Cheapest way to transfer money abroad?

210°
Deal Cadet
mango-man

I want to transfer money from my savings account to my sibling in Canada. Which is the cheapest way to do it? I have savings accounts with ICICI, HDFC and IDFC First. Can open account with IndusInd if needed (might have to transfer multiple times in future).

Expired
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
19 Comments  |  
10 Dimers
  • Sort By
Mobile Guru Mobile Guru
Link Copied

https://wis...m/

Compare the transfer charges here.


Deal Cadet Deal Cadet
Link Copied

Thanks.

Is this a reliable and trustworthy 3rd-party? Haven’t heard of wise before.


View 2 more replies
Comrade Comrade
Link Copied

open a jupiter account here…load money in it….and parcel the jupiter debit card to canada….jupiter has 0% forex charges…

Cash withdrawal from any ATM outside India ₹100 per cash withdrawal

₹100 per cash withdrawal + 3.5% forex fee on transactions beyond the specified limits of -
  • ₹ 25,000 per month (for Savings Account)
  • ₹ 1,00,000 per month (for Pro Salary Account)

Cross currency forex charges on international debit card transactions Zero forex fee on international spends
  • Upto ₹ 25,000 per month (for Savings Account)
  • Upto ₹ 1,00,000 per month (for Pro Salary Account)



Deal Subedar Deal Subedar
Link Copied

niyo card also has similar charges, that’s also an option

Deal Subedar Deal Subedar
Link Copied

i have used wise (transferwise); pretty easy and safe and fairly priced with tx charges.
takes time for 1st transaction (2 days around), after that it happen quickly within a day.

Deal Newbie Deal Newbie
Link Copied

could you please share your referral code?

Deal Cadet Deal Cadet
Link Copied

for which site/app?

Deal Hunter Deal Hunter
Link Copied

Checkout niyo global, jupiter, fi. 

Also if you are familiar with cryptos, you can tranfer USDT.

Deal Subedar Deal Subedar
Link Copied

Buying crypto using INR is so expensive. What’s the point of buying USDT using INR and then transferring it to Canada and his brother selling it for CAD and then using it?

View 1 more reply
Deal Cadet Deal Cadet
Link Copied

Any way to check rates without opening digibank savings account?

View 3 more replies
Deal Subedar Deal Subedar
Link Copied

MATIC

Deal Newbie Deal Newbie
Link Copied

I like to use the services of the Velure company, it is easy and simple to follow any money transfer through them. It's convenient and simple. Through them, you can money transfer anywhere. This payment service has a good reputation, so you should not worry about this.

replyuser
Click here to reply
Reply