Send Money to India Online: 5 Common Questions Answered for Indians Working Abroad


For money-related matters, be it an investment or international fund transfer, it is essential to be as clear about what you are getting into as possible. Five common questions that people new to international remittance generally have are answered in this post.

An increasing number of Indians are moving to a foreign country in search of professional opportunities, with their family living back in India. For such Indians working abroad, international money transfer becomes a regular affair. But for someone who has recently moved to a foreign country, understanding the whole remittance process can be challenging.

Some of the most common questions that people who’ve recently moved abroad have regarding international remittance are answered below-

1. Can I send money to India online?

Yes, while offline transfers through money transfer agents were the go-to option in the past, most NRIs now prefer online transfers. Online remittance is popular for its security, speed, and cost-efficiency.

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But ensure that you select a reputed money transfer service to experience these benefits. A reputed Indian bank can be a reliable choice for online fund transfers.

2. How can I send funds to my family in India online?

While the steps can vary between service providers, you will mostly be first required to register an online account. Registration will involve identity verification. After successful registration, you will be provided a username and password to log into the money transfer account. The password can be changed as per your preference.

After logging into the account, the sender needs to register his/her beneficiary. Beneficiary registration is a one-time process that is to be followed only for the first time the funds are being sent to any individual. Once the beneficiary is registered, the sender can start sending money to India.

3. How can I check the currency exchange rate?

One of the most important considerations when sending funds to India is the currency exchange rate. The exchange rate changes 24×7 as per the fluctuations in the forex markets. Thus, make sure that you check the exchange rate before confirming a transfer.

Reputed service providers are very transparent about the exchange rates. You can check the same at the time of making the transfer. Some of them also provide an exchange rate calculator to help you confirm the actual amount your beneficiary will receive in India.

4. What is the duration of online transfers to India?

Transfer duration can vary based on several factors, including the country from where you are sending money, the service provider selected, beneficiary bank, etc. Top Indian banks that offer online international remittance services are known to be faster than other online service providers.

Reputed banks have a vast banking network, not just in India but across the world. So, your money transfer from a foreign country to India can take a few hours to 1-2 days. Also, if you are using the services of an Indian bank in which your beneficiary has an account, the transfer can be processed faster.

5. What can I do if my beneficiary has not received the funds?

While online transfers are known to be highly reliable, technological roadblocks can sometimes delay the transfer. In such cases, you can get in touch with the support team of the remittance service provider.

This is another reason why you should consider a reliable Indian bank for online remittance. Banks offer world-class support with enhanced security to ensure complete peace of mind every time you send money to India online.

Experience Utmost Convenience and Security with Online Remittance to India

Online remittance offers a host of advantages over offline transfers. But it is necessary to first thoroughly understand the entire remittance process before proceeding with a transfer to avoid confusion and errors.

Select a reputed Indian bank for your transfers for complete convenience, security, and cost-efficiency. You can always contact the support executives of the bank in case of any queries or to know more about their services.

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