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    • Money Transfer Basic Additional Methods for India
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    Additional ways to send money to India includes the following:

    1. Internet Transfers

    The fast, convenient and affordable way to send money to India. With just a credit card or debit card or using a ACH transaction from your US account you can send checks to any postal address in India within 48 business Hours (Metros) & 3 days to rest of India. Other options such as bank, wire transfers, or standard mail take too long, are very expensive, or just plain inconvenient.


    2. Through your NRI-NRE Account

    Preferred by most of the Indians, it is a trusted and efficient way to send money to India. You need to open an NRE account in order to use this service.

    You can deposit money in dollars here in USA, and the authorized person back in India can withdraw it in Indian rupees. It takes about a weeks time. This is non-taxable.

    Most of the banks in India provide NRI/NRE account facilities. Few of them provide online services.

    Banks providing money transfer through NRI accounts: SBI, CITIBANK, HDFC, ICICI.

    Since most of the above banks also provides Internet Transfer. This is the most preferred method for NRI's to Transfer Money.


    3. Bank Draft in Indian Rupees

    Most Indian Banks having offices in US have the facility for Bank draft made in Indian rupees, which can be encashed instantly in India.

    Tips
    • In case of Internet Transfers, Exchange Rate offered and the Transaction Fee charged should be considered while choosing a provider.
    • All aforementioned have different ways of operations, time limit and criteria. Choose and decide the best suitable service for you.
    • If it is a Money order/Draft make a copy of it and keep safely, till it reaches to the destination.
    • Always get proper receipts of whatever media you choose for money transfer.
    • Follow up with the bank or agency, in case of any delay.