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Query from: Anonymous, United States, 01/02/09
Topic: FOREIGN EXCHANGE      Submitted on: Ammas.com
Subject: howmuch money in ruppes do they receive if we send in dollars?

Hi amma

Did anyone uses remit2india website to send money to INDIA? If so if you send money in dollars (example say $100). how much money do they receive? for example if the dollar value is $43.79.and when they are receiving if the dollar value is 42.69. how it works? do they give exact dollar value or do they charge any? if anyone sent before through website then only reply so that i will be sure.

thank you

Rate = 3 (Rated by 4 Council Members)
[ This query closed ]
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Response from: @ KaRtiKa,   
Council Member on Ammas.com
Source: http://www.timesofmoney.com/remitta…
hii this site is safe to transfer the money to india

US Dollars Remit2India

us dollers Remit2India 50 - 1250 47.98 1251 - 7000 48.11 7001 - 15000 48.22 15001 - 25000 48.23 25001 & Above 48.30

Please Note:

Exchange rates mentioned above are indicative rates only.The actual rate applied to your transaction need not be the same on the site as rates change on a dynamic basis, several times a day. Our rates are, however, comparable if not better than other similar services.

The rate applied for your transaction is done with a view to maximize the benefit you get from the money sent. This may happen at different times of the day depending on the market and may not be the same as visible on the site, depending on when you log on.

Rates available on global exchange rate comparison sites are not indicative of the rates applicable to Remit2India.

check out the site http://www.timesofmoney.com/remitta…

Rate = 2.5 (Rated by 2 Council Members)

 
Response from: Geetha Gopakumar,   
Council Member on Ammas.com
Source: This information comes from my own knowledge.
Transfering money through Remit2India, i found the table given in the website about the rate of exchange they guaranteed.

US Dollars Remit2India 50 - 1250 47.71 50 - 1250 47.60 1251 - 7000 47.84 1251 - 7000 47.73 7001 - 15000 47.83 15001 - 25000 47.85 25001 & Above 47.92 Also they conveyed that the rates are, however, comparable if not better than other similar services.The rate applied for your transaction is done with a view to maximize the benefit you get from the money sent. This may happen at different times of the day depending on the market and may not be the same as visible on the site, depending on when you log on.

Rate = 2 (Rated by 1 Council Member)

 
 
 
 
 
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