How to Send Money to India
Many Indians living in the U.S. send money back to family in India. What are the easiest and safest ways to do that?
There are a variety of different ways to send money to your family. Each service varies in the cost, security and amount of time it takes to transfer money to India.
On-line services such as ATM cash allow money to be transferred almost instantly.
These kinds of services are ideal when you need to get money to India as soon as possible.
Another way to guarantee a quick transfer of money to India is ensuring the recipient has an ATM or debit card. If the recipient is someone trusted, it's often useful for them to have a bank card linked to your checking or savings account.
The recipient would have a card and PIN number in order to access the money in your account through an ATM machine.
If you would like the recipient to have a card linked to your account but do not want them to have unlimited access to the funds, then a pre-paid debit card is another alternative. The debit card works just like an ATM card except that the recipient will not have access to the money until you have re-filled the debit card.
Another way to ensure easier transfers or withdrawals is by opening an account with a bank that has branches in both the U.S. and India.
These are just some of the ways in which you can send money home to family in India.
There are a variety of different ways to send money to your family. Each service varies in the cost, security and amount of time it takes to transfer money to India.
On-line services such as ATM cash allow money to be transferred almost instantly.
These kinds of services are ideal when you need to get money to India as soon as possible.
Another way to guarantee a quick transfer of money to India is ensuring the recipient has an ATM or debit card. If the recipient is someone trusted, it's often useful for them to have a bank card linked to your checking or savings account.
The recipient would have a card and PIN number in order to access the money in your account through an ATM machine.
If you would like the recipient to have a card linked to your account but do not want them to have unlimited access to the funds, then a pre-paid debit card is another alternative. The debit card works just like an ATM card except that the recipient will not have access to the money until you have re-filled the debit card.
Another way to ensure easier transfers or withdrawals is by opening an account with a bank that has branches in both the U.S. and India.
These are just some of the ways in which you can send money home to family in India.
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