What's the cheapest way to send money from Hong Kong to India?

The cheapest way to send money from Hong Kong to India is through an online provider. Among the 8 available, [Instarem](https://go.monito.com/instarem?lng=en) was most often the cheapest provider (in 71.5% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from Hong Kong to India?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: [Instarem](https://go.monito.com/instarem?lng=en) (cheapest in 71.5% of the searches) [Western Union](https://go.monito.com/western-union?lng=en) (cheapest in 28.3% of the searches) [CurrencyFair](https://go.monito.com/currencyfair?lng=en) (cheapest in 0.2% of the searches)

How much does it cost to send money from Hong Kong to India?

If you send money with the cheapest available provider, the total cost of a HKD-INR transfer was 0.1% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 6.6%.

Is Western Union a good option for sending money from Hong Kong to India?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Hong Kong to India with Western Union* is 0.6% of the amount you send, whereas the cheapest online services have an average cost of 0.1%. [Western Union](https://go.monito.com/western-union?lng=en) is the provider that is most often the cheapest for money transfers to a cash pick-up location in India. *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

What's the cheapest provider to send money from Hong Kong to a cash pick-up location in India?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in India was [Western Union](https://go.monito.com/western-union?lng=en), with an average cost of 1.3% of the amount you send (includes fees + exchange rate margin). The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.1%. [Instarem](https://go.monito.com/instarem?lng=en) was the provider most often the cheapest for transfers to bank accounts in India.

What is the fastest option to send money from Hong Kong to India

The provider that was most often the fastest provider in comparisons of the past 30 days was [Western Union](https://go.monito.com/western-union?lng=en) (average fastest transfer time: In minutes)

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Top Providers For transfers from Hong Kong to India

Based on 1,084 comparisons made by Monito users in the past 3 months.

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Best for Transfers to a Bank Account

Cheapest
8.3

Cheapest

in 72% of all comparisons
Go to Instarem
Top rated
8.5

Top rated

in 94% of all comparisons
Go to CurrencyFair
Fastest
8.6

Fastest

in 71% of all comparisons
Go to Western Union

Best of 8 providers. Compare all

Best for Transfers to Cash Pickup

Cheapest
8.6

Cheapest

in 67% of all comparisons
Fastest

in 67% of all comparisons
Go to Western Union
Top rated
8.5

Top rated

in 93% of all comparisons
Go to MoneyGram

Best of 2 providers. Compare all

Stay on top of the market

1 HKD = INR Mid-market exchange rate

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Compare 5 providers for a 1,000 HKD transfer from Hong Kong to India

Results updated . 2 days ago

For the most up-to-date and accurate results, start a new search

Sponsored
8.5
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

8.9
Service & Quality

7.7
Fees & Exchange Rates

8.2
Customer Satisfaction

9.1
Read the full review
Transfer time

Fee & rates

Recipient gets

In minutes

Pay by Credit card, Debit card

Recipient gets

Fee 8.00 HKD

Exchange rate 11.8617

1.07% worse than mid‑market rate

11,767 INR

You pay

1,000.00 HKD

Fee

8.00 HKD

Exchange rate

11.8617

1 HKD = 11.8617 INR

1.07% worse than mid‑market rate 11.9903

Recipient gets
11,767 INR

Transferred to a bank account

Details Go to MoneyGram Go

Compare 4 providers

Sorted by amount received

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Best deal
8.3
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

8.9
Service & Quality

6.7
Fees & Exchange Rates

9.3
Customer Satisfaction

8.4
Read the full review
Includes zero transfer fees on your first transfer Details

Transfer time

Fee & rates

Recipient gets

1 to 3 days

Pay by Bank transfer

Recipient gets

Fee 5.90 HKD

Exchange rate 11.9880

0.02% worse than mid‑market rate

11,917 INR

11,915 INR

You pay

1,000.00 HKD

Fee

5.90 HKD

Exchange rate

11.9880

11.9856

1 HKD = 11.9880 INR

0.02% worse than mid‑market rate 11.9903

Recipient gets
11,917 INR

11,915 INR

Transferred to a bank account

In minutes

Pay by Debit card

Recipient gets

Fee 25.90 HKD

Exchange rate 11.9880

0.02% worse than mid‑market rate

11,678 INR

11,675 INR

You pay

1,000.00 HKD

Fee

25.90 HKD

25.90 HKD

Exchange rate

11.9880

11.9856

1 HKD = 11.9880 INR

0.02% worse than mid‑market rate 11.9903

Recipient gets
11,678 INR

11,675 INR

Transferred to a bank account

Details Go to Instarem Go
8.5
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

9.1
Service & Quality

7.7
Fees & Exchange Rates

8.2
Customer Satisfaction

8.9
Read the full review
Includes zero transfer fees on all transfers for 3 months Details

Transfer time

Fee & rates

Recipient gets

1 to 6 days

Pay by Bank transfer

Recipient gets

Fee Free

Exchange rate 11.9040

0.72% worse than mid‑market rate

11,904 INR

11,784 INR

You pay

1,000.00 HKD

Fee

0.00 HKD

10.08 HKD

Exchange rate

11.9040

1 HKD = 11.9040 INR

0.72% worse than mid‑market rate 11.9903

Recipient gets
11,904 INR

11,784 INR

Transferred to a bank account

Details Go to CurrencyFair Go
8.6
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

