Money Transfer to India


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idea0101   
Member since: Jun 10
Posts: 2
Location:

Post ID: #PID Posted on: 21-06-10 00:50:02

Does one know the best and safe way to transfer money to india...?

Thanks in advance



hchheda   
Member since: Aug 05
Posts: 2245
Location: Woodbridge

Post ID: #PID Posted on: 21-06-10 06:25:15

Quote:
Originally posted by idea0101

Does one know the best and safe way to transfer money to india...?

Thanks in advance



Check your PM.



manserwadekar   
Member since: Jan 09
Posts: 407
Location: All over place

Post ID: #PID Posted on: 22-06-10 12:30:38

Here are choices
1) Give it to me
2) ICICI, CITI, UnionBank,State bankc
3) WesternUnion
4) Not sure about Hawala.



chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 22-06-10 12:50:28

Quote:
Originally posted by manserwadekar

Here are choices
1) Give it to me
2) ICICI, CITI, UnionBank,State bankc
3) WesternUnion
4) Not sure about Hawala.




Wonder why not banks like Scotia/TD/RBC etc.?


-----------------------------------------------------------------
Chandresh

Advice is free – lessons I charge for!!


manserwadekar   
Member since: Jan 09
Posts: 407
Location: All over place

Post ID: #PID Posted on: 22-06-10 13:41:51

Quote:
Originally posted by chandresh


Wonder why not banks like Scotia/TD/RBC etc.?



How? Wire? Check? Did not hear any money transfer facility thru them. And I am very sure they will charge a big fees to do that.
(so better option would to give it to me ;) )



meghal   
Member since: Jul 04
Posts: 1651
Location: (0,0,0)

Post ID: #PID Posted on: 22-06-10 13:47:38

Quote:
Originally posted by manserwadekar


How? Wire? Check? Did not hear any money transfer facility thru them. And I am very sure they will charge a big fees to do that.
(so better option would to give it to me ;) )



I have a brochure from HDFC bank which mentions Scotiabank as one of the institute through which money transfer can be done. And I have done wire transfers through TD. IIRC, they are cheaper than Western Union.



imwhoever   
Member since: Aug 09
Posts: 277
Location: My laptop

Post ID: #PID Posted on: 22-06-10 14:26:04

wire transfer is any time better than western union or moneygram.

But if you want better rates and want to avoid those hawala, UAE exchange on albion islington is one of better service. Can transfer money directly to any Indian bank account with competitive rates.



Contributors: manserwadekar(3) chandresh(1) meghal(1) imwhoever(1) narapuram(1) idea0101(1) kisi143(1) hchheda(1) jigz787(1)



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