Sending money to India
Sending $200 from the US to India cost 3.68% on average, about $7.35, in the World Bank's latest survey (Q3 2025): $5.64 in fees plus a 0.85% exchange-rate margin. The cheapest option it priced cost 0.76%; the dearest cost 7.37%. Today's ECB reference rate is 94.9451 rupees per dollar (2026-10-23).
Price your transfer to India
Reference rate: ECB, 2026-10-23
How it works: the cost of a quote is everything you pay minus what the money the recipient gets is worth at the mid-market rate. That catches a fee and an exchange-rate markup in one number. Assumes the fee is paid on top of the amount sent; if a provider takes its fee out of the amount, enter what the recipient gets instead of the rate. The mid-market rate is the ECB euro reference rate crossed to dollars. ECB reference rates are published for information purposes only.
What each provider charged on $200
World Bank Remittance Prices Worldwide, Q3 2025 (collected Aug 04-Aug 28, 2025). Total cost is the fee plus the exchange-rate margin, as a share of $200. A negative margin means the rate beat the World Bank's reference rate that day.
| Provider | Paid with | Received as | Fee | Rate margin | Total cost |
|---|---|---|---|---|---|
| MoneyGram | Bank account | Bank account | $0.99 | 0.26% | 0.76% ($1.51) |
| Ria | Bank account | Bank account | $0.99 | 0.27% | 0.77% ($1.53) |
| Wise | Bank account | Bank account | $2.31 | 0.00% | 1.16% ($2.31) |
| Western Union | Bank account | Bank account | $0.99 | 0.68% | 1.18% ($2.35) |
| MoneyGram | Debit card | Bank account | $1.99 | 0.26% | 1.26% ($2.51) |
| Ria | Debit card | Bank account | $2.00 | 0.27% | 1.27% ($2.54) |
| WorldRemit | Credit card | Bank account | $0.99 | 1.00% | 1.50% ($2.99) |
| WorldRemit | Debit card | Bank account | $0.99 | 1.00% | 1.50% ($2.99) |
| WorldRemit | Bank account | Bank account | $0.99 | 1.12% | 1.62% ($3.23) |
| Wise | Debit card | Bank account | $4.44 | 0.00% | 2.22% ($4.44) |
| Western Union | Debit card | Bank account | $1.99 | 1.35% | 2.35% ($4.69) |
| Ria | Bank account | Cash pickup | $2.90 | 0.93% | 2.38% ($4.76) |
| Remitly | Bank account | Cash pickup | $3.99 | 0.39% | 2.39% ($4.77) |
| Western Union | Credit card | Bank account | $1.99 | 1.48% | 2.48% ($4.95) |
| Western Union | Debit card | Bank account | $1.99 | 1.48% | 2.48% ($4.95) |
| MoneyGram | Bank account | Cash pickup | $3.99 | 0.76% | 2.76% ($5.51) |
| Ria | Debit card | Cash pickup | $3.90 | 0.93% | 2.88% ($5.76) |
| Remitly | Debit card | Cash pickup | $3.99 | 1.35% | 3.35% ($6.69) |
| Xoom | Bank account | Cash pickup | $2.99 | 2.26% | 3.76% ($7.51) |
| MoneyGram | Debit card | Cash pickup | $5.99 | 0.76% | 3.76% ($7.51) |
| Western Union | Credit card | Cash pickup | $4.99 | 1.33% | 3.83% ($7.65) |
| Western Union | Debit card | Cash pickup | $4.99 | 1.33% | 3.83% ($7.65) |
| Western Union | Bank account | Cash pickup | $4.99 | 1.33% | 3.83% ($7.65) |
| Ria | Credit card | Bank account | $8.00 | 0.27% | 4.27% ($8.54) |
| Ria | Cash | Cash pickup | $7.00 | 0.93% | 4.43% ($8.86) |
| Xoom | Debit card | Cash pickup | $5.19 | 2.26% | 4.86% ($9.71) |
| Western Union | Credit card | Bank account | $6.99 | 1.61% | 5.11% ($10.21) |
| Xoom | Credit card | Cash pickup | $5.99 | 2.26% | 5.26% ($10.51) |
| MoneyGram | Credit card | Bank account | $9.99 | 0.26% | 5.26% ($10.51) |
| Western Union | Cash | Cash pickup | $8.00 | 1.35% | 5.35% ($10.70) |
| Ria | Credit card | Cash pickup | $9.90 | 0.93% | 5.88% ($11.76) |
| Remitly | Credit card | Cash pickup | $9.99 | 1.35% | 6.35% ($12.69) |
| MoneyGram | Credit card | Cash pickup | $11.99 | 0.76% | 6.76% ($13.51) |
| Wise | Credit card | Bank account | $14.25 | 0.00% | 7.13% ($14.25) |
| MoneyGram | Cash | Bank account | $11.00 | 1.87% | 7.37% ($14.74) |
Fees providers publish today
Most providers show a price only inside a live quote. These are the fees for India printed on a public page. Remitly's pages do not say which payment method they assume.
- Remitly: $3.99 on transfers under $1,000; $0 at $1,000 or more. Source
- Xoom: $0 when you pay with PYUSD, and $0 from a bank account or PayPal balance on transfers of $1,000 or more to a bank account or UPI. Other fees appear only in a quote. Source
- Revolut (US): 0.15% (minimum $0.75) for a transfer paid out in the recipient's local currency on the Standard plan, plus free exchange up to $1,000 a month and 0.5% above that (1.0% outside market hours). Source
- PayPal: 5% of the amount (minimum $0.99, maximum $4.99) from a PayPal balance or bank account, plus a 4% currency conversion spread when the recipient gets a different currency. Source
- Wise: from 0.23% of the amount, varying by currency, at the mid-market rate. Source
A fee of $0 is not a free transfer. Western Union, MoneyGram, Xoom, Remitly, Ria, Xe, OFX and WorldRemit all say in their own terms or help pages that they make money on the exchange rate; Wise says it uses the mid-market rate. Put the rate from your quote into the calculator above to see what that costs.
Through your bank
The banks we track charge $25 to $75 to send an international wire in dollars. Some charge $0 when they convert the currency themselves, because they earn it on the rate. Either way, an intermediary bank can take a fee on the way. On $200 that is a poor deal; on $10,000 the fee matters less and the rate matters more. Compare bank wire fees.
Paying in cash adds a 1% federal tax
Since January 1, 2026, a transfer abroad that you pay for with cash, a money order or a cashier's check carries a 1% federal excise tax, which the provider collects (Internal Revenue Code section 4475). Pay from a bank account or with a US-issued debit or credit card and the tax does not apply. On $500 that is $5 saved just by not paying at the counter. 26 U.S.C. 4475
Your rights on this transfer
A consumer transfer abroad is a "remittance transfer" under federal rules. Before you pay, the provider must show the exchange rate, its fees and the amount your recipient will get, and you can generally cancel for a full refund within 30 minutes. What else the rule covers.
Provider names link to their own pricing pages.