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SBNRI compares options offering money transfers from Ajman to India.
If you would like the recipient of your transfer to receive Indian rupees in her bank account in India, then OFX is currently the cheapest provider with the lowest transfer fees and a competitive AED-INR conversion rate.
Cash is the more convenient option for you? We list 4 money transfer companies able to send Indian rupees for cash pick-up in India: OFX currently most competitive provider with no transfer fees and a very competitive AED-INR conversion rate.
This recommendation was updated a few minutes ago.
Can I transfer money from UAE to India savings account?
RemitMoney is an online money transfer website of Axis Bank, which enables NRIs from UAE to send money to India. The transfer process is extremely simple & fast! Click here For'send money to India through RemitMoney'. to send money to India through RemitMoney.
Do I have to pay tax on money transferred from overseas to India?
India has decided not to tax remittances sent home, as a new Bill taxing money leaving the country came into effect. ... While the tax on foreign tour packages will be 5% for any amount, for other foreign remittances the tax will kick in only for the amount spent above ₹7 lakh.
Can NRI transfer money to resident Indian account?
You cannot transfer money to a NRE account from a savings account in India. However, you can transfer money from NRO to NRE account. You can also transfer money from one NRE account to another.
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To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.