USA INR

₹ 72.20

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
$0 - $2900
₹72.20*
₹72.20* applies to sending amount up to $1000. For amount more than $1000, regular rate will apply.
For Returning Users
$ Amount
₹ Exchange Rate
$0 - $2900
₹71.80*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $2900
$0.00
Debit / Credit card
$ Amount
₹ Fee
$0 - $2900
$0.00
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
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

Ajay Sharma
Posted on September 11, 2018, 07:33 pm

My experience with Placid Express was excellent as i send amount and within 1 hour(even less) money is deposited in recipient bank account and their website is easy to operate. Love it

 
Umang
Posted on September 11, 2018, 06:25 pm

Placid is my first choice when it comes to money transfer. Whenever i come to compareremit to see the money transfer rates, i always found placid to give the max amount of rate. There's always a tough competition between Ria and Placid but often i found placid to be leading the race. I have been using placid for more than 6 months now and never found issues in my transfers. No delays in deposit. Just plain and simple.

 
Bala
Posted on April 20, 2018, 09:09 am

Placid used to be very competitive (almost tied with Remitly) in exchange prices. But since January 2018, they are in a slump. They have the worst exchange rates compared to the competitors. What happened to you Placid team? It used to be the best remittance team but because of the low exchange rates, no one is preferring it. Hope it makes a comeback.

 
Vikash Kumar
Posted on January 10, 2018, 09:33 am

Placid gives reliable service but I feel it takes longer time compared to its rivals. I started using Pangea money transfer which is fastest service that I know of. Pangea is also giving $30 reward on your first transfer when you use the code UV1500

 
Kumar
Posted on December 27, 2017, 10:58 am

Good for sending money

 
Yedukondalu Mannem
Posted on December 24, 2017, 09:27 am

Placid is the best option to send the money to India. I transferred the money more than 20 times and didn't face any problems and there is no minimum limit and no charges at all. Money will be credited in your account before expected date every time. Placid is really preferred as always they give the best rates compared to others.

 
Ajay
Posted on December 22, 2017, 03:51 pm

My most trustworthy transfer partner

 
Shumon Uddin
Posted on December 18, 2017, 09:08 am

I am really happy with their service. I usually use them twice in a month, starting & middle of each month. you can track transaction. if there is any problem you can contact with their customer services, they are friendly & quick.

 
Murari PB
Posted on December 18, 2017, 05:39 am

Very happy with this prompt service

 
Manan Shah
Posted on December 15, 2017, 03:56 pm

Placid is very good with its customer service and timely delivery of funds. Provides good rates compared to others.

 

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