Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's INR to BOB (Indian Rupee to Bolivian Boliviano) exchange rates

India
Bolivia
INR

Interbank Exchange Rate: 1 INR = 0.0761 BOB
Updated about an hour ago

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All you need to know about Indian Rupee to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from India to Bolivia. Send money overseas to your loved ones by comparing Indian Rupee (INR) to Bolivian Boliviano (BOB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from India.

Were you looking to send money from Bolivia to India instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest INR to BOB Conversion Rates

Here are some latest INR to BOB (Indian Rupee to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 INR0.08 BOB
5 INR0.38 BOB
10 INR0.76 BOB
25 INR1.90 BOB
50 INR3.81 BOB
100 INR7.61 BOB
150 INR11.42 BOB
200 INR15.22 BOB
250 INR19.03 BOB
300 INR22.83 BOB
400 INR30.44 BOB
500 INR38.05 BOB
600 INR45.66 BOB
700 INR53.27 BOB
800 INR60.88 BOB
1,000 INR76.10 BOB
1,500 INR114.15 BOB
2,000 INR152.20 BOB
2,500 INR190.25 BOB
3,000 INR228.30 BOB
4,000 INR304.40 BOB
5,000 INR380.50 BOB
10,000 INR761.00 BOB
15,000 INR1,141.50 BOB
20,000 INR1,522.00 BOB
30,000 INR2,283.00 BOB
40,000 INR3,044.00 BOB
50,000 INR3,805.00 BOB
100,000 INR7,610.00 BOB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Bolivia from India?

There are many good choices when it comes to sending money from India to Bolivia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Indian Rupee to BOB money transfers.

We compare different remittance companies to bring you the best options to send money to Bolivia from India. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Indian Rupee to Bolivian Boliviano money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from India to Bolivia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your India to Bolivia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your INR to Bolivian Boliviano international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Indian Rupee to Bolivian Boliviano exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from India to Bolivia?

One of the most important things to watch out for is hidden fees when sending money to Bolivia from India. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bolivia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bolivian Boliviano foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best INR to Bolivia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bolivia from India.


Should I use my bank to send money from India to Bolivia?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low INR to BOB exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on India to Bolivia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Bolivia from India. They do this by letting you fund your transaction through your local bank account in India, and by allowing you to choose the payout to be your recipient's bank account in Bolivia. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Bolivia from India fast?

The speed of your Indian Rupee to Bolivian Boliviano funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert INR to BOB. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Bolivia from India is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Bolivia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BOB into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than India bank to Bolivia bank transfer.


Which are the best money transfer companies to transfer money from India to Bolivia?

Since the Indian Rupee to Bolivian Boliviano money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in India that may also be able to send money to Bolivia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your INR to BOB money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Bolivia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next India to Bolivia transaction.


Step by step guide to send money to Bolivia from India

Follow the below easy steps to send money to Bolivia from India.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your India bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Bolivia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your INR to BOB remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.