How to send money to India
With a population of over 1.3 billion people, India is a thriving hub with a diverse workforce powering the global economy. Around 20 million Indians work abroad around the world, and money sent home is an important resource for many Indian families. Indian expats need fast, secure and cheap global money transfer services to make sure their loved ones receive as much money as possible.
How can I send money to India?
There are many ways to make a money transfer to India, and services come at various speeds and prices. High street banks and remittance outlets are convenient for some, but can be expensive, meaning that less money is received in India when the transfer is made. On top of this, you will probably have to queue up in store, which will slow the whole process down. Online and in-app money transfers to India are faster and more convenient for both the sender and the recipient.
Paysend offers a new, alternative way to send money to India from the UK or any other destination. Using the simple and secure Paysend app, users can easily send money to their loved ones in India. Paysend has over 1.4 million users, and India is one of the top destinations for money transfers on the Paysend platform. With Paysend, you can send money directly to any Indian bank account.
How much does it cost to send money to India?
Whereas many money transfer services charge large fees or take a percentage of the amount sent, it’s absolutely free to send money to bank accounts in India, no matter how much you want to send. So if you want to transfer money from the UK to India, it will never cost you a single penny to send it via Paysend.
How much will my recipient receive?
Paysend uses the mid-market exchange rate, and along with our low fees, this means that we provide some of the cheapest money transfers to India. You can find out exactly how much your recipient in India will receive on our website.
How long does it take to transfer money to India?
Most of our transfers arrive in India within a few seconds of being sent. The time it takes depends on your recipient’s bank’s processing times. In very extreme cases it can take up to three days. Download the Paysend app now to start sending money cheaply and quickly to India.
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Here's the short answer: yes, you can use a credit card to get money into someone's bank account abroad. "Credit card to bank transfer" means exactly that — you fund the transfer with your credit card, and your recipient receives it in their bank account. Or on their card, in their wallet, or as cash to collect, depending on where they are.
The card and the bank account do different jobs. Your card pays for the transfer. A provider like Paysend then pays the money out through local systems on the other end. It's one flow, and it takes about a minute in the app.
One thing worth knowing before you start: a credit card is usually the most expensive way to fund a transfer. Some issuers treat it as a cash advance, and credit tends to carry higher payment fees than debit. You'll always see the full cost, exchange rate included, before you confirm anything. What follows is: the ways your money can arrive, what each one costs, how fast it gets there, and the cheaper routes worth checking first.
每个月，数以千计在捷克工作的人都会把部分工资寄回家——其中许多是支持着边境另一边家人的乌克兰人。而传统方式让本应简单的事情变得更复杂：银行汇款需要 IBAN 和 SWIFT 代码，手续费往往在钱汇出后才显现，还要等上好几天，而家里的人正等着这笔钱应急。
多年来，Pavel Štich 一直在帮助他的读者解决这个问题。他是 Moneyo.cz 的联合创始人兼财经主编——这是一个独立的捷克平台，专门比较汇款服务、股票经纪商和另类投资；同时他也是 Paysend 大使，这意味着他会亲自试用自己推荐的一切，用通俗易懂的方式讲解，并为读者带来专属福利。我们请他谈了谈 Moneyo 是如何诞生的、谁在阅读它，以及他为什么选择了 Paysend。
