How to Send Money to India
What is GBP to INR?
If you are an Indian expat living in UK, knowing GBP to INR rate is a must know skill. We’re not talking about intelligence of a chess player, we’re talking about numbers. Because you don’t want to lose money due to bad exchange rates.
A better rate means more money for your family, and your mom might get the cutlery set she has been eyeing. Or your younger sibling can go to their dream college they were putting off because of the high fees.
When you send money you want to avoid hidden fees, unreliable services and fluctuating rates. You want to get the best exchange rate out of GBP to INR. Luckily we have the inside scoop on how to make the most of your money transfers.
This guide will show you how to send GBP to INR without the hassle. How’s that for a win-win?
Why do we need to calculate GBP to INR daily?
Bet me, your most searched phrase is GBP to INR today, and that should be. Keeping an eye on daily GBP to INR rate is more than a financial habit—it can save you real money.
Currency markets are like a seesaw, always up and down due to various market factors. UK businessmen who send money to India might wait for a few days to get a better rate. They also rely on GBP to INR forecast. The Forex market handles over $6.6 trillion daily. Each transaction in this massive market can move the rate slightly.
Though you can’t make an exact GBP to INR forecast, you can always get an educated guess from an expert like TangoPay. You can convert GPB to INR today rate.
Why Timing Matters?
Timing matters, whether it’s about proposing to your loved one or you want to send money to India from UK. You want to have the right circumstances!
When pounds are strong against rupee, your recipient will get more money for the same pounds. But you’ll lose some money if you want to convert INR to GBP.
Similarly if you want to send money to India from UK as a businessman you should wait for a few days for a better rate and rely on GBP to INR forecast because a higher rate of GPB to INR might affect your cost or ROI.
And don’t forget a bad rate can nullify a good transfer fee. So, searching helps you make the most of every pound you spend or invest.
In short, you need to check GBP to INR today rates to stay on top.
Send Money to India
TangoPay
When you want hassle free, fast and easy money transfers one name can give you all, i.e., TangoPay. With customer first approach this remittance service offers features that will make your life easier. At Tangopay, we keep fees minimal so more money is available to spend or send.
The user friendly mobile app available for Android and iOS makes global transactions easy. It’s not only about convenience; it’s about providing a reliable and secure platform for money transfers. For any queries or issues the customer support team is always available to respond quickly and helpfully.
Bank Transfers
Banks are often considered the safe option for money transfers but they come with their own set of problems. While they are widely accepted and universally recognized as the standard for secure transactions they often fall short of offering competitive rates. Banks charge higher fees especially for international transfers.
These fees can add up quickly and take more of your money than you expected. And if you need to get that money to your recipient fast, banks might not be the quickest option. Delivery times can be slower so your funds might take time to reach the destination.
When you add them all up TangoPay beats the competition and is the best option to send money from UK to India.
How to send money to India with TangoPay?
Sending money to India is a breeze when you use TangoPay’s super easy mobile app. Whether you are a first time or regular user our app makes it easy. Here’s how:
Download the App
First of all if you haven’t already go to Google Play Store or Apple App Store and download the TangoPay app. It has 4.5 star rating and thousands of users have reviewed it.
Signup for FREE
Once you have downloaded the app open it and signup. Yes you read that right it’s free to signup! You will need to enter your email and some basic info and you will be done in a few minutes.
Check the Exchange Rate GBP to INR
Before you send check the current exchange rate GBP to INR in the app. We update our rates in real time.
Select Recipient Country: India
There you go you get a GBP to INR rate against the amount you want to send. No hidden fees we are transparent about the costs and give you a breakdown. India is one of the 70+ countries we serve so you are in good hands.
Go to ‘Send Money’ in the app.
Add Recipient Details
Next add recipient’s details such as his name, account number etc.
Last but not least double check the recipient’s details, hit send and you are done! You will get a confirmation notification in the app.
Time for Each Step
- Account Creation: 2-3 minutes
- Check GBP to INR rate: Immediate
- Add Recipient: 1-2 minutes
- Send Money: Immediate
So there you go! Sending money to India with TangoPay is easy. If you haven’t tried it yet download the app and join our happy users.
