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How long does it take to transfer money from Singapore to India?
How long does it take to send money from Singapore to India? On many popular routes, Wise can send your money within one day, or even within seconds.
Do I need to pay tax if I transfer money to India?
There is also an aspect of taxation to the money being sent to India. ... In such a case, you do not need to pay taxes on the amount sent. Even if the money is being sent as a wedding gift or inheritance, it is not taxable. However, if an NRI transfers money to someone not related by blood, then there is a tax aspect.
Is Transferwise legal in India?
Transferwise - is definitely not illegal in India. On the contrary- we're approved over there by the Reserve Bank of India for facilitating outward remittances from India under the guidelines set out by RBI.
Sending money to India from Japan? Send money to your friends or family in India at a great rate. Low fees, fast transfers. Use our calculator to tell us how much money you want to send, and where you want to send it.
Sending money to India from Germany? Send money to your friends or family in India at a great rate. Low fees, fast transfers. Use our calculator to tell us how much money you want to send, and where you want to send it.
Sending money to India from Malaysia? Send money to your friends or family in India at a great rate. Low fees, fast transfers. Use our calculator to tell us how much money you want to send, and where you want to send it.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.