Following are the different Mediums for sending money to India:
1. Some Indian banks have tie up with US, UK Banks and you can register for remittance accout and send money through your Foreign bank account directly to Indian Account. Limitation here is, Indian bank to which you can send is fixed and rate you get is less compared to the market but fixed, no fluctuation.
2. Many other websites like remit2India, remit.onlinesbi, money2india etc are available which transfer the money to any bank account within 4-5 business days. Rate depends on the market value on the day the money is exchanged and transfered. SBI gives more rate as compared to other websites. Remit2india has a very good customer service.
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