Tuesday, June 24, 2008

Help Me Find Out the Best Money Transfer Service to India

Hey guys, I need your help! I’m looking out for good money transfer services to India to support my cousin bro as he is planning to open a business back home soon.

I’ve gone through few services on the net like ICICI, Remit2India, Western Union, CitiBank, HDFC etc. but very confused which service to opt for. Basically I’m looking for quick service which has excellent exchange rates, minimum transfer fees, and is well available.

Few have suggested me to go for Remit2India or Western Union, but I want to make sure that I don’t go into loss. My friends tell me that Remit2India provides good exchange rates and has nil transfer fees, but is little slow in service unlike Western Union and ICICI which comparatively have quicker service, but poor exchange rates.

It will be the first time I’ll be transferring money to India. I would like to get more details regarding this as I’m not much aware of it.

2 comments:

Comfortably Numb said...

Jay, there is no 'ideal' money transfer service but yes Remit2india is BETTER than the rest. I use Remit2India regularly and have no complaints.

Unknown said...

hmm..remit2india is good service not the best but better than the rest, and nowadays i have also heard that most nri's are using this service..not surprised after all it a brand in online money transfer...

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