7 luglio 2020
How to send money from the UK to India with no transfer fee
‘The UK has a large Indian diaspora, estimated to be almost 1.5 million strong. The Indian diaspora has made valuable contributions in the areas of academia, literature, arts, medicines, science, sports, industry, business and politics, among others. The diaspora’s many contributions in these diverse spheres are widely acknowledged and appreciated.’ Mrs Ruchi Ghanashyam, High Commissioner of India to the United Kingdom
Indians living in the UK send huge amounts of money to friends and family in India, which is a vital source of income for Indian communities. In 2018, a huge £3 billion was sent from the UK to India!
Western Union, Transferwise, Remitly, Xoom… There are lots of online money transfer services available to transfer money from the UK to India, so how do you know which to use?
What’s the cheapest money transfer to India from the UK?
There are lots of factors to consider when trying to work out what’s the cheapest way to send money to India from the UK.
- Exchange rates
- Transfer fees
- Additional charges (which might be hidden!)
Before you choose a money transfer service to send money from the UK to India you should take a look at some reviews. These reviews will help you to understand which money transfer service can save you money compared to others.
Take a look at Paysend’s Trustpilot page, featuring over 11,000 reviews.
Transfer money from the UK to India with zero transfer fees
Paysend is a money transfer service which lets users send money to bank accounts in India from the UK with zero transfer fees. Yes, you read that correctly! Zero transfer fees!
All you need to send money with Paysend to India is your recipient’s bank details and access to a smartphone, tablet or computer.
You can check out a review of Paysend from online magazine Qrius here.
So what are you waiting for? Head to the App Store or Google Play to download the Paysend app, or head to our homepage to find out how much your recipient will receive with our live exchange rate.