Editorial review of QuickRemit

There is an array of money remittance services which offers fast and secure transfer options, but it depends on the customer whose services he/she prefers the most. So, we bring you the details of all the companies and let you choose which fits you the best. Here we will discuss QuickRemit, a service of HDFC Bank which offers money remittance from Australia and Singapore to India.

HDFC Bank’s Quickremit is an online money remittance service provider for the NRIs living in Singapore and Australia. It is about to start its services in Canada & USA also soon. The company offers quick account credit to all the banks in India. Its goal is to provide the best foreign exchange services without compromising on the security and agility of the service. Some of the benefits of using the services of Quick remit payment to India are:

• Highly secured
• Quick, easy, and convenient transfer
• Transfer to any bank account
• Round the clock customer assistance

Quick Remit Transfer Fee

There is no transfer fee after a limit, but if you transfer below the limit you have to pay a flat fee. The fee charged by Quickremit are:

HDFC Quick Remit Singapore to India Fee

250- 999 SGD : 4 SGD

1000-30000 SGD : 0 SGD

HDFC Quick Remit Australia to India Fee

250-999 AUD : 5 AUD

1000-10000 AUD : 0 AUD

Quick Remit Rates

If you are remitting funds to India, then Quick remit exchange rates are highly attractive both from Australia as well as Singapore. They keep changing the rates as per the live market rates and there is a minimum difference between the live prices and the rates offered by Quickremit. They locked the exchange rates at the time of conversion and even these rates are much better than those offered by the banks.

The company is not one of the cheapest options but offers better rates than many other competitors. Therefore, we rate it 8 out of 10 under pricing head.

HDFC Quickremit Hidden Fee

The company does not charge any hidden fees from its clients. The fee that has been shown to the sender on the transaction page will be charged in the INR value.

HDFC Quick Remit Tracking Details

The company provides 10-digit Remitter Transaction Reference Number (RTRN) with every transfer through email. You can track your transaction using this number after logging in the account under “Status Tracker” head.

As per the experts of Exchange Rate IQ, the company has been offering best and highly transparent services. Therefore, we rate it 10 out of 10 for its transparency.

The company offers fast transfers within 1 working day depending on the day you are sending money. If you are sending money on any public holiday including Saturday, Sunday or any other bank holiday, then it might take longer time.

Quick remit to India does not offer instant transfers as many of its customers and one has to wait for at least 1 day, therefore, we rate it 7 out of 10.

Every now and then, we heard a new report regarding the online security hack and cyber attacks which affect the security of people. Therefore, it is very much important to know if the transactions you are performing online are safe or not. So, if you are transferring funds through HDFC Quickremit, then you need not to worry about any threat because the company is highly secured.

The web browser of the company is developed with 128-bit secure socket layer (SSL) connection.

The company is digitally certified by Norton Secured.

So, the company is highly secured and even unable the account after a few failed attempts of login. Therefore, we rate it 9 out of 10 for security.

Quick remit to India HDFC is a highly responsive website. It is also providing the exchange rate calculator which shows the exchange rate just by entering the amount you want to send. Get Quick remit rate calculator here. Some of the positive and negative aspects of the company are:

Positive:

• Transfer funds to any bank account in India
• Direct credit funds to the beneficiary account

Negative:

• No mobile apps
• Limited payment and delivery options

With QuickRemit, one can transfer funds only through bank account. There is no other way of payment or cash pickup option.

QuickRemit Customer Support:

The company is offering 24*7 customer services over call and email

Quick Remit Customer Care Number: 1 877 5584257

Quick Remit Customer Care Email: quickremit@timesofmoney.com

Quick Remit Apps:

The company is not offering its mobile apps which is a major drawback.

HDFC Quick Remit Promo Code

The company offers various promo codes to the users through email and SMS. This will help them to transfer funds at discounted prices.

Quickremit has a vast area where it can grow and develop its services. The company is not offering business and charitable transfers. At the same time, it is available only in Australia and Singapore, and therefore, we rate the user experience 7 out of 10. For start using the services of Quickremit sign up here.

Quickremit only offers transfers only to India from Australia and Singapore. So the people who reside in any other part of the world cannot use its services. In India, the company credit the amount remitted to any of the bank account irrespective of the city or area. 

It has been providing services at most of the HDFC branches across India, and when it comes to bank transfer, it also offers the transfer to any bank, but it has been offering transfers only from Australia and Singapore. Therefore, we rate it 7 out of 10 for its coverage. So, if you want to use the services of HDFC Quick Remit login here.