Send Money India

Remitting money to India is surely a costly affair especially for someone who remits money regularly. We might not be aware of the loss, but such small amounts add up to a huge loss in the long run. However the good news is that you can save on this expenditure if you are ready to [...]

Most of us have received spam emails from some unknown person who claims to be from Nigeria or some other African countries offering an astronomical amount of money. It becomes both interesting and comical when this person claims that he is the nephew of some disposed dictator or the only heir to a multi millionaire! [...]

HDFC Quickremit is an online remittance service from HDFC bank. As the name suggests Quickremit is one of the quickest remittance service available. However, poor customer care service is making it unpopular among users. The company needs to revamp its customer care in order to survive the tough competition. HDFC Bank started this service in [...]

Indus Fast Remit is the online remittance service from IndusInd Bank to send money to India. IndusInd Fast Remit is a fast, secure and convenient way to remit to India from USA and UK. Indus Fast Remit at a Glance SendMoneyIndia.org Rating 8.07 out of 10 Exchange Rate Good Speed of Delivery Fast (2-7 Days) [...]

Hawala is an illegal method of remittance across countries. A bunch of people called money brokers are the middle men who make the transfer. This method of remittance does not involve physical movement of cash. Studies reveal that, between $100 billions and $300 billions flow through informal remittance systems every year across the globe. In [...]

Since its inception, money orders have come a long way. Money orders were once upon on a time the only mode of money transfer in India, especially in rural India. The rural population was completely dependent on money orders to meet their financial requirements. Images of post men carrying cloth bags, bringing good fortune to [...]

The Foreign Exchange Regulation Act, or FERA and Foreign Exchange Management Act, or FEMA deals with laws which relate to foreign exchange in India. Foreign Exchange Laws under License Raj FERA was introduced in 1973 to regulate the foreign exchange reserves of the country. During that time there was a severe crunch on foreign reserves [...]

Money2India is an online money transfer facility from ICICI Bank. Money2India can be used by anyone across the world to send money to India. The ease to operate and promptness in delivery has made Money2India the most popular money transfer option to India from anywhere in the world. Money2India at a Glance SendMoneyIndia.org Rating 8.24 [...]

The process of remitting foreign money to a country is called Inward remittance. It is a collective phrase used to mention the money transfer to a country from other countries. Technically inward remittance is the process through which a foreign bank/company transfers the fund to the domestic bank account in the home country. The process [...]