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Find the best ways to send money to the USA from India

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Compare 5 providers for a 37,500 INR transfer from India to the USA

Results updated 8 days ago.

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Compare 5 providers

Sorted by amount received

  • Best deal
    InstaReM
    8.0
    500 INR off your first transfer with code MONIT500
    2 to 3 days

    Recipient gets

    • Pay by: Bank transfer

      471.87 USD

      465.57 USD

      True cost: Free

  • Wise
    9.5
    Over 120,000 five-star reviews on Trustpilot
    Locked-in exchange rates
    3 to 5 days

    Recipient gets

    • Pay by: Bank transfer

      460.18 USD

      True cost: 874.38 INR

  • Remitout
    ?
    Only available for Indian students
    Next day

    Recipient gets

    • Pay by: Direct bank payment, Cash

      444.21 USD

      True cost: 2,145.45 INR

  • ICICI Bank
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.
    1 to 3 days

    Recipient gets

    • Pay by: Bank transfer

      432.98 USD

      True cost: 3,039.00 INR

      Estimated

    Details
  • Kotak Mahindra Bank
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.
    2 to 5 days

    Recipient gets

    • Pay by: Bank transfer

      431.28 USD

      True cost: 3,174.13 INR

      Estimated

    Details

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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How to send money from India to the USA at the best rate?

If the person you're sending money to wants to receive US dollars in her bank account in the USA, then InstaReM is the provider giving you the most US dollars for your money with competitive fees of 50 INR and a competitive INR-USD exchange rate (their current rate is 1 INR = 0.0126 USD).

In comparison, the total cost would be 3,174.13 INR (which is roughly -57x more expensive) if you wanted to use Kotak Mahindra Bank to make the same transaction.

For your transfer to the USA, you can also check out two other competitive money transfer solutions: Wise and Remitout.

This recommendation was updated a few minutes ago.

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Monito's Recommendations for Sending Money from India to the USA

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 India to the USA:

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Best Ways to Send Money from India to the USA

The Cheapest Ways to Transfer Money From India to the US

  1. Instarem with 194% total fees
  2. Wise with 2.17% total fees

Ranked by % total fees (incl. exchange rate margin) to send US$1000.00 on average in the past 30 days.

The Best Payment Method to Transfer Money From India to the US

  1. Via a wire transfer with Wise or Instarem
  2. Via direct UPI bank payment with Wise

How To Send Money to the USA From India Online

  1. Compare money transfer services on Monito’s real-time comparison engine
  2. Open an account online
  3. Set up your transfer using your beneficiary's bank details in the US
  4. Fund your transfer by UPI transfer, debit or credit card
  5. Click 'Send' and — voilà! Your money is on its way 💸
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Sending to a Foreign Bank Account?

See this guide to learn how to avoid hidden fees while sending from India to a foreign bank account.

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

Why Trust Monito?

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

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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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.

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