![]() ![]() This is because funds sent via wire transfers (the method most banks use to send money abroad) typically need to follow several steps as they pass along the SWIFT network, adding new time and costs to the process. When sending money from the USA to India, these specialist services are significantly faster and equally secure as the banks, and everything is wrapped up at a fraction of the cost. an ACH transfer in the US) to the local bank account of an international money transfer specialist service, which, in turn, will pay out the funds more quickly and cheaply to your recipient in India than the bank would. The other option you have is to make an ordinary bank transfer (i.e. See more about making a wire transfer in our in-depth guide here. These wire transfers are the preferred method of high-street banks and tend to be very slow and pricey. Firstly, you can make a wire transfer from the USA to India (also known as a " wire transfer"), which is done from your American bank account to your (or your recipient's) Indian one. To transfer money from the USA to a bank account in India, you will have two options. To find out how to transfer money from the USA to India, take a look at the overview below to discover how to transfer different amounts from the USA to India for two of the most popular receiving methods - bank deposits and cash pickup: Bank Transfers From the USA to India PayPal's international transfer arm Xoom) are popular among NRIs in the US but still don't offer the fairest fees and exchange rates, the fastest transfer speeds, or the most flexible payment options. wire transfers with traditional banks) can often be costly and slow. Using Monito's comparison tools and savvy how-to resources, you can find exactly how to transfer money from the USA to India by taking advantage of the simplest, speediest, and most secure ways to transfer your money from the US to India - no matter the amount or the pay-out method.įirst, it's worth noting that although there are many ways to transfer money from the USA to India, not all of them are suited for your needs. If you're like most NRIs sending money home from the US, you probably want to keep your currency exchange fees to an absolute minimum when converting from dollars to rupees. How to Transfer Money From the USA to India ![]()
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