USA IND

₹ 75.71

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

Today's Rate
For New Users Only
$ Amount
₹ Exchange Rate
$10 - $500
₹75.71*
$501 - $1000
₹75.71*
$1001 - $40000
₹75.71*
₹75.71* applies to sending amount up to $1000. For amount more than $1000, regular rate will apply.
For Returning Users
$ Amount
₹ Exchange Rate
$10 - $500
₹75.66*
$501 - $1000
₹75.66*
$1001 - $40000
₹75.66*
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.
Debit / 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

RT
Posted on March 30, 2020, 11:22 pm

Last day to avail the offer while using Instarem!!!! www. insta rem. com (Plz remove the spaces in between while pasting) Get 850 Instapoints, equivalent to around $22 by using the referral code BnHz7s. Also, earn $32 by using the coupon NEWYEAR12 in your first transaction and coupon COMPARE30 for the next 2 transactions. Steps for every point:- 75 points for signup 300 points for profile completion 400 points for using BnHz7s as referral code. 10 points for every transaction. (3 transactions to use coupon code, then 2 more transactions to use the available Instapoints). Don't forget to mention your experience with Trustpilot. Note# 1. Per month limit of $3000 only initially, so transfer $1000 in your 1st three transactions to use all the 3 coupons. 2. Only 2 pending transactions possible at any point. 3. Only 400 Instapoints can be utilized in one transaction. 4. Make your 4th transaction within 15 days of creating your account as the profile completion points (300), will expire after that. Hope this info will help everyone in earning and utilizing the points in the best possible way

 
RT
Posted on March 30, 2020, 10:44 pm

Last day to avail the offer while using Instaremit!!!! https://www.instarem.com Get 850 Instapoints, equivalent to around $22 by using the referral code BnHz7s. Also, earn $32 by using the coupon NEWYEAR12 in your first transaction and coupon COMPARE30 for the next 2 transactions. Steps for every point:- 75 points for signup 300 points for profile completion 400 points for using BnHz7s as referral code. 10 points for every transaction. (3 transactions to use coupon code, then 2 more transactions to use the available Instapoints). Don't forget to mention your experience with Trustpilot. Note# 1. Per month limit of $3000 only initially, so transfer $1000 in your 1st three transactions to use all the 3 coupons. 2. Only 2 pending transactions possible at any point. 3. Only 400 Instapoints can be utilized in one transaction. 4. Make your 4th transaction within 15 days of creating your account as the profile completion points (300), will expire after that. Hope this info will help everyone in earning and utilizing the points in the best possible way

 
John
Posted on March 25, 2020, 08:12 pm

Use InstaReM website , Get $50 worth rewards by following these steps- Signup using referral code 6V1kkP to receive $20 worth INSTAPOINTS. Next, use the promo code COMPARE30 on your first 3 transfers to receive a total of $30 ($10x3) rewards (Valid till Mar. 31). I liked its services for the reason that it gives best transfer rate among all and money transfer consistently take 3 business days to complete.This is going to be your first choice for all future transfers.

 
John
Posted on March 25, 2020, 08:09 pm

Use www.instarem.com website , Get $50 worth rewards by following these steps- Signup using referral code 6V1kkP to receive $20 worth INSTAPOINTS. Next, use the promo code COMPARE30 on your first 3 transfers to receive a total of $30 ($10x3) rewards (Valid till Mar. 31). I liked its services for the reason that it gives best transfer rate among all and money transfer consistently take 3 business days to complete.This is going to be your first choice for all future transfers.

 
Vignesh Chandramouli
Posted on March 17, 2020, 11:10 am

I received a response from the team and they seemed to have fixed the issue. Thank you for the response team.!

 
Vignesh Chandramouli
Posted on March 17, 2020, 06:55 am

I have been using placid for few years now. It’s really disappointing to know that they don’t respond to your queries when the transfer doesn’t complete for whatever reason. My transfer was supposed to be delivered in 60 minutes. It’s been 4 days and I have no idea what happened to my money. It’s in the disbursed stage forever. And like others have pointed out the folks answering customer service number is a joke. They don’t have a clue what they are talking about if you even understand what they are saying to begin with.

 
Posted on December 17, 2019, 05:49 pm

 
Sunil
Posted on November 22, 2019, 05:48 am

First time I am seeing Placid transferred my money in 2 days after placing order. Excellent. Not sure the reason but I believe is this due to increase of my sending amount limit?

 
Placid Express
Posted on December 09, 2019, 03:25 am
Hi Sunil,
Thanks for posting your review. Actually transfers can be released in 10 minutes of submission but it depends on some situation like transfer merit, customer's history and many more things. You are one of them got the special privilege of expedition for that transfer. Keep the good history of transactions and we will try to expedite your transfers in the future if possible. Thanks for using placid.net .
Umesh Mahajan
Posted on November 08, 2019, 09:18 am

Placid has always given great rates in the last six months. The only small shortcoming i feel is they could improve time to transfer. But still i am happy as they generally give the best rates.

 
Placid Express
Posted on November 20, 2019, 09:39 pm
Hi Umesh,
Thanks for posting your nice words. We have been trying to decrease the processing time as much as we can. Please stay tuned.
KRISHNA PRABHAKAR P
Posted on February 13, 2019, 08:01 am

Excellent service. Though they informed us that, the transfer will happen in 3 to 5 business days but it actually got completed within 1 business day. I am very much delighted and thankful to the excellent organization like Placid. Hope they will keep up the great work and do the better customer service. Transaction wise, I am totally satisfied as the funds got credited within 24 hrs. Also, they are giving a very good conversion price.

 
Similar Companies

Partner With CompareRemit

The world’s top remittance companies have chosen to work with CompareRemit and are already reaping the benefits. You can too. View Testimonials.
Put your brand in front of millions of active remittance users, ready to send money using your services.
Contact Us