Frequently Asked Questions

Money transfer questions

What is best way to send money to India?

Best way to send money to India is through remittance brokers like Placid, Transfast etc. Make sure to shop for company giving you the best value not just best rate. Some companies give you highest possible rate but charge higher fees. So make sure to look for the one giving you best value.

Can I send money to be received in cash?

Yes. If money is transferred using companies supporting cash as payout option. Few examples of companies supporting cash payout options are Xoom, Azimo and World Remit.

How much money can be transferred from US to India?

There is no limit on money one can transfer to India given they can prove money is acquired through legit means and all taxes are paid. Even though there is no legal limit every money transfer company have imposed daily and monthly transfer limits. These limits vary from company to company.

Do you benefit from sending money with XE Money during Covid-19 pandemic?

The deadly Coronavirus has put a stop to many important activities. However, the need to transfer money during such hard times is recorded to be at its highest peak. According to experts, Covid-19 can easily spread through coming into contact with the virus. Handling cash money at this period is a risky move and that is why XE Money and other online money transfer services are the most preferred mode of cash transfer or payment.

You can still enjoy convenience when sending money to any part of the world with XE Money for free amidst the corona pandemic. Know how Corona Virus impacts exchange rates with XE Money by visiting their blog page.

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