04842886900  |    care@extravelmoney.com  |    WhatsApp Us

 Call |  WhatsApp |  Offers  Sign Up/Login

ExTravelMoney India's biggest forex marketplace!


Please enter valid amount without decimals


  • Save minimum 5% compared to your bank.
  • Get credit in less than 3 working days.
  • Transfer money from any bank.
  • Get assistance with TCS refund.
Axis Bank & RBL Bank
  • I got to know about extravelmoney.com from a friend of mine. The transaction was really simple, fast & flawless. I was impressed with their ability to meet my need, so quickly.

    - Louis T. Cherian, Bangalore

  • Complete process was very hassle free, right from choosing of exchange rate, confirmation of order and receiving money. I am sure I wouldn`t have got this exchange rate and service quality if I directly walked in to anyone of the forex vendors

    - M Aditya Karan, Hyderabad

  • The entire experience was really smooth. I selected selected a vendor who would do door delivery. Got a quote instantly and the currency delivered in few hours. Will highly recommend this service.

    - Pradeep Govindaraju, Chennai

  • I opted for extravelmoney after doing a lot of research and visiting the banks where I have my accounts. The rates are undoubtedly the best in market and the process is absolutely hassle free.

    - Peter Anand Shah, Hyderabad

  • I have used their services twice and it was a hassle free experience. I would definitely recommend to anyone who needs forex.

    - Shiva Kumar, Bangalore

  • Highly delighted. Best exchange rates and good back up support. Overall, an awesome experience. One hundred percent recommended. Hope to deal with them again.

    - Ghouse Syed, Hyderabad

  • It came as a savior to me. The biggest challenge was to find a place nearby that would do it hassle-free at a reasonable price. Extravelmoney helped a great deal with that.

    - Swati Saxena Saxena, New Delhi

  • Extravelmoney.com is a real pain killer for someone travelling abroad for the first time. Awesome service and very very fast response.

    - Manish Kumar, Bangalore

ExTravelMoney Is Rated 4.8 Stars by Trustpilot Based On Over 400 Reviews

Transfer Money from India to USA

Book Online

Compare bids from your nearest exchange houses & banks and book online

Verify KYC

Get the required KYC documents verified at home or at the nearest branch

Transfer Funds

Transfer the funds to the exchange house/bank's account as NEFT/RTGS

Get Credit!

The transfer will now be initiated and beneficiary will receive credit in 48 working hours!


Featured in

“...ExTravelMoney has tied up with forex dealers and banks. Through 4000 stores of these partners, it could access the national market....”

“...competition among the different forex providers in the platform leads to better deals for the customers...”

“...ExTravelMoney is fast becoming the single-stop point for travellers, students, and business people travelling abroad...”

Find the Best USD Rates at ExTravelMoney

  The Marketplace Edge!

Being an open marketplace for remittance, every bank & exchange house here tries to outbid others by offering competitive rates. Thus, you get best possible exchange rate & cheapest option in the market.

  Zero Commission!

We charge absolutely zero commission on every transaction. No hidden charges either! Pay directly to the chosen exchange house from your bank account, get it transferred to beneficiary account in US and receive bill for the entire amount.

  Lock Rates

USD rates can fluctuate dramatically and even the slightest variations will have considerable impact. With Extravelmoney, you can observe and lock the rate when it is favorable. You can lock the rate for as much as 2 days by paying a small fully refundable rate lock fee.

How to Send Money from India to USA?

Sending money from India to USA can be done in 4 easy steps.

  1. Enter the amount in USD you need to transfer, the purpose of remittance and click on 'get rates'.
  2. Compare rates from banks & RBI approved exchange houses. Choose any and book online.
  3. You can now share the required KYC documents for verification. Once verified, transfer the amount to the chosen bank or exchange house as NEFT/RTGS.
  4. Wire transfer will be now be initiated. The beneficiary should receive credit within 2 working days.

Modes for Outward Remittance from India to USA

What is wire transfer?

Wire Transfer (TT Transfer/SWIFT Transfer) is an electronic mode of fund transfer (through the SWIFT network & framework) with which you can transfer money from your Indian Bank account to an overseas bank account. Indian Banks and RBI approved Authorized Dealers have arrangements with over 400+ major banks across the globe to send and receive SWIFT messages which ensures safe and secure outward remittance from India.

What is a foreign currency Demand Draft?

A Foreign Currency Demand Draft (DD) is another facility for making an international money transfer for educational payments, medical fees, VISA fees or migrating to other countries etc. Demand drafts are a safe option for making international money transfers as it is made 'favouring' the beneficiary. They can be reissued if lost or stolen. DDs are either mailed by the bank which created them to the beneficiary bank abroad or can be personally deposited in the bank abroad. Either way, credit of funds to the beneficiary account happens only after the realization of the DD at the beneficiary bank. This could take anywhere between 2 to 12 days depending on how the DD is being sent abroad.

