Are you buying a property overseas or making a large investment of any kind in another country? The only question pressing your mind is the need to find a reliable company that can transfer a large sum of money from the US in the most convenient way.
With the advent of globalization and flourishing market of remittance, the need to transfer a big amount of money is also growing. Transferring a large amount of money overseas requires a secure and efficient mode of money transfer.
How to Transfer Large Amount of Money Overseas?
4 Things to Check When Sending A Large Amount Online
Is Online Transfer “Safe” for Sending Large Amount?
Of course yes! An important factor to consider while sending such a large amount online is to get the best exchange rate possible. Even small variations in the exchange rate can make a huge difference if the amount is large. But the main concern should be the safety and security of the transaction. Remittance companies like Remit2India, Xoom, Transferwise, Instarem, Remitly, Venstar, OFX, and MoneyCorp are just a few of the online remittance players which facilitate large remittances and are trusted by millions of migrants abroad. In this digital age, online remittance is now the best option to send even a large amount of money from the US. Online transfers provide more convenience, hassle-free, will save you time, and money with guaranteed safety and security.
Below is the list of money transfer companies which accept a large amount of remittance in a single transaction online.
|Money Transfer Service Providers||Payment Method||Transfer Time||Send Slabs||Transfer Fee (USD)||Transfer Limit|
ACH / Debit/Credit Card
Instant to 4 Hours
|Up to $500||4.99|| |
|$501 - $999||$2.99|
|$1000 - $50000||Free|
ACH / Wire
Up to 1 Hour
|Up to $999||$2.99||$50000 (ACH)|
|$1000 - $99999||Free||$200000 (Wire)|
|Transferwise||ACH / Wire||2 days||Up to $36,000||0.89%||$ 36,000.00|
|ACH||3 - 5 days||Up to $999||$4|| |
|Debit/Credit Card||Within 4 hours||$1,000 - $30,000||Free|
|ACH||Within 1 hour||Up to $22,500||Free||Up to $22,500 (ACH)|
|Wire||Within 2 days||Up to $99,00,000||Free||up to $99,00,000 (Wire)|
|Venstar Exchange||Wire||1 day||Minimum of $10,000||Free||No Limit|
|ACH||5 Days||Up to $5,000||$5|| |
|Wire||5 Days||$5,001 - $100,000||Free|
|Money Corp||Online||3 - 5 days||Minimum of 50||$5.00||No Limit|
|InstaReM||ACH / Online Transfer /Wire||2 days||Up to $9,999,999,999||0.50%||$ 9,999,999,999.00|
|ICICI Bank Money2India||ACH / Wire||5 days||$0 - $25,000||Free||$ 25,000.00|
|State Bank of India California||ACH/ Wire||0 to 4 hours||Up to $25000||Free||$ 25,000.00|
ACH / Debit Card /Credit Card
|Up to $1000||$3|| |
|$1001 - $999999||Free|
For a complete guide and comparison of exchange rates, fees, the speed of delivery, and to get the best value on your dollars you can check here.