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Remit2India Review- Remit Money to India 2024
Remit2India Review by Exchange Rate IQ
Overall rating
8.5
/10
Can you trust Remit2India? Is it safe? How much the company charges for completing the transaction? How to send money to India with Remit2India? So we have found all the questions people looking for and provided an unbiased as well as an independent review on them. Here, you will find the answers many of your questions related to Remit2India, which is a major money transfer company available for NRIs.
Remit2India is an Indian company providing its remittance services in approximately 24 countries to India. The company provides personal as well as business transfers helping millions of NRIs by offering easy, fast and secure services. This is one of the cheapest ways to send money to India. Some of the benefits of using the services are:
- 24*7 customer assistance
- No hidden fee
- Highly secured
Review of Remit2India :
Launched in the year 2001, Remit2India has its headquarters located in Mumbai, India. The company is supporting 10 currencies and transfers from 24 countries to India through various options including bank transfers, ACH transfers, wire transfers, net banking, etc. One can send minimum up to USD $50 with a maximum limit of USD $50,000.
The company offers various transfer services including:
- Sending money to buy property
- Payment of mortgages
- Money transfers to any bank in India
These services can be used only by the Non-Resident Indians or the persons from Indian origin who are not living in India. The company does not offer spot transfers, forward contracts or third-party transfers. It has a fixed flat fee and exchange rates change as per the market prices all day.
The company is providing high security to the users similar to the banks. It is also offering 24*7 customer assistance so that one can contact them anytime regarding transfer queries.
So, on an overall basis, we rate it 8.5 out of 10.
Pricing : How much does Remit2India cost?
8
/10
Remit2India Transfer Fee
Fees of transferring funds vary depending on the currency being sent to India.
- If you transfer funds from Australia in AUD, then the transfers are absolutely FREE.
- If you transfer funds in USD, then transfers cost up to 99.
- The CAD transfers cost at least CAD 4.99 or 0.95% of the transfer amount
- Transfers from the UK are also absolutely FREE.
- While if you are making the transfer in EUR, then it may charge at least EUR 2.99 or 0.60% of the transferring amount.
Remit2India Exchange Rate
Remit2India transfer rate is highly competitive and keeps changing according to the market whole day. However, the rates get locked once you start the transaction if you choose the guaranteed rate, but if you choose an indicative rate, then it may change in between the transaction and different amount will reach to the recipient.
Any Other Fee
The company might charge service tax depending on the country and its tax policy from where you are sending the funds. You will get the details of all the fees charged by the company on the transaction page.
Remit2India offers free transfers from many countries and the minimum fee is also charged depending on the amount you are transferring. If you transfer a higher amount, then the fee will be less. So, we rate it 8 out of 10.
Transparency: Does Remit2India have any hidden fees?
9
/10
Remit2India Hidden Fee
The company does not charge any hidden fees between the transfers. The total amount received by the recipient will be the same as shown on the transaction page if you have chosen the guaranteed transfer rate.
Remit2India Status Tracker
The company has provided an easy procedure of tracking the transfer which you can check on its “Track Your Transfer” page. Track your transfer from Remit2India here where you have to enter your reference number and registered email ID.
The company has been providing the best transaction tracking procedure as well as have no hidden fees, therefore, we rate it 9 out of 10 under transparency head.
Transfer Speed: How long does it take to send money through Remit2India?
8/10
There are different payment routes available to transfer funds through Remit2India and the length of time to reach funds to the beneficiary can vary. It might take 3-5 working days when you transfer the funds from the bank account to the bank account.
- In the Net Banking Express Transfer - instant for amounts under INR 100,000, or same day for larger sums
- Net Banking Guaranteed Transfer - same day if received before 15:00 AEST
- Net Banking Indicative Rate - 1 working day
- Wire Transfer - 1 working day
- Credit and debit card transfers – 1 working day
So, it has given various options to transfer funds if there is an emergency, which will attract more fees. While if you just need to transfer funds to the family or friends, then it will take less fee but will reach in a few days. So, we rate it 8 out of 10 for its transfer speed.
Coverage: How many Countries & Currencies does Remit2India support?
7/10
Remit2India Supported Countries
The company offers NRI to transfer funds from 24 countries to India. These countries are:
| UK | US | Australia | Singapore | Canada | Germany |
| Austria | Belgium | Cyprus | Finland | France | Greece |
| Hong Kong | Ireland | Italy | Japan | Luxembourg | Malta |
| Netherlands | Portugal | Slovakia | Spain | UAE | New Zealand |
So, you can send the funds through ACH and wire transfers from the USA and do card transfers from the UK. From other countries, you can transfer the funds through net banking or any other online method.
So, for its coverage, we rate Remit2India 7 out of 10, because it is not offering bank transfers, which is the easiest mode to transfer funds. So, for using the services of Remit2India login here.
