WISE - All required important information of a leading money transfer service provider (2024)

Brief Summary for Wise (USD-INR)

Wise is a trustworthy worldwide remittance service provider that presents attractive exchange rates for converting US Dollars to Indian Rupee, enabling individuals to transfer money from the US to India. The organization prioritizes customer satisfaction and assures secure transactions. With its effective payment methods, Wise is an excellent choice for sending money abroad and has received positive reviews from its customers. As a dependable peer-to-peer currency exchange platform, Wise offers a prompt, secure, and reasonably priced resolution for those who need to make international money transfers.

Wise offers several payment methods with best USD to INR exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit or bank ACH. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in India. Irrespective of the payment method, the receiver will get the fund in their bank account in about 4 to 5 business days. You can send up to $1,240,090. Wise charges a fee of $0.73 USD plus a percentage of the transaction amount for Direct Debit, with the percentage varying depending on the transaction amount: 0.69% for $1 to $130,000 USD, 0.60% for $130,001 to $599,999 USD, 0.58% for $600,000 to $1,000,000 USD, and 0.56% for $1,000,001 to $1,240,090 USD. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.

Wise is a reliable enterprise that provides remittance services globally, with appealing exchange rates for converting US Dollars to Indian Rupee, and also offers referral programs and loyalty promotions to its current customers who plan to send money to India.