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Offline Money Transfer IndiaOffline Method of sending money to India include mainly mailing cheques and DD. The receipient can deposit the cheque in his bank account and wait for them to be cleared. The problem with this transaction is relatively longer periods(usually 15-21 days or more) for clearance of cheques. SBI allows to take DD in Rupee which is helpful for the receipients. If the receipients has a bank account of SBI in India money from the foreign SBI account can be transferred by wire transfer method. ICICI Bank also offer offline remittance (Canada, U.K. and Britain) money remittance is association with Wells Frago (USA) Insta transfer(sending money through ICICI partner banks) DD across the counter, Home point (money transfer within two hours from Canada), cheques, Wire Transfer (transfer through local Bank) and POSB in Singapore(remittance facility with DBS Band Singapore) are the various offline services provided by ICICI Bank. HDFC Bank also offer offline money transfer through cheques, DD, etc. Western Union is the another bank offer safe and faster money transfer to India. The receipient can pick the money from anyone of the 12,000 locations across India. In U.S. and Canada money transfer by making a phone call to Western Union is possible. |
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