If you are in search of cheap money transfer options to send money to India from the US, you have come to the right blog!
With countless options available in the money transfer marketplace, it is important to know how to navigate the labyrinth of international money transfer services to find the most affordable and secure solution.
This blog is your guide to achieve just that-affordable, cheap, and secure money transfers to India from the USA.
Say goodbye to hidden fees and unfavorable exchange rates as we uncover tips, and services that will empower you to make your international money transfers a breeze.
An international money transfer's cost depends on a few key factors:
If you want to send money in a different currency, it is crucial to understand the intricacies of currency exchange rates.
When you send money internationally, the financial institution or service provider handling your transaction will convert your USD to INR. This conversion rate is where they make a profit, typically offered at a rate higher than the real exchange rates.
To ensure you are getting a fair deal, compare what you are quoted with the real exchange rates, which you can find on any of the currency conversion tools such as XE, Reuters, etc.
While the exchange rate is not a fee, it significantly impacts the cost of the money transfers. It determines the final amount your beneficiary receives.
Given that exchange rates fluctuate due to market conditions, it's best to consider these fluctuations when sending money transfers to India from the USA.
Some money transfer services use third-party banks to facilitate international money transfers. This third party usually deducts a certain fee from the amount that your beneficiary finally receives. The fees vary depending on the banks and are typically not shown upfront.
This fee is imposed by the service provider and the exact amount can differ from one provider to another.
It is applied when you are converting one currency to another. The fee is typically consistent and follows rates established by the government. It's important to be aware that this tax is associated with currency conversion transactions.
Service tax is a charge applied to the commission, not the entire transaction amount. In other words, the percentage applied for service tax is based on the commission fee imposed by the service provider, not the total amount of the transaction.
We all know banks have been the traditional method for sending money overseas for a long time. However, they aren't always the cheapest and most efficient method.
They charge exorbitant fees, offer you poor exchange rates, and often have hidden charges that will increase the overall cost of the transfers.
In addition, even a simple international money transfer involves a lot of paperwork, long waits, and complicated bank procedures.
Your best bet for cheap money transfer options would be online money transfer services. These dedicated money transfer platforms offer much better rates and overall better services.
A website or mobile app is all you need to place the money transfer order and complete the transaction. These platforms are available 24x7 so you can place an order at any time, at your convenience.
Before you decide on which service is best for transfers to India from the US, it is important to know that the cheapest method will depend on your specific requirements such as the transfer size, the transfer speed, the payment method, and the delivery method.
Also, note that the cheapest method may not be the best method for your needs.
Here are a few tips to help you choose the right service:
Now let's get to the main topic of the blog which is the cheapest ways to transfer money to India from US.
Wise is one of the cheapest online money transfer services to send money anywhere in the world. The service is far more affordable, quicker, and more convenient for anyone looking to send money from the US.
Real Exchange Rates: Wise uses a mid-market exchange rate or the real exchange rate. It’s the rate you see on Google or XE. This will save you from the exorbitant exchange rates that are typically masked as free or zero-commission transactions.
Low Fees: The fixed cost consists of a flat fee of about $1 and a percentage of the transfer value, slightly less than 1%. Credit card fees are higher. Using a debit card or an ACH transfer from your bank account is cheaper.
Upfront Costs: You will see the costs for your overseas transfers upfront and be assured that you will only pay what you see!
Free First Transfer: You can use the referral link which will exempt you from the transfer fee on your first transfer.
High App Ratings. Users rate Wise’s iOS and Android mobile apps 4.3 out of 5 stars.
Fast Transfer Speed: 50%+ of payments are instant, 90%+ arrive in 24 hours
Not Always the Best Deal for Larger Transfers. Some providers don't charge any fees and can offer competitive rate markups, which can make some transfers cheaper than Wise.
With over 25 years of experience, XE is a reputable authority in the currency world. Businesses and individuals alike rely on XE to facilitate comprehensive money transfers and provide competitive rates and foreign exchange risk management solutions.
