[fromIndia]

Hi,

Whats the best and safest way to send the money to India

[nivantj]

U want best rate!!!!....... Go for "Hawala"
U want fastest transfer!!!... Go for Western Union or other Money exchanger in Chung King..
U want safest!!!.. Go to your bank and issue DD or send via TT/ WT..
U want regular transfer!!!.. Open NRE account with any bank in india.. IOB, CitiBank, BOI and couple of other have branches in HK..

[prashanthbk]

Hi the best way would be open a HSBC account and then u can send money electronically to your account in India. Practically this is the best way.

[Max]

Originally Posted by fromIndia

Hi,

Whats the best and safest way to send the money to India

Follow this simple procedure:

1. secure your money in a lockable bag.
2. get a plane ticket to India, take your money with you.
3. fly there. keep a close watch on it occasionally.
4. get to your destination
5. hand over the money to the recipient.



hey,...you did ask for the "best and safest way", right?

Impractical, I know.
Expensive, obviously.
Time-consuming, definitely.
Laborious, yep, sure.

other than that, you're welcome to try these:
1. http://www.westernunion.com/info/selectCountry.asp
2. http://www.moneygram.com/
3. use your own banking service to do so.

[fromIndia]

Hey Max, if someone rob me on flight then. its not the safest.. any more suggestion

[seamale]

You can send money using PayPal.

[pebble]

Max's idea, with a slight modification, could work very well. Hire a bodyguard, wrap the money in comdoms and swallow. Better still, get the bodyguard to swallow. Don't forget also that female bodyguards have extra luggage capacity. Hire a double as a decoy for added security.

Alternatively, fold notes into paper darts and launch them in the direction of India from the top of my apartment :-D I do it all the time, honest!

Now, where did I leave my butterfly net?

[mercury_element]

Open an NRI account in Citibank or ICICI or some other bank.....

[kombuchakid]

I have recently been converted to using Western Union. takes under an hour and costs $200+

Before this I used to go to SBI and get a demand draft, which takes 10-15 days by registered post. costs $80

Before that I used to go to SBI and send a wire transfer, which took a week. costs $160

Before that I used to go to HSBC, but lousy rates and long delay, about 20 days
and the fact that they were closing branches made me quit.

[In HK]

As already been suggested it is very true that transferring through HSBC is a very good option. Having an a/c with HSBC in HK as well as an NRE a/c with them in India gives you the opportunity of wire transferring the money absolutely free of charge and it takes a day or maximum two. Its better if you opt to send HKD and get them converted once its in your a/c in India and that way you'll get a better rate than changing here and sending INR.