Best way to Send Money from US to Sri Lanka

Highest remittance rate for converting 1 USD to LKR = 302.22

Send Money from US to Sri Lanka

Explore & compare 4 money transfer services to send money from USA to Sri Lanka. Compare exchange rate and fees for US Dollar to Sri Lanka Rupee. Choose the best remittance service for your fund transfer from USA to Sri Lanka for US Dollar to Sri Lanka Rupee to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

If you are looking for the best way to send money from the USA to Sri Lanka trouble-free, then you are at the right page. Our updated data puts you at an advantage as we have in-depth research on the various money transfer companies. Moreover, apps like XE Money can change the way you transfer money to Sri Lanka from the US to meet those obligations.

Country Guide - Sri Lanka

300.92

Mid Market Rate

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300.92

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 3.99) $ 1003.99
Receiving Amount
₨ 303430
Realized Exchange Rate
302.22
remitly USD to LKR Exchange Rate
303.43
Best Value

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Transfer Time : 1-2 Days
Remitly is a one of the safest & leading money transfer service provider for sending money from USA to Sri Lanka for sending amount 1000. Today’s Remitly exchange rate for sending money from USD to LKR is 303.43 with a $ 3.99 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 302.22. The pay in options available are Bank, also you can receive money using Bank, at multiple Remitly partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Remitly click here
1 More Option Available

You Pay
(Sending Amount + Fee)

Exchange Rate
(remitly / Realized)

Receiving Amount
(Receiving Amount)

$ 1014.99
Pay-In :
303.43 / 298.95
1-2 Days
₨ 303430
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee $ 4.99) $ 1004.99
Receiving Amount
₨ 300917.9
Realized Exchange Rate
299.42
placid USD to LKR Exchange Rate
300.9179
0.93% vs Best Value

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Transfer Time : 3-5 Days
Placid is a one of the safest & leading money transfer service provider for sending money from USA to Sri Lanka for sending amount 1000. Today’s Placid exchange rate for sending money from USD to LKR is 300.9179 with a $ 4.99 fee. Based on the Exchange Rate IQ calculations it offers 0.93% less than the best value for your money transfer. The realized exchange rate after considering the fees is 299.42. The pay in options available are Bank, also you can receive money using Bank, at multiple Placid partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Placid click here
2 More Options Available

You Pay
(Sending Amount + Fee)

Exchange Rate
(placid / Realized)

Receiving Amount
(Receiving Amount)

$ 1024.99
Pay-In :
300.9179 / 293.58
3-5 Days
₨ 300917.9
Pay-Out :
$ 1064.99
Pay-In :
300.9179 / 282.55
3-5 Days
₨ 300917.9
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee $ 5) $ 1000
Receiving Amount
₨ 298798.5
Realized Exchange Rate
297.31
instarem USD to LKR Exchange Rate
300.3
1.62% vs Best Value

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Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from USA to Sri Lanka for sending amount 1000. Today’s Instarem exchange rate for sending money from USD to LKR is 300.3 with a $ 5 fee. Based on the Exchange Rate IQ calculations it offers 1.62% less than the best value for your money transfer. The realized exchange rate after considering the fees is 297.31. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 9.7) $ 1000
Receiving Amount
₨ 297193.9815
Realized Exchange Rate
294.34
transferwise USD to LKR Exchange Rate
300.105
2.61% vs Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from USA to Sri Lanka for sending amount 1000. Today’s Transferwise exchange rate for sending money from USD to LKR is 300.105 with a $ 9.7 fee. Based on the Exchange Rate IQ calculations it offers 2.61% less than the best value for your money transfer. The realized exchange rate after considering the fees is 294.34. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

USD to LKR - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to Sri Lanka after comparison?
  • With our real-time comparison on sending money from USA to Sri Lanka ,
      we have found Remitly remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Remitly, 302.22 ) ( Placid, 299.42 ) ( Instarem, 297.31 ) .
  • To remit money in the bank account of Sri Lanka, best companies is ( Remitly, 302.22 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from USA to Sri Lanka with agent service is Remitly with exchange rate 302.22.
  • Available pay in when sending money from USA to Sri Lanka Bank, Creditcard, Debitcard.
  • Available pay out when sending money from USA to Sri Lanka Bank.
  • Other options to transfer money from USA to Sri Lanka are Ria, Travelex, Westernunion .
  • The comparison result was last updated on Mar 28, 2024.
  • For the latest comparison result of USA to Sri Lanka, Please visit ExchangeRate IQ regularly.

About Sri -Lanka and the USA

Current statistics have it at 3 million as the population of Sri Lankan immigrants living or working outside their country. As the numbers increase, so is the transfer of money to Sri Lanka. For example, research by Pew Research Center states in 2017, a whopping $7,190 million was the total amount transferred to Sri Lanka.

Below is a well-researched comparison of these money transfer services that you can use to send money to Sri-Lanka from the USA.

