Steps to Transfer Money from the UK to India

by | Jul 2, 2024 | Business

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For those living in the United Kingdom (UK) who have family and friends still in India, there may be a time where those friends and loved ones need a little help financially. When this happens there is no greater feeling than to be able send the money instantly to help them in their time of need. With the services that are available today, it is not really that hard to send money to India. Here is how to transfer money to India from the UK.

Online portals

The first step is to find an online portal in the United Kingdom for sending money to India. Thankfully there are a handful of choices available. Just do a little bit of research ahead of time to find ones that are reputable and with low fees. It may take a little time to find the right one, but it is definitely worth the investment.

Once an online portal has been chosen just start by selecting the appropriate countries. In this example, a person would be sending money from the United Kingdom to India so just choose the UK as the sending from the country and then choose India as the sending to country. From there just enter the amount of money that is to be sent. A calculator will automatically calculate the exchange rate based off the current days fixed rates.

Transfer Fees

The only variable throughout this whole process is the transfer fees. Every online portal company charges their own amount, which is a percentage of the total amount of money to be transferred. Typically this is a very small percentage, which is usually under one percent of the total amount of money that is to be sent.

The transfer fees are not always visible up front. Sometimes a person will have to at least go through the registration process before they will see the actual transfer fees listed. There is no obligation to use the service at all. Once the transfer fees are shown, a customer can either choose to continue with the transfer, or they can choose to cancel the transfer. No fees will be incurred if the transaction is cancelled.

These are the basic steps on how to transfer money to India from the UK. It really is as simple as that.

RemitGuru provides financial services on how to transfer money to India from the UK. The services are fast, easy, and secure with low transfer fees and exchange rates.