Skip to main content
edited title
Link

Transfer money in my US account and cash with me to brother's Non Resident External (NRE) Account in India

edited tags
Link
Dheer
  • 57.2k
  • 18
  • 89
  • 170
Source Link

Transfer money in my US account and cash with me to brother's Non Resident External (NRE) Account in India

I'm a student in US on F1. I want to send 2k$ in my US account to my brother's State Bank of India NRE(Non Resident External) in India. There is NO rush in sending this money.. as in the money need not reach immediately. How do I send this amount without loosing much on conversion, etc. This is a special case because of the NRE account type. Also, I can increase the transfer amount to 5.5k to save on conversion money. I want to know how should I send this money: online/DD/check... etc.