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Sending Money to India
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Remit2India Fraud / SBI Good
Hi
I had numerous bad experience with Remit2India. They never pay actual exchange rate. If you book transaction for 50.55 rupees, benificiery account in India will be credited for 49.45 rupees. One time booked the transaction and cancelled it as I was in the need of money. They did not return that money until one month, though I made so many calls to to get the money back. Finally they told that they can not return money, but they can remit to India. After that I never used thier services. I always prefer to send through SBI remittence service, they are reliable and ran by goverment. Thier exchange rate is fare and not like remit2india. To verify that you can keep watching the exchange rate for 2-3 days after sbi withdraws money from US account and compare the rate you get. if you want to send immedialty there is a fast remittence service in SBI. Find good remittance service and dont be victim for fraud services.
I had numerous bad experience with Remit2India. They never pay actual exchange rate. If you book transaction for 50.55 rupees, benificiery account in India will be credited for 49.45 rupees. One time booked the transaction and cancelled it as I was in the need of money. They did not return that money until one month, though I made so many calls to to get the money back. Finally they told that they can not return money, but they can remit to India. After that I never used thier services. I always prefer to send through SBI remittence service, they are reliable and ran by goverment. Thier exchange rate is fare and not like remit2india. To verify that you can keep watching the exchange rate for 2-3 days after sbi withdraws money from US account and compare the rate you get. if you want to send immedialty there is a fast remittence service in SBI. Find good remittance service and dont be victim for fraud services.
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