Friday, May 24

Expert Tips for Sending Money to India from USA

Expert Tips for Sending Money to India from USA

If you’re an NRI in the USA, it’s only natural to want to support your family back home. You may want to send money to India from USA to provide financial assistance to your parents, siblings, or other relatives. You many even want to invest in various financial products or real estate in India. In such cases, you will need to transfer money to make the required investments.

But let’s face it, transferring money to India from the USA can be a daunting task, especially if you’re new to the process. Don’t worry though, because we’ve got you covered with some pro tips that will make sending money to India a breeze.

Choose a Trusted Money Transfer Service

Send money via a trusted service that has a good reputation. Look for reviews from other customers and check if the service is regulated by the government.

Money2India by ICICI Bank (India’s largest private sector bank) is trusted by millions of users for its safety, exceptional exchange rates and higher transfer limits. The service also offers a 24/7 customer support team to assist customers with any queries or issues.

Compare Exchange Rates

Before sending money, compare exchange rates from various banks and money transfer companies. Exchange rates fluctuate daily, and sometimes even hourly, so it’s important to check the rates when you plan to send money to India. If the exchange rate is favourable, you will get more Indian rupees for every dollar you send.

For instance, Money2India by ICICI bank is known for offering competitive and attractive exchange rates. NRIs in the USA can transfer money at favourable rates, ensuring that their beneficiaries in India receive the maximum amount of money in INR. 

Check the Transfer Fees

Different banks and money transfer services charge varying fees for sending money to India. These fees can add up and make the overall transfer more expensive. However, if you send money through Money2India, there is zero transfer fee if you remit $1,000 or more in a single transaction.

Transfer Limit

When choosing a remittance service to send money to India from USA, it’s important to consider the transfer limits offered by the service. ICICI Bank’s Money2India service offers high transfer limits, which can be beneficial for NRIs looking to transfer larger amounts of money to India.

With Money2India, customers can transfer up to $300,000 in a single transaction, making it an ideal option for those who need to transfer larger amounts of money. This high transfer limit can also help save time and reduce the need for multiple transactions, which can be cost-efficient in the long run.

Secure Transactions

There are concerns about the security of online money transfers, especially when it comes to personal and financial information. This can make some people hesitant to send money online.

Look for a money transfer service that has advanced security measures to protect your information, like Money2India. While most electronic fund transfers are processed through ACH and are completely online, ICICI Bank offers added security features like 128-bit SSL encryption of data, secure login, security questions, identity confirmation, restricted number of login attempts, etc.

Verify Details

It is essential to verify the recipient’s details, including their name, address, and bank account information, to ensure that the transfer goes smoothly. Any errors or discrepancies can cause delays or result in the transfer being rejected.


Sending money from the USA to India requires careful consideration of several factors, including exchange rates, transfer fees, transfer limits, verification, and security. However, by researching your options, using trusted services, and following expert tips, you can make the process easier and more cost-effective.