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Charges of transferring big sum of Money to Indian bank from abroad

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  1. #1
    PANCHALAND
    PANCHALAND is offline Just in!

    Charges of transferring big sum of Money to Indian bank from abroad

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    IM INTERSTED 2 KNOW WHAT CHARGES DOES BANK WILL TAKE WHEN I WE GET FUND TRANSFER FRM UK BANK 2 OURS ACCOUNT IN INDIAN RUPPE OF CRORES .WHAT INQUERY THEY MADE 4 THAT. IF CHREGES R THRER .HOW TO SAVE THIS CHRAGES.YR.REPLY HIGHLY APPRECIATED

  2. #2
    Ricky
    Ricky is offline eTI Silver

    Re: Charges of transferring big sum of Money to Indian bank from abroad

    Transferring small sum is no problem, there are minimal charges that won't even bother you but going for big amount, you should first confirm that how much sum transferred that way is legal in both countries.

    Usually you can do WIRE transfer and they charge nominal fees if sum is big, I suggest you to visit the donor bank to know the rules and charges.

  3. #3
    dinwal
    dinwal is offline Just in!
    The charges are about 25 Rs for many banks. Where the banks make money is the conversion rates. You might want to go with a bank with better conversion rate than looking at the transfer fees.

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