How to Send Money to India from the USA

Are you an NRI working or studying in the US? Do you wish to send money home to India to meet your family’s needs or to pay utility bills? Check out this introductory guide that offers you all that you need to know about overseas money transfers from the USA to India.

Electronic transfers have become the norm today. Not just within countries but across nations and continents, more and more users are using digital methods to send money to their loved ones. Today, more than a dozen service providers offer online money transfer services from the USA to India, catering to the requirements of the Indian diaspora in the US.

Here, in this guide, we take a look at the three popular methods for sending money from the USA to India.

  1. Online Transfers

Today, several service providers, including – banks and high-street money transfer agents – offer this service. Quick and hassle-free online transfers are emerging as one of the most preferred ways to send money to India from USA.

For an online transfer, all you need is a stable internet connection and an online banking account. Log into your banking account and provide the details of the recipient – name, address, bank account number, and email id.

Your bank then transfers the amount from your account in the US to the recipient’s local banking account in India using SWIFT or IBAN. The amount reaches the account of the recipient in a few hours or a few days, depending on the location of the sender and the recipient.

Online transfers are hassle-free, convenient, and help you get the job done from the comforts of your home.

  1. Mobile Money Transfer Apps

This is more convenient than the above method, as you can complete the transfer right from your mobile phone.

Some of the key features of mobile money transfer apps include:

  • Initiate money transfer with voice commands.
  • Easy to add recipients using your social media networks like Facebook, Whatsapp, Gmail, etc.
  • Quick pay to repeat a transaction with just a few clicks. Works well for regular transfers.
  • Secure log in using 4-digit passcodes or fingerprint.
  • Track your transaction and monitor the transfer of your money.
  • Transfer money to any bank accounts in India, 24 x 7 from anywhere in the world.

How to send money to India from USA using a mobile app? First, download the app from the Apple Store or Google Play. Log in to the app and create an account. Link your bank account to the mobile wallet. Add details of the recipient, and just like online transfer, you can send money to the recipient’s account directly using just a few taps.

  1. Conventional Methods

Though digital transfers have become the norm, conventional methods like cheques, demand drafts, high-street transfer services via cash are also available. You can opt for these methods if transfer time isn’t an issue.

Which Method to Choose for Transferring Money from the USA to India?

It all depends on what you are looking for. If you value convenience and speed, then mobile money transfer services are the best choice for you. On the other hand, if transfer speed isn’t an issue and your recipient prefers getting the amount in cash, then you can opt for high-street transfer services.

Irrespective of the method you choose, make sure to consider other crucial factors like – exchange rates, transfer fees and charges, security and reliability of the service.

Disclaimer: “The contents of this article is meant merely for informational purpose. Any reliance placed on such information is therefore strictly at one’s own risk.”