USA IND

₹ 74.08

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
₹74.08*
$501 - $1000
₹74.08*
$1001 - $40000
₹74.08*
₹74.08* applies to sending amount up to $1000. For amount more than $1000, regular rate will apply.
For Returning Users
$ Amount
₹ Exchange Rate
$10 - $500
₹73.58*
$501 - $1000
₹73.58*
$1001 - $40000
₹73.58*
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

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Posted on November 25, 2020, 10:06 pm

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Ananth Majumdar
Posted on October 22, 2020, 03:43 am

As everyone said, the website is not great. And causes multiple problems. In India new state Telangana was formed 5 years back, but it is still not in the states list. Some IFSC codes are not available and we have to call the customer service to add them. And the UX is not great, I accidentally added an extra 0 in the recipient bank account and there is not way to correct and save it on the website or delete that recipient. Each time I transfer I have to remember that there is a mistake and correct it. Since I transferred after a long time, I forgot and the transaction failed. But one redeeming thing is that their support is really 24x7. Whenever I called them they picked up the phone and helped me. So make sure you don't make any mistakes while sending but it would be a lot better if the website UX improves.Thx for being responsive on phone but improve your website to make it easy for both the users and yourself.

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

 
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.

 
Raja
Posted on June 12, 2020, 12:45 pm

Been using it from past 4yrs .. Best exchange rate .. very good customer support team.. fortunately never encountered any issue till date..

 
Raman Khatri
Posted on June 06, 2020, 03:49 pm

Very slow service...very slow to respond to email queries. I had to finally cancel the transaction. The deadline to transfer the money was June 5 and they had not even taken the money out of my bank till June6 so they surely would have missed the timeline. The questions they ask for security clearance are more than what one needs to get into the FBI HQ. Most are non sensical and can easily be judged if someone really wanted to cheat. Lastly they tried to access my credit report without my permission. Got blocked because I keep it locked for such cases. Overall a terrible experience.

 
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