Question 1

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

Accepted Answer

There are many good choices when it comes to sending money from Yemen to India. 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 Yemeni Rial to INR money transfers.

We compare different remittance companies to bring you the best options to send money to India from Yemen. 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 Yemeni Rial to Indian Rupee 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 exchange rate for sending money from Yemen to India?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to India from Yemen. 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 YER to Indian Rupee 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 Yemen to India corridor to give you more good choices for your next INR 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 from Yemen to India?

Accepted Answer

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

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

Question 4

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

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Yemen to India. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the YER to INR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Yemen bank for your India money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

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

Accepted Answer

If you need to convert YER to INR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Yemen to India could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Yemeni Rial to Indian Rupee funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to India.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Yemen to India. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

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

Accepted Answer

Comparing money transfer companies for sending money to India from Yemen can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to India. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Yemeni Rial to Indian Rupee transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Indian Rupee yield on every Yemeni Rial that you send.

Question 7

Step by step guide to transfer money to India from Yemen

Accepted Answer

There are many important aspects of Yemen to India remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Yemen bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include INR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Yemeni Rial amount you want to send from Yemen.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in India to validate that they get the money once the transaction clears.

1 YER	0.39 INR
5 YER	1.94 INR
10 YER	3.89 INR
25 YER	9.72 INR
50 YER	19.43 INR
100 YER	38.86 INR
150 YER	58.29 INR
200 YER	77.72 INR
250 YER	97.15 INR
300 YER	116.58 INR
400 YER	155.44 INR
500 YER	194.30 INR
600 YER	233.16 INR
700 YER	272.02 INR
800 YER	310.88 INR
1000 YER	388.60 INR
1500 YER	582.90 INR
2000 YER	777.20 INR
2500 YER	971.50 INR
3000 YER	1,165.80 INR
4000 YER	1,554.40 INR
5000 YER	1,943.00 INR
10000 YER	3,886.00 INR
15000 YER	5,829.00 INR
20000 YER	7,772.00 INR
30000 YER	11,658.00 INR
40000 YER	15,544.00 INR
50000 YER	19,430.00 INR
100000 YER	38,860.00 INR

Compare today's YER to INR (Yemeni Rial to Indian Rupee) exchange rates

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