Sending Money To India

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kunseh
Member since: May 06

Posts: 16
Location:
Post ID: #PID

Posted on: 12-05-06 17:22:49

Hi!

Can any1 please tell me, whats the best way to send money to India? I mean what is better - Western Union better, ICICI, HDFC or some other?
(for amount less than $500)

Plz do lemme know, its really urgent!

Thanks

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 12-05-06 17:37:03

Where are you from and where do you want the money to go.
There are agents to send money to major cities of India. There is a $10 charge but they will give the best rates, deliver in cash in person anddeleiver in 1 business day gap.
TK

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kunseh
Member since: May 06

Posts: 16
Location:
Post ID: #PID

Posted on: 12-05-06 17:44:56

I am currently in Toronto and want to send the money to Chandigarh (U.T.) India. Please do let me know the details, thanks!

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 12-05-06 17:53:09

There are operators who can deliver cash to Chandigarh. (the Transaction is prefectly legal in Canada). I am personally not aware of any person delivering to Chandigargh. Maybe some other CD can suggest. I know only for Bangalore, Chennai, Trichy, Madurai and all cities of Sri Lanka.
Please use this info. at your own risk.
TK

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I am a Gents and not a Ladies.

mails4sagar
Member since: Nov 05

Posts: 310
Location: Toronto
Post ID: #PID

Posted on: 12-05-06 18:37:49

TK,

how legal are these transactions in India ???

isnt it considered to be "hawaala" in india ???

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I want the cultures of all the lands to be blown about my house as freely as possible.
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tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 12-05-06 18:48:40

M4S,
Yes. It is Hawala. It is Black money, once it reaches India though fortunately not Blood Money. This money is used to buy gold and sell them to Jewellers in India. Most jewelers evade taxes in India.
That is why i cautioned to use the information at your own risk.
TK
Sidenote : This is perfectly legal in Canada and that is why i had the courage to explain this service in CD. They take your DL information.

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I am a Gents and not a Ladies.

AshwaniG
Member since: Jul 04

Posts: 1484
Location: Convinient
Post ID: #PID

Posted on: 12-05-06 23:18:30

Hi !
Citibank offers free draft issuance and delivery to any part of India ..
I found the system quite comfirtable b'cos they issue draft even on the pre set dates (monthly , quartely or what so ever is rqd )
Ashwani

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Contributors: tamilkuravan(6) kunseh(3) Magcanada(2) AshwaniG(2) despremi(2) Seema(1) peacock1(1) hchheda(1) mails4sagar(1) akkiluck(1) khubuseth(1) navin2004(1) desiskywalker(1)

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