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

As featured on
ForbesThe GuardianBusiness InsiderLe Monde

Compare 14 providers for a 1,750 USD transfer from the USA to India

Results updated 6 days ago.

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

  • Sponsored
    WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    Same day

    Recipient gets

    • Pay by: Debit card, Credit card

      136,262 INR

      136,030 INR

Compare 12 providers

Sorted by amount received

  • Best deal
    Remitly
    8.8
    Preferential fee and/or exchange rate on your first transfer
    Same day

    Recipient gets

    • Pay by: Credit card, Debit card

      138,373 INR

      136,185 INR


    4 to 6 days

    Recipient gets

    • Pay by: Bank transfer

      138,373 INR

      136,185 INR

  • XE Money Transfer
    7.8
    Popular with Monito users
    In minutes

    Recipient gets

    • Pay by: Debit card, Credit card, Bank transfer

      137,950 INR

  • MoneyGram
    7.7
    4 to 6 days

    Recipient gets

    • Pay by: Direct bank payment

      137,612 INR


    Same day

    Recipient gets

    • Pay by: Debit card

      137,179 INR

    • Pay by: Credit card

      132,050 INR

  • InstaReM
    8.0
    20 USD off your first transfer with code NEW20
    2 to 3 days

    Recipient gets

    • Pay by: Bank transfer

      137,358 INR


    In minutes

    Recipient gets

    • Pay by: Debit card

      134,611 INR

    • Pay by: Credit card

      133,237 INR

  • CurrencyFair
    8.6
    1 to 3 days

    Recipient gets

    • Pay by: Bank transfer

      137,259 INR

  • Wise
    9.5
    Over 120,000 five-star reviews on Trustpilot
    Locked-in exchange rates
    Next day

    Recipient gets

    • Pay by: Direct bank payment

      137,210 INR

    • Pay by: Bank transfer

      137,105 INR

    • Pay by: Debit card

      135,773 INR

    • Pay by: Credit card

      132,079 INR

  • Skrill
    8.4
    7 USD off your first transfer
    Next day

    Recipient gets

    • Pay by: Debit card

      136,494 INR

    • Pay by: Credit card

      132,740 INR

  • WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    Same day

    Recipient gets

    • Pay by: Debit card, Credit card

      136,262 INR

      136,030 INR

  • Xoom
    6.4
    2 days

    Recipient gets

    • Pay by: Bank transfer

      136,168 INR

    • Pay by: Credit card, Debit card

      132,045 INR

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

    Recipient gets

    • Pay by: Bank transfer

      136,054 INR

      Estimated

    Details
  • Xendpay
    6.6
    2 days

    Recipient gets

    • Pay by: Credit card, Debit card

      133,425 INR

  • Bank of America
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.
    Next day

    Recipient gets

    • Pay by: Bank transfer

      132,684 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.

Report a problem

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

Our comparison engine found 14 options to send money from the USA to India.

If you need the recipient to receive Indian rupees in her bank account in India, then Remitly is at the moment the most competitive option with zero transfer fees and a very competitive USD-INR exchange rate (currently at 1 USD = 79.07 INR).

In comparison, you would pay a total cost of 69.86 USD (approximately -32x more) if you selected to use Bank of America to make the same transaction.

Two other money transfer providers that could be interesting for your transfer are XE Money Transfer and MoneyGram.

You need the money in cash? We also list several money transfer providers able to send Indian rupees for cash pick-up in India: Remitly is currently the cheapest provider with no transfer fees and a competitive USD-INR conversion rate (current rate: 1 USD = 79.07 INR).

In comparison, you would pay a total cost of 18.42 USD if you wanted to use MoneyGram for the very same transfer with cash pick-up as the pay-out option.

This recommendation was updated a few minutes ago.

Want to send money to the USA from India instead?

Get our email alerts

We'll send you the exchange rate, best deal, and other helpful tips.

By continuing, you accept Monito's Privacy Policy and allow us to send you email alerts, as well as occasional money transfer tips, advice and marketing emails. You can unsubscribe at any time. Read our Privacy Policy.

  • 10M+ money transfer comparisons made

  • $38M+ in Transfer fees saved

  • 200 services reviewed and compared

  • 650 guides to help you avoid hidden fees

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

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 the USA to India:

recommendation icon

Best Ways to Send Money from the USA to India

The Cheapest Ways to Transfer Money From the USA to India

  1. Instarem with 1.30% total fees
  2. Wise with 1.37% total fees
  3. WorldRemit with 2.84% total fees
  4. MoneyGram with 3.17% total fees
  5. OFX with 3.66% total fees

Ranked by % total fees (incl. exchange rate margin) to send US$1,000.00 on average in the past 30 days.

