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Review: Money2India money transfers to India

Shirley Liu

Last updated: 21 June 2019

Send money to India and pay no fees when you transfer more than 65,000 INR.

If you’re looking for a convenient, affordable way to send money from the US to India, ICICI Bank offers the secure Money2India.

Min. Transfer Amount

No limit

Max. Transfer Amount

1 - 2 days

Transfer Speed

Product Name	Money2India
Min. Transfer Amount	$0
Max. Transfer Amount	No limit
Transfer Methods	Online, Phone, Bank Account to Bank Account
Transfer Options	Regular payments
Transfer Speed Minimum transfer time	1 - 2 days
Customer Service	Phone, Email
Available Currencies	AED, AUD, CAD, CHF, GBP, HKD, SEK, SGD, USD

Exchange Rate Updates	Daily

Shirley Liu

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

How much does Money2India cost?

Money2India’s fee structure is straightforward: a low $3 fee for transfers of up to 65,000 INR (about $975) and no fee for higher amounts. Keep in mind that in accordance with India’s Finance Act, a Conversion Service Tax will apply to your transfer — from about 50 cents to about $15 combined with a maximum equivalent of 0.0145% of your total for the largest transfers

How are Money2India’s exchange rates?

Money2India offers competitive exchange rates it updates regularly to reflect the changing market. It also confirms its exchange rates with the Fixed Rupee transfer option, providing you with the security of knowing your exact rate before you send funds. Use Money2India’s online Exchange Rate Calculator to see the current exchange rate.

How does Money2India compare to other services?

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
USD 0	1 - 2 days	USD 1.99	0.895	EUR 4,474	Quick, affordable transfers around the world. Remitly also has an express option that can transfer your money in minutes for a higher fee. The cheaper option takes several days.	Go to site	Compare	Show details	Details Minimum transfer amount USD 0.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ARS, BDT, BGN, BOB, BRL, CLP, COP, CRC, CZK, DOP, EGP, ETB, EUR, GHS, GTQ, HNL, HRK, HTG, HUF, IDR, INR, JMD, KES, KRW, LKR, MAD, MXN, MYR, NGN, NIO, NPR, PEN, PHP, PKR, PLN, PYG, RON, RWF, THB, TND, TRY, UGX, USD, UYU, VND, XOF, ZAR Go to site Read the full review
USD 1	1 - 2 days	USD 0.00	0.909	EUR 4,544	Offering no maximum and no minimum limit transfers with $0 fees.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, BBD, BGN, BHD, CAD, CHF, CNY, CZK, DKK, EUR, FJD, GBP, GHS, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KWD, LKR, MAD, MUR, MXN, MYR, NGN, NOK, NZD, OMR, PHP, PLN, QAR, RON, RSD, RUB, SEK, SGD, THB, TND, TRY, TTD, TWD, USD, XCD, ZAR Go to site Read the full review
USD 1	1 - 2 days	USD 40.00	0.913	EUR 4,531	Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
EUR 1,000	1 - 2 days	USD 10.00	0.904	EUR 4,513	Use TransferMate to help you send money to almost any country around the world for a small fee.	Go to site	Compare	Show details	Details Minimum transfer amount EUR 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, AZN, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BWP, BZD, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GTQ, GYD, HKD, HNL, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LKR, LSL, MAD, MGA, MKD, MNT, MOP, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SLL, SRD, SZL, THB, TOP, TRY, TTD, TWD, TZS, UGX, USD, UYU, VND, VUV, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review
USD 1	Within an hour	USD 3.99	0.91	EUR 4,544	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
GBP 1,000	1 - 2 days	USD 0.00	0.904	EUR 4,522	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AFN, ALL, AMD, ARS, AUD, AZN, BDT, BGN, BHD, BIF, BMD, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KRW, KWD, KZT, LBP, LKR, LSL, MAD, MDL, MGA, MKD, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SEK, SGD, SLL, THB, TND, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VND, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review
USD 1,000	1 day	USD 0.00	0.904	EUR 4,522	No-maximum limit transfers with competitive exchange rates for 100+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
USD 5,000	1 day	USD 0.00	0.904	EUR 4,522	Venstar will support you through the entire process of your international transactions, from start to finish.	Go to site	Compare	Show details	Details Minimum transfer amount USD 5,000.00 Transfer methods Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, INR, JPY, MXN, NOK, NZD, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
USD 50	1 - 2 days	-	-		Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 50.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies ARS, AUD, BDT, CAD, COP, EUR, GBP, HKD, IDR, INR, KRW, LKR, MXN, MYR, NPR, PEN, PHP, SGD, THB, USD, VND Go to site Read the full review

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What types of transfers can I send with Money2India?

Money2India offers two ways to send cash:

Express e-transfer. Allows for one-hour transfers to ICICI Bank accounts and two-hour transfers to accounts with other Indian banks.
Standard e-transfers. The ACH transfer option guarantees delivery within five business days.
Recurring transfers. If you need to send weekly, monthly or quarterly payments to India, you can also schedule recurring payments.

What are the pros and cons of using Money2India?

Pros

Speedy transfers. Funds can arrive in your recipient’s bank account in as little as an hour, making Money2India one of the fastest transfer services available.
Customer support. The convenience of 24/7 customer support provides peace of mind when you’re sending money across borders.
Mobile app. Money2India offers a mobile app to allow for quick and convenient transfers.
Minimal fees. You’ll pay no transfer fee when sending 65,000 INR (about $975) and a low $3 fee for all other transfers.

Cons

Transfers limited to India. As its name suggests, Money2India sends funds to India only from a handful of countries.

How do I transfer money with Money2India?

Before you can send funds using Money2India, you’ll first need to register for a free Money2India account by providing:

Your country of residence.
Your name and date of birth.
Your address and contact details.

To send your money to accounts at more than 100 Indian banks:

Log in to your Money2India account.
Select the transfer option you’d like to use.
Specify the person and account information you’d like to send to.
Preview the exchange rate and any transfer fees.
Send your transfer.

Bottom line

ICICI Bank’s Money2India service is worth considering if you need to send funds to India. Its low fees and fast transfer speeds can get your money to friends and family in India quickly and safely.

Make sure you compare its benefits to those of other money transfer providers to find the best value for your money.

Frequently asked questions

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Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.

Ask a question Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.

2 Comments

Caroline
May 10, 2017

Why there is a limit that i can send only 20,000$ per week from Australia to India?

Reply
- finder Customer Care
  
  Harold
  July 2, 2017
  
  Hi Caroline,
  
  Thank you for your inquiry.
  
  While we do not represent any company that we feature on our pages, we can offer you a general advice. It may vary depending on the money transfer company. There are companies who doesn’t have limit on transfer. You can find your options here.
  I hope this information has helped.
  
  Cheers,
  Harold
  
  Reply

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Review: Money2India money transfers to India