USA INR

₹ 64.32

USA PHP

₱ 51.02

HIGHLIGHTS

Established in 1996, Placid Express is a Money Transfer provider that specializes in direct money transfers with competitive exchange rates and zero to low transfer fees. Via its website, Placid Express users can send money to 8 different countries and can easily track the status of their transfer online.

To sign up with Placid Express, simply provide your personal information to create a free account. Once you’ve created your account, you may begin sending money abroad. Recipients can either have the funds deposited directly into their bank account, or can opt for the Tier 1 Cash Pickup service, spotCash, which allows recipients to collect the funds at an authorized Placid Express payout location in their country.

Placid Express delivers a seamless money transfer experience with quick processing times and direct transactions. For money transfers funded with a credit card or debit card, processing times usually take no longer than 60 minutes, and for money transfers funded with a bank account, processing times are typically 1 to 3 business days.

Since inception, Placid Express has transferred billions in transactions all around the world. Authorized by the United States Department of Treasury and multiple state banking departments, Placid Express guarantees secure transactions and superior customer satisfaction.

What's Good About Placid Express

Instant Transfers using Debit Card to major banks such as HDFC, PNB, Axis & more
24/7 Support & 100% Money Back Guarantee
Transfers $900 or more are free when paid with bank account (ACH/EFT)
Real time transfer status tracking

 

FEATURES (Currently showing rates for USA to INR change )

Today's Rate
For New Users Only
$ Amount
₹ Exchange Rate
$0 - $2900
₹64.32*
For Returning Users
$ Amount
₹ Exchange Rate
$0 - $2900
₹64.22*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $999
$3.99
$1000 - $2400
$0.00
Note: Transfers made with credit card are charged an additional 4% of the transfer amount. Card issuer may charge cash advance fees.
Debit / Credit card
$ Amount
₹ Fee
$0 - $999
$12.99
$1000 - $2400
$9.99
Note: Transfers made with credit card are charged an additional 4% of the transfer amount. Card issuer may charge cash advance fees.
Transfer Time
Bank Deposit
3 Days
Transfer Type
  • Credit Card/Debit Card
  • ACH Transfer
Daily Transfer Limit
Every 24 hours: $2,900


Note: Arizona resid
Receiving Method
  • Bank Deposit
Customer Service Info
1-877-889-7021
Company Headquarter
Westbury, NY
Company Type
Remittance Providers
Mobile App
N/A
Company Established
1996
Text Update (SMS)
Yes
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
- Excellent exchange rates
- Serving money transfer needs of valued customers since 1996
- 24/7 Support
- Instant Transfers using Debit Card
Document Requirements
In certain cases, documentation request may be triggered.

EDITORIAL REVIEW

Placid Express was founded in 1996 and currently offers money transfer services in the United States, Italy, and Malaysia with services available through partner networks in Spain, the United Kingdom, and United Arab Emirates (UAE). Placid Express specializes in direct international money transfers, with bank account and cash pickup delivery options, offering low to nonexistent transfer fees and competitive exchange rates.

After completing the free registration process, new users can begin making international money transfers by selecting the country they would like to send the amount to, the amount they would like to send, and their payment and delivery options. The sender can choose to have the funds transferred directly into the recipient’s bank account or may opt for Placid Express’ spotCash! cash pickup transaction. Available payment methods include credit card, debit card, and bank account.

Customers are limited in the amounts they are able to send through Placid Express; no more than $2,400 may be sent every 7 days, and Arizona residents have a daily transfer limit of $999.99. Transfer fees apply only to transactions made using a credit card or debit card, and bank account transactions usually have zero fees. Transfers made with a credit or debit card are typically processed in 60 minutes or less, while bank account transfers usually take no longer than 3 business days.

Placid Express maintains fair cancellation and refund policies, offering full refunds of transactions and their fees for transfers that are not received. Transactions and all bank account and personal information is secure with Placid Express, which utilizes high grade encryption and secure technologies with its services.

Placid Express has had much success as a provider of international money transfer services and plans to enter additional markets such as Belgium, Germany, Greece, and France. When using Placid Express to send money abroad, clients can expect low transfer fees, flexible payment and delivery options, and excellent customer satisfaction. 

USER REVIEWS

Adai
Posted on May 03, 2017, 08:47 am

I was a first time user and things worked like charm. Had no hassle. The money got transferred within 1 day. The transfer was initiated on May 02, 2017 00:26 EST and got deposited on May 03, 2017 02:14. Also got the first time user incentive with out any hassle. I also initiated, at the same time with other remittances services (RIA, Remitly, Remit to India) as well and they are still under processing.

 
Vinayak
Posted on May 03, 2017, 02:01 am

Excellent Service. Deposited Money before committed....Very Fast and secure service..Thanks

 
Mikee
Posted on April 22, 2017, 09:16 pm
Placid Express
Posted on April 22, 2017, 10:53 pm
Hi there Mikee,

Thanks for your review. We indeed disbursed the funds on the 17th. We have received a message from your destination bank regarding this transfer. There seems to be a problem with the recipient details. We have tried contacting you by phone to no avail. Please reach out to us at webhelp@placid.net or call 877-889-7021. We will also try contacting you again.
Mikee
Posted on April 22, 2017, 11:28 pm
Thank you so much Placid, I really appreciate the help. After talking to Mr. Rasul all my doubts and disappointments were gone away. Placid is so fast in assisting customers. They were able to get back my trust. Now, I DO NOT believe in the saying that first impressions last :) Thank you Rasul!

I am first time user of placid and I am very disappointed. I thought placid was really good based on reviews. I sent money home and from the tracking status it was saying that the transfer was disburse. Upon checking my bank at home my money haven't yet credited. I called their customer representative and he was kinda rude and all he told me that he will just investigate and never came back. I am still trying to work things out with placid.

 
Apoorva
Posted on April 19, 2017, 09:43 am

Highly appreciated. SEnt $1000 as test, it reached before remitly and transfast which I always use. I am using this only now.

 
Gopi
Posted on April 19, 2017, 09:00 am

Good Rates and Fast serveice

 
Naresh
Posted on April 18, 2017, 07:40 pm

Placid is Excellent..on time, I like it because it's reliable and higher rates compare to others. Customer support were very friendly too.

 
Swadeep Hegde
Posted on April 18, 2017, 07:33 pm

Placid has good rates and processing is very fast.

 
Monika
Posted on April 18, 2017, 05:23 pm

Good Rates

 
Suparna
Posted on April 17, 2017, 09:03 am

Fast and Nice interface.

 
Kiran
Posted on April 06, 2017, 04:45 pm

I transffered for the first time, its almost 2 days now, amount has not been deposited yet, I hope it is because of the first transfer, Once i get the funds deposited, will transfer again