| Check | Personal Check drawn on a US Bank. They may be a delay involved from deposit to encashability, most Indian Banks do not charge a service fee. | |
| Western Union | Western union as a mode of sending money to India, it cost $39 upto 3000 dollars.Instant cash in India. | More Info... |
| ICICI Group | Remitting money through Money2India is as simple as purchasing merchandise through the web. Neither the remitter nor the beneficiary needs to have an account with us. You can send money to any of the 173 locations in India. Your money reaches its destination anywhere in India quickly and you can even track the remittance on the web. How does it all work? Simple, really. | More Info... |
| SBI Draft | Any SBI branch in US has a provision wherein they charge you $10 as commission and you can get a draft made in Indian Rupees right here in the US and sent to India. Takes 5-6 days. Their number is 800-6DIALSB or 212-521-3344 to speak to a customer service representative. The fees and terms/conditions are on the site | More Info... |
| American Express MO | American Express Money Orders. You can get these from many stores, including 7 - 11s, for a service charge of 50 to 99 cents depending where you are in the US. Most bank in India will pay you Rupees in minutes. Also, if it gets lost, full money (-$5) is absolutely recoverable. Extremely safe, inexpensive and fast method. | |
| AMEX MONEY GRAM | A quick way to send money to India is by AMERICAN EXPRESS MONEY-GRAM. They claim the recipient will have the money within a few minutes of Initiating the process here in U.S.A. The recipient needs to show some photoid to get the money at the other end. Since this is very fast the charges are bit higher. But it is very safe | Call 1-800-543-4080 |
| Citibank Rupee Drafts | Service charge is $5. Immediately encashable in India. | Call 1-800-CITINRI |
| NRI Account | Open an NRI a/c with Citi Bank/State Bank, India. Leave the check-book with your relatives. Arrange so that your folks in India could write checks and withdraw money. Takes about a week. Also, if you send a personal ($) check to Citibank at NY city, they transfer the money to Indian a/c by telex (no charge), wherein Rupees are credited in current rate. | More Info... |
| SBI NY or CA | NRI a/c with SBI NY, or BOI San Francisco. You can have a pre designated beneficiary in India who could draw in Indian Rupees in India while you pump $ here in the USA. | More Info... |
| Cable Transfer | Speediest 3-5 working days. However, there may be $35 service charge normally involved.SBI Chicago cable transfer ($16 charge). Takes about 3 days. | |
| Credit Card | Get a VISA card. Get an extra card for your relative in India. They can take cash advance and you can cover the charges from here in the USA. | |
| Draft | Bank Draft. Usually, a $10 service fee in a US Bank is involved. | |
| Others | Morgan's Trust/Hanover's Trust Cashiers Check/Demand Draft. You can get these in most US banks.Cashier's Check, Certified Check, or Money Order from a Local Bank. May involve service charge and delay in encashability status in Rupees. |