Send Money From United States To India. Cheap And Fast Ways To Transfer Money Abroad.

Compare the best rates and fees to send money from United States to India

I am sending
from
to
Provider
Trustpilot
Speed
Total cost
Amount received when sending $100,000
Go to provider
1-3days
$ 695.43USDshow more
₹8,453,680.00INR
1-3days
$ 1,481.61USDshow more
₹8,388,190.00INR

We only compare secure providers which we have researched, tested and approved. Important information: Although we may receive a referral fee if you choose one of these providers, it won't affect the ranking of the provider, the exchange rates or any fees you are charged. Our results are sorted in order of cheapest to most expensive cost to you. Learn more.

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We display fees and rates transparently
Save on your international money transfer
Save on your international money transfer

Best ways to send money from United States to India

  1. Cheapest:   Wise
  2. Best exchange rate:   Wise
  3. Fastest provider:   Wise
  4. The best rated:   OFX

What is the cheapest way to send money from United States to India?

  • Wise: 384.48 USD
  • CurrencyFair: 695.43 USD
  • OFX: 1481.61 USD

When you are looking to send money from United States to India it's important that you calculate the total cost of your US Dollar to Indian Rupee transfer. You'll want to pay attention to both the upfront fee the provider shows you as well as the USD/INR exchange rate.

Often providers will claim to have low, or even no fees, but in reality they're hidden within the exchange rate. Right now, the USD/INR interbank rate is 85.1247. Whenever you compare fees for transferring money from United States to India, it can pay off to look at the exchange rate they offer.

For example, most traditional banks add a hidden markup to the exchange rate they offer you. If 1 USD is 85.1247 INR, your bank can add a 3% exchange rate markup and give you a rate of 1 USD = 87.67844 INR. Depending on how you set up your transfer this could mean that it would cost you more or your recipient could receive less.

Wise, the cheapest option, has a USD/INR exchange rate of 85.1247 and a fee of 384.48 USD. This would save you 1097.13 USD compared to OFX, who has a fee of 1481.61 USD.

Pricing data is collected from providers' websites, and the fee is calculated by factoring in the total cost (the transfer fee plus exchange rate margin).

Go to Wise

What is the fastest way to send money from United States to India?

 

Providers in the table typically take:

  • Wise: Instant-2 Days
  • CurrencyFair: 1-3 Days
  • OFX: 1-3 Days

Typically, sending money from United States to India will be much faster using a money transfer company compared to a bank that can take 3-5 working days. The fastest provider in our table to transfer money from United States to India is Wise (Instant-2 Days).

Go to Wise

What is the best rated provider to transfer money from United States to India?

 

Of the 3 providers we found for transferring money from United States to India, here’s how they stack up in terms of number of reviews and average score on TrustPilot:

  • OFX: 10,342 reviews, rated 4.3/5 on Trustpilot
  • Wise: 244,025 reviews, rated 4.3/5 on Trustpilot
  • CurrencyFair: 8,361 reviews, rated 3.8/5 on Trustpilot
Go to OFX

Safest way to send money from United States to India

Choosing an international money transfer service can feel like a risk. However, our comparison tool will only ever recommend secure providers which operate within the law in any part of the world they're in.

When you're looking for the safest ways to send money to India from United States you'll usually want to look out for providers which are registered with and operate under the FCA. In some cases operators may also be regulated by the PRA. And if you're sending money with your bank, you may also read about the FSCS. Too many acronyms? Let's look at what they mean.

FCA - Financial Conduct Authority - almost all financial activities have to be authorised by the FCA. The FCA's job is to regulate and oversee financial activities to make sure standards are upheld and financial businesses are trading safely and legally.

PRA - Prudential Regulation Authority - the PRA exists to make sure banks, building societies, insurance companies and other similar financial institutions are being managed safely, to control risk and keep customer money safe.

FSCS - Financial Services Compensation Scheme - the FSCS protects customers when their bank, insurer or other eligible financial service company fails. You may be able to get compensation through the FSCS to make sure you don't lose out if your bank goes bankrupt or runs into other financial difficulties.

How to send money from United States to India?

You've got a few key options if you need to send money from United States to India:


  • Bank transfer from United States to India - most banks will let you send money internationally online, by visiting a branch or by phone. Payments to INR will be sent directly from your bank account to your recipient's local bank account in your chosen currency.
  • Walk into a branch - several specialist money transmitter services operate through large branch and agent networks, so you can visit a physical store and make your INR payment in cash if you want to.
  • Send money online from United States to India - if you'd rather make your GBP/INR payment online or using your smartphone, you can choose your own bank's online banking service, or an international payment specialist. Specialist services can often offer better exchange rates and lower fees than banks.

How to send money to another bank account in India:

Sending money from United States to another bank account in India is often the most convenient option - both for you, and your recipient. Your recipient doesn't need to take any action to receive the money, it just lands in the nominated account in the currency you choose, and can be spent or withdrawn easily.