9.0
Service & Quality

8.5
Fees & Exchange Rates

7.4
Customer Satisfaction

9.5
Read the full review
Transfer time

Fee & rates

Recipient gets

Up to 1 day

Pay by Bank transfer

Recipient gets

Fee 5.00 HKD

Exchange rate 11.9264

0.53% worse than mid‑market rate

11,867 INR

You pay

1,000.00 HKD

Fee

5.00 HKD

Exchange rate

11.9264

1 HKD = 11.9264 INR

0.53% worse than mid‑market rate 11.9903

Recipient gets
11,867 INR

Transferred to a bank account

In minutes

Pay by Credit card, Debit card

Recipient gets

Fee 40.00 HKD

Exchange rate 11.8425

1.23% worse than mid‑market rate

11,369 INR

You pay

1,000.00 HKD

Fee

40.00 HKD

Exchange rate

11.8425

1 HKD = 11.8425 INR

1.23% worse than mid‑market rate 11.9903

Recipient gets
11,369 INR

Transferred to a bank account

Details Go to Western Union Go
8.5
Our score
The score is based on our independent, in-depth evaluation based on over 50 data points.

Trust & Credibility

8.9
Service & Quality

7.7
Fees & Exchange Rates

8.2
Customer Satisfaction

9.1
Read the full review
Transfer time

Fee & rates

Recipient gets

In minutes

Pay by Credit card, Debit card

Recipient gets

Fee 8.00 HKD

Exchange rate 11.8617

1.07% worse than mid‑market rate

11,767 INR

You pay

1,000.00 HKD

Fee

8.00 HKD

Exchange rate

11.8617

1 HKD = 11.8617 INR

1.07% worse than mid‑market rate 11.9903

Recipient gets
11,767 INR

Transferred to a bank account

Details Go to MoneyGram Go

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

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By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
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Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice.

Monito's Recommendations for Sending Money from Hong Kong to India

Advertiser disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Hong Kong to India:

Best Ways to Send Money from Hong Kong to India

The best rated: CurrencyFair (8.5/10)
The cheapest: Instarem and Western Union
The fastest: Western Union
The best rated (transfer to cash pickup): MoneyGram (8.5/10)

Frequently Asked Questions

What's the cheapest way to send money from Hong Kong to India?

The cheapest way to send money from Hong Kong to India is through an online provider. Among the 8 available, Instarem was most often the cheapest provider (in 71.5% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from Hong Kong to India?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- Instarem (cheapest in 71.5% of the searches)
- Western Union (cheapest in 28.3% of the searches)
- CurrencyFair (cheapest in 0.2% of the searches)
How much does it cost to send money from Hong Kong to India?

If you send money with the cheapest available provider, the total cost of a HKD-INR transfer was 0.1% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 6.6%.
Is Western Union a good option for sending money from Hong Kong to India?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Hong Kong to India with Western Union* is 0.6% of the amount you send, whereas the cheapest online services have an average cost of 0.1%.

Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in India.

*Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.
What's the cheapest provider to send money from Hong Kong to a cash pick-up location in India?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in India was Western Union, with an average cost of 1.3% of the amount you send (includes fees + exchange rate margin).

The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.1%. Instarem was the provider most often the cheapest for transfers to bank accounts in India.
What is the fastest option to send money from Hong Kong to India

The provider that was most often the fastest provider in comparisons of the past 30 days was Western Union (average fastest transfer time: In minutes)

About Money Transfers from Hong Kong to India

Monito compares 8 providers offering international money transfer services from Hong Kong to India. The total cost of the cheapest available option at any given point in the past month was 0.1% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 6.6%.

💸 Number of providers	8
🏆 Cheapest provider (on average)	Instarem
💰 Lowest total cost (on average)	0.1%
💰 Highest total cost (on average)	6.6%
💸 Most transferred amount	1000 HKD
⚡ ️Fastest transfer time	In minutes
💳 Pay-in options	Credit card, Debit card, Bank transfer, International bank transfer
💵 Pay-out options	Cash pickup, Bank account, Bank account (via international transfer)
👍 Recommended providers	MoneyGram, Skrill, Instarem, OFX, Moneycorp, CurrencyFair, Currency Solutions

Best Rated Providers to Send Money from Hong Kong to India

8.6

8.5

8.5

8.3

8.3

8.0

7.8

7.6

See Monito's In-Depth Money Transfer Guides

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illustration of time to transfer money abroad

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August 4, 2026 - by François Briod

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November 22, 2022 - by Byron Mühlberg

Best Money Transfer Services

November 4, 2026 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to India?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to India, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to India.

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Why You Can Trust Us

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, Monito co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services worldwide.

Today, Monito’s award-winning comparisons, reviews, and guides (no longer just about money transfers but also digital accounts, travel cards, eSIMs, and travel insurance) are trusted by millions each year. Our recommendations are backed by our comparison data and dozens of expert tests, allowing you to confidently make the savviest decisions.

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The world's best money transfer comparison app

Find the best ways to send money to India from Hong Kong

Top Providers For transfers from Hong Kong to India

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

Stay on top of the market

Get our email alerts

Compare 5 providers for a 1,000 HKD transfer from Hong Kong to India

Monito's Recommendations for Sending Money from Hong Kong to India

Best Ways to Send Money from Hong Kong to India

Frequently Asked Questions

About Money Transfers from Hong Kong to India

Best Rated Providers to Send Money from Hong Kong to India

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Mid-market exchange rate

Why You Can Trust Us