USA INR

₹ 64.40

HIGHLIGHTS

Remit2India is the flagship brand of global digital payments specialist, TimesofMoney. A pioneer and trusted name in the online money transfer industry for over fifteen years, Remit2India has helped over a million NRIs, to conveniently and securely, transfer money to India.

With Remit2India, you get the option to lock an exchange rate when you book a transaction that means you get the assured rupee value in India even if there is a market fluctuation. You stand to get a little extra every time you send money through Remit2India with its additional benefits. You also get notified instantly every time a transaction takes place. Plus, you can set payment alerts for your regular payments as well as get reminders. You can also track your money instantly using the Status Tracker, which gives you instant updates on where your money has reached. With transfers from 24 countries and in 10 currencies, Remit2India is a fast, safe and convenient way to send money home to India.

What's Good About Remit2India

Send Money via ACH and Wire Transfer
Offers Competitive and Attractive Exchange Rates
$0 Transfer Fees For Transactions over $1000 in a Single Transaction
Offers Additional Benefits Like Guaranteed Exchange Rate, Indicative Exchange Rate and Referral Rewards

 

FEATURES

Today's Rate
For New Users Only
$ Amount
₹ Exchange Rate
$50 - $10000
₹64.40*
₹64.40* applies to sending amount up to $2000. For amount more than $2000, regular rate will apply.
For Returning Users
$ Amount
₹ Exchange Rate
$50 - $10000
₹63.50*
Exchange Rate Type
Locked-in
Transfer Fee
Bank Account
$ Amount
₹ Fee
Up to $500
$3.00
$501 - $999
$5.00
$1000 - $99999
$0.00
Service Tax is applicable as per the Service Tax (Amendment) rules, 2012 of the Government of India & is recoverable from any foreign currency transfer into India.
Transfer Type
  • ACH Transfer
  • Wire Transfer
Daily Transfer Limit
ACH Transfer: $10,000
Wire Transfer Limit: $50,000
Customer Service Info
1 (888) 736-4886
Company Headquarter
Mumbai, India
Company Type
Remittance Providers
Mobile App
Company Established
2001
Text Update (SMS)
No
Email Updates
Yes
Provider's FAQs
Referral Program
Yes
Key Feature
  • Higher Transfer Limits

  • Money On Referral

  • Option to choose Guaranteed or Indicative rate

Document Requirements
According to compliance requirement

EDITORIAL REVIEW

Founded in 2001, Remit2India is powered by Times of Money and the partner bank is Axis Bank. It provides both guaranteed and indicative exchange rate and is the flagship brand for TimesOfMoney (TOML).

In order to send money through Remit2India most of the services require the sender to use a bank account. The ACH transfer uses the Automated Clearing House system to transfer money. The transaction takes 5 working days. The second service is Online Transfer which has no upper limit. You can send the money to over 90 banks in India and it takes 4-5 working days. To send large amounts of money Wire Transfer is also available through Remit2India that takes 2 working days. 

Remit2India's money transfer service is flexible about the mode of receiving money and ascertains that the recipient receives the funds. The money can be received directly into the bank account. The money can be deposited in over 90 banks that include 11,000 SBI branches across the country. 

The transactions can be tracked through Remit2India Status Tracker. The transfer fee for the services is slightly high and ranges from $3-$25 depending on the amount of money you send. Service charges may be levied too depending on the discretion of TOML. Remit2India claims that there are no additional hidden fees associated with the services.

But what is attractive about Remit2India are the discount offers. Limited time offers give a fee waiver for amount over $1000. The Money on Referral program allows both you and your friend whom you refer to receive referral money.

Remit2India has also won many accolades in the past like the 2010 Standard of Excellence Award from Web Marketing Association and was recognized as the "Best of Industry" in the International Business & Technology categories for 2010. 

Ultimately, Remit2India does not provide a wide variety of services like other remittance companies for sending money to India. There are no fast remittance services but it does provide a big platform for the users to save money by giving various kinds of discounts and offers.  

USER REVIEWS

Rushabh
Posted on July 20, 2017, 03:53 am
Remit2India
Posted on July 26, 2017, 12:30 am
Thank you Rushabh for using Remit2India.

I guess Remit2India is the only company which allows to transfer upto USD 50K in one go while others are pain as you are required to do tens of txns to transfer that amount.

 
Trevor
Posted on July 18, 2017, 01:04 am
Remit2India
Posted on July 19, 2017, 03:37 am
Hi Trevor,

We believe you have spoken to our customer service team and money has been credited to your bank account. Apologies for the inconvenience caused to you.

https://bankingombudsman.rbi.org.in/ https://india.gov.in/lodge-complaint-banking-ombudsman-rbi

 
Trevor
Posted on July 18, 2017, 12:52 am
Remit2India
Posted on July 19, 2017, 03:36 am
Hi Trevor,

We believe you have spoken to our customer service team and money has been credited to your bank account. Apologies for the inconvenience caused to you.

