RemitLite is advertising online money transfers to India from the United States and the United Kingdom on their website, but the company doesn’t seem to still be actively marketing their services and didn’t answer to our requests for information. The automated email received after the sign-up speaks of an offering still in beta but their facebook and twitter accounts don’t have any updates since january 2016, it therefore appears as RemitLite services have been discontinued.
The service offered by RemitLite as described on their website is only for private transfers into savings account or Non-Resident Account (NRI accounts) in India, paid via bank transfers or direct debit (from the US only).
|Time to open an account||A few hours|
|Advanced currency contracts||No|
|Type of service provider||Online money transfer operators|
|Jurisdiction||United Kingdom/United States|