Here is the answer:
Xoom is a service which helps you get money directly to your bank account (which supports electronic transfer) in 2 - 4 business days..
It asks you to first transfer money to its PayPal account.
The fees is $8 - $15 depending upon the amount.
The USD to INR rate is pretty good..Around 41.54 today.
The advantage is only the time and direct deposit to the bank.
PayPal takes a month to reach to India. |