If you're sending money from United States direct to a bank account in India, choosing a specialist provider can be the cheapest and fastest way to make your payment. Different providers have their own processes for arranging payments - but the steps you'll take are usually roughly the same:

4 easy steps to send money with a money transfer provider:

  1. 1
    Create an account
    Register a new account with your preferred service, by entering your contact details and some basic information. You may even be able to do this using Facebook or Google for convenience
  2. 2
    Verify your identity
    Depending on the type of payment you're making, you may need to verify your account by uploading an image of your ID documents. This step helps keep your money safe, and is often a legal requirement.
  3. 3
    Top-up your account
    Add money to your account in pounds, using a bank transfer or card payment.
  4. 4
    Add recipient details and send
    Once you’re ready to send a payment, add your recipient’s personal and bank account details, check the exchange rate and fee applied to your payment, and confirm. That’s it - your money will now be sent, and you can track its progress online or in your provider’s app.

How can you pay for your transfer from United States to India?

Different providers offer different options to fund your international money transfer. Luckily, you have plenty to choose from.

Let's take a look at a few payment options for sending money from United States to India with these providers:

Wise

Bank transfer, card (debit or credit), SWIFT, Google Pay or Apple Pay

OFX

Bank transfer or direct debit

Details needed to send money from United States to India

The details you'll need to send money from United States to India may vary by provider. At a minimum, you will need to know the recipients name and you will typically be asked for their:

  • Account number
  • IFSC code

As with many currencies, the USD/INR exchange rate moves over time, due to changes in supply and demand.

Exchange rate fluctuations can be caused by underlying shifts in how well the economy in United States or India is doing. Other things that can influence the rate are the changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.

Right now, 1 US Dollar buys 85.1247 Indian Rupee.

The average USD/INR exchange rate over the past 7 days was 84.93893. It is 0.147% compared to the previous 7 days, when it was 84.81414.

How much will my money transfer from United States to India cost?

To send money from United States to India using one of the international money transfer providers in our tables, the fees range from 384.48 USD with Wise to 1481.61 USD with OFX (but the fee could be even higher with a bank). The exact cost depends a lot on where you're sending money, how much you're sending, how you want to pay, and how you want the payment to be received.

Typically sending money directly to a recipient's bank account using a specialist service can be done with fairly low costs, while traditional bank wire fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too.

When you're sending money internationally, don't forget that the overall fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.

How long does it take to transfer money from United States to India?

The length of time it takes to transfer money from United States to India depends on a variety of factors including the provider you use, how you're paying, and how you want your recipient to get the money in the end. From the providers that we display, the fastest international money transfer provider from United States to India is Wise, which can deliver the money to your recipient in INR in Instant-2 Days. The slowest provider to send US Dollar from United States to India is OFX, which takes 1-3 Days to send money from United States to India.

Sending money from United States to India - The verdict

When it comes to choosing the best provider for sending money to India from United States, it really depends on what your needs are.

The cheapest provider shown in our comparison is Wise and the fastest is Wise. Wise can get your money to your recipient in India in Instant-2 Days.

If safety is what interests you the most when it comes to picking the best international money transfer provider from United States to India, then all the providers we listed above are regulated by different financial institutions and should be safe to send money from United States to India with.

The ultimate guide on how to find the best exchange rates online

Frequently asked questions when sending money from United States to India

What is the best way to transfer money internationally?

There's no single best way to transfer money from United States to India. It all depends on your priorities. Different providers offer a different balance of cost, speed and convenience. Using our comparison tool to check out a range of providers is a good way to painlessly find the best option for you.

How to send money from United States to India?

You can send money from United States to India using your own bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.

Can I send international money transfers from United States to India for free?

You can't send money to India from United States for free. International transfers cost providers money to arrange, so there's always a fee somewhere to make sure that the business covers its costs and generates profit. However, many providers choose to make the fees you pay trickier to spot by adding them into the exchange rates used for transfers. That way they can advertise commission free payments, while still making some money every time.

How to calculate the exchange rate?

An exchange rate shows how much you'll get when you sell one currency and buy another. However, there is no single exchange rate out there - instead, banks and financial service providers can set their own rates, which may actually include extra fees.

The best rate to use as a benchmark is the mid-market exchange rate for your currency pair. You can get this from a Google search, or using a reputable online currency converter. This is the rate that banks and payment providers get when they buy currency themselves. If the rate you're offered by a provider is different to the mid-market exchange rate that usually means there's a markup - an extra fee - being added to it. This can push up costs or mean your recipient gets less than you expect in the end.

When is the best time to transfer money from United States to India?

There is no official best time to send money from United States to India and that depends on a variety of factors such as when you need to send money or when you want the funds to be received.

It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.

How to send money online instantly?

Transfers made online for cash pickup, or to mobile wallets, are often available quickly - if not exactly instant. You may also be able to send an instant payment with an ewallet service. However, in both cases, you’ll probably pay a premium for the speed.

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