HIGHLIGHTS

RemitMoney is an online money transfer facility which enables NRIs from United States, United Kingdom, Canada, Europe, Australia, Singapore, UAE, South Africa & Switzerland to send money to India. It is Fast, Economical and Safe. RemitMoney has the vision to be the world’s most customer-focused payments portal that helps people send money back home. You can use your US bank account in order to transfer money into your recipient’s Indian bank account (including NR accounts).

Established in 1994 Axis bank is one of the largest banks in India and has its headquarters in Mumbai, India. It was promoted by a number of companies including Unit Trust of India (UTI), New India Assurance Company, The Oriental Insurance Corporation, Life Insurance Corporation of India (LIC), and United India Insurance Company.

What's Good About RemitMoney Transfer

No fees on any transfer
Best & Best & Fixed Exchange rates
Earn cash points on every transfer
Real time tracking
Schedule one time or recurring payments over a span of 12 months
Refer & Earn Cashpoints worth INR 500 on every successful invitation!
Exchange rate guide & Rate Alerts Website that guides you like a Pro! Hassle free auto debit process of sending money
Amazing Offers
Automatic email notifications
Deposits to to Axis Bank,HDFC bank, ICICI Bank, Punjab National Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, and many more

 

FEATURES (Currently showing rates for USA to IND change )

Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
Fee
Up to $22500
$0.00
Taxes: Exchange rate displayed on RemitMoney is inclusive of all service charges (If any). The rate shown is Final.
Transfer Time
For First Time Users
5 Days
For Returning Users
Instant
*1 hour transfers are subject to successful KYC and Instant bank account verification.
Transfer Type
  • ACH PULL Transfer with Sub dollar bank account verification
  • Internet Banking Push Transfer
  • ACH PULL Transfer with Instant Bank verification
Daily Transfer Limit
  • Send up to $22,500 per day (In within 1 hour)

  • Send up to $99,00,000 per transfer (Internet Banking Push transfer – 2day)
Customer Service Info
1-844-441-7440
Company Headquarter
Mumbai
Company Type
Remittance Providers
Mobile App
N/A
Company Established
1994
Text Update (SMS)
Yes
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
  • Send money in 1hour on 1st transfer & Instantly afterwards! (24*7)

  • No fees on any transfer

  • No fees on any transfer

  • Best & Fixed Exchange rates

  • Real time tracking

  • Schedule one time or recurring payments over a span of 12 months

  • Refer & Earn Cashpoints worth INR 500 on every successful invitation!

  • Exchange rate guide & Rate Alerts

  • Hassle free auto debit process of sending money

  • Website that guides you like a Pro!

  • 24*7 Customer support

  • Amazing Offers

  • Automatic email notifications

  • Deposits to to Axis Bank,HDFC bank, ICICI Bank, Punjab National Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, and many more

Document Requirements
-

EDITORIAL REVIEW

No review available.

USER REVIEWS

Sagar Samet
Posted on July 22, 2020, 04:50 am

Horrible customer service. They are fraud and utterly nonprofessional. They took my remittance request without taking the necessary details in advance but after they initiated the transfer I was actually forced to give the details, which I refused as I don't have the required information. Hence, I requested for refund and they are yet to respond to my refund request. It is more than 35 days I am yet to get a confirmation on the same! It's a shame that a major bank is so unprofessional compared to other standard banks. Stop cheating loyal customers and learn to be professional.

 
Prats
Posted on January 07, 2020, 11:05 pm

Worst! I will never refer them to anyone. They are fraud and utterly nonprofessional. They took my remittance request without taking the necessary details in advance but after they initiated the transfer I was actually forced to give the details, which I refused as I don't have the required information. Hence, I requested for refund and they are yet to respond to my refund request. It is more than 35 days I am yet to get a confirmation on the same! It's a shame that a major bank is so unprofessional compared to other standard banks. Stop cheating loyal customers and learn to be professional.

