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Thread: How to Transfer money from India to USA

  1. #1
    Join Date
    Aug 2007
    Posts
    2

    Default How to Transfer money from India to USA

    Hello all,

    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.

  2. #2
    Join Date
    Aug 2004
    Posts
    14

    Default

    Quote Originally Posted by sbtrdr View Post
    Hello all,

    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.
    I would use one of the following:

    remit2india
    icici's money to india

  3. #3
    Join Date
    Apr 2006
    Posts
    49

    Red face RE : How to Transfer money from India to USA

    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.

    Regards

  4. #4
    Join Date
    Oct 2005
    Posts
    28

    Default Re:

    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 ?

  5. #5
    Join Date
    Dec 2007
    Posts
    123

    Default

    HSBC offers this service --

    http://www.us.hsbc.com/1/2/3/hsbcpremier?code=husa

    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

  6. #6
    Join Date
    Jan 2008
    Posts
    2

    Default Wire transfer

    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.

  7. #7
    Join Date
    Sep 2008
    Posts
    3

    Default tax implication for money from india to USA

    Hello All,

    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.

    Thanks
    Raman

  8. #8
    Join Date
    Mar 2013
    Posts
    1

    Default How to Transfer money 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
    tax implications

  9. #9
    Join Date
    Apr 2013
    Posts
    1

    Default

    Hi,
    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.

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