How to Transfer Money from USA to India

Open NRI Savings Account

As a Non-Resident Indian (NRI) living and working in the USA, one of the common financial needs is to send money to India from the USA. This can be for multiple reasons such as supporting family, managing investments, or meeting other family obligations. In this article, we will cover the different ways of transferring money from the US to India, and help you find the right way for you.

Best Ways to Transfer Money from USA to India

When transferring money from the US to India, it’s essential to select the option that best suits your needs. Here are some of the most common methods of money transfer from the USA to India.

Online Money Transfer Services

Digital platforms offer speed and convenience when you remit to India. Online money transfer services offer transparency in terms of transaction fees and exchange rates, along with the ability to track the fund transfer in real time.

Using these services is also simple, just register on the platform, enter recipient details such as bank account number and Indian Financial System Code (IFSC), specify the amount and select the payment method.

Bank Wire Transfers

If you are planning to transfer money to India for purposes such as investments or other high-value remittances, consider a wire transfer from the USA to India through a bank. This transfer takes place using a payment network such as the international SWIFT network. Bank wire transfers are regulated, encrypted and have anti-fraud measures in place.

To initiate a money transfer to India, you will need to provide your NRE or NRO account number and the receiver’s bank name, along with the SWIFT/BIC code and branch IFSC. It is important to note that money transactions can take place within 1 to 3 business days, and there will be fees charged by sending and receiving banks.

International Demand Drafts

You can use secure, non-electronic transfers - prepaid international demand drafts, where a physical proof of payment is required. Demand Drafts are often required in cases such as university or school fees payment in India, property registration and gifting. To send an international demand draft, you have to request your bank of the US for the paper draft. Make sure to provide all required details to the bank for transferring money from the USA to India, as well as the purpose of the remittance.

Remittance Services

Remittance services are platforms designed for NRIs to send money to India from the USA securely and quickly. These types of services are essential when it comes to transferring funds for family support, bill payments or emergency funds.

Most remittance services offer digital onboarding and easy account setup, so you can easily remit to India on demand.

DBS Treasures remittance services offer a better and convenient way to send money abroad with features such as:

• Same-Day Fund Transfers – Benefit from quick remittance with funds credited to the receiver’s bank within 24 hours.
• Zero Charges - Transfer money from the US to India with preferential foreign exchange rates and zero bank fees for outward remittances.
• Global Reach: Transfers are supported across 200+ countries.
• Convenience: Transfer money using our digital platforms that let you remit to India in 3 easy steps.
• Secure and Transparent: All transfers are backed by the trust and stability of DBS Treasures, Asia’s Safest Bank.

Watch this video to know more about the DBS Treasures Remittance process and the benefits you can take advantage of while sending money abroad.

Open NRI Savings Account

 

How to Send Money to India from USA

Whether you are remitting money for family or paying bills, sending money from the US to India is now simpler than ever. From online remittances to wire transfers from the USA to India, there are a few dependable options to send money to India fast and securely.

Step 1: Select Money Transfer method from the US to India

Popular ways to remit money to India are:

• Online money transfer companies.
• USA to India wire transfer through your bank.
• International demand drafts

Step 2: Enter Recipient and Payment Details

Provide recipient information such as account number, IFSC code and other details required based on the service you use. Fund the transfer payment through a bank account, debit, or credit card.

Step 3: Send and Track

Verify the information and send the money transfer from the USA to India. Transfers can take a few business days, depending on the transfer method.

Make the most of your remittances with a DBS Treasures NRI Savings Account, designed for global Indians who value premium service and seamless banking.

Also Read: Remittance Transfer

Important Things to Know Before Transferring Money

Here are five key factors to consider before transferring money from the US to India:

Starting January 1, 2026, a US remittance tax applies to all money transfers from non-US citizens or nationals; there’s no exemption limit, and the tax is deducted by the transfer provider at the time of remittance.

• Banks and money transfer services may require identification details of the recipient, and documentation showing the purpose of the transfer.
• For compliance, transactions over $10,000 are subject to additional scrutiny and reporting; ensure the transfer aligns with both US and Indian regulations to avoid legal or tax issues.
• Compare providers for transfer fees, exchange rates, and settlement times (usually 1–5 business days) to maximise the amount your recipient receives.
• There’s no strict limit for non-residents receiving money into India but sending larger amounts or for special purposes (like investments) might need extra documentation or RBI approval.

How Long Does It Take to Transfer Money from the USA to India?

The time it takes to transfer money from the USA to India depends on the method you choose. While online services and bank transfers are commonly used, factors like processing hours, recipient bank, and service type can impact the delivery time. For faster transfers, it's best to opt for providers offering real-time or same-day remittances.

Here’s a quick comparison of typical transfer durations:

Common Questions Around Money Transfer USA to India

Listed below are some common questions which are frequently asked when sending money from the USA to India.

Is It Safe to Transfer Money Online?

Yes, online transfers are safe when done through regulated and trusted platforms. Always verify the provider’s credentials and use secure networks.

Is money transferred from the USA to India Taxable?

No. Remittances to India are not taxable for the recipient. The person receiving money in India does not pay any tax. However, from January 1, 2026, a 1% tax may apply to certain remittances sent from the USA if the sender is a non-US citizen and uses cash, money orders, or similar instruments. Transfers from US bank accounts or US-issued debit or credit cards are not subject to this tax.

How many dollars can I transfer to the USA from India without tax?

Under the Reserve Bank of India’s Liberalized Remittance Scheme, you can send up to 250,000 US dollars per financial year from India without incurring any Indian tax. This limit remains unchanged and is separate from any new tax rules introduced in the USA.

Read More: Outwards Remittance Rules & Charges

Open NRI Savings Account

Conclusion

Remitting money from the USA to India is easier, more convenient, and safer than before. With the proper method, you get the benefit of cost savings on fees as well as quick money transfer. For hassle-free, same-day transfers with no charges, use DBS Treasures Remittance Services, designed for NRIs who appreciate effortless banking, worldwide access, and reliable service.