Before you make an international money transfer to India, you need to find the company that offers you the best transfer deal. To do this, think about:

  • How much to transfer: Some companies offer better deals for larger transfers.

  • Exchange rates: The higher the rate the more you can transfer for your money.

  • Transfer fees: Most are free, but some companies charge up to 12 per transfer.

You have to get a quote from each company to find out the exchange rate they will offer for your transfer. Compare each quote to find the cheapest transfer deal.

How can you transfer your money?

You need to open an account with a travel money company online before you can send money to India.

To verify your account you will need to give proof of your identity, for example, give your passport or UK driving licence number.

Once your account is open, you can choose between the following transfer methods:

  • Online transfer

  • Transfer over the phone

  • Transfer at a branch, through an agent

Use this comparison to find a company that lets you transfer money abroad in the method that suits you.

How long does a transfer take?

Ask each company how long it takes for them to transfer your money to an account in India.

International money transfers are faster than using your bank, and are commonly used for sending larger amounts of money, such as for a house purchase.

If you need your money transferred quickly, most companies offer a next day service, however they may charge you extra for this.

Money transfer to India FAQs


How long does an international money transfer to India take?


Most take three to five working days, although they can take up to two weeks. Check with the transfer company before you send your money.


Can I transfer money to India through my bank?


Yes, most banks offer a transfer service, but it is usually more expensive than using the companies in this comparison. Find out more here.


Can I agree an exchange rate now and send my money later?


Some transfer companies let you do this, also known as a forward contract transfer. Find out more here.


Why do transfer companies offer different exchange rates?


They deduct their costs from the interbank rate (the rate banks use to exchange currencies with one another) to give you a personalised rate.


Can I transfer money to an account in another name?


Some transfer companies only let you send money to an account in your own name. Check this before sending your money to avoid any delays.


Are money transfers FCA regulated?


Yes, your money is kept separate to a transfer company's operational money, meaning you have a better chance of getting your money back if they go bust.