International Money Transfer FAQs

Import: Currency Regulations in India Local Currency (INR) - Any person resident in India, who had gone out of India on a temporary visit, may bring into India at the time of his return from any place outside India (other than from Nepal a…

The legal limit to carry cash currency in US Dollars from India to USA is USD 3000 per person per trip. However, you can carry up to US $10,000 in form of currency notes, Travelers check, etc. without declaring it at the customs.  

There is absolutely no limit of sending money to India, provided you pay the required taxes. No limit on daily and monthly transaction. only money sending have limit for sending amount for individual. There is no limit on sending money from…

Automated Clearing House (ACH) is an electronic network for financial transaction run by the National Automated Clearing House Association, between banks & unions in the United States. ACH processes all kinds of fund transfer - credit and de…

No, the money transferred to US from India is not taxable. But, if it exceeds US $100,000 for any current year, you must report it to the IRS by filing Form 3520. This is just an informational form with no taxes payable. However, if the money is…

Yes, you can bring the proceedings to the US. It is recommended that you get the payment of the property through proper banking channels. Documenting proof is required for transferring money on sale of property. The first step is to get a certif…

While transferring money from the US to India, you can either use locked-in exchange rates or indicative exchange rates. The only difference between these exchange rates is that you will know the exact amount of money that will be received by th…

Sending money from the US- Since 2013, US citizens sending money overseas are supposed to pay the tax on the entire amount, if it exceeds $14,000 per person, in a year. In case you are married, even your spouse can participate in sending mone…

On Tuesday, November 8, the Indian government took a great bold financial step to discontinue Rs. 500 and Rs. 1000 currency notes in order to fight the rising issue of the flow of black money and prevent the counterfeiting of Indian currency not…

Import of Currency Regulations in the US   Foreign Currency and Local Currency (USD) - There is no limit to bring USD or any other currency in the US. You may bring upto USD 10,000 in form of currency notes, coins, travelers chec…

Any foreigner or NRI residing outside India in not allow to carry any amount of INR from abroad in to India.   Non-residents can carry Indian currency upto a maximum of Rs.10,000 beyond Immigration/Customs desk to the Duty Free Area/Secur…

To see the current offered dollar to rupee rate from top internationally money transfer services, visit our USD to INR compare page.

In order to transfer money internationally, you will need your personal information including mailing address, phone number, and full name. You may also be required to upload a picture of a valid ID. Your recipient’s name, relevant informa…

Most money transfer services offer ways to track your transfer from start to finish. Compare their exchange rates, fees, and transfer time to start your first transaction today.

An exchange rate is the rate at which one currency will be exchanged for another currency. Exchange rates among currencies tend to shift daily due to the changing market forces of supply and demand of currencies from one country to another.

Depending on the service provider, you may be charged a small fee for your transaction. However, some companies offer no fees on your first transfer. Compare overseas money transfer fees using our online comparison tool for your preferred corrid…

Different online remittance companies may impose limits on how much money you can send internationally depending on where you are sending money from and where your recipient is.

When using a trusted money transfer service featured on CompareRemit, you can have peace of mind knowing that your transaction will be safe and secure.

Transferring money internationally using one of our partner companies can take anywhere from minutes to a few days. When comparing companies using our online tool, you can also compare transfer times to choose the service that best fits your nee…

Using an online remittance service is the preferred way to transfer money internationally to get the best exchange rate, lowest fees, and fastest delivery. Check out our user reviews of the top money transfer services to find the provider that f…

To find the cheapest international money transfer service, use our online comparison tool. Select where you are sending money from along with your destination country and remittance amount to see the best rates today.

Many of the top online money transfer services have easy-to-use mobile applications for your convenience. Download the CompareRemit mobile app today to compare mobile transfer services and experience seamless transition to partner mobile apps to…