Monday, March 25, 2019

Online Transfer - Best Way to Send Money to Family in India

More players are entering the non-resident Indian (NRI) segment with better exchange rates and facilities to offer. So it is very important to explore all options before choosing a provider when sending money to India.

If you are looking for best ways send an funds to India with at least expensive and high level of security, best way is online transfer Here are list of best 4 online transfer services to send funds to India.

1) ICICI Money2India - Money2India is an online money transfer facility from ICICI bank. There are various services offered under Money2India by ICICI bank for which you have to get yourself registered with them.

2) SBI Remit - Web-based product for remittances to India from US by State Bank of India, the largest state-owned banking and financial services company in India. There are various ways one can do a remittance using the options provided by State Bank of India; one of the easiest ways is the online transfer using SBI express remit.

3) Remit2India - Independent online fund transfer service for NRIs by Times Group. There are various ways one can do a remittance including send money to 60,000 branches of 90 banks in India (HDFC Bank, ICICI Bank, State Bank of India and many more). Remit2India is a secure online money transfer service for NRIs to send money to India from United States, United Kingdom, Australia, Singapore, Canada, UAE, Hong Kong, Germany, Spain & other Euro Countries.

4) HDFC Quickremit - HDFC Bank offers Quickremit an International Money transfer Service that allows you to send money to India from US, UK, Singapore and other International countries.

All the above mentioned services need a Bank account, if you do not have bank account or do not want to deal with a bank to send money online, one of the most popular methods of remitting to India is using Instant global money services like Xoom, MoneyGram etc.

But These Instant global fund services charge more fee compared to online money transfer services. So, compare prices and exchange rates of the different service companies. Choose the service according to your needs.