Competitive Exchange Rates: XE Money Transfers typically provides favorable exchange rates that are close to the interbank rates.
No Transfer Fees: They often do not charge any transfer fees.
Cheaper for Large Transfers: It offers the cheapest rates for large transfers ($4000 and above). A good pick for large bank-to-bank transfers.
Transparent Pricing: XE offers clear and detailed information about the exchange rates and any potential fees, ensuring you know exactly how much your recipient will receive.
Market Updates and Tools: You have access to valuable market insights, currency conversion tools, and historical exchange rate data, helping you make informed decisions when transferring money.
Limited Delivery Option: Only offers bank-to-bank transfers.
Complex Fee Structure: The fees of XE can be somewhat complex and may not be the cheapest out there. Additionally, the recipient's bank may impose additional fees for receiving international transfers, and these fees are beyond the control of XE money transfers.
Skrill is a trusted e-wallet platform that enables international money transfers over 40 currencies. Though it is originally associated with the gambling industry, it is a safe and secure platform. It was founded in the UK and it is regulated by the Financial Conduct Authority.
Zero Transfer Fees: If you have a Skrill account, you can send money to an international bank account with zero transfer fee. There are also no transfer fees for receiving the money to your Skrill account or when paying a merchant directly from your Skrill wallet.
Prepaid Mastercard: Skrill offers a prepaid Mastercard linked to your account that can be used to withdraw money from ATMs and make in-person purchases.
Multi-Currency Wallet: You can hold and manage multiple currencies within your Skrill account, enabling you to make exchanges and send money in different currencies with ease.
Verification Process: Some users have found the verification process for Skrill accounts to be cumbersome and time-consuming.
Fees: Skrill may charge fees for certain transactions, including currency conversions and withdrawals, which can make it less cost-effective for some people.
Inactivity Fees: Skrill may charge inactivity fees for accounts that remain dormant for an extended period, which can be a concern if you do not use the service frequently.
Withdrawal Restrictions: There may be limits on the amount of money you can withdraw from your Skrill account, which can be restrictive if you have larger transfer needs.
Remitly is among the most affordable and popular international money transfer providers for sending money to India from the US. Founded in 2011, millions of people have used Remitly to send money to friends and family overseas.
Competitive Exchange Rates: Remitly offers competitive USD to INR exchange rates
Best Option of In-person Cash Pick-up: Opt for cash pick-up at 100,000+ locations in India.
Multiple Transfer Options: Provides different delivery options, including bank deposits, cash pickup, mobile money, and airtime top-up.
Promotional Offers: Remitly occasionally offers promotional rates and discounts for new users. You can also earn rewards when you refer your friends and family and use an offer code to redeem an offer.
Express and Economy Services: Offers both express and economy transfer services, allowing users to choose the speed of their transactions, with corresponding fee differences.
Transparent Fee Structure: Provides clear information on transfer fees and exchange rates.
Fees for Express Transfers: While Remitly may offer lower fees for economy transfers, the fees for express transfers can be relatively high due to its faster delivery speed.
Inconsistent Transfer Fees: Transfer Fees vary depending on the country and quantity transferred.
Limits on Transfer Amounts: There may be limits on the amount of money you can send or receive which can be a concern for users with larger transfer needs.
Based out of Singapore since 2014, Instarem makes money transfers easy, quick, and reliable for everyone who needs to send or receive money. One of the top picks for those looking to transfer money from the US to India at an affordable rate.
Competitive Exchange Rates: They offer competitive exchange rates, which means you get more money in your recipient's currency compared to other providers.
Low Fees: They charge low fees for their services, which can save you money on your international transfers. (Anywhere between 0.25% to 1% in fees).
No Hidden Charges: Unlike some of its competitors, Instarem has no hidden fees or charges, so you can be sure of the total cost of your transfer upfront.
Fast Transfer Times: Offers fast transfer times, with some transfers arriving within minutes or hours, depending on the recipient country and payment method.
