What is the cheapest way to transfer money from India to the US? [modified]
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Do you know how much it costs? A rough estimate will do.
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Use www.moneybookers.com. Its the cheapest way.
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I have to pay my cousin in the US a substantial amount of money. What is the cheapest option? Time is not of great importance here; it's OK if it takes a week or so. This is a one-time payment. Anybody who says Give it to me; I'll deliver it to him will get smacked :-D [EDIT]Thanks for the responses, everybody. :) I spoke to my bank and they said I can get a "Dollar Demand Draft" for upto Rs. 1,00,000 by paying a surcharge as little as Rs. 300. :cool: They also said my cousin won't be docked anything when he tries to encash it. :~ New questions: 1. Anybody in the US received this Dollar DD? 2. Is my bank right in saying my cousin won't be docked anything? Other payment suggestions are welcome, though I think this is very cool. [/EDIT] -- modified at 3:12 Tuesday 5th June, 2007
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Vikram A Punathambekar wrote:
What is the cheapest way to transfer money from India to the US?
Stop outsourcing jobs to India.
"Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass..." - Dale Earnhardt, 1997
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"...the staggering layers of obscenity in your statement make it a work of art on so many levels." - Jason Jystad, 10/26/2001 -
Hey vikram, the better way is if you have an Account in ICICI Bank you can transfer money to any part of the world. I think by means of ICICI you can transfe the funds in a day or two.
Regards, Satips.:rose:
I've heard lots of bad things about them. People are not happy with them. From the comments I've read they are the most incompetent bank in the world. Not the way to complain about a bank[^] Trying to improve a tarnished reputation[^]
Upcoming events: * Glasgow: SQL Server 2005 - XML and XML Query Plans, Mock Objects, SQL Server Reporting Services... * Reading: Developer Day 5 Never write for other people. Write for yourself, because you have a passion for it. -- Marc Clifton My website
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Hey Vasudevan i have transfered money several time using ICICI Bank and received Money also from Abroad severak times. I dinn;t face any problem so for. as how Arjun mentioned in his weblog. I don't know about the Customer care of them,but in the net banking they are good, in transfering the money and receving the money. And there is no problem occurred so for, for me from them.So only i suggested ICICI Bank.
Regards, Satips.:rose:
Satips wrote:
no problem occurred so far
So far you don't have a problem with them. But given the comments I would guess that you are one of the few lucky ones.
Upcoming events: * Glasgow: SQL Server 2005 - XML and XML Query Plans, Mock Objects, SQL Server Reporting Services... * Reading: Developer Day 5 Never write for other people. Write for yourself, because you have a passion for it. -- Marc Clifton My website
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Do you know how much it costs? A rough estimate will do.
Cheers, Vıkram.
After all is said and done, much is said and little is done.
A rough estimate. Well somewhere in the range of $8-9 for $1000. These are approximately 6 month old rates.
"Some people believe football is a matter of life and death. I'm very disappointed with that attitude. I can assure you it is much, much more important than that. -- Bill Shankly"
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I have to pay my cousin in the US a substantial amount of money. What is the cheapest option? Time is not of great importance here; it's OK if it takes a week or so. This is a one-time payment. Anybody who says Give it to me; I'll deliver it to him will get smacked :-D [EDIT]Thanks for the responses, everybody. :) I spoke to my bank and they said I can get a "Dollar Demand Draft" for upto Rs. 1,00,000 by paying a surcharge as little as Rs. 300. :cool: They also said my cousin won't be docked anything when he tries to encash it. :~ New questions: 1. Anybody in the US received this Dollar DD? 2. Is my bank right in saying my cousin won't be docked anything? Other payment suggestions are welcome, though I think this is very cool. [/EDIT] -- modified at 3:12 Tuesday 5th June, 2007
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Vikram, You could do a wire-transfer (wire transfer fees may be US$25-45, but it's safe and gets to his account within 24-48 hours). I've never heard anyone use a Dollar Demand Draft and am not aware of whether that has any hidden costs at the receiving end. I always use wire transfers even though they cost extra. I've done them between US, Canada, India for years now without any hassles.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com link -
I neither have an account with ICICI nor am I inclined to. X|
Cheers, Vıkram.
After all is said and done, much is said and little is done.
May be you could deposit the money into my ICICI bank account. ;) ...and then I will transfer it to
Nobody can give you wiser advice than yourself. - Cicero
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I have to pay my cousin in the US a substantial amount of money. What is the cheapest option? Time is not of great importance here; it's OK if it takes a week or so. This is a one-time payment. Anybody who says Give it to me; I'll deliver it to him will get smacked :-D [EDIT]Thanks for the responses, everybody. :) I spoke to my bank and they said I can get a "Dollar Demand Draft" for upto Rs. 1,00,000 by paying a surcharge as little as Rs. 300. :cool: They also said my cousin won't be docked anything when he tries to encash it. :~ New questions: 1. Anybody in the US received this Dollar DD? 2. Is my bank right in saying my cousin won't be docked anything? Other payment suggestions are welcome, though I think this is very cool. [/EDIT] -- modified at 3:12 Tuesday 5th June, 2007
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Cheapest? Probably a carrier pigeon.
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Dave Kreskowiak Microsoft MVP Visual Developer - Visual Basic
2006, 2007 -
Do you know how much it costs? A rough estimate will do.
