How to Transfer Money from USA to HDFC Bank India

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To transfer money from the USA to HDFC Bank in India, you'll need to use a bank that offers international wire transfer services. HDFC Bank has a partnership with several US banks to facilitate this process.

You can transfer money through HDFC Bank's online platform, but you'll need to have a relationship with a US bank that offers this service. HDFC Bank's online platform allows you to initiate the transfer process and track the status of your transfer.

The transfer process typically takes 2-5 business days, depending on the US bank's processing time and HDFC Bank's receipt of the funds. You can also use a money transfer service like Western Union or MoneyGram to transfer money to HDFC Bank in India.

How to Wire Money

To wire money from the USA to HDFC India, you'll need to use the SWIFT network, a global system that connects banks worldwide. This traditional method involves sending money from one bank account to another.

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Make sure you have all the necessary bank details of your recipient, including their HDFC account information. HDFC NRI customers can use a wire transfer to send money from their existing local bank account to India.

A wire transfer can take up to five business days to arrive in India, so plan accordingly. You can expect to pay a transfer fee for the remittance and sometimes an exchange rate fee.

The exchange rate fee is charged by the bank when they set their own exchange rate, which is higher than the mid-market rate. You can check the exchange rate on Google or use a service like Wise for a more competitive rate.

To get started, you'll need to choose the currency you want to send, which can be any of the following: US dollars, British pounds, Euros, Singapore dollars, Australian dollars, New Zealand dollars, United Arab Emirates dirham, South African rand, Swiss Francs, Swedish krona, Saudi riyal, or Canadian dollars.

Here are the currencies you can use for a wire transfer to HDFC India:

  • US dollars
  • British pounds
  • Euros
  • Singapore dollars
  • Australian dollars
  • New Zealand dollars
  • United Arab Emirates dirham
  • South African rand
  • Swiss Francs
  • Swedish krona
  • Saudi riyal
  • Canadian dollars

HDFC will not charge the recipient any fees, so you can rest assured that your recipient will receive the full amount.

Fees and Charges

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To wire money from the USA to HDFC India, you'll need to be aware of the fees and charges involved.

The sender's bank may charge a transfer fee, which can range from $10 to $30.

You'll also need to factor in the exchange rate and any potential losses due to it.

The HDFC bank in India may charge a receiving fee, typically around ₹50 to ₹100.

Additionally, the transfer method you choose, such as wire transfer or online transfer, can affect the fees.

Sending Money to India

Sending money to India can be done through various methods, but wiring money is one of the most popular and secure options.

To wire money to HDFC India, you'll need to provide the recipient's account details, including their account number and IFSC code.

The IFSC code is a unique 11-digit code that identifies the bank branch where the recipient's account is located.

Follow Your Money

When you send money to India, it's essential to keep an eye on your finances.

Using our app or website makes it easy to track your money transfer.

A card-issuer cash advance fee may apply if you're using a credit card.

To avoid these fees, consider using a debit card instead.

Sending Money to India from the US

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If you're an NRI living in the US, you can send money to India with HDFC Bank, but you'll need to be an existing HDFC NRI customer. You can find the available sending options for your region on the HDFC NRI money transfer website.

You can send money to India using various methods, including bank transfers, credit cards, and debit cards. If you're using a credit card, be aware that a card-issuer cash advance fee and associated interest charges may apply.

To send money to India, you'll need your receiver's account number, Indian Financial System Code (IFSC), and a purpose of transfer. HDFC Bank branches abroad can also help NRIs fund accounts in India.

Here are the regions where HDFC Bank provides remittance services for sending money to India from the US:

  • Africa
  • Australia
  • Canada
  • Europe
  • Middle East
  • United States of America
  • South East Asia
  • United Kingdom

You can use HDFC Bank's app or website to track your money transfer over to India, making it easier to follow your money.

Preparation and Details

Detailed close-up of a US dollar bill in grayscale highlighting symbols and textures.
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Before you start the process, make sure you have all the necessary details ready.

You'll need your receiver's account number to send the money to the right person.

The Indian Financial System Code (IFSC) is also crucial for the transfer to be successful.

You'll need to specify the purpose of the transfer, which will help HDFC India understand the reason for the money transfer.

International Transfer

You can use an international wire transfer to send money from your US bank account to HDFC India. This method is traditional and reliable, but it may take up to five business days to arrive in India.

The SWIFT network connects banks worldwide, allowing you to transfer money internationally. HDFC NRI customers can use this method to send money from their existing local bank account to India.

Make sure you have all the bank details of your recipient to complete the transfer. HDFC will not charge the recipient any fees.

A close-up of a hand using a payment terminal with currency notes and a money box in view.
Credit: pexels.com, A close-up of a hand using a payment terminal with currency notes and a money box in view.

You can send money in various currencies, including US dollars, British pounds, Euros, Singapore dollars, Australian dollars, New Zealand dollars, United Arab Emirates dirham, South African rand, Swiss Francs, Swedish krona, Saudi riyal, and Canadian dollars.

Here are some currencies you can send:

  • US dollars
  • British pounds
  • Euros
  • Singapore dollars
  • Australian dollars
  • New Zealand dollars
  • United Arab Emirates dirham
  • South African rand
  • Swiss Francs
  • Swedish krona
  • Saudi riyal
  • Canadian dollars

Timothy Gutkowski-Stoltenberg

Senior Writer

Timothy Gutkowski-Stoltenberg is a seasoned writer with a passion for crafting engaging content. With a keen eye for detail and a knack for storytelling, he has established himself as a versatile and reliable voice in the industry. His writing portfolio showcases a breadth of expertise, with a particular focus on the freight market trends.

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