Question 1

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

Accepted Answer

There are many good choices when it comes to sending money from India to Portugal. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Portugal 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 Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.

Question 2

How to get the best rate to transfer money to Portugal from India?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Portugal from India. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your INR to Euro money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the India to Portugal corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Portugal 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 Portugal using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best INR to Portugal 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 Portugal from India.

Question 4

How to send money from India to Portugal through a bank?

Accepted Answer

Big banks in India are known to make a lot of money by charging high fees on Portugal money transfers from India. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a INR to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Portugal. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from India to Portugal. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.

Question 5

What is the fastest way to do a money transfer to Portugal from India?

Accepted Answer

The speed of your Indian Rupee to Euro 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 EUR. 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 Portugal 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 Portugal 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than India bank to Portugal bank transfer.

Question 6

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

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from India to Portugal, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Indian Rupee to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Portugal. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Portugal getting more money for every Indian Rupee you send.

Question 7

Step by step guide to send money from India to Portugal

Accepted Answer

With so many possible ways to transfer Indian Rupee to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your India to Portugal remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in India and the receiver in Portugal. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your INR to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 INR	0.01 EUR
5 INR	0.05 EUR
10 INR	0.09 EUR
25 INR	0.24 EUR
50 INR	0.47 EUR
100 INR	0.94 EUR
150 INR	1.41 EUR
200 INR	1.88 EUR
250 INR	2.35 EUR
300 INR	2.82 EUR
400 INR	3.76 EUR
500 INR	4.70 EUR
600 INR	5.64 EUR
700 INR	6.58 EUR
800 INR	7.52 EUR
1000 INR	9.40 EUR
1500 INR	14.10 EUR
2000 INR	18.80 EUR
2500 INR	23.50 EUR
3000 INR	28.20 EUR
4000 INR	37.60 EUR
5000 INR	47.00 EUR
10000 INR	94.00 EUR
15000 INR	141.00 EUR
20000 INR	188.00 EUR
30000 INR	282.00 EUR
40000 INR	376.00 EUR
50000 INR	470.00 EUR
100000 INR	940.00 EUR

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