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Vikram A Punathambekar wrote:
Do you know how much it costs? A rough estimate will do.
That depends on the amount of money that you want to send, and the country that you are sending the money to.
"A good athlete is the result of a good and worthy opponent." - David Crow
"To have a respect for ourselves guides our morals; to have deference for others governs our manners." - Laurence Sterne
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Vikram, You could do a wire-transfer (wire transfer fees may be US$25-45, but it's safe and gets to his account within 24-48 hours). I've never heard anyone use a Dollar Demand Draft and am not aware of whether that has any hidden costs at the receiving end. I always use wire transfers even though they cost extra. I've done them between US, Canada, India for years now without any hassles.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkNishant Sivakumar wrote:
I've never heard anyone use a Dollar Demand Draft
I guess they mean a regular DD, like one given in the US. :~
Nishant Sivakumar wrote:
wire transfer fees may be US$25-45
That's too much. :wtf: Besides, it's very different from what Amir Butt said. Maybe Pakistan gets special concessions from the US? :->
Cheers, Vıkram.
After all is said and done, much is said and little is done.
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Nishant Sivakumar wrote:
I've never heard anyone use a Dollar Demand Draft
I guess they mean a regular DD, like one given in the US. :~
Nishant Sivakumar wrote:
wire transfer fees may be US$25-45
That's too much. :wtf: Besides, it's very different from what Amir Butt said. Maybe Pakistan gets special concessions from the US? :->
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Vikram A Punathambekar wrote:
Besides, it's very different from what Amir Butt said.
Aamir Butt is talking about Western Union money transfer (that's not the same as a regular bank initiated wire transfer) A really cheap alternative is to just send him a check from your Indian bank. It may take 3-8 weeks to clear, and he'll also get a very bad conversion rate, but you could adjust for that by including an extra 1000 rupees or so. When I put Canadian checks in my US bank account, it took 2-3 weeks to clear, but for India I am pretty sure you'd see twice the delay (hence my estimate of 3-8 weeks).
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com link -
I have to pay my cousin in the US a substantial amount of money. What is the cheapest option? Time is not of great importance here; it's OK if it takes a week or so. This is a one-time payment. Anybody who says Give it to me; I'll deliver it to him will get smacked :-D [EDIT]Thanks for the responses, everybody. :) I spoke to my bank and they said I can get a "Dollar Demand Draft" for upto Rs. 1,00,000 by paying a surcharge as little as Rs. 300. :cool: They also said my cousin won't be docked anything when he tries to encash it. :~ New questions: 1. Anybody in the US received this Dollar DD? 2. Is my bank right in saying my cousin won't be docked anything? Other payment suggestions are welcome, though I think this is very cool. [/EDIT] -- modified at 3:12 Tuesday 5th June, 2007
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Un-freakin' believable. You people are pathetic - you can't laugh at yourselves even a little bit.... Moderating out sarcasm doesn't make it go away - it only illustrates your small-mindedness.
"Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass..." - Dale Earnhardt, 1997
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"...the staggering layers of obscenity in your statement make it a work of art on so many levels." - Jason Jystad, 10/26/2001 -
Un-freakin' believable. You people are pathetic - you can't laugh at yourselves even a little bit.... Moderating out sarcasm doesn't make it go away - it only illustrates your small-mindedness.
"Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass..." - Dale Earnhardt, 1997
-----
"...the staggering layers of obscenity in your statement make it a work of art on so many levels." - Jason Jystad, 10/26/2001John Simmons / outlaw programmer wrote:
Moderating out sarcasm doesn't make it go away
I obviously came in too late.... oh well... now I get to fight curiosity for the day. :laugh:
_________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)
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I have to pay my cousin in the US a substantial amount of money. What is the cheapest option? Time is not of great importance here; it's OK if it takes a week or so. This is a one-time payment. Anybody who says Give it to me; I'll deliver it to him will get smacked :-D [EDIT]Thanks for the responses, everybody. :) I spoke to my bank and they said I can get a "Dollar Demand Draft" for upto Rs. 1,00,000 by paying a surcharge as little as Rs. 300. :cool: They also said my cousin won't be docked anything when he tries to encash it. :~ New questions: 1. Anybody in the US received this Dollar DD? 2. Is my bank right in saying my cousin won't be docked anything? Other payment suggestions are welcome, though I think this is very cool. [/EDIT] -- modified at 3:12 Tuesday 5th June, 2007
Cheers, Vıkram.
After all is said and done, much is said and little is done.
I used dollar DD to pay university application fees from india and never had any problems. Though i am not sure if your cousin will be charged anything. It's basically same as cashier's check. Ankita
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Do you know how much it costs? A rough estimate will do.
Cheers, Vıkram.
After all is said and done, much is said and little is done.
The cheapest way to do this from India.... ....on a small, personal scale ....is stay there & buy imported Yankee stuff ....like MS, McD's and, um, weapons. (naff drumcrash signalling bad joke) (I dont mean any offence by this I just dislike globalisation)
Exclusivity is desirable & inclusiveness is undemocratic.
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I used dollar DD to pay university application fees from india and never had any problems. Though i am not sure if your cousin will be charged anything. It's basically same as cashier's check. Ankita
Ah, thanks, Ankita. I was a bit worried that nobody had heard of it.
Cheers, Vıkram.
After all is said and done, much is said and little is done.