Reward Points: You earn 25 InstaPoints when you sign up. Earn an additional 100 InstaPoints when you complete your e-verification in the first 36 hours after you sign up. You can redeem these points in your next transfer.
Only Allow Bank-to-Bank Transfers: Instarem supports only bank-to-bank transfers, and alternative methods such as bill payments, cash-pickup, and mobile top-up options are not available.
Transfer Limits: There may be limits on the amount of money you can send or receive, which may be not ideal for larger transfers.
SBIC or State Bank of India-California is a branch of the State Bank of India (SBI) located in California, USA. It provides various banking and financial services to individuals, businesses, and the Indian community in California.
Indian Diaspora Services: SBIC caters to the needs of the Indian diaspora in the US, offering services and solutions tailored to this community, such as NRI accounts and remittances.
Fee-Free Online Bank Transfers: With SBIC’s remittance service, you can transfer directly to any bank in India online at zero costs within a few hours.
Competitive USD to INR Exchange Rates: The exchange rates are subject to change and can vary based on the transfer amount and transfer method. For example, tiered exchange rates for in-branch transfers mean the higher the transfer amount, the higher the exchange rate.
Limited Coverage: The physical presence of SBI California is limited to a few locations in California, which can be inconvenient for customers outside those areas.
Limited Currency Options: SBI California primarily deals in Indian Rupees (INR) and may have limited currency exchange options for other currencies, which may not be suitable for all customers.
Time Zone Differences: Time zone differences between California and India can result in delays in customer support and transaction processing during certain hours.
ICIC Bank is India's largest private-sector bank. The bank launched Money2India, an online remittance service to facilitate money transfers to India from countries like the USA, UK, Canada, Singapore, and UAE at some of the best exchange rates available in the market.
Money2India was founded with the aim to cater to Non-resident Indians sending money to India.
Well-Established Institution: ICICI Bank is a reputable and well-established financial institution, which can instill confidence in customers regarding the security of their funds and transactions.
Hassle-free Bank Account Transfer: One of the best options to send money to a quick transfer to an Indian bank account.
Competitive Exchange Rates: ICICI Bank offers competitive exchange rates, especially for larger transfer amounts.
Accessible to Non-ICICI Customers: Sign-up is open to everybody and not restricted to ICICI Bank customers.
Quick Pay Feature: Repeat a transaction in only 3 clicks. Set up recurring transfers or schedule a transfer for the future, minimizing your hassle.
Complex Transfer Fee Structure: There isn’t a way to estimate your transfer fee until right before you confirm your transfer.
Not Ideal for Small Transfers: The less money you transfer, the poorer the exchange rate you get in comparison to if you are sending a large sum of money.
WorldRemit is a leading digital money transfer provider that lets you send money to all states and Union territories in India from the U.S.
WorldRemit is a low-cost alternative to other high-street bank transfers. It is also one of the fastest ways to send money abroad.
Multiple Sending Options: Users can choose from various sending options, including bank transfers, cash pickup, mobile money, airtime top-ups, and more. This flexibility allows you to tailor your transfers to the recipient's needs.
Lower Transfer Fees: Charges lower transfer fees than other similar money transfer companies.
Transparent Fees: It is known for its transparent fee structure, with clear and upfront information about the charges involved in a money transfer.
Fee-Free Transfers Offer: The first 3 transfers for new customers are free of cost.
Speed: Many transfers are completed within minutes, especially if using services like mobile money or cash pickup. This can be crucial in emergency situations.
Inconsistent Transfer Fees: Costs include transfer fees and a markup on the exchange rate, and can vary depending on the delivery method you choose - which can get expensive.
Transfer Limits: WorldRemit imposes certain transfer limits, which vary depending on the destination country.
Limited Delivery Options: All delivery methods are not available in all locations. This can be a drawback for users who prefer a specific delivery method.
