1. Wise (Old name: TransferWise)
Download App – https://wise.com/
What is Wise?
Wise is an international money transfer service.
It gives the real exchange rate (mid-market rate), same as Google shows.
Very transparent fees (no hidden charges).
How to Send Money with Wise?
Download Wise App or go to wise.com.
Create an account (use email and ID proof like passport).
Enter Receiver’s Bank Account (account number & IFSC code in India).
Enter the amount in USD (it will show how much INR they get).
Pay using ACH, Debit Card, or US Bank Account.
Wise will send money to India directly to the bank account.
Fees & Charges:
Wise charges a small transparent fee ($4–$6 approx).
Shows you exact exchange rate.
No hidden fees in exchange rate.
Transfer Time:
Usually 1 to 2 business days to reach Indian bank account.
Best For:
People who want low fees & best exchange rate.
Good for large amounts also.
2. Remitly
Download App – https://www.remitly.com/
What is Remitly?
Remitly is a money transfer app from USA to India.
You can choose Express (fast) or Economy (cheap) options.
How to Send Money with Remitly?
Download Remitly App or go to remitly.com.
Create an account (email & ID proof needed).
Enter Receiver’s Bank Account Details.
Choose Transfer Speed:
Express = Fast (costs more).
Economy = Slow but cheaper/free.
Pay using Debit Card, Credit Card, or US Bank Account.
Money will be sent to Indian bank account or even cash pickup.
Fees & Charges:
Express Transfer: around $3.99 or more.
Economy Transfer: often $0 fee if paying by US bank.
Exchange rate is good, but not always as perfect as Wise.
Transfer Time:
Express: Money reaches in minutes to hours.
Economy: Takes 3 to 5 business days.
Best For:
People who want fast transfers (Express).
First-time users get free fee offers
.