Top picks for sending money to Sri Lanka from US

Transferwise

The best way to send money from the USA to Sri Lanka is Transferwise. It offers the perfect balance between cost, usability, and speed. The simplicity and convenience Transferwise also comes with overshadows to take one or two days for the transfer to be completed. You can experience exceptional value and ease of service by sending money to Sri Lanka from the USA through Transferwise.

Steps to Transfer money to Sri Lanka from US through Transferwise:

  1. Visit their website and create an account
  2. Give your and recipient’s account details
  3. Be specific in how much money sending to Sri Lanka
  4. Pay necessary charges, and that's it.
  5. Tap on how much, and where to

Remitly

Among the best ways to send money to Sri Lanka from the USA, Remitly not only offers peace of mind for you, but the recipient receives the transferred money within the day. For matters that can wait a few hours, this option guarantees that.

How to send money to Sri Lanka with Remitly

  1. Visit the Remitly website and create an account
  2. Pick your delivery partner
  3. Enter the details of your recipient
  4. Enter the payment information as required
  5. Track your transfer from either your email or text updates for you and your recipient

Xoom

The fastest way to send money from the USA to Sri-Lanka would be through the Paypal services offered under Xoom. It is not only fast but also provides more convenience from the app. Once you pick up a convenient cash pickup point throughout Sri Lanka, your money is typically available in minutes.

Ensure you have a PayPal account for the services to work.

Ria Money

When looking for an ideal balance between cost and speed, Ria money is the way to go when transferring money from USA to Sri-Lanka. This service delivers your money in a matter of minutes. While it might not be very comfortable to use for first-timers, with a visit to their website, the instructions should make it easy to understand.

The mobile application has convenience covered with a touch of a button in your hands.

In-Store Money Transfers

These third-party money transfer services include Western Union and MoneyGram. Through their agency networks, your loved ones in Sri Lanka will receive the money sent in addition to the online transfer option they offer.

For as low as just 4 dollars, your family will receive the money sent conveniently and fast directly to their bank account or an agent location within their vicinity. 

Steps to transfer money from USA to Sri Lanka using Ria Money; 

  1. Sign up for an online account on the website 
  2. Choose the payout method, 
  3. Input the recipient information and indicate how much you intend to pay for the transfer. 

What to have in when sending money to Sri -Lanka

Money Regime

Sri Lanka has a skimming cash system where the market forces control the estimations of the Sri Lankan rupee. In any case, contingent upon the turn of macroeconomic occasions, the legislature comes in to stabilize. Such mediations may influence the estimation of the sums you transfer. 

General Tax

Transfers up to $10,000 from Sri Lankan living abroad isn't viewed as taxable pay. In any case, any returns from these transfers in Sri Lanka get taxed at the individual or corporate rate dependent upon the start of the business. 

Non-Resident Foreign Currency (NRFC) Accounts

This record office is focused at Sri Lankans in the diaspora to assist them with overseeing low-interest rates and runaway inflation. 

FAQ's

How do I send money from the US to Sri Lanka conveniently?

Online money transfer services offer the fastest way to send money from US to Sri-Lanka. Additionally, you can complete the transaction from your phone or computer and takes a short time to sign up. If you don’t trust the internet then you can consider options.

Discuss this question

Is there a limit to how much you can send to Sri-Lanka from US

That entirely depends on the international money transfer service you choose to work with. Some don’t have limits like XE Money while others only allow you to maintain your transaction within some set limits. You need to confirm this before selecting your transfer company or you can be disappointed.

Discuss this question

How many times can I send money to Sri-Lanka to US in a day?

You can send money across the Sri-Lanka border from US as many times as you wish provided you follow the right protocol and you are not involved in any illegal trade. You will however want to find out if your service provider has limits for the number of transactions you can make in a day. Good news is, you can quickly shift to another service provider if you reach a maximum limit and still need to remit.

Discuss this question

Historical Mid Market Exchange Rate From US Dollar (USD) to Sri Lanka Rupee (LKR) (Weekly)

Current Exchange Rate(Mid Market) :- 300.92 LKR/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To LKR

Send US Dollar To SRI-LANKA Receive Sri Lanka Rupee
1 USD TO LKR 300.92
50 USD TO LKR 15046
100 USD TO LKR 30092
250 USD TO LKR 75230
500 USD TO LKR 150460
1000 USD TO LKR 300920
5000 USD TO LKR 1504600
10000 USD TO LKR 3009200
Send Sri Lanka Rupee Receive US Dollar From SRI-LANKA
1 LKR FROM USD --
50 LKR FROM USD --
100 LKR FROM USD --
250 LKR FROM USD --
500 LKR FROM USD --
1000 LKR FROM USD --
5000 LKR FROM USD --
10000 LKR FROM USD --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to LKR

Company Name Live Exchange Rate
XE Money Transfer ₨ 300.92
Remitly ₨ 303.43
Placid ₨ 300.92
Instarem ₨ 300.3
Transferwise ₨ 300.11
USD

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