Placid Express was established over two decades ago and offers international payment services to a range of countries in Europe and Asia including India. Placid offers easy and economical cross-border money transfers because of its direct partnerships with a number of banks and financial institutions.
Competitive Rates: Placid offers competitive exchange rates, which can result in cost savings for users compared to traditional banks.
Low Fees: Placid's fees for money transfers are lower than those charged by traditional banks and some other online transfer services, making it a cost-effective choice.
Fast Transfers: Many Placid transfers are processed swiftly. For direct bank account transfers, it can take 3 business days. If you pay with a card, the money gets delivered in as little as 10 minutes in some cases.
SpotCash! Service: This service allows your recipient to collect the payment in local cash from an agent.
Fees: The transfer costs for card payments are fairly high.
Limited Coverage: Placid may not be available in all countries, so the range of countries you can money is limited.
Potential Transfer Delays: A few things could slow down the transaction, like the recipient's bank's processing time or the delays caused by the intermediary bank.
Transfer Limits: Placid has limits on the amount of money that can be sent within specific time frames. This can be inconvenient for people or businesses with large transaction needs.
User-Friendly Interface: Some people have noted that Placid’s website is not the most user-friendly, especially for those not familiar with online remittances.
Sending money to India from the US doesn't have to be a costly endeavor. With the right approach and using the various options available for cheap money transfers, you can save both time and money when you send money to India from USA.
Whether you're supporting your family back in India, making investments, or simply need to transfer funds for any reason, the key is to stay informed, explore your options, and choose the one that best suits your needs.
You can make your international money transfers more affordable and efficient by comparing exchange rates and fees and considering digital remittance service providers.
To find the best dollar-to-rupee rate, use CompareRemit for real-time USD to INR exchange rates from the best remittance providers to send money to India today!
For many immigrants or individuals supporting their families in the Philippines, understanding the fluctuations in USD to PHP exchange rates is very tricky. Navigating the intricacies of these rates involves examining a spectrum of economic, political, and social factors.CompareRemit is here to make life easier for you, so you can make the best decision with little to no hassle on your part. In this guide, we'll unravel the complexities surrounding USD to PHP exchange rates, providing valuable insights to empower you in making informed decisions for your money transfers.Interest Rates: The Currency Tug-of-WarOne of the primary factors that influence exchange rates is interest rates. When the U.S. Federal Reserve adjusts interest rates, it sends ripples through the currency market. Generally, higher interest rates attract foreign investment, strengthening the USD against the PHP. For individuals, keeping an eye on interest rate differentials between the U.S. and the Philippines can offer insights into potential shifts in exchange rates.Inflation: The Balancing ActInflation, the rise in the price of goods and services, plays a pivotal role in currency valuation. Countries experiencing lower inflation rates often witness an appreciation in their currency. Comparing inflation rates between the U.S. and the Philippines allows you to gauge the potential strength of the USD. A lower inflation rate in the U.S. compared to the Philippines may contribute to a stronger USD.Government Policies: Shaping Economic StabilityGovernment decisions and economic policies, both domestic and international, have large impacts on exchange rates. Policies promoting economic stability, prudent fiscal management, and sound monetary measures contribute to a stronger currency. Staying informed about the policies of both the U.S. and the Philippines will allow you to gain an understanding of the economic health and help predict dips and rises in exchange rates. Trade Balances: A Global PerspectiveThe dynamics of global trade, including exports and imports, definitely impact currency values. A country with a trade surplus, exporting more than it imports, may see a stronger currency. It might be very tedious to stay up to date with trade imbalances between the U.S. and the Philippines, but doing so can serve as an indicator of potential exchange rate movements.Historical Data: Patterns and PredictionsAnalyzing historical USD to PHP exchange rate trends can reveal patterns and provide insights. While past performance doesn't guarantee future results, understanding how rates responded to similar economic, political, or social events can guide your decisions. Historical data offers a valuable tool for predicting potential movements in exchange rates.Practical Tips for Informed Money TransfersStay Informed: Regularly follow financial news and updates from both the U.S. and the Philippines to understand the broader economic context. Regularly read our blogs to stay up to date with all the major money transfer news. Utilize Reliable Tools: Use CompareRemit’s online comparison tool and email alerts to track real-time exchange rates, ensuring you get the best value for your money transfers.Seek Professional Advice: Consulting financial experts or using professional services can provide personalized insights tailored to your specific situation, enhancing your decision-making process.In conclusion, comprehending the factors influencing USD to PHP exchange rates empowers you to make informed decisions when sending money to the Philippines. By staying attuned to economic indicators, leveraging historical data, and adopting a proactive approach, you optimize your money transfers, securing a more stable financial future for your loved ones.
