But even so, most NRIs wonder if they are using the right service provider for sending money to India. Is it safe to use this service? How long will it take before the money reaches the destination? Am I getting competitive exchange rates? Should I wait for a few days to transfer money to India to get a better rate?
To answer these questions, we have prepared a table of financial institutions that send money to India as shown below. Exchange Rates vary by the transaction amount and the method of transfer. Transfast did not honour the locked in exchange rate, and they charge more than the banks!!!
Comparing the conversion charges, they were the highest of all the remittance services!!! Please update your websites. Unusual for a company to live up to its advertising, but they really are that good. If you track the exchange rate on say Bloomberg, you'll see the rate rise and fall throughout the day. If you wait for a peak then go to RemitLite you'll see that price is immediately tracked.
I will definitely recommend this service to all. I agree with mohta, transfast is trying to lure customer under fake advertisement. Once you finish putting all the infor it would go back to signing mode. I have two account to transfer money to India.
My first experience with Axis was not good so since then I never used that account. But looking at the exchange rate here I decided to log in again and take a chance. Since last two days what ever rate published here is way more than what they are offering while making transaction. It took two weeks for initial transfer. And Customer care is too worst, there is no one you can call to, you will have to write an email to support team and God know when they will call you back.
If you miss their call by any chance, you will have write another email. Never use this service. Not even a single thing is good about them to mention. It is just a fishing website. It takes your data and elopes. Do not register until some one real posts good review about. Any positive review here is paid one and unreal. Skip to main content. Exchange Rate and Travel Tips Feed.
Comparison of Dollar to Rupee Exchange Rates. The Indian Rupee is the official currency of India. Scroll past the rate table to see the Exchange Rate Discussion Board.
Remitlite - Worst experience. Remitlite has very poor customer service. More information about text formats. Notify me when new comments are posted.
Replies to my comment. This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. What code is in the image? Safe Drinking Water in India. Cell Phone Service in India. Guaranteed Exchange Rate Bank Transfer ACH mechanism takes hrs for transfer Unlimited amount for bank deposit or draft delivery at home Bank draft delivery at home takes 3 days only Xpress Money option delivers cash at agent locations immediately Rs.
Transfer Fee as low as USD 2. Ria Money Transfer State Bank of India The exchange rate differs depending on the location of transfer over locations in US Rate given at the location of transfer is Guaranteed Money in 3 business days: Cash Pickup by recipients, Cash Delivery.More...