HIGHLIGHTS

Remit2India is the flagship brand of global digital payments specialist, TimesofMoney. A pioneer and trusted name in the online money transfer industry for over fifteen years, Remit2India has helped over a million NRIs, to conveniently and securely, transfer money to India.

With Remit2India, you get the option to lock an exchange rate when you book a transaction that means you get the assured rupee value in India even if there is a market fluctuation. You stand to get a little extra every time you send money through Remit2India with its additional benefits. You also get notified instantly every time a transaction takes place. Plus, you can set payment alerts for your regular payments as well as get reminders. You can also track your money instantly using the Status Tracker, which gives you instant updates on where your money has reached. With transfers from 24 countries and in 10 currencies, Remit2India is a fast, safe and convenient way to send money home to India.

What's Good About Remit2India

Send Money via ACH and Wire Transfer
Offers Competitive and Attractive Exchange Rates
$0 Transfer Fees For Transactions over $1000 in a Single Transaction
Offers Additional Benefits Like Guaranteed Exchange Rate, Indicative Exchange Rate and Referral Rewards

 

FEATURES (Currently showing rates for USD to INR change )

Today's Rate
$ Amount
₹ Exchange Rate
$50 - $10000
₹67.13*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $500
$3.00
$501 - $999
$5.00
$1,000 - $99,999
$0.00
Service Tax is applicable as per the Service Tax (Amendment) rules, 2012 of the Government of India & is recoverable from any foreign currency transfer into India.
Transfer Time
Bank Deposit
4 Days
Transfer Type
  • ACH Transfer
  • Wire Transfer
Daily Transfer Limit
ACH Transfer: $10,000
Wire Transfer Limit: $50,000
Receiving Method
  • Bank Deposit
Customer Service Info
1 (888) 736-4886
Company Headquarter
Mumbai, India
Company Type
Remittance Providers
Mobile App
Company Established
2001
Text Update (SMS)
No
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
  • Higher Transfer Limits

  • Money On Referral

  • Option to choose Guaranteed or Indicative rate

Document Requirements
According to compliance requirement

EDITORIAL REVIEW

Founded in 2001, Remit2India is powered by Times of Money and the partner bank is Axis Bank. It provides both guaranteed and indicative exchange rate and is the flagship brand for TimesOfMoney (TOML).

In order to send money through Remit2India most of the services require the sender to use a bank account. The ACH transfer uses the Automated Clearing House system to transfer money. The transaction takes 5 working days. The second service is Online Transfer which has no upper limit. You can send the money to over 90 banks in India and it takes 4-5 working days. To send large amounts of money Wire Transfer is also available through Remit2India that takes 2 working days. Finally, the Smart Check Transfer allows you to transfer checks that reach the recipient’s bank within 7 working days. You need not go to a bank and can mail the check to a local address along with a reference number.

Remit2India's money transfer service is flexible about the mode of receiving money and ascertains that the recipient receives the funds. The money can be received directly into the bank account or via demand draft. The drafts can be delivered to over 13,000 destinations and the money can be deposited in over 90 banks that include 11,000 SBI branches across the country. If the recipient does not have a bank account with the partner banks a locally payable demand draft in Indian Rupees can be sent to the recipient’s doorstep.  If the courier service does not reach the place it will be sent via registered post. The demand draft will reach in seven working days.

The transactions can be tracked through Remit2India Status Tracker. The transfer fee for the services is slightly high and ranges from $3-$25 depending on the amount of money you send. There is an additional fee of $3 for check transfer. Service charges may be levied too depending on the discretion of TOML. Remit2India claims that there are no additional hidden fees associated with the services.

But what is attractive about Remit2India are the discount offers. Limited time offers give a fee waiver for amount over $1000. There is also FX Voucher that gives 10 extra paisa for every dollar you send. The Power 30 gives high exchange rate plus $10 extra on the first 3 transactions. The Money on Referral program allows both you and your friend whom you refer to receive referral money.

Remit2India has various additional programs like Easy EMI where you can make regular payments to maintain your family and pay education and home loans. BillPay2India helps you pay bills and premiums in India.  My Exchange Rate enables you to specify that the money has to be transferred only when the exchange rate reaches the rate picked by you. A nominal fee is charged at the successful completion of transaction. Transaction Assurance is like insurance against fraud and is a guarantee that your money transfer remains safe from the time you send it to the time it reaches the recipient.

Remit2India has also won many accolades in the past like the 2010 Standard of Excellence Award from Web Marketing Association and was recognized as the "Best of Industry" in the International Business & Technology categories for 2010. 