When it comes to repatriating large sums of money from India, it puts every NRI in a situation where he has to consider different obligations regarding monetary cross-transfer. Taxation, reliability and transfer timelines are a few things that influence these decisions.Personal finances have to be dealt with delicately and ensured that there is no loss during the due process of remittances. There are various options available in the marketplace today, be it via traditional banking or the modern ways of online transfers.CompareRemit offers a platform that allows you to compare different players in the market and pick the best rates that suit your needs.Repatriation from an NRE AccountAs a component of the liberalization scheme of the Reserve Bank of India, remitting funds from India has become relatively easier. Balances in NRE (Non-Resident External) accounts are freely repatriable. No formalities or requisite permissions are required for remittances abroad be it any amount. Funds in accounts are usually funds deposited from abroad or current income like interest or dividends on investments made through foreign funds.Repatriation from an NRO accountBalances in NRO (Non-Resident Ordinary) accounts are subject to certain conditions. The remittance of USD 1 million per financial year from NRO accounts is allowed subject to certain procedural formalities. NRO account balances include income earned locally or certain capital account transactions. Form 15-CA and 15-CB need to be submitted before a remittance can go through.Read more on difference between NRE and NRO account on CompareRemit.The Traditional Option - BanksThe most sought after choice for remittances to the UK are banks. Banks are the most popular means of transferring money to the UK because:There is a high level of trust owing to the various government regulations.Familiarity and the comfort of knowing the neighborhood-friendly banker.There are two ways one could remit funds using banking services:Online - If your bank has given you access to internet banking and allows repatriation through online instructions.In-Person - One could walk into the bank yourself and have the formalities completed there and then and have the satisfaction of seeing it to its destination with a receipt in your hand.However, it is important to note that INR to GBP/GBP to INR exchange rates may not always be competitive. The transfer fees can be high and the charges, not always transparent.Selection of Remittance Service ProviderShould you want to avoid remitting through banks, approaching a marketplace of money changers would be the next best option. A selection of remittance service providers should be made based on the following:- Transfer chargesSpeed of transferExchange ratesCharges on the conversion of currency (INR to GBP)Freeze option on exchange rate while process requirements are completedFlexibility of payment optionsAlternative Options for Remittance from India to UKWise - UK based transfer service supporters - Wise incorporates credit cards/debit cards, SWIFT, international transfers to bank accounts, domestic wire transfers and more. Wise offers competitive exchange rates for pound to rupee or rupee to pound conversions. It assures fast and low-cost online money transfers from India to the UK.ExTravelMoney - One of the easiest services for transferring funds from India to the UK, they also offer the facility of booking orders online.Western Union - In four easy steps available online and your money is sent from India to the UK. They offer competitive rates and faster transfers as well.Thomas Cook - Provides the best foreign exchange rates besides giving the assurance of secure and timely remittances for specific purposes.BookMyForex - With zero commission and zero charges, they claim to send money from India to the UK at guaranteed lowest exchange rates. The time span for the transfers to be effective is 12 to 48 hours.To select the right money transfer service one should keep the cost and time factors in mind. Convenience at a reasonable cost should be the mantra for selecting a suitable remittance service provider.
