Wise ( formerly known as TransferWise) 

Wise is the easiest way to do it If you prefer to transfer funds online. They also have the best exchange rates, because they offer the equal market rate you see on XE or Google and do not add any unforeseen exchange rate markups. 

Cost of transferring finances to India;

• Transfer charges-1.13 USD plus 0.6 percent of your quantum. 
•  Exchange Rate-Wise gives you the best possible rate (google rate). They don’t use a peripheral. 
• Extra charges- Bank debit (ACH) is the cheapest; also bank line transfer; followed by debit card and credit card. 

Remitly 

Credit cards are accepted by Remitly and with their express option, funds can be transferred within minutes. Remitly has no minimum limit so it can be handy when transferring small quantities to family or relatives overseas. What we like about Remitly is they’re cheaper than Xoom/ PayPal or Western Union for fund transfers within minutes. 

Transfer charges-No charges when transferring $1000 or further and $3.99 when you spend lower than that for Express. 

Exchange Rate-The exchange rate you get depends on the quantum of your transfer and which country your funds are being transferred to. 

How to pay with a debit or credit card with Remitly 

• Log into the Remitly website. 
• When you are ready for payment, just insert your name, card number, expiry date, and card verification details. 
• Bank transfers or SWIFT payments are also available to send funds from the US. 

WorldRemit 

WorldRemit specializes in remittances and lower transfers. They are perfect for particular fund transfers from the US of over US$ ten thousand to India. Their rates are generally better than your original bank’s and they offer more flexible delivery options than companies like PayPal, Western Union, or MoneyGram. 

Transfer charges-1.99USD. 

Exchange Rate WorldRemit adds a periphery to the exchange rate. Click then to get a reflective exchange rate to send funds from the USA to India. 

Maximum transfer quantum US$5000. 

 How to transfer funds with WorldRemit 

• Produce an online account and log in. 
• Tap in how much, how you want to transfer (cash pickup, bank deposit, Mobile Money, or Airtime top- over), and where to. 
• Make original US payments to WorldRemit, using a bank transfer or your debit or credit card. 

Depending on your delivery choice. For a line transfer, they will get the Indian rupee in minutes. Cash delivery is ready quickly with a valid print ID and sale reference number. 

XE Money Transfers 

As a trusted and seasoned name in foreign exchange, XE could be a good option for online customers who are not under time pressure. They do not charge fixed fees and do not have any minimal quantities so are good for any sized sale. 

Transfer Figure -Free, but there can be unforeseen charges at the original bank. 

Exchange Rate-The USD/ INR exchange rate you get, when you convert your US dollars into an Indian rupee, will depend on the quantum of your transfer. Your receiver will get the funds in Indian rupee (INR) into their account in 1-3 business days. 

Xoom powered by PayPal 

Xoom is accessible for fund transfers, but expensive compared to other funds transfer specialists. 

Transfer charges differ depending on the quantum and how you pay them. Paying them by bank transfer is free, but if you pay by card the figure is % related.

Exchange Rate-A periphery is added to the exchange rate when you convert your US dollars (USD) into an Indian rupee (INR). 

Get a quotation Click then to find out the cost to transfer funds to India with Xoom. 

The beneficiary receives funds in a bank account or cash available for pick up at the agent’s position. 

It’ll take 1-2 business days. Transfers submitted by 11 am EST on a bank business day will be delivered by 5 pm EST the coming business day. 

They’re powered by PayPal, which is one of the oldest online payment platforms trusted for secure online funds transfers.