Sending Money from UK to India

There may be many reasons why you need to send money to India from UK. Be it for family reasons or business needs; we found these two methods quite popular among UK residents:

Sending Money from UK using Bank Draft

Indian craft and textile items are very famous worldwide. These items are bought by many small companies in UK. When they buy these items first time, the quantity bought is less, enough to check the quality of items. So the first payments are of small amount.

For such small amount transfer from UK to India the most cost-effective way is a UK pound sterling draft. It can be processed easily in India as most of the main banks in India take payments in Pound Sterling.

Sending Money from UK using Online Transfer

Another way to transfer money is online wire transfer. In the procedure of online transfer, first you have to fill up the transfer form in the branch of your bank. Once the correct information of bank accounts of sender and receiver is given, the funds are transferred using electronic way of bank to bank transfer.

To send payments internationally, Barclays Bank has two options – one for urgent payment and other for non urgent payments. For urgent payments the charges are 35 Pound Sterling and for non urgent payments 20 Pound Sterling.

If recipient is in India, the time period required for transfer might be 8 days. But mainly it depends on the location of the recipient’s bank.