 
Dev
Posted on December 28, 2019, 09:49 am

I have been using RemitMoney for couple of years. I would say more than 20 transactions during this time and all remittance to India . All transfers are sure success but with lot of obstacles. Customer service is great but may not be up to the standard. As far as reliability and accountability goes you know how Desi companies and banks work. standard is very low. Remitting through Nostro account is a blessing free of cost. Can’t beat that. Keeping in mind if you deal with them I think you will not regret. Most of my remits were deposited late. But I used to book transaction way earlier, keeping the INDIAN stretchable time(IST) in account. With all these pros and cons, Overall I would definitely do business with Axis bank. Since I am placing my review in compareRemit , I have to compare with others. But I will never remit through SBI or ICCI, not even by reluctantly . If I compare among other Desi banks like SBI or ICCI , Axis bank definitely stands out.

 
Cyril Ananth
Posted on November 14, 2019, 02:09 pm

I did a transfer on Oct 22 and to trace the amount that I transfered took more than 20 days and multiple follow-ups. This is the transaction - RXM54594937360002. I would suggest not to use this service as they are much better options available. I lost almost around 17K INR with them. No proper customer service as people don't know how the banks function in US. Stay away Thanks, Cyril

 
arun basu
Posted on October 18, 2019, 09:11 pm

RemitMoney is a superb professional group of the Axis Bank. They have always helped me when I needed to transfer money urgently to India.

 
Rasik Shah
Posted on October 03, 2019, 03:43 pm

Mahesh help me lot for transfer money to my Axis bank .He is very nice and helpful person so I can rerecorded to my friend

 
RemitMoney
Posted on October 07, 2019, 07:43 am
Dear Rasik Shah,

Thank you for letting us know about your experience with our customer service, it's always a pleasure to be able to meet your expectations any time you send money through us.

We are glad Mahesh was able to assist you and please do refer us to your friends and family.

Regards,
RemitMoney Team
Dhimant
Posted on October 03, 2019, 08:35 am

Excellent service at the initial, during, and after. Number of phone calls to make sure we get the proper information and guidance. Very satisfied with the service.

 
RemitMoney
Posted on October 07, 2019, 07:42 am
Dear Dhimant,

Thank you for sharing your experience it certainly helps us improve and serve our customers better.

We are glad customer service team was able to assist you and please do refer us to your friends and family.

Regards,
RemitMoney Team
Thara
Posted on September 27, 2019, 05:00 pm

Neeraj stayed on the phone with me for hours, was super kind and helpful, and I can't show enough gratitude for all the patience he showed in assisting me. Couldn't have asked for better help, the customer service gets ten stars

 
RemitMoney
Posted on October 01, 2019, 06:29 am
Dear Thara,

Thank you for letting us know about your experience with our customer service, it's always a pleasure to be able to meet your expectations any time you send money through us.

We are glad Neeraj was able to assist you and please do refer us to your friends and family.

Regards,
RemitMoney Team
dipak ghosh
Posted on September 20, 2019, 03:50 pm

It was a awesome experience . I have an account at axix bank in India. Never use RemitMoney before . Customer service helped me step step by step to registrar , link my bank a/c , KYC document download . Everything went smoothly and sent the money . The customer service representative Iqbal today also sort it out about the availability of funds in India. Everything is beautiful and organized and it works well compared to other money transfer process service . I recommend this to everybody if they want to transfer to their home country for their family and urgent need

 
RemitMoney
Posted on October 01, 2019, 06:29 am
Dear Dipak Ghosh,

Thank you for sharing your experience it certainly helps us improve and serve our customers better.

We are glad Iqbal was able to assist you and please do refer us to your friends and family.

Regards,
RemitMoney Team
Krishnaraj
Posted on September 04, 2019, 01:02 am

Hi, Am recently started my NRE account with AXIS yesterday i received my 1st month salary from UK in GBP. When its convert into INR i was really shocked they have given conversion rate @rs84 only. GBP to INR conversion does not go less than 85 in the past 15days. Am in Abroad i tried to contact our branch there is no response from them. it may continue in future i have to loss huge money. if it continues i planned to close my NRE account once i back to india. i will not refer to any of my friends if am getting poor response and unrealistic conversion rate.

 
RemitMoney
Posted on September 04, 2019, 05:47 am
Dear Krishnaraj,

We cannot track your name (Krishnaraj) or the Transaction ID you have shared here. Please share the correct details if you have booked a transaction with us, so we can check and get back to you with what went wrong.

Regards,
RemitMoney Team

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