{"id":1198,"date":"2022-01-13T16:30:59","date_gmt":"2022-01-13T11:00:59","guid":{"rendered":"https:\/\/remit.moneyhop.co\/?p=1198"},"modified":"2024-07-19T12:37:51","modified_gmt":"2024-07-19T07:07:51","slug":"inexpensive-ways-to-send-money-abroad-from-india","status":"publish","type":"post","link":"https:\/\/new-dev.moneyhop.co\/blog\/inexpensive-ways-to-send-money-abroad-from-india\/","title":{"rendered":"Inexpensive Ways To Send Money Abroad From India"},"content":{"rendered":"\n

Are you looking for an affordable way to send money internationally<\/a> from India? It can be quite challenging to find an option due to the increasing demand for cross-border money transfers. Sending money abroad from India can often be expensive and time-consuming, which can make the process staggering for individuals. There are known methods that minimize expenses when transferring money overseas from India. It’s important to note that traditional banks often impose exchange rate fees along with transfer charges, resulting in inflated overall costs. On the other hand, modern money transfer solutions offer a budget-friendly way to send funds to foreign destinations without facing excessively high exchange rates. This brief guide will walk you through the three best alternatives to transferring money abroad at relatively lower exchange rates than a bank.<\/p>\n\n\n\n

<\/span>1. moneyHOP<\/strong><\/span><\/h3>\n\n\n\n

moneyHOP is a full-stack cross-border neobanking solution that enables individuals and businesses to Send and Spend money conveniently and economically across the globe at any given time. The company provides a unified interface through which users can seamlessly transfer money between multiple accounts at a near-IBR rate. moneyHOP aims to simplify international banking procedures and help India go global. However, this isn\u2019t the only reason that will make moneyHOP a reliable banking solution in 2023. You can also use it to lock in lower exchange rates in advance and avoid a hefty fee while sending money abroad<\/mark>. In fact, you can lock in these exchange rates as early as a month before you have to make the transfer.<\/p>\n\n\n\n

<\/span>Why should you choose moneyHOP for sending money abroad?<\/strong><\/span><\/h4>\n\n\n\n