I would like to transfer Rs. 21 lakhs ($50K) from India to USA. Would it be possible to send such a large amount? If so, please let me know the process. Your input is very much appreciated. Thank you very much.
You can use HDFC "QuickRemit" or ICICI's "Money2India" services to transfer money to india...
But there is some cieling to it but they do NOT charge any charges for transferring within prescribed limit...
I am not sure but there is limit of transferring $ 5000 Per Day or Per Month... You can check with them...
HDFC is more safe and relaible and good service, The money gets transferrerd in 5 working days without hassles...
Nevertheless ICICI is also good...
Please check yourself with the limits you can tarnsfer with them for free of charges.
ppl the original post says transfer FROM INDIA to USA. Not USA to India.
I also want to know same thing. Anyone with a answer ?
HSBC offers this service --
Please check with them.
Here are their numbers
1800 22 4722 (MTNL / BSNL)
1800 103 4722 (Airtel)
1800 200 4722 (Reliance)
+91 22 66668815 (from outside India
Call and check with your local bank about wire transfer.
It is possible for you to transfer from one back to the other with a flat fee.
Your local banker should able to help you better.
What are tax implication for getting money from India to USA . DO we need to pay tax on that money. Also what is maximum limit for money transfer from India to USA.
I have seen a couple of posts by sbtrdr and Raman here....I'm on the same boat....can someone guide me for transferring amt from India to USA....would also like to know the
There are different services available for transferring money from India to USA such as Currency Online even some banks are available for eg : ICICI bank from which you can transfer money from India to USA.