Ultimately, Remit2India does not provide a wide variety of services like other remittance companies for sending money to india. There are no fast remittance services but it does provide a big platform for the users to save money by giving various kinds of discounts and offers.  

USER REVIEWS

Rahul
Posted on December 06, 2016, 12:21 am

Excellent service by Remit2India! I moved to UK few months back. When I started looking for a reliable money transfer service, one of my Indian colleagues suggested me to try Remit2India. By far, I have been satisfied with their services. For me, customer support quality matters the most, especially in terms of online services. Remit2India’s customer support hasn’t disappointed me. I send money back home on a monthly basis and the whole procedure has been quite smooth and hassle-free. All in all, I have been satisfied with the services offered by Remit2India and I would surely recommend them to anyone who wants to remit money safely back home.

 
Sunny
Posted on November 14, 2016, 04:34 am
Remit2India
Posted on November 27, 2016, 10:49 pm

Thank you Sunny. Our customer service team will be happy to hear this. Your positive feedback gets us going.

I had transferred some amount of money to India a few weeks back through Remit2India and experienced excellent service by their customer representative. The customer service guys are very helpful and provided me with all the information I asked for. As this was my first time transferring money through Remit2India, they guided me and informed everything about my transaction in detail. Many questions were asked to me by their compliance team and they asked many documents too. But they explained that this is because this is my first transaction and this wouldn’t happen for subsequent transactions. The money was transferred on the promised date. Overall, a very smooth money transfer experience.

 
KamleshS
Posted on September 07, 2016, 12:48 am
Remit2India
Posted on November 10, 2016, 04:16 am

Thanks Kamlesh. We are happy to hear this.

I have been transferring money from US to India since the past two years. I chose Remit2India as it was suggested by my best friend who uses their money transfer services to send money to India on a monthly basis. Remit2India has the best service when it comes to transferring money. The customer service is supportive and the executive with whom I spoke was very helpful. He provided me with all the details of my transaction. The money was received in 5 days as promised. I am very happy with my experience with Remit2India and would recommend to all my friends.

 
Amitabh
Posted on January 06, 2016, 04:18 am
Remit2India
Posted on January 22, 2016, 02:40 am

Hi Amitabh,

Thank You for using our services. We are glad that your transaction was smooth and you received a good exchange rate. At Remit2India, we make continuous efforts to provide excellent service and to delight our customers. We hope for your continued patronage and provide seamless experience every time.

I booked transaction on December 29, 2015 for USD 37,000. As this was my first transaction, i was little skeptical for sending such a big amount. I have to go through their verification process for which I was reluctant initially. However, I realized post speaking to my relationship officer that how important this process is for security of my account and account information. I also received a call from a compliance and the lady was polite enough to address my query. Due to consecutive bank holidays, my transaction got process on January 04, 2015 and believe me I received a very good exchange rate as compared to other service providers and the service is very much transparent and 24/7 customer support is added advantage. My special thanks to floor supervisor Mr. Harish and Mr. Praful for giving me a good and satisfactory customer service. I would recommend this service to everyone.

 
Amolo
Posted on April 01, 2015, 04:16 am

ive used quite a few online remittance websites and when it comes to sending money to india, i can surely vouch for remit2india.com exchange rates as one of the best. it was an instant saving of approx $20 amounting to 1200 rs for my brother back home. i wish they could improvise on the website navigation though !

 
Yesho
Posted on April 01, 2015, 12:45 am

I am using Remit2India from more than year, I am very Happy with the service, exchange rates. Earlier i was using Xoom and money2india every time i had some of the other problem. Hope Remit2India continue this service quality.

 
PrathameshK
Posted on February 16, 2015, 09:26 pm

Great service provided by Remit2india. Not only the rates are better than the others but they regularly come up with amazing offers. Before Remit2India i have tried Yes bank, Click2Remit & money2india but never had been satisfied with them. they always had some issues or the other. Since moving to Remit2India, I am thoroughly satisfied with their services.

 
Mital Ponamgi
Posted on August 16, 2014, 06:25 pm

these guys are the worst. DONT USE THEM!

 
sreekar
Posted on August 13, 2014, 02:40 pm

Worst: Don't go with this, exchange rate in the site and giving rate is different(almost 15 paise difference). When I asked them they told like their morning 3AM - 5AM exchange rate was that so we gave the same.For the first time transaction they will take 13 days to deliver money into destination bank.