Sending money from the US to India? Calculate how much your recipient could receive in Indian rupees (INR) when you send US dollars (USD). Compare transfer costs and check the bank details you need before booking.
Estimates use the 29 April 2025 margin model and the latest available market rate. Transfer and bank fees are excluded. We may earn commission from TorFX.
| Provider | Estimated receipt |
|---|---|
| TorFX | 931,063.53 INR |
| Bank of Scotland | 916,697.27 INR |
| Lloyds Bank | 916,697.27 INR |
| NatWest | 916,546.55 INR |
| RBS | 909,503.88 INR |
| Halifax | 908,678.67 INR |
For a local rupee payout, ask for the account number and the bank branch’s IFSC. For an international wire, follow the bank’s separate inward remittance instructions. Tell the provider whether this is family support, an invoice or another purpose so it can request the appropriate information.
Give each provider the same total budget, including fees, and ask how much will arrive in INR. Check whether intermediary or receiving-bank fees can still be deducted. For a fixed invoice, work backwards from the exact amount due and compare the total you would pay.
Ask for the date the beneficiary can use the funds. Confirm the funding deadline in your time zone and whether a weekend, local holiday or identity check changes the estimate. For a first payment, complete any checks before agreeing a delivery date with the recipient.
Keep the quoted rate, receipt, payment reference and expected arrival date. If the deadline passes, ask the sending provider to trace the transfer and give the recipient the reference for their bank. If any account detail is wrong, contact the provider immediately before sending further funds.
For a personal or family payment from the US, ask whether the provider and transfer qualify for federal remittance protections. For an invoice paid from a business account, check the bank’s wire agreement for its error-reporting procedure.
For an invoice payable in INR, ask for a quote that delivers the invoice total and shows the full debit in USD. Confirm how long the quote is valid and copy the invoice reference onto the payment.
Check the provider’s transfer limit and your bank’s funding limit separately. Ask which documents are needed for this payment, such as an invoice or proof of the source of funds. For new or amended supplier details, call the supplier on a number already in your records before authorising payment.
For rent, pensions or family support, decide which amount must stay fixed each month: the sum leaving your account or the sum received in INR. Ask when the rate is set for each payment, how to change the instruction and what happens if the funding date falls on a holiday.
Official sources Consumer Financial Protection Bureau ↗ Reserve Bank of India ↗ World Bank · Remittance Prices Worldwide ↗
