There are several ways to send money from Oman to India. The table below shows the charges and time it takes to send money from Oman to India. Please select the best option depending on your needs.
Money Transfer Operators: Money transfer operators (MTOs) are financial companies (but usually not banks) engaged in cross border transfer of funds using either their internal system or using their collaborations with other international banking networks. Eg: Wise, Western Union.
SWIFT: Society for Worldwide Interbank Financial Telecommunication (Offline money transfer facility that can be availed at bank branches overseas)
Foreign Currency Demand Drafts: A form of demand draft made in foreign currency at various bank branches located overseas to remit money to India. The equivalent amount in INR will be debited for remittance.
Time and Charges
|Place||Internet/Mobile Banking||Money Transfer Operators||Agents||Foreign Currency Demand Draft||SWIFT Transfers|
|Oman||1-2 days |
2 OMR fee Total Fee Range 1.73 – 3.22 OMR
Fee 1.92 OMR + Good Exchange Rate
|Cash immediate or 1-2 days |
Fee 2.5 – 2.7 OMR + Foreign Exchange Cost
|Upto 3 working days|
Low Rupee draft making charges
Agents: Low-moderate cost and fast
Operators: Low cost and fast
Bank: Moderate Fee and time
Swift Transfers: Low cost and longer time
What is the best way to send money from Oman to India ?
The operator Paypal is the fastest and cheapest way to send money from Oman to India.
To find out how much time it takes to send money from Canada to India, click here.
To find out how much time it takes to send money from Malaysia to India, click here.
While conducting financial transactions in India, NRIs face many problems. However, now NRIs can use the SBNRI platform to get their financial queries/ complaints resolved online. You can download SBNRI App to apply for an NRI account, file taxes, invest in the Indian stock market and ask any questions related to them.