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Sending Money to India? Compare Rates on HDFC Quick Remit vs ICICI Money2India vs Remit2India vs SBI vs Axis bank

If you are sending money to India from any abroad location e.g. United States, Singapore, United Kingdom, or Australia, it's worth checking rates offered by different remitting services like DBS India Remit, CurrencyFair HDFC Quick Remit,  ICICI money2India, Times money Remit2India, Axis bank remittance services and SBI bank itself. Given current volatility in exchange rates, you may end up losing a good sum of money up to 1000 to 5000 Rupees, given your choice of remitting services. Since all of the above provide good services and connectivity in terms of sending money to different cities in India or even sending money to a different branch of the different bank. For example, You can use CurrencyFair or ICICI Moeny2India to send money to your Mumbai HDFC account or Bangalore Kotak Mahindra account, in fact to any branch and any city. Which means, there is no point sticking with just one service or bank for transferring money to India.
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