Transfers to a bank account

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The 7 best options to transfer USD to a bank account in India

  • See cost breakdown

    Total cost

    1.08 USD
    Exchange rate 71.3200 
    (-0.04%
    Fees 1.00 USD
    $10 off your first transfer with code MONIUS10
    Use code MONIUS10 to get $10 off your first transfer of $100 or above.

    Payment options

    Speed

    • Bank transfer
      2 days
  • See cost breakdown

    Total cost

    1.39 USD
    Exchange rate 70.8500 
    (-0.70%
    Fees 0 USD

    Payment options

    Speed

    • Direct bank payment
      3-5 days
    • Debit card
      (+ USD 4.99)
      3-5 days
  • See cost breakdown

    Total cost

    2.47 USD
    Exchange rate 70.4677 
    (-1.23%
    Fees 0 USD 0.99 USD
    Zero transfer fees with code MONITO

    Payment options

    Speed

    • Debit card
      Next day
    • Credit card
      Next day
  • See cost breakdown

    Total cost

    5.33 USD
    Exchange rate 70.8700 
    (-0.67%
    Fees 3.99 USD

    Payment options

    Speed

    • Bank transfer
      3-5 days
    • Debit card
      (+ USD 0.98)
      In minutes
    • Credit card
      (+ USD 6.98)
      In minutes
  • See cost breakdown

    Total cost

    6.89 USD
    Exchange rate 70.6700 
    (-0.95%
    Fees 4.99 USD

    Payment options

    Speed

    • Debit card
      Same day
    • Credit card
      Same day
  • See cost breakdown

    Total cost

    7.64 USD
    Exchange rate 71.3300 
    (-0.02%
    Fees 7.59 USD

    Payment options

    Speed

    • Bank transfer
      2 days
    • Debit card
      (+ USD 0.30)
      Next day
    • Direct bank payment
      (+ USD 0.30)
      3-5 days
    • Credit card
      (+ USD 3.62)
      Next day

Cash pick-up at an agent location

The 2 best options to send USD for cash pick-up at agent locations in India

  • See cost breakdown

    Total cost

    1.39 USD
    Exchange rate 70.8500 
    (-0.70%
    Fees 0 USD

    Payment options

    Speed

    • Direct bank payment
      3-5 days
    • Debit card
      (+ USD 4.99)
      3-5 days
  • See cost breakdown

    Total cost

    10.30 USD
    Exchange rate 70.5276 
    (-1.15%
    Fees 8.00 USD

    Payment options

    Speed

    • Debit card
      In minutes
    • Credit card
      In minutes


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What are the best options for your transfer from the United States to India?

We found 8 money transfer providers available for sending money to India from the United States.

If you want to transfer to a bank account in in India, the most competitive provider currently is InstaReM, with 1 USD for the transfer fees and a good USD-INR conversion rate (their current rate is 1 USD = 71.33 INR).

Adding the fees and exchange rate margin, the total cost with InstaReM is 1.08 USD, in comparison the total cost of your transfer would be 7.64 USD (which is roughly 7x more expensive) if you were to use TransferWise for the very same transaction.

Two other options for your transfer to India are worth considering: Transfast and WorldRemit.

You need the money in cash? We also list several providers able to send in cash in India: Transfast is currently most competitive provider with no transfer fees and a competitive USD-INR conversion rate (their current rate is 1 USD = 70.85 INR).

In comparison, you would pay a total cost of 10.3 USD if you chose to use MoneyGram for the very same transaction.

This recommendation was updated a few minutes ago.

We're here to help

Pascal Briod

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.

Questions you may have

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!