Transferring money to India

inspi · 2015-05-11T03:09:02+02:00

Explore safe and affordable methods for transferring money to India from Ho Chi Minh City. Share tips and experiences with banking options.

inspi New member

Member since 07 March 2013

inspiNew member11 May 2015 01:09:02

Hi All,

I am in need of transferring money to India. Could anyone suggest me the safest and cheapest option?

I have once tried doing it by MoneyGram and they charge whooping 30USD for single transaction.

Thanks in Advance

Guest2023 Guest

Guest2023Guest11 May 2015 01:59:19

Cheapest is via a bank, as long as you can show that you bought the money into VN.

inspi New member

Member since 07 March 2013

inspiNew member11 May 2015 03:49:09

Its my salary account, the same money I have to transfer. Could you be clear with what you mean by 'Via a bank transfer'? TIA

Guest2023 Guest

Guest2023Guest11 May 2015 03:52:48

Sending out money that has been earned as a salary is a totally different thing, go and ask your bank whatcan be done,it will be difficult.

inspi New member

Member since 07 March 2013

inspiNew member11 May 2015 03:56:47

Why should it be difficult? I dont understand this. I have sent money before, it's just that I am looking for cheaper options now

Guest2023 Guest

Guest2023Guest11 May 2015 04:00:17

I would suggest you go talk to your bank, you will get better answers there than on a forum

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senwl Serial expat

Member since 02 August 2013

senwlSerial expat11 May 2015 05:41:48

820

Sending money from salary a/c shouldn't be a problem via bank transfer. Hope you have all the legal papers (WP etc.) in order to prove your legit earning in Vietnam.

Check with your bank . The bank charge should be around $20. There might be a cap on the amount聽 you can transfer from your salary a/c. They keep changing these things quite often.

Also, you might have to put some 'excuses' on why you want to send the money out..

Dong is currently being devalued against $$, so expect more hassle in sending the $$ out of this country.

Bank transfer is the cheapest legit option for you.