India USA
Travel

Recommended Travel Plans

1. Atlas America
2. Safe Travels
3. Patriot America
  • Visit USA
  • US Travel Tips
  • Visiting Parents
  • Students in USA
  • B1 B2 Visit Visa
  • H1B Visa
  • Life in USA
  • Home
  • About Us
  • Contact Us
  • Privacy policy
  • Legal Disclaimer
  • Interview Questions
  • Travel Checklist
  • Visa Application
  • Travel Insurance
  • Insurance for Parents

Categories

  • B1 B2 Visit Visa
  • FAQ
  • H1B Visa
  • Life in USA
  • Spouse Visa
  • Students in USA
  • Travel Insurance
  • Travel News
  • US Immigration
  • US Immigration News
  • US Travel Tips
  • USA to India Travel
  • Visa
  • Visit USA
  • Visiting Parents
  • Home
  • About Us
  • Contact Us
  • Privacy policy
  • Legal Disclaimer
India USA travel
  • H1B Visa
  • Student Visa
  • Tourist Visa
  • Green Card
  • US Immigration
  • Travel Insurance
  • Parents Visiting USA
  • US Travel Tips

How to Bring Money from India to USA

  • March 17, 2019
  • Staff
Total
0
Shares
0
0
0

Safe Travels USA

Safe Travels USA

Best for Visitors
Economical Plan
COVID19 included
Covers Medical
Pre-Existing Conditions
First Health Network

Buy Online

Atlas America

Atlas America

Rated “A – Excellent”
COVID19 included
Covers Medical
Covers Dental
Trip Cancellation
Full Refund on Cancel

Buy Online

Last Updated on January 28, 2023 by Mani Karthik

According to the RBI guidelines, an individual can transfer a maximum of US$2,50,000 from India to another country within one year. The high transfer limit may give you an idea that the regulations for bringing money to the US are lenient, although in reality, they are not. In fact, the Liberalized Reporting Scheme (LRS) has been revised by the RBI to tighten the reporting norms for such outward remittances.

For most Indians, sending money to the United States can be a highly complicated task. So, if you are looking for ways to transfer money to America, here are some methods that might prove useful.

Wire Transfer

This method is also known as SWIFT (Society for Worldwide Interbank Financial Telecommunication) transfer. As the name implies, SWIFT is the fastest offline mode of money transfer through Indian banks. For this:

  • Visit your bank branch and fill up the SWIFT transfer form. Details that need to be provided in the form include the name of the beneficiary, account number, address of bank, and SWIFT code.
  • After submission of this form, money will be debited from the source account and get credited to the beneficiary’s account within 72 hours.

Indian banks that provide SWIFT facility are Axis Bank, PNB, Yes Bank, HDFC Bank, City Union Bank, Federal Bank Limited, Indian Bank, Union Bank of India and IndusInd Bank, Bank of India and ICICI Bank.

Recommended Plans

⭐⭐⭐⭐ Atlas America 100% Coverage, Comprehensive plan
⭐⭐⭐ Safe Travels USA 100% Coverage, Comprehensive plan
⭐⭐ Patriot America Plus 100% Coverage, Comprehensive plan

Compare Plans

PayPal Transfer

This is a very popular and simple method of transfer funds around the world. Just create a PayPal account and link your bank account to it. Your email address will be your PayPal account number. You can now log into your PayPal account and send money to a US-based PayPal account via the “Send Money” option. The exchange rates will depend on the day the transfer is made.

Note: There have been some recent changes in the PayPal usage regulations by the RBI. So, check with PayPal customer care before you carry out any transaction.

Demand Draft

The method to transfer money through demand draft is the slowest and should be chosen as the last resort. To use this facility, you need to visit your bank branch and get a demand draft made of the amount that is to be transferred. This demand draft will be made in US dollars and the equivalent Indian rupees will be debited from your account. Bank charges for making the draft range between ₹200 and ₹600. This draft will be sent via post and will reach the recipient in 7 to 10 working days.

Additionally, you will need to bear the complete postal charges and there is no tracking facility available for this service.

For Travelers: Carry Cash on your Flight

If you are an Indian traveling to the US and wish to bring some money along, here is something that you should know.

  • The RBI allows Indian residents to carry a maximum amount of ₹25,000 per person while traveling abroad.
  • For persons other than Indian residents, the entire unspent amount brought into India by them can be taken out of India.

While there are a number of ways to transfer money to the US, you should pick the one that suits your requirement. The method that you feel provides safe and quick transfer of your hard-earned money should be given priority over others.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Related Topics
  • First Time Traveler to USA
  • US Immigration
Previous Article
USA Travel Checklist
  • US Travel Tips

Can a New-born Baby Get US Visa?

  • January 23, 2019
  • Staff
View Post
Next Article
Canada Visitor Visa Application Process for Indians
  • US Travel Tips

Canada Visit Visa Application Form and Process for Indians

  • April 10, 2019
  • Staff
View Post
  • Benefits of Immigration in the USA
  • 21 Cheapest & Affordable Colleges in USA for International Students
  • How do I get a replacement Social Security Card for my child online
  • 20+ Fun Things To Do In California
  • Where to Find a Public Notary Near Me?
  • What Is The Visa For Parents To Visit Their Children In USA
  • How To Apply For Canada Student Visa
  • Can You get US Citizenship after Student Visa
  • Can you work in the US with an F1 Student Visa?
  • How to find colleges in the USA for higher studies
Compare Insurance Plans
  • B1 B2 Visit Visa
  • FAQ
  • H1B Visa
  • Life in USA
  • Spouse Visa
  • Students in USA
  • Travel Insurance
  • Travel News
  • US Immigration
  • US Immigration News
  • US Travel Tips
  • USA to India Travel
  • Visa
  • Visit USA
  • Visiting Parents

Recommended Travel Plans

1. Atlas America
2. Safe Travels
3. Patriot America
India USA Travel
  • About Us
  • Contact Us
  • Legal Disclaimer
  • Privacy policy
Your travel guide to USA.

IndiaUSAtravel.com is an online portal dedicated to topics related to travel and immigration to the USA from India. Information shared on this website is for educational purposes only and should not be taken as legal advice.

For any legal help or advice, we recommend hiring a qualified professional immigration attorney.

Disclosure: Content may contain sponsored links to partner programs and affiliates, which may earn us a commission from sales generated, at no additional cost.

© Blogitivity Media FZ LLC,
Ajman Media City UAE.

  • Twitter
  • Instagram
  • Facebook Page

Recent Posts

  • Benefits of Immigration in the USA
  • 21 Cheapest & Affordable Colleges in USA for International Students
  • How do I get a replacement Social Security Card for my child online
  • 20+ Fun Things To Do In California
  • Where to Find a Public Notary Near Me?
  • What Is The Visa For Parents To Visit Their Children In USA
  • How To Apply For Canada Student Visa
  • Can You get US Citizenship after Student Visa
  • Can you work in the US with an F1 Student Visa?
  • How to find colleges in the USA for higher studies
  • Free Application for Federal Student Aid (FAFSA) – Complete Guide
  • How to Get US Student Visa from India
  • Can You Become a US Citizen with a Student Visa
  • How To get a US Student Visa
  • B1 B2 Visit Visa
  • FAQ
  • H1B Visa
  • Life in USA
  • Spouse Visa
  • Students in USA
  • Travel Insurance
  • Travel News
  • US Immigration
  • US Immigration News
  • US Travel Tips
  • USA to India Travel
  • Visa
  • Visit USA
  • Visiting Parents

Input your search keywords and press Enter.