Here is an update for all potential customers of remit2India. IT is now 8 days since remit2india received my money. They have closed my transaction but have not returned my money. I am now preparing to inform authorities if my money is not returned today. Be warned that this company is a dishonest company and you should not take any chances with them.

 
Trevor
Posted on July 17, 2017, 05:09 am
Remit2India
Posted on July 19, 2017, 03:37 am
Hi Trevor,

We believe you have spoken to our customer service team and money has been credited to your bank account. Apologies for the inconvenience caused to you.

Letting anyone having difficulties with Remit2India to contact the banking ombudsman service. https://www.rbi.org.in

 
Naveen Babu
Posted on July 16, 2017, 11:17 pm
Remit2India
Posted on July 19, 2017, 03:42 am
Hi Naveen,

Thank for being a valuable customer. Please visit www.remit2india.com for latest information on our exchange rates.

Hey Thanks. Got the best rate available.

 
Carol &John
Posted on July 05, 2017, 04:35 pm
Remit2India
Posted on July 06, 2017, 12:01 am
Hi Carol & John

We work to protect personally identifiable information from unauthorized access using commercially available computer security products, such as firewalls, as well as carefully developed security procedures and practices. We employ security safeguards to help protect the personally identifiable information that you have provided to us from loss, misuse and unauthorized alteration. The data channels used for transmitting sensitive information are securely encrypted. We also have strict policies and technical barriers in place to prevent unauthorized employee access to customer’s data. Remit2India prides in itself for serving its customer for more than 16 years without any single instance of breach in trust.

We are very sorry to note that many people who are working and living in the USA don't understand what is happening with your personal information and this company. When we give the copy of SSN and drivers licence, we are heading for problem. This information is storied by a company in India, and Remit 2 India is not responsible for the misuse of your ID and SSN. Even employees of many of the US banks can't see the SNN number of the customer/ only last 4 digits. Think about giving the copy.You must be kidding! Customer service guys act like an Indian Village officer. No service .. not keeping their words. Help other Indians from making this huge mistake. Your information may land up in some African nation and then you had it for life. Say NO!

 
John
Posted on July 03, 2017, 02:56 pm
Remit2India
Posted on July 05, 2017, 12:23 am
Hi John,

We value your business and appreciate your feedback regarding our internal controls. As a licensed business in the US we are required to maintain an effective Anti-Money Laundering Program that both protects our consumer privacy and complies with Federal requirements. Our program is designed to ensure we are complying with state and federal requirements. There are circumstances where we must obtain additional information from our customers to process the transaction which may include obtaining your SSN, ID and obtaining source of funds. We understand this may be burdensome but unfortunately we are required by law to ensure we have a “Know Your Customer” policy that complies with federal requirements. Please be assured that we have a privacy policy that ensures we handle customer information with safety and we maintain a security system that encrypts customer information internally.

Remit 2 India is a financial profiling company. They are profiling US customers. How can they keep the copy your Social security number and ID number. Federal Bank also got into this rat trap. They can use the copy of your ID and SSN number to destroy your future and credit. Never ever use this company. Employees can sell this information. Dangers. Dangers. They are asking KYC questions like your salary, your green Card etc. Danger. I just cancelled my transaction with this company.

 
Sandesh
Posted on June 22, 2017, 06:00 am
Remit2India
Posted on June 23, 2017, 02:41 am
Hi Sandesh,

Thank you for your appreciation. We are indeed happy to hear from you.

I would like to genuinely thank the entire team of Remit2India. They provide excellent service and really go out of their way to assist their customers. I have been using their service every month for the past 2 years. Recently I had a family urgency and had to send money to India, the customer care suggested the best sending option and made the whole process smooth for me. I would definitely recommend the services of Remit2India to all my family and friends.

 
Vaibhav
Posted on June 12, 2017, 11:29 pm
Remit2India
Posted on June 15, 2017, 03:41 am
Hi Vaibhav,

Thank you for your appreciation. We are indeed happy to hear from you.

Excellent service by Remit2India. I used Remit2India for the first time and got 80 paisa extra offer. Initially I was skeptical as 80 paisa extra did not show on their website but the customer care guy told me that it will be added at the time of transaction as the offer is exclusive only for CompareRemit users. My money was transferred at a good rate because of this offer. Yes it took a little time for the transfer to happen as it was my first transaction, but it was worth it. Thanks Remit2India.

 
Suchitra
Posted on May 12, 2017, 06:01 am
Remit2India
Posted on May 22, 2017, 05:36 am
Hi Suchitra,

Thank you for using Remit2India. We are happy to hear your experience with us.

It has been more than two years since I started using Remit2India services for sending money back home. Till date, I haven’t experienced any issues with their services. There were minor issues but it all got solved quickly. Their customer care is good and always willing to assist with required information. By using Remit2India services, I have received the best mix of exchange rate and good value for my money transfer.

 
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