There are a variety of reasons to send money from Europe to India. To start with, Europe is home to many Indians - working professionals earning a living, students and researchers pursuing higher education, and entrepreneurs and investors running businesses. In this blog, we will discuss the best ways to send money from Europe to India and India is one of the fastest-growing economies and has been the top remittance-receiving country in the world for years in a row. Indians working in European countries send money to India for various reasons such as: Financial support for friends and family back home,Monetary gifts during festivities,Education and healthcare needs, andInvestment purposes in India.Non-Indian residents (NRI) frequently transfer money to India to save their foreign income in an Indian bank account. In addition, India and the European countries are important trading and tourism partners. Owing to the flow of trade and people between the two countries, there is a lot of EUR to INR or INR to EUR currency exchange. The trouble with sending money internationally is that it comes with certain costs. The two main costs are:Transfer fees, andHidden exchange rate margins. Banks may be your first option, but they usually are not the best for international money transfers because of the poor exchange rates and hidden fees, meaning your recipients get less money in their pockets. The good news there is plenty of authorized money transfer specialist offering online money transfer to India with transparent and low fees, competitive exchange rates, faster delivery, and enhanced convenience for efficient and cost-effective transfers. Compare these money transfer services to get the best Euro to Rupees rate before making your transfer and finding the best money transfer service to India. How To Send Money From Europe To IndiaCompare money transfer services in terms of fees, exchange rates, and speed.Choose the best provider that meets your transfer needs.Sign up with the provider of your choice.Add the necessary information (Transfer amount, recipient details, your details, etc.)Press Send and leave the rest to the service provider Several providers offer direct transfer to major Indian banks (SBI, ICICI, HDFC, etc.)To help you find the cheapest, fastest, simplest, and most secure ways to send money to India from Europe, we have listed below top money transfer specialists. XE XE money transfer is a Canada-based online international foreign exchange business, and it is a part of the Euronet Worldwide Group, one of the largest money transfer businesses. It offers fast and cost-effective international money transfers to more than 130 countries in more than 60 currencies for individuals and businesses.XE offers free tools to check live currency rates, view historical charges for any currency pair, and set alerts for any chosen currency pair. Convert Euro to INR with XE Currency Converter.XE also provides forward contracts, spot contracts, market orders, business transactions for international employees, and currency data APIs.XE is great for large bank-to-bank transfers because XE offers lower exchange rate margins for large transfers. There are no fees for transfers above $500.You can initiate wire transfers to India from Europe on the XE website or mobile app and pay with a bank transfer or debit/credit card. Most of the transfers are completed in a few minutes. The transfer amount is unlimited. PassToPassTo is a cheap and quick way to send money to over 60 countries worldwide from the UK. They offer an easy-to-use, secure platform that only takes a few minutes to download and sign-up for. Some of PassTo’s benefits include:Discounted welcome rates for first-time usersBest foreign exchange ratesMoney can arrive as quickly as a few minutesFCA regulated and safe to useTransparent, up-front feesSend money from the UK with PassTo today!Remitly Remitly operates in 17 countries and transfers money to over 90 countries, including India. It is an online-based money transfer company located in Seattle. You sign up online on the site or Remitly app to start sending money. For sending Euro to Indian Rupees, the promotional exchange rate applies to your first transfer of Euro 1000.00. Remitly offers multiple receive options: recipients' bank accounts, UPI (virtual payments), and 100,000+ cash-up locations in India. If you don't mind paying a higher fee for a faster transfer, Remitly offers the Express mode of transfer. The economy mode of the transfer costs less, but it is slower. Skrill Skrill is a London-based digital wallet platform, currently enabling international money transfer to over 180 countries in 40 different to a bank account, mobile wallet, email address, and phone number. You can also buy and sell cryptocurrencies. Skrill is the cheapest option for sending to a bank account overseas because of zero transfer fees. You are allowed to fund your transfer with a credit or debit card, bank transfer, or other local payments if applicable. If funded by