Main Purposes of Sending Money to USA

  • US Univeristy Fee Payments
  • Living Expenses of Indian Students in USA
  • As gift to a US resident
  • Remittance by tour operators to overseas agents/hotels
  • Emigration/Visa fees
  • Maintenance of Close Relatives in US
  • For Medical treatment in USA
  • Fee for participation in conferences or training

Documents Required for Money Transfer from India to USA:

Any of these documents can be required depending on the purpose of remittance.

Beneficiary details to be shared:

Benefits of making a Wire Transfer via ExTravelMoney.com


Frequently Asked Questions

1. What is the Liberalized Remittance Scheme of RBI for money transfer abroad?

The Liberalized Remittance Scheme is a facility provided by the RBI for all resident Indians including minors, to remit up to USD 2,50,000 (or its equivalent in any currency) per financial year (April - March).

The Scheme was introduced on February 4, 2004, with a limit of USD 25,000. The LRS limit has been revised over the years as per the economic conditions in India.

2. How much money can be transferred from India to the US

A Resident Indian can transfer a maximum of USD $2,50,000 or it’s equivalent in any currency from India to USA per year (check today’s US Dollar rate in India).

3. What are the different purposes of Outward remittance to the USA?
  • Private Travel to the United States of America

For private travel to the US, RBI allows any resident Indians to draw foreign exchange up to US$ 2,50,000 in a financial year from authorized dealers or fully-fledged money changers. This limit is applicable irrespective of the number of trips to the US in a financial year, as long as the total forex limit of the resident Indian falls below US$ 2,50,000. Out of this, 3,000 USD or equivalent can be taken abroad as cash (Currency) per trip. The remaining amount can be carried in forex card and/or traveller’s cheques.

In the case of arranged tours to the US, all tour related expenses including cost of rail/road/water transportation outside India and overseas hotel/lodging expenses shall be included under the LRS limit. The tour operator can collect this amount either in Indian rupees or in US Dollars from the resident traveller.

Study Abroad in a US university

Foreign exchange up to US$ 2,50,000 is permitted by RBI for the purposes of studying in the US. Amounts in excess of the limit can be released on the basis of documentary evidence of requirement like estimate received from a university abroad.

The Scheme can be used for outward remittance in the form of a DD either in the resident individual’s own name or in the name of the beneficiary with whom he/she intends putting through the permissible transactions at the time of private visit to the US, against self-declaration of the remitter in the format prescribed.

Individuals can also open, maintain and hold foreign currency accounts with a bank in the US for making remittances under the Scheme without prior approval of the Reserve Bank. The foreign currency accounts may be used for putting through all transactions connected with or arising from remittances eligible under this Scheme.

  • Medical treatment in the USA

A person going to the US for medical treatment is allowed foreign exchange up to an amount of USD 2,50,000 per FY without insisting on an estimate from a hospital/doctor. For amount exceeding the above limit, Authorised Dealers may release foreign exchange under general permission based on the estimate from the doctor in India or hospital/ doctor in the US. A person who has fallen sick after proceeding to the US may also be released foreign exchange by an Authorised Dealer (without seeking prior approval of the Reserve Bank of India) for medical treatment outside India.

In addition to the above, an amount up to USD 250,000 per financial year is allowed to a person for accompanying as attendant to a patient going abroad for medical treatment/check-up.

  • Employment in the US

A person going to the US for employment can draw foreign exchange up to USD 2,50,000 per FY from an Authorised Dealer in India.

  • Emigration to the United States of America

A person wanting to emigrate to the United States of America can draw foreign exchange from AD Category I bank and AD Category II money changers up USD 250,000. Remittance outside in excess of this limit may be allowed only for meeting incidental expenses in the US. This scheme cannot be used for the purpose of earning points or credits to become eligible for immigration by way of overseas investments in government bonds; land; commercial enterprise; etc.

  • Maintenance of close relatives staying in the USA

A resident Indian can send money to the US for the maintenance expense of their close relatives up to up-to USD 2,50,000 per Financial Year (April - March) [‘relative’ as defined in Section 2(77) of the Companies Act, 2013] abroad.

  • Gift Remittance / Donation to the USA.

Any resident individual may remit up to USD 2,50,000 in a Financial Year as a gift to a person residing in the US or as a donation to an organization in the US.

However, gift remittance can only be sent to Resident Indians, NRIs or Overseas Citizen of India (OCI).

A gift to foreigners is not possible under this scheme.

4. What is the best way to transfer money from India to the USA?

The best way to transfer money internationally from India is through “Wire Transfer/Telegraphic Transfer”.

It is fast and comparatively cheap.

This is the method used by banks and money changers in India to transfer money from India to the US.

To find the money transfer centre in your locality offering the best exchange rates and least service fees, you can use extravelmoney.com.

5. What are some of the RBI and FEMA guidelines for sending money to the USA?

These are some of the FEMA rules for sending money to Australia from India;

  • The maximum remittance limit for an Indian citizen is US$ 2,50,000 per financial year.
  • All money transfer abroad transactions should be paid through NEFT/RTGS or Online payment gateway modes such as internet banking and debit cards. Cash transactions are not accepted for money transfer abroad.
  • PAN is mandatory for sending money abroad under the LRS scheme of FEMA.

More information on RBI and FEMA Rules for money transfer abroad

Find More