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SwirlySushi
SwirlySushi
26mo
by
Stealth

Best bank to wire tranfer

I sold some of my RSU holdings and wants to wire the money to Indian bank account but I see a high conversion fee with my current citi bank.

Any suggestions on what bank in India offers best rate for inward remittances?

26mo ago
SparklyDonut
SparklyDonut
Tide
26mo

Have you considered wise or xe.com?

TwirlyBagel
TwirlyBagel
Dunzo
26mo

I guess etrade doesn't support it for india

TwirlyBagel
TwirlyBagel
Dunzo
26mo

Go for PSU banks, I used PNB and got around 30-40paisa less from live conversion rate

TwirlyBagel
TwirlyBagel
Dunzo
26mo

All bank issues daily conversion rates in pdf. Google it for a few banks and you can compare to get an idea. There may be additional charges/tax from the bank other than conversion rate.

JumpyHamster
JumpyHamster
Stealth
26mo

Idfc is cheapest

SillyMochi
SillyMochi
Stealth
26mo

My bank account 😆

GroovyBiscuit
GroovyBiscuit
Oracle
20mo

Which one did you use? I just checked PNB and IOB offering around 83.28 TT Buy rate today around 20 paise difference that actual rate of USD/INR

GoofyCupcake
GoofyCupcake
Microsoft
26mo

ICICI has a decent rate, if not the best.

SwirlyTaco
SwirlyTaco
Stealth
26mo

Call up your RM at Citi and negotiate.

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