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3 Easy Ways to Send Money India from US
By: Jyotsna K
Are you looking to transfer money from US to India? There are numerous methods to do so, given underneath are some of the frequently accustom methods to send money. You can choose the one which best suits your time and cost skeleton.
1. Special Programs offered along Banks
Many banks offer to remit money to other countries at very cheap rates.
Wells Fargo, particularly,[link widoczny dla zalogowanych], has made it very simple and fast to mail money to India. The charges to send money from one bank account to another in India are $5. The charge is $7 in case you use cash. The money convey is completed immediately in either the cases.
Citibank offers Citi Online Remit procedure which is quite similar to the an mentioned on. It offers an joined benefit of free service to NRI list holders.
HSBC‘s special services comprise sending a Rupee Draft by which the money is transferred to India within three business days.
2. A Bank account with access to family members
This is the most sparing direction while you absence to send money to your family back family in India ashore a normal basis.
What you must do is apt choose a bank of Indian origin namely has a branch in the US for well.
Bank of India is one such bank which has branches bring an end to ...India as well as in New York. The account setting has to be altered such that you and your family members have equal access to the account.
Now you can deposit the money in US and it can be retreated by your family members in India at not accessory spend. Keep in mind that this is one of the fastest ways to give them access to money.
3. Using a Prepaid Debit Cards
This option is fair right as people alive in subway cities like Delhi and Bangalore where debit and credit cards are accepted accessible.
To make use of this option you must choose the enterprise and have the card delivered to your family in India. Inform them about the PIN and then add money both by call or online.
Every time you add money on this account you will have to disburse an extra $5, no stuff how small the sum may be. Since your family members have access to the ATMs, the money is accessible anytime.
A Few Facts
Keeping in idea a few facts about the money in India will aid you to choose the best likely option. The chief currency of India is the rupee. One rupee equals about .02 US greenbacks and 1 USD equals about 45.17 rupees. The maximum major banks in India are State Bank of India, ICICI, HDFC, Union Bank of India, Bank of Baroda, and Allahabad Bank. Most of them offer online services which is as good as those offered by banks in the US. For further convenience meantime transferring money, you tin check if they have branches in US.
With a little perception about the currency, banks, and means to transfer money to India, you can judge which is the right option for you,[link widoczny dla zalogowanych]!

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