Indians are one of the big communities in the United States, and a lot of us are sending money back home to India, to support our families, pay a bill, or fill our savings account. Before sending your USD into INR, it is very important to compare your options, to find the providers with the lowest costs and best Dollars to Rupees exchange rates.
Fees and rates change all the time, but we’ll do the research and send you an email every two weeks to make sure you always get the best deal.
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We found 10 options offering money transfers from the United States to India.
To transfer your to a bank account in in India, the cheapest provider at the moment is InstaReM, with 1 USD for the transfer fees and a competitive USD-INR exchange rate (their current exchange rate is 1 USD = 71 INR).
The total cost of your transfer with InstaReM is -3.6 USD, compared to that, the total cost of your transfer would be 7.59 USD (approximately -2x as much) if you wanted to use TransferWise to make the same transfer.
For transferring money to India, you can also check out two other competitive providers: Transfast and WorldRemit.
You need the money in cash? No problem, we list several money transfer providers able to send for cash pick-up in India: the most competitive provider currently is Transfast, with zero transfer fees and a good USD-INR conversion rate (their current rate is 1 USD = 69.07 INR).
Adding the fees and exchange rate margin, the total cost for a cash transfer with Transfast is 0.96 USD, in comparison the total cost of your transfer would be 10.06 USD if you wanted to use MoneyGram to make the same transfer.
This recommendation was updated a few minutes ago.
Hi! I'm Pascal and I am in charge of making Monito as helpful as possible for you. Don't hesitate to drop me a line if you have a question, if you need help to understand the results or to find the best operator for your transfer.
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.
Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. Once you fill out the above form and click on compare, you’ll see a list of all the options to send money between two countries. The cheapest option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
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.
Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to their website to get started with your money transfer.
As much as we try to have complete information and to include as many money transfer companies in our results, we sometimes miss a few. In this case, the best solution would be to write us a short message to let us know what’s missing!