Why TangoPay is best for sending money to India
If you are looking for a secure way to send money to India from UK use TangoPay. TangoPay is a new online money transfer service that offers you:
Fee-free
TangoPay offers three months of fee-free transfers to new users. So your loved ones can get the same amount you send without any cuts or hidden charges. You can save up to £45 in your transfer fees compared to other providers.
£10 referral bonus
When you refer your friends and family to TangoPay you can earn £10 for each successful referral when they send £100. You can use this bonus to send more money to India.
You can also share the benefits of TangoPay with your loved ones and help them save money on their transfers.
No hidden charges
With TangoPay you don’t have to worry about extra charges and hidden fees that might surprise you. Your recipient will get the same amount you will send.
You can turn on notifications and you will be notified of the status of your money in motion.
TangoPay’s Features
Instant transfers
With TangoPay you can send money instantly to anyone with an IMPS supported bank account. IMPS is a real time interbank payment system that operates 24/7. No need to wait hours or days to complete the transaction. Enter the amount and the recipient’s mobile number and TangoPay will do the rest.
UPI feature
You can also use the UPI feature to make payments easier and faster. UPI is a unified payment interface that links multiple bank accounts to a single ID. TangoPay will fetch the recipient’s details from their UPI ID so you don’t have to enter them manually.
Competitive Rates
TangoPay works hard to give the best rates to its customers. The rate is the game for international transfers. Your recipient can get the most out of your transfer with our competitive rates.
High Transfer Limits
We know money transfers are from small to big amounts. That’s why we are flexible with transfer limits.
- Local or SWIFT Transfers: You can send up to £10,000 per transfer.
- TangoPay Account Balance: You can send up to £50,000 per transfer when you use funds from your TangoPay account balance.
Unbeatable Customer Service
Customer is our top priority. You can reach our customer service team through:
- Email: support@tangopay.co.uk
- Live Chat: Chat with us on our website.
GBP to INR forecast
The GBP to INR rate is the value of one British Pound in Indian Rupees. Economy, politics, trade relations and market trends affect the rate.
Some sources predict there is a chance of rate increase from GBP to INR in the next two years, But a lot depends on actual events and market trends.
Some of the factors that will affect the GBP to INR rate in 2023 and 2024:
- Brexit impact on UK economy and trade with other countries especially with the European Union.
- COVID-19 pandemic and its impact on Indian economy.
- Interest rates and other policies of Bank of England and Reserve Bank of India.
- Geopolitical factors and events.
- Demand and supply of both currencies in the global market.
Currencies
When sending internationally, knowledge of currency matters. The strength of your currency can impact your trade and remittance. Here are the world’s top currencies by value against USD.
Conclusion
Whether you’re sending to family, invoices or any other payment, you need to know the remittance process.
If you know your options you can choose the best one.
TangoPay is the best for transfers from UK to India. When you choose TangoPay you get:
- Free Transfers: For new users.
- £10 Referral Bonus: Know someone who sends money to India regularly? Get them to use TangoPay and you’ll get £10.
- No Hidden Charges: Complete transparency so you’re never surprised.
- Best rates: We choose rates to get you the most British Pounds. We’re not talking about numbers, we’re talking about chess. This is important because you don’t want to lose money due to bad exchange rates.
- High Transfer Limits: Flexible limits according to your remittance needs.
- Email: Or email support@tangopay.co.uk.
- Chat: For live support.
So what are you waiting for? Sign up with TangoPay today and make your UK-to-India money transfers easy. You can send money to India in minutes with us.
FAQs
How safe are TangoPay’s transfers?
TangoPay uses encryption for secure transactions and data protection. It’s fast transfers and many more.
What is the INR to GBP exchange rate today?
Check the daily rate exchange of INR to GBP at TangoPay’s website and app.
How long does it take for a transfer to India with TangoPay?
Most TangoPay transfers are fast but times may vary depending on the method chosen.
Why choose TangoPay over others for sending money to India?
TangoPay has competitive rates, transparent fees, user friendly interface and referral program making it the top choice for international money transfers.
UK businessmen who send money to India may choose to wait for a few days to get a better rate. They can trust the GBP to INR forecast.
