Send and receive money india to usa?

Discussion in 'Payment Processing' started by ram.sharma, Oct 25, 2013.

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  1. #1
    I am from india. i want start a busniess with my friend who is in usa.

    So please tell me which is best way so i can send and receive money easily to my usa friend with lowest fees

    Thanks in advance :)
     
    ram.sharma, Oct 25, 2013 IP
  2. competent123

    competent123 Notable Member

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    #2
    to send funds - creditcard is the lowest fees ( 3.5%) if you can get an Export import license, then you can transfer via wire transfer too.
    to receive funds wiretransfer is the lowest fees (1% bank currency conversion)
     
    competent123, Oct 25, 2013 IP
  3. Ashish Paul

    Ashish Paul Member

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    #3
    as we cant use paypal , so its better to do wire transfer :) you may hear about western union?
     
    Ashish Paul, Oct 25, 2013 IP
  4. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #4
    Well, you can use Paypal to send and receive money from USA to India or India to USA.
    Only thing you need for sending money from Paypal India is to have an attached credit card.
     
    Digital_shubhi, Oct 27, 2013 IP
  5. Flynn Rider

    Flynn Rider Greenhorn

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    #5
    You can use any of the following service to send money to USA or received money from USA

    1. PayPal
    2. Western Union
    3. Xoom
    4. Bank Wire transfer
     
    Flynn Rider, Oct 28, 2013 IP