Forget waiting in long lines and filling out papers every time you need to send money to India. Complete your transfers within minutes at any time of day with Sharemoney.
How do I send money to India with Sharemoney?
Create an account with Sharemoney to get started - it’s free! Then, click "Send Now" and fill out the form. For each transfer, you will be asked to provide the amount you want to send, your recipient's name and contact information, how you want them to receive the money, and your payment information. Once you’re done, click “Send” and we’ll update you when your recipient got the money!
What delivery options does Sharemoney offer for money transfers to India?
Right now, you can transfer funds directly to someone’s bank account in India, or send money to a Cash Pickup location within the Royal Exchange network. You can view all the available banks and pickup locations here.
Can I send money to India with my credit card?
Yes, you can use your Visa or Mastercard credit card to pay for a money transfer on Sharemoney. However, please keep in mind that some banks charge additional “cash advance” fees for credit card purchases, so we recommend using a debit card to avoid any additional fees.
Can I send money to India using my debit card?
Yes, we recommend using a debit card for your money transfers through Sharemoney as it is the most affordable option.
How long does my money transfer to India take?
Most money transfers through Sharemoney are completed within a few hours, depending on the destination bank’s hours of operations. If this is your first transfer, your funds may be delayed for a few hours by Sharemoney for security and identity verification purposes, as required by law. However, even first-time transfers are usually completed in under 24 hours.
Which Indian banks can I send money to through Sharemoney?
Sharemoney has a huge network of partner banks in India. With our service, you can transfer money to any personal bank account in India. For a full list of supported banks, Click here.
Where can I send money for Cash Pickup in India?
Sharemoney partnered with the Royal Exchange network, which has thousands of payout points throughout the country. We are certain that your recipient won’t have to go far to pickup your remittance! Click here to see the full list of Cash Pickup locations in India.
I want to send $1,000,000 to India. Can I use Sharemoney for that?
Not at this time. Sharemoney aims to help people who live in the USA support their friends and loved ones in India. We are governed by state and federal regulations and must comply with all applicable laws. At this time, you can send up to $2,999 every 24 hours and up to $9,999 every 180 days. If you wish to send over the limits, we reserve the right to ask for additional documentation as required by law. Additional rules and state regulations may apply.
What does my recipient need to receive my money transfer?
Typically, the recipient will need to show their photo ID in order to receive your funds at a cash pickup location. It is also helpful to share your money transfer number (MTN) with your beneficiary in case they need to reference it when picking up funds.