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

  1. Via a bank transfer with Instarem
  2. By debit card with Skrill
  3. By credit card with Skrill
  4. Via direct ACH bank payment with Wise
  5. In cash at a location with MoneyGram
info icon

Living in India?

If you are living in India and want to receive money cheaply from your friends and loved ones abroad, then take a look at our in-depth guide here.

The Best Ways To Receive Money In Canada From the USA to India

  1. Via a UPI bank deposit with Instarem
  2. Via cash pick-up with MoneyGram
  3. Via cash home delivery with Xoom
  4. Pay bills with Xoom
  5. Top-up airtime with Xoom

Best Rated Providers to Send Money from the USA to India

How to Transfer Money From the USA to India

If you're like most NRIs sending money home from the US, you probably want to keep your currency exchange fees to an absolute minimum when converting from dollars to rupees. Using Monito's comparison tools and savvy how-to resources, you can find exactly how to transfer money from the USA to India by taking advantage of the simplest, speediest, and most secure ways to transfer your money from the US to India — no matter the amount or the pay-out method.

First, it's worth noting that although there are many ways to transfer money from the USA to India, not all of them are suited for your needs. Some (e.g. wire transfers with traditional banks) can often be costly and slow. In contrast, others (e.g. PayPal's international transfer arm Xoom) are popular among NRIs in the US but still don't offer the fairest fees and exchange rates, the fastest transfer speeds, or the most flexible payment options.

To find out how to transfer money from the USA to India, take a look at the overview below to discover how to transfer different amounts from the USA to India for two of the most popular receiving methods — bank deposits and cash pickup:

Bank Transfers From the USA to India

To transfer money from the USA to a bank account in India, you will have two options. Firstly, you can make a wire transfer from the USA to India (also known as a "wire transfer"), which is done from your American bank account to your (or your recipient's) Indian one. These wire transfers are the preferred method of high-street banks and tend to be very slow and pricey. See more about making a wire transfer in our in-depth guide here.

The other option you have is to make an ordinary bank transfer (i.e. an ACH transfer in the US) to the local bank account of an international money transfer specialist service, which, in turn, will pay out the funds more quickly and cheaply to your recipient in India than the bank would.

When sending money from the USA to India, these specialist services are significantly faster and equally secure as the banks, and everything is wrapped up at a fraction of the cost. This is because funds sent via wire transfers (the method most banks use to send money abroad) typically need to follow several steps as they pass along the SWIFT network, adding new time and costs to the process. Find out more about how ordinary ACH transfers differ from wire transfers in our guide here.

According to search data from Monito's comparison engine for transfers from the USA to India in 2020, the following transfer services were, on average, the cheapest for various transfer amounts:

Very Small Bank Transfers (<US$100)

💻 Service: WorldRemit

💵 Cheapest: On 53.3% of Monito bank searches below US$100 from the USA to India in 2020

Small Bank Transfers (<US$500)

💻 Service: Ria

💵 Cheapest: On 28.4% of Monito bank searches up until US$500 from the USA to India in 2020

Medium Bank Transfers (<US$1,000)

💻 Service: Instarem

💵 Cheapest: On 38.1% of Monito bank searches up until US$1,000 from the USA to India in 2020

Large Bank Transfers (>US$5,000)

💻 Service: Instarem

💵 Cheapest: On 64% of Monito bank searches above US$5,000 from the USA to India in 2020

To learn more about the cheapest services for sending money online from the US to India, take a look at our in-depth guide on the topic here.

Very Large Bank Transfers From the USA to India

If you'd like to send a substantial amount of money from the US to a bank account to an Indian one (i.e. more than US$50,000), then your best bet will be to use a foreign exchange broker. These services are similar to ordinary money transfer and remittance services. The main difference is that they're specialised in large transfers and can negotiate favorable exchange rates on your behalf.

According to search data on Monito's comparison engine from 2020, OFX was by far the cheapest forex broker for international money transfers from the US to India, being the cheapest service on 80.7% of all searches above US$50,000 during that period.

Cash Pickup Transfers From the USA to India

The other major pay-out method popular among NRIs sending money from the USA to India are cash pickups. These transfers allow recipients in India to retrieve their money in cash from a physical location rather than having them deposited electronically into their bank account.

