Tansfer of Money to India - Suggestions - Malta forum

Tansfer of Money to India - Suggestions

SportsMan Contributor

Member since 30 September 2011

SportsManContributor01 October 2023 07:32:52

130

HI Everyone. I need to transfer some money to a India as a gift. Can anyone recommend any company or bank that won't skin you alive with charges, or the best process to do this if there is a way online? I have done the same a year or 2 back with some beureau in Mosta but the charges where crazy. I do not wish to pay some 30Euro charge for a 100 euro transfer

Thanks and appreciate any help

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert01 October 2023 08:32:00

11831

I use to transfer money.

(Vm TAMIZHA) New member

Member since 05 April 2023

(Vm TAMIZHA)New member01 October 2023 10:11:58

@SportsMan you can use wise transfer

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert01 October 2023 12:00:09

11831

聽聽 @SportsMan you can use wise transfer
聽聽

聽聽 -@(Vm TAMIZHA)

As I said in comment #2, it is now called Wise.

Eric Rodger New member

Member since 01 March 2023

Eric RodgerNew member01 October 2023 17:01:41

If you have REVOLUT account it's very easy and fast and very very less transaction charges.... less that 1 euro for 100 euro transfer.... I use the same to transfer money home

SportsMan Contributor

Member since 30 September 2011

SportsManContributor02 October 2023 18:49:57

130

Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account?

F0xgl0ve Malta Expert

Member since 11 November 2013

F0xgl0veMalta Expert03 October 2023 05:51:59

1976

聽聽 Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account?
聽聽

聽聽 -@SportsMan

With Wise you can transfer to any bank as long as you have the details and I have found them more reliable and user friendly than Revolut who on one occasion used my UK bank to do the currency conversion instead of themselves which cost me an extra fee and also gave me a poor exchange rate. Also the Revolut name is frequently used by fraudsters trying to scam people out of money. Happened to me twice in one day when I was selling an item on Facebook Marketplace!

SimCityAT Expert

Member since 08 April 2014

SimCityATExpert03 October 2023 06:10:46

11831

聽聽聽聽 Thanks for your feedback. Regarding Revolut, the beneficiary (one receiving the money) must also have Revolut right? or you can tranfer from Revolut to say a bank account?聽聽聽聽聽-@SportsMan

With Wise you can transfer to any bank as long as you have the details and I have found them more reliable and user friendly than Revolut who on one occasion used my UK bank to do the currency conversion instead of themselves which cost me an extra fee and also gave me a poor exchange rate. Also the Revolut name is frequently used by fraudsters trying to scam people out of money. Happened to me twice in one day when I was selling an item on Facebook Marketplace!
聽聽

聽聽 -@F0xgl0ve

My dad who is 82 thinks Wise is great and sends us money twice a year (Birthday & Christmas) and has nevr had any issues.