USA IND

₹ 73.45

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 IND change )

Today's Rate
For New Users Only
$ Amount
₹ Exchange Rate
$10 - $500
₹73.45*
$501 - $1000
₹73.45*
$1001 - $40000
₹73.45*
₹73.45* applies to sending amount up to $1000. For amount more than $1000, regular rate will apply.
For Returning Users
$ Amount
₹ Exchange Rate
$10 - $500
₹73.40*
$501 - $1000
₹73.40*
$1001 - $40000
₹73.40*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
Fee
Up to $499
$1.00
$501 - $1000
$1.00
$1000 - $30000
$1.00
Fees apply to Bank and Debit Card transfers: the fees will only differ for Credit Card transactions.
Credit Card
$ Amount
Fee
$0 - $2900
$0.00
Fees apply to Bank and Debit Card transfers: the fees will only differ for Credit Card transactions.
Debit Card
$ Amount
Fee
$0 - $30000
1.00
Fees apply to Bank and Debit Card transfers: the fees will only differ for Credit Card transactions.
Transfer Time
Bank Deposit
3 Days
Transfer Type
  • Credit Card/Debit Card
  • ACH Transfer
Daily Transfer Limit
Every 24 hours: $40,000


Note: Arizona resid
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

tsuusi t
Posted on September 23, 2020, 03:21 am

 
tsuusi t
Posted on September 23, 2020, 03:21 am

a Moroccan supplier into his Moroccan bank (Attijari Wafabank). Transfer was made on the 5th of August 2020, Funds was supposed to be received by my supplier on the 12 August. Today is 24th and no funds was received. The supplier is someone who I have relationship with for decades, I know him very well. The amount is not to high (1400$) but still it is money. The problem is that the company have a ridiculous policy in the case funds are not received. They asked me to ask the supplier (receiver) to provide his bank statement which is ridiculous. No company will accept that. Bank statement has confidential information and even me I will refuse to provide it to my customers to prove that funds are received. So, I keep trying to explain that and the only coldCustomer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__

 
sonam khaturiya
Posted on September 23, 2020, 02:47 am

I am writing these words to help the community being aware and avoid the lost I had during this nightmare. I am giving here my personal experience story with this company (Remitly). Story started when I wanted to transfer funds to my suppliers in China and Morocco. I have done my research about new cost-effective solutions for transferring money quickly with an optimum exchange rate. After a Benchmark between many of them, Remitly cutches me by its good exchange rate spread and low transaction fee. The first transaction was done smoothly to a supplier in china which get his money same day on his Alipay account. My second transfer was made to a Moroccan supplier into his Moroccan bank (Attijari Wafabank). Transfer was made on the 5th of August 2020, Funds was supposed to be received by my supplier on the 12 August. Today is 24th and no funds was received. The supplier is someone who I have relationship with for decades, I know him very well. The amount is not to high (1400$) but still it is money. The problem is that the company have a ridiculous policy in the case funds are not received. They asked me to ask the supplier (receiver) to provide his bank statement which is ridiculous. No company will accept that. Bank statement has confidential information and even me I will refuse to provide it to my customers to prove that funds are received. So, I keep trying to explain that and the only cold answer from the customer service was sorry we can do nothing. For my supplier to track the transfer his bank asked the transaction swift code (which is a conventional way to track transaction for banks). Guess what, Remitly don’t have it even if they withdraw the funds from my Wells fargo bank and transfer it to an international bank. They keep giving me some Transaction ID which can’t be accepted by my supplier’s bank. I asked them to contact the Moroccan bank and ask for a prove that funds has been deposited into my supplier account so I can show it to him: they say no. I asked them to forward the email they told me they received from the receiver bank confirming that funds has been deposit: answer is NO. Any request I made answer was NO. They said sorry we can’t help. Basta your money is lost, and we can’t do nothing. It is a frustrating situation when you are powerless and all you have is chatting or call center in Asia answering like a machine repeating each time same words with no compassion neither human understanding of the situation. Bottom line: this is a company that want to make profit based on transaction fees and exchange rate spread with no customer service to provide neither guarantee that your fund will reach destination. Till today have no clue what to do !!!

 
lelo ji
Posted on September 23, 2020, 02:23 am

Mine took 10 days to transfer. Whats the point of taking better rate ?? Poor customer service. Not sure why it takes so long for them to remit the Money. Submiited my SSN, DL, Utility Bill, my paystub. Now an idiot calls me from Unknown numbers asking my work email for verification purposes. Crapy Service!! Customer_support_++1-8-4-4-5-8=4'O'6'O'6__Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__ Customer_support_++1-8-4-4-5-8=4'O'6'O'6__

 
gster g
Posted on September 04, 2020, 03:23 am

Mine took 10 days to transfer. Whats the point of taking better rate ?? Poor customer service. Not sure why it takes so long for them to remit the Money. Submiited my SSN, DL, Utility Bill, my paystub. Now an idiot calls me from Unknown numbers asking my work email for verification purposes. Crapy Service!! Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__ Customer_support_+1-8-4-4-4-2=OOO67__

 
RRRR
Posted on August 19, 2020, 02:44 pm

Never ever try to use Placid in case of an emergency . The money will never reach the destination . Service is worst, Irrespective of providing all the documents, They keep on asking documents just to delay the service. compare remit Please remove placid rates from your list. Even if placid provide double the rate. Please don't use

 
Ajay Goenka
Posted on August 12, 2020, 02:21 am

Don't Transfer your Money !! I haven't received my money in India and now I am telling them to cancel my transaction and return my money on my account. they haven't done yet It's almost more the 10 working days

 
Rahul
Posted on July 31, 2020, 09:38 am

They never return the micro transaction $1 which they use to confirm the card, so they say transaction fee is $1 but it's $2.

 
Trinath Katta
Posted on June 18, 2020, 03:19 pm

Very slow Service. Mine took 10 days to transfer. Whats the point of taking better rate ?? Poor customer service. Not sure why it takes so long for them to remit the Money. Submiited my SSN, DL, Utility Bill, my paystub. Now an idiot calls me from Unknown numbers asking my work email for verification purposes. Crapy Service!!

 
Sonu
Posted on June 15, 2020, 09:27 am

The transfer rate is better compared to others. The only problem I found was the delivery time. I had started a transfer on 8th of June Monday and the delivery date was 12th of June. The delivery happened on 15th June.

 
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