According to search data from Monito's comparison engine in 2020, the cash pickup services that were, on average, cheaper than the rest depended largely on how much money was being sent in the first place:

Smaller Cash Transfers (<US$1,000)

💻 Service: Ria

💵 Cheapest: On 55% of Monito cash pickup searches up until US$1,000 from the USA to India in 2020

Larger Cash Transfers (>US$10,000)

💻 Service: Xoom

💵 Cheapest: On 49% of Monito cash pickup searches up until US$10,000 from the USA to India in 2020

Looking To Save on Every Transfer?

There's probably a fair chance that you're looking to save money on your transfers from the US to India no matter the amount you send or the receiving method. If this sounds like you, then we recommend that you make a point of checking our comparison engine before every transfer. That way, you'll ensure that you both discover the cheapest service in real-time and make considerable savings on your transfers to India:

What's the Best Way To Send Money to India From the USA?

In our experience comparing the international money transfer market, we've found that when people are looking for the "best" way to send money from one country to another, they're usually talking about cost, speed, security — or a combination of all three.

When it comes to security, you can rest assured that all services appearing on Monito are fully authorized money transfer operators that have been vetted against the highest standards of security and reputability even before showing up on our comparison engine. However, while all services on Monito are just as secure, not all of them are just as cheap or fast when it comes to transfers from the USA to India.

The Fastest Way To Send Money to India From the USA

While it's sadly not possible to send money instantly from the USA to India, it is possible to get the job done very quickly, with some services taking a matter of hours — or even minutes.

When it comes to bank transfers from the US to India, Remitly, for example, offers some of the fastest transfers available, and with them you can expect money to arrive in your recipient's bank account in just a matter of minutes. For cash pickup transfers, Small World and Remitly are on average the quickest services, with cash also frequently being ready for pickup in India within minutes after payment has been made in the US.

To see Monito's top tips for sending money abroad quickly, be sure to see our how-to guide here.

The Cheapest Way To Send Money to India From the USA

As we discovered above, the cheapest way to send money from the USA to India depends quite considerably on the receiving method and the amount sent. However, on average, the following services took the cake in 2020 according to search data from Monito's comparison engine:

For transfers from the USA to India for cash pickup, the cheapest services in 2020 were Ria (which was the cheapest on 47% of searches), Xoom (cheapest on 29%), and MoneyGram (cheapest on 14%).

recommendation icon

Instarem was the cheapest transfer service on 24% of all Monito searches from the USA to India in 2020

For bank transfers from the USA to India, the playing field was more competitive. According to Monito's comparison data, the cheapest services in 2020 were Instarem (which was the cheapest on 24% of searches), followed closely by Ria and Wise (both cheapest on 22% of searches), and Skrill (cheapest on 19% of Monito searches.)

We hope that you found this comparison guide useful. To discover the lowest money transfer fees in real-time, be sure to run a search on Monito's comparison engine to get the job done and sign up for rate alerts so you can find the best times to send money from the United States to India.

The Cheapest Way to Send Money From the USA to India

Let's start with the most expensive solutions: banks, cash-based money transfers, and mobile payments apps like Paypal are typically very expensive options when you factor in all fees including hidden exchange rate margin fees).

As we mentioned above, the cheapest way to transfer money internationally is to use a specialist money transfer service. They provide much more competitive rates, fees, and commissions than banks or Paypal. Their fees depend on various factors:

  • Pay-in options: Credit card, bank transfer, cash payment, etc.
  • Amount transferred from the USA to India: The cheapest operator will not necessarily be the same for a transfer of $500 and a transfer of $5,000.
  • Transfer speed: Does the money have to be available instantly, or can a beneficiary wait a few days?
  • Pay-out options: Will the money arrive in your beneficiary's bank account, or will they receive it in cash?

A dozen other parameters influence the price of sending money to India. You should check out Monito’s live comparison tool with dozens of services to find the cheapest or fastest one for you!

Fastest Way To Send Money to India From the USA

It should come as no surprise that the speed of your transfer depends on the method you choose to send your money from the USA to India.

Online money transfer providers are typically the fastest option. For example, Instarem offers transfers that will go to the recipient's account the same day, whereas Skrill and Wise offer transfers that arrive the next business day. 

When comparing the fastest options, always be sure to also compare the exchange rate to check you’re not getting a poor deal. More information about the fastest way to send money abroad can be found in our guide.

Frequently Asked Questions About Sending Money From the USA to India

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.

Learn more about Monito
  • Monito is Trusted by 15+ Millions Users across the globe.

  • Monito's experts spend hours researching and testing services

  • Affiliate commissions we may receive never impact our independence

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.

Monito.com

Global Impact Finance Ltd
Avenue de Montchoisi 35
1006 Lausanne
Switzerland

Affiliate Disclosure
Instead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations.