Tansfer of Money to India - Suggestions

Last activity 07 October 2023 by SportsMan

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SportsManContributor01 October 2023 07:32:52

130

HI Everyone. I need to transfer some money to a India as a gift. Can anyone recommend any company or bank that won't skin you alive with charges, or the best process to do this if there is a way online? I have done the same a year or 2 back with some beureau in Mosta but the charges where crazy. I do not wish to pay some 30Euro charge for a 100 euro transfer

Thanks and appreciate any help

SimCityATExpert01 October 2023 08:32:00

11272

I use www.wise.com to transfer money.

(Vm TAMIZHA)New member01 October 2023 10:11:58

@SportsMan you can use wise transfer

SimCityATExpert01 October 2023 12:00:09

11272

@SportsMan you can use wise transfer

-@(Vm TAMIZHA)

As I said in comment #2, it is now called Wise.

Eric RodgerNew member01 October 2023 17:01:41

If you have REVOLUT account it's very easy and fast and very very less transaction charges.... less that 1 euro for 100 euro transfer.... I use the same to transfer money home

SportsManContributor02 October 2023 18:49:57

130

Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account?

F0xgl0veMalta Expert03 October 2023 05:51:59

1974

Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account?

-@SportsMan

With Wise you can transfer to any bank as long as you have the details and I have found them more reliable and user friendly than Revolut who on one occasion used my UK bank to do the currency conversion instead of themselves which cost me an extra fee and also gave me a poor exchange rate. Also the Revolut name is frequently used by fraudsters trying to scam people out of money. Happened to me twice in one day when I was selling an item on Facebook Marketplace!

SimCityATExpert03 October 2023 06:10:46

11272

Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account? -@SportsMan

With Wise you can transfer to any bank as long as you have the details and I have found them more reliable and user friendly than Revolut who on one occasion used my UK bank to do the currency conversion instead of themselves which cost me an extra fee and also gave me a poor exchange rate. Also the Revolut name is frequently used by fraudsters trying to scam people out of money. Happened to me twice in one day when I was selling an item on Facebook Marketplace!

-@F0xgl0ve

My dad who is 82 thinks Wise is great and sends us money twice a year (Birthday & Christmas) and has nevr had any issues.

SportsManContributor07 October 2023 06:44:06

130

Thanks folks and I found all your info very helpful!

Much better info that any local or local bank could ever give me!!!

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