manual bank transfer, the money arrives in 2 hours or less. You can cashback when you refer friends. Sign up for free on the Skrill website or the Skrill App to send money to an Indian bank account for free.WiseWise, an online money transfer service provider, offers transparent and low-fees international money transfers from 59 countries to over 80 countries. You can hold 50+ currencies in your account and convert between currencies at a super-low fee. Based in London, it now has 12 million users and counting. It claims itself as 8X cheaper than leading banks in the UK. You get transparent fees and real exchange rates (the ones sourced from Reuters or Google). If you pay your transfer with a bank account, the fees are the cheapest, but you will have to compromise on speed. Payment via debit or credit cards transfers your money faster at a higher cost. Wise is ideal for small transfers as the cost gets higher with larger transfers. Send money on their website or download the Wise app to start sending money today.ICICI ICICI Money2India offer fast fund transfer from Europe to any bank account in India. Available in 20 Eurozone countries, the service allows you to lock your desired exchange rates and charges minimal fees with no hidden costs. Money2India Europe is an online money transfer service by ICICI Bank Germany. ICICI is one of India's largest banks and has many branches overseas. You can also sign up on the Money2India app and send money hassle-free. If you transfer money to ICICI bank accounts in India, the transfer is completed in under 30 minutes.InstaremSimilar to Wise, Instarem offers real exchange rates sourced from Reuters for your every transfer. Based in Singapore, Instarem is an online remittance service enabling money transfers to 55+ countries in partnership with 8000+ banks worldwide.Instarem is one of the low-cost international money transfer service providers, especially for small transfers. The fees are upfront, and there are no hidden charges. The exchange rates are very competitive. You earn InstaPoints with every transfer that allows you to redeem in your next transfer, saving you money.Sign up for a free account on the Instarem site or app with your email, or use your Google or Facebook ID for a quick registration.PandaRemitPandaRemit is a Hong Kong-based online money transfer service providing fast and convenient remittance services across 30+ countries. You also get zero fees on your first transfer. And receive money with minutes as fast as 2 minutes. Your recipient has the option to receive the money in a digital wallet or bank card or opt for cash pick up if available.Transfer funded by bank transfer carries no charges, but payment with a credit card has additional charges. There are no hidden charges with PandaRemit. Make use of referral bonuses and discounts to save money on transfer costs.Paysend Trusted by 6 million customers worldwide, Paysend currently operates in more than 150 countries allowing international money transfers to over 110 countries. Paysend is the first Fintech company to introduce global card to card transfers connecting 12 billion cards issued by Mastercard, Visa, China Union Pay, and local card schemes.Paysend provides 40+ payment methods for online SMEs and serves 17,000 SMEs. Sending money to India from Europe is easy because of the multiple receiving options: send money online directly to bank cards, UPI, or bank accounts in India at a fixed low fee. You can also send a Paysend link to your recipient's mobile number to make a transfer. Transfers are usually completed within minutes. Sign up online or get the Paysend app to send Euros to Indian Rupees.Revolut Revolut is a popular British digital-only bank/ neobank offering a range of banking services in a mobile app. Revolut, the global financial super-app, has more than 18 million customers around the world.With Revolut, you can send money in more than 30 currencies to 100+ countries. You can hold 30 different currencies for free in your Reovlut account. This makes it ideal for traveling abroad and sending international payments.Revolut charges a fixed percentage fee and claims to offer the exchange rates you see on Google for international money transfers. To send money to India, download the Revolut app and sign up. Then simply add money into your account using your card or make a bank transfer. Choose your transfer amount, your currency, and the destination country. Send money to your recipient bank account in India by adding it as a beneficiary in the Revolut app.ConclusionThe best website to transfer money to India from Europe or apps will depend on how much money you are sending, how are you paying for it, how the money is received, how fast you want the money to reach your desired destination, and how expensive is the transfer cost including conversion cost of Euro to INR. Different money transfer service providers have unique advantages that may be best suited for your transfer situations. So, it is best to compare, decide and send.