India at favorable rates, but charges a fee as a percentage of the transfer amount.

Currencies:

Sending and receiving a transfer from the USA to India is possible in dollars or rupees.

Payment and Withdrawal:

You can send money by debit card, credit card, bank account or bank debit (ACH). Receipt of funds is made to a bank account in India.

Speed of crediting funds:

The duration of transfer execution depends on the method of depositing funds and does not exceed 1-2 days. For faster crediting of funds, it is best to use a US bank card.

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