Best Ways To Send Money Quickly From UK To India
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Best Ways To Send Money To India From The UK

Updated on January 21, 2020 10:12 am
currency conversion from uk pound to inr

The United kingdom is a preferred destination for many students and professionals from India. In the recent census, there were 1.4 million people from the Indian ethnic group, making the thirst largest ethnic group after White British (At 80.5%), Other White (4.4%) and Indians with 2.5% of the total population in the UK

Many Indians living and working in the UK send money to friends and families back in India. According to the RBI report from 2019, the United Kingdom is one of the top remittance sending countries to India. The purpose of sending money to India from the UK was primarily for family maintenance and investment. If you are looking to invest in India, here are our top investment recommendations.

Purpose of Remittances

What is the best way to send money to India from the UK?

Sending money online is the easiest way of sending money to India. The best, however, depends on your requirements and how you are paying and receiving.

  • Requirement: Speed, exchange rates, transfer fees, etc.
  • Payment Method: Wire transfer, debit card, credit card, etc.
  • Receiving Method: Cash, Bank deposit, etc.

 

Ways To Remit

How to send money online from the UK to India?

Sending money online is easy, convenient, and secure.

  • Simply compare the top money transfer companies on CompareRemit
  • Pick the best option that meets your requirements
  • Set-up your transfer
  • Select your method of payment
  • Click, send, and your money is on its way!

In the age of smartphones, every brand is going mobile. Most Money transfer companies today have their own apps to facilitate sending money online. We have reviewed the best money transfer apps in the market with CompareRemit's favorite feature.

Money transfer Apps

We have also covered the cheapest ways of sending money to the UK

Money transfers to India can be expensive depending on the option. The GBP-INR exchange rates and transfer fees differ a lot between India's major banks and money transfer specialists. Here are some of the best ways to send money online to India.

  • PassTo
  • Wise (formerly known as TransferWise)
  • WorldRemit
  • TransferGo
  • InstaReM

The factors affecting your money transfer value, payment and receiving methods are interrelated. If you need your money to be sent immediately, most often you will have to pay a premium. And if your beneficiary can wait for a few days, you can enjoy high exchange rates and low to zero transfer fees. If you are confused about which one will best meet your requirements, compare the top money transfer companies on CompareRemit and narrow down.

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