kirit- (guest from New york, new york, india)    •   06/19/2008 01:48:52 AM

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I have remitted $150 on 12th june 08 via remit2india online money transfer, they told me that money will be reached within four days and after 3 days of my transfer i got a call from my parents by saying we got money, i am surprised by remit2india service becoz, non other than remit2india was able to deleiver my funds so quickly..

Ajay Doshi- (guest from Washington DC, DC, USA)    •   06/03/2008 10:03:07 AM

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Hi

I recently used HDFC Quick Remit service to transfer some funds to India. I was so disappointed with their service.

The conditions state that the funds will be transferred in 3-4 working days, well they were debited from my US a/c the next day, it took them a week to transfer the funds and the exchange rate provided was around 0.70 paise less than the market rate for the day.

I called the service centre and asked them for an explanation and the answers was 'Sir that was the exchange rate when we transferred your funds'. I checked 5 websites for the exchange rate, all of them quoted around 42.20 - 42.53, the exchange rate given to me was $41.85.

For the date of 02 June 2008, the rupee was never below the Rs. 42 level.

I tried twice to contact a Manager, but as always there are unavailable and I was kept on hold.

How can there be such a huge difference between market rates and the rate HDFC applies.

They say no fees, but then they make complete fools out of customers by applying very low rates, better to use services which tell you the rate when you transfer the funds and charge you a fee upfront instead of guessing all the time and being fooled to think that it is a free transfer.

This is my first experience with HDFC Quick remit and I will not be using their services again.

krishnam- (guest from sunnyvale, ca, usa)    •   05/29/2008 04:19:37 AM

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my money is on hold with these guys for the past 60 days and i am not able to retreive it back. everytime i call them they say that the bank has rejected.

  i was calling them everyday and they give me the same story everyday. changed 3 bank accounts, but here the same stories.

  How can we take action against these guys for doing things like this? Any help here.

Raj- (guest from mumbai india)    •   05/20/2008 02:58:23 AM

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The best way to identify quality of remit2india is try to reach remit2india people - none of the numbers will work, chat application will be down. You will curse yourself for using their best of worst services.

If your transaction is on hold for any reason, nobody will know about it other than couple of people, so you go and look for your transaction status - it will show status as delivered and amount will not be remitted. If you contact them - you will realize its now only problem-go figure it out. Its like you did a big big big mistake by sending money using remit2india. You will feel like you are asking for a loan...not you own money

please do use legitimate services like banks, DO NOT USE REMIT2INDIA if you want to avoid trouble

vijay- (guest from colo, oh, us)    •   05/12/2008 11:03:33 AM

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How Is HDFC service for money to india,

thanks in advance,

manish- (guest from Mumbai, Maharashtr, India)    •   04/22/2008 08:03:00 AM

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I am recent convert of Remit2India and to put it on record my experience has been fabulous. My brother transfers me money every month from Singapore and so far he was using either western union or money2india(a pain!), but both these offered a really low rate and the also charged a service fee. With remit2india I don’t have to go looking for an authorised center to receive my cash, it comes directly into my bank account. The exchange rate is slightly better too. For me Remit2india is any day a better service than the dozen others out the

worriedsender- (guest from Austin, TX, 78717)    •   04/15/2008 15:45:33 PM

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Hi all,

I have initiated a direct wire transfer from my J P Morgan chase bank to my NRE account with SBI India using SWIFT.
I have given the SWIFT code of the SBI bank and
the transfer is already happening in Rs.
It was sent on April 8th and I was told that it
will go thru within 2-3 working days.
SBI India has not yet received it.
I am beginning to worry and need to know if
anyone has had any experience or tips on this
matter.
This is first time I used SWIFT wire hoping it would be faster and more reliable that ICICI or SBIOnline. But now I am not sure.

Any tips would help,

manju- (guest from singapore, singapore, sin gapore)    •   03/02/2008 07:41:18 AM

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hi,
looks like quick remit is just not living upto its name. on the last few occasions, i tried logging in, it logs me out automatically. simply superb technology by hdfc!
looking at the complaints on remittances, i feel, RBI should take over this job as indian banks, be it public or private or companies like times of india which support the remittances services, are just not positioned to deliver services....
is someone listening!

Rakesh- (guest from Oregon, OR, USA)    •   02/23/2008 01:15:08 AM

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I used SBI http://www.onlinesbi.com/glsus/ to transfer money from my US Credit Union account to India Citibank Account. It worked pretty much up to my expectations. It took 4-5 working days but that was it had said, it will. No hidden charges I paid to any party. I got an exchange rate of 39.75, when that day's exchange rate was ~40.1. Not that bad. When I initiated the transaction, it showed me an exchange rate of 39.30. But the day transaction actually happened at the backend, Re had become weeker to $. I got 39.75. That probably means, the exchange rate you get could be lower or higher than what it shows to you at the time of transfer, depending on how the currency rate goes during those first 1-2 days.

Tanmoy CHAKRAVARTY- (guest from Houston, TX, USA)    •   02/15/2008 11:35:45 AM

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I wanted to send more than 10000 US dollars for which I followed instructions online. Every time the message was "Your transaction cannot be made".

Secondly, the exchange rate shown was 39.43 for US $5000-10000 tier. I got only $38.93 when I sent $5000.00 as I could not send $10000.00. My complaint is how do I know how much Rupees I will get if they cannot honor what they put online. Is this a gimmick?