Large Transfer Calculator
Sending $10,000 or more to India? See the true cost across every provider and find the optimal transfer strategy.
Why Large Transfers Need Special Attention
On a $1,000 transfer, a 0.5% rate difference costs you about $5. On a $100,000 transfer, that same 0.5% costs $500. At large amounts, the exchange rate margin matters far more than transfer fees.
Key considerations for large transfers:
- Provider limits: Many digital providers cap single transfers at $25K-$50K
- Payment method: Bank wire is often required (and sometimes cheaper) above $10K
- Regulatory reporting: US NRIs must file FBAR if foreign accounts exceed $10K at any point during the year
- TCS (India): Tax Collected at Source applies on outward remittances above 7 lakh INR under LRS
- Splitting: Using 2 providers can help you stay within per-transaction limits while using the best rate
Common Use Cases
Property Purchase
Buying property in India typically requires $50K-$500K+. Bank wire through a provider with tight spreads saves thousands vs. your bank's default rate.
NRE Fixed Deposit
Parking funds in a high-yield NRE FD? Tax-free interest at 7-8% makes INR deposits attractive — but losing 1% on conversion eats into returns.
Family Support
Recurring large transfers for family needs, medical expenses, or education. Setting rate alerts helps you time transfers for the best rate.
Investment Repatriation
Moving investment proceeds or savings back to India. NRO accounts have a $1M/year repatriation cap — plan transfers accordingly.