Read our guide on everything you need to know about sending money to India.
In this article, we’ll cover:
- Where can I send money from?
- How long will it take?
- How much can I send?
- What recipient details are needed?
- Which currencies can I send to this country?
- Which payment methods can I use?
- What is an IFSC?
- What does an Indian account number look like?
- What does an Indian BIC/SWIFT code look like?
Where can I send money from?
You can send money from any of our supported locations, as long as it is from a bank account in your name and matches your business purpose.
For example, If you hold a personal Xe account, you should only book personal transfers on here.
The funds must be settled from your personal bank account which is in the same name as your account with us.
The same applies to business transfers.
How long will it take?
It takes between 0-3 days for your money to reach Xe, depending on how you pay for your transfer. Once we receive your funds we make payment to your recipient.
From this point, it usually takes 1-4 working days for the funds to arrive. This can vary depending on the recipients bank.
We will send you a notification at each stage of your transfer so you know where your funds are.
How much can I send?
You can view our existing limits on transfers by clicking here.
What recipient information will I need?
- Their full name
- Their account number — 5 to 20 digits
- Their IFSC
- Purpose of your payment
Which currencies can I send to this country?
INR mainly, but we offer multiple currencies as long as the recipient holds a bank account for the currency being sent.
Which payment methods can I use?
You can view our current payment methods page by clicking here.
What is an IFSC?
The Indian Financial System Code (IFSC) identifies the branch where an account is held. This must be 11-digits long.
What does an Indian account number look like?
These numbers, which are used to identify a recipient's bank account, can be up to 20 digits long.
What does an Indian BIC/SWIFT code look like?
These numbers, which identify banks globally, tend to be between 8-11 characters long. They contain a country code and typically reference the bank’s name. The letters IN are used for banks in India. To find out more about BIC/SWIFT codes, click here.