Remit2India Promo Codes & Offers
United States to All Countries
Get 30 paisa better rate + Zero fees on sending $1000 & above to India
United Kingdom to All Countries
20 paisa better exchange rate
Australia to All Countries
Get extra 30 paisa rate on first transaction using code EXTRA30
United States to India
180 Paise extra/dollar on 1st transfer
Australia to India
150 Paise extra/dollar on 1st transfer
Canada to India
150 Paise extra/dollar on 1st transfer
United Kingdom to India
Rs. 2 extra/pound on 1st transfer
Ireland to India
Rs. 2 extra/euro on 1st transfer
Remit2India Transfer Process
Step-By-Step Guide to transfer funds with Remit2India
Go to the Remit2India website.
Select the country you want to send money.
You will be redirected to a new page.
Here you will see the exchange rate which company is offering to the users.
Here you need to login or sign up if you are a first time user.
Enter all the details as asked by the company for registering yourself.
Enter the amount you want to send.
Enter the details of the recipient.
Recheck all the details and send the funds.
User experience of Remit2India
7/10
Remit2India is a highly user-oriented website which provides exchange rate and fee details just in few clicks. The company offers transfer to India from 24 countries across the world. Some of the positive and negative aspects of the company are:
Positive:
- Competitive exchange rates
- Instant transfers available
Negative:
- Limited service
- Lower maximum transfer limit
Remit2India Customer Support:
Remit2India Contact Number: 1-888-736-4886
You can also request a call back from Remit2India customer assistance team here.
Remit2India App:
The company is offering both Android and iOS apps which you can download here.
Remit2India Refer a Friend
The company provides a unique link to share it with friends and ask them to join its services. If they register using your link, then your money on referral (MOR) account will be credited by INR 500. On making the first transaction, your MOR account will be credited by INR 2,000 and INR 500 will be credited in your friend’s account.
Remit2India Promo Code
The company provides promo codes time to time to its users by notifications, email or SMS. Users can use these promo codes to get a discount on the transfer fee.
The company also provides online FAQs on its website for the general customer queries. So, for the overall user experience, we rate it 7 out of 10. For starting the services of Remit2India sign up here.
Security : Is Remit2India Safe?
9/10
The company is highly secured by various authorities in different countries and regulated by the government in all the states of the US.
- The website of Remit2India is certified by Norton Secured, which is one of the most trusted security companies in the world.
- In Canada and Australia, the company is regulated by Unimoni, which is another money transferring service provider.
So, the company is using enough steps for securing the personal details of its clients and therefore, we rate it 9 out of 10.
Transfer Type And Modes
Pay In Options
| Bank |
| Credit Card |
| Debit Card |
Pay Out Options
| Bank |
Service Mode
|
|
Exchange Rate Type
| Fixed |
| Indicative |
Remit2India FAQ's
Who can use the services of Remit2India?
Only Non-Resident Indians, persons from Indian origin can access and use the services of Remit2India from 24 countries.
Which currencies are supported by Remit2India?
Remit2India support the US dollar, Australian dollars, Canadian dollars, British pounds, Japanese yen, Singapore dollars, Euros, UAE Dirham, New Zealand dollars and Hong Kong dollars.
How can I check the transaction details on Remit2India?
Company provides you the details of transaction through email and SMS at every stage. Besides this, you can also track the transaction on your dashboard using Remittance Transaction Reference Number (RTRN).
Alternatives to Remit2India
Remit2India User Reviews and Ratings
Unable to login to account or contact…
Unable to login to account or contact customer care. No reply to emails and the telephone number doesn’t work. No customer care available?!
Cheating company
I transferred some money to NRE account in India o the 28.9.22.then I received a mail from remit2india on the 3rd of October saying my transaction has been cancelled.no explanation why it’s cancelled.sent so many mails and no reply.no number to contact them.hasn’t got my refund either.this is a cheating company.I think I lost my money.please no one should trust them …
Possibly lost my money to remit2india
I have been using remit2india for quite a long time and have done several transactions with them. Apart from once or twice, the transactions were never delayed, and when they were - they correspondence was quick too. So was generally happy with them, until I did my transaction last week. I used same bank account, same remit2india profile to transfer to my same Indian account and this time they say that the bank account name does not match with my remit2india profile name? That is just impossible, because both names are exactly same. I also sent them the bank statement showing the transaction, plus my bank account name which matches to my remit2india profile name. Then I must have send at least 15 emails to info at remit2india dot com and I have not received reply to even a single email. To add to this misery of ignoring customers' emails, they don't have any telephone number I can call to either! I hope somebody from remit2india sees this message and contacts me. Otherwise, good luck to them! and I have lost my money... the RTRN is 2597983032
My money still hasnt rechead my account
My money still hasnt rechead my account
Compare Remit2India With Other Money Transfer Companies
Remit2India Company & Contact Info
| Address:- | Unimoni Pty Ltd., Suite 1, Level 4, 1 Wentworth Street, Parramatta, NSW 2150 |
| Email:- | [email protected] |
| Phone:- | 1-800-859-876 |
| Social Links:- |
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