What is the most affordable and reliable option for transferring money from India to Germany ?

POSTED BY Sanket Z ON August 5, 2014 6:40 pm NO COMMENTS

Hi Finance Gurus,

Kindly advise me the best affordable and reliable option for transferring money from India any nationalized bank to German bank account with the charges incurred for the transactions.

I have checked with the SBI in which they transfer the money to the Frankfurt branch in Germany for which SBI India takes around 1000 rupees charges and then the SBI Frankfurt who is the intermediary branch also charges sone 20-30 euros.

HDFC said that they will only charge 1000 rupees for the transaction but i am not sure because the currency rate at which they do the transaction may not be some.

Request from someone expert in the community could advise me how can i process such transactions either from the banks or from the agents like Thomas cook etc.

Kindly reply soon. Appreciate your guidance.

 

Regards,

Sanket

 

 

 

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