NextBillion.net - Development Through Enterprise - Remittances Activity - Comments

The rates show 83.13 but one

Anonymous — Wed, 18 Jun 2008 11:20:14 -0500

The rates show 83.13 but one of the person Hema has manipulated and paid me 82.68 she is big cheat. i have the proof and i need to contact these people

Dear Mr.Rao Your review on

Manali Shah — Fri, 06 Jun 2008 11:07:59 -0500

Dear Mr.Rao Your review on money transfer was thought provoking. Next time when you do money transfer please take a look at www.uaeexchange.com. The USA office is at 1433 Oak Tree Road Iselin NJ and you can reach on toll free at 1866 372 3874. The exchange rates are fixed and what ever rate committed at the time of transaction will be credited to your account. In addition to account credit we also offer cash pick up at 1000’s of locations in India. The turn around time for account credit is 3 days and it is instant for cash pick. For more details you can mail me at manali@moneydart.com or talk to me directly at 732 404 0774. Regards Manali Shah

Lost money

saravana — Thu, 22 May 2008 17:34:58 -0500

I did a transaction of $1000 once ,but i was shocked to see that the transaction has been made twice in my US account and reached overdraft. I had to pay $26 dollor for the bank and the customer service of remit2india sucks...they dont respond at all. Finally they have disabled my account.I am following up

Money2India is great

Hitesh — Mon, 31 Mar 2008 01:40:58 -0500

I have used ICICI money to India and found it very efficient and reliable. I have used them atleast 10 times and got good service all the time. Http://sendingmoneytoindia.blogspot.com is my blog and has good information and also comparison of various services for sending money to india.

Sending money to India

Anonymous — Mon, 17 Mar 2008 11:26:56 -0500

I really need to send money to Inida but, I have read bad bad experiences with Wester Union and Remit2india can anybody tell me how I can send money to India safely? Hopefully over the internet? Needs to get there ASAP. Thanks.

Prepaid credit cards

Jeff Mowatt — Tue, 04 Mar 2008 12:27:57 -0500

I can suggest something which may help. Having many problems with a major organisation called Ikobo, whose attitude toward those of us trying to fund social missions leaves much to be desired, I began to investigate prepaid credit cards and found the result favorable. Finding that even the suppliers hadn't considered this as market, I opened a Facebook group for discussion and raising awareness. http://www.facebook.com/groups/edit.php?members&gid=6381579023 Jeff

REmit2India problem

DesiGuy — Sat, 01 Mar 2008 16:01:09 -0500

My problem with Remit2India are blogged online http://www.garamchai.com/articleRemit2India.htm After googling, I realize that I am not alone in the problem with the firm!

goto http://core.nic.in

Anonymous — Mon, 28 Jan 2008 00:45:56 -0500

goto http://core.nic.in -they should be able to help. Also write to indiatogether.org so that they can do a story on these fraudsters

remit2india consumer problems

Anonymous — Mon, 28 Jan 2008 00:41:20 -0500

use the services of http://core.nic.in the consumer portal of the GOI

Transaction details missing in status tracker in remit2india

Ananda Reddy — Sat, 26 Jan 2008 11:43:39 -0500

Hi I made a transfer 5000 dollars on Jan 22 , money got debited from my usa account on Jan 24 , when i checked the status on remit2india , i could able to see the transaction till Jan 25 5 PM EST, when i tried to check the status on Jan 26,2008 9 AM , that transaction is missing in the website.Immideately I called up helpdesk for details, the response from help desk is really pathetic, they are simply saying I didn't booked any transaction,after repeated calls one of the help desk guy says there is a technical problem in R2I causing this problem and asked me to send a mail to info@remit2india.com for further details , I am not sure whether my case will be solved soon, If any one knows how to reach the higher level for details , let me know. Do let me know how to file a case against R2I in case my case is not resolved

About taking Remt2india Services or not..

Andy Brown — Sat, 26 Jan 2008 00:15:09 -0500

Well I think now I too am thinking otherwise. After reading your reviews I think better is to cancel my remit and am using icici bank,it is good.I am in UK right now.

How to file a complaint

Anonymous — Sat, 29 Dec 2007 11:29:27 -0500

Friends, I am going through tough time with remit2india and I have transftered over $20,000 after 3 weeks the money has not reached my NRE Account. The customer service is so pathetic they keep saying give us 24 hour notice we would find the status. Every time new customer rep would be handling your call but the same answer (24 hours time). Do you know how to file a complaint and get the money back from them ? Please put the link or procedure in the thread so people can follow. They never respond to my emails if I send it to info@remit2india.com but the customer service would ask us to send it to that email address.

Remit2India Service

Krams — Mon, 10 Dec 2007 08:52:09 -0500

This is a BS service. I could have drawn up a DD locally against SBI or any other bank in the US that does INR DDs and still could have got hte money in good time to my parnets in India. Every time the story is the delivery will be in 2-3 days once the funds are confirmed. however funds get confdirmed and debited one one date and then it has taken about 2 weeks for the money to reach India. I had avoided this service like the plague for a coupel of years. Recently I found that they had introduced something called "Rupee Express". This promised the same 2 day delivery and I decide to try once again. They also had a new "mobile alerts" to let me know what happens to the transaction via SMS. The same story but this time after two weeks the money had not reached yet. So I write to them and ask about the status. I get a response that indicates that there were some details missing in the transaction and hence the money could not be delivered and that I should update the beneficiary details. It took them 2 weeks to find out that the beneficiary details were incorrect. It appears that they have a phone number from what peopel have said here, however when I call all I get is a status update that says that the money has been dispatched. This is a ridiculuos service. Preloaded cash cards may be a better option. Even if you have to do a few of them. Now I have the long and arduos process of getting my money back from these incompetent company.

Rubbish ---emit2India

anonymous — Fri, 07 Dec 2007 10:32:35 -0500

I have transfered £000, . It has been 10 days now, I'm chasing everyday, I never saw any customer services without a direct contact number...except this Rubbish Emit2India.The number provided in the website directs to sales department, who are not aware of any customer queries.I had confirmation from my bank stating that they have transfered money, I'm still chasing... I'm pissed off with this transfer and trying to get some managers numbers to explain the current situation.

I've a very interesting

Vishal Kotecha — Thu, 29 Nov 2007 22:51:52 -0500

I've a very interesting experience and an observation to share on this subject. In the recent past, I've been contacted by Remit2India representatives repeatedly for using their services to transfer money to India. I never revealed my info to them but somehow they got the info they needed in order to approach me for using their services. Remit2India claims to have been offering the best exchange rate to transfer money to India. Infact they have been advertising an challange on their website to match any exchange rate however unless you observe their transaction and service fee, you would never know that they are actually paying you less than what others are paying. Consider an example of a normal ACH transfer of $50 from your US bank account to any of the Indian Bank account where Remit2India offers an exchange rate of Re. 39.39 where as others offers and exchange rate of 39.29 (in actually for $50 the diff is only Re. 0.02), you would bee happy to see assume a difference of (50 * 39.39) Re. 1969.5 - (50 * 39.29) Re. 1964.5 = Re. 5. However, the reality is totally different. Remit2India charges minimum transaction fee of $3 (they are not charging this for the limited period) and not only this but all the transaction are charged a 1% service fee that will reduce ur remitance amount by Re. 19.695 resulting in a loss of Re. 1964.5 - (Re .1969.5 - Re. 19.695) = Re. 14.695. You may note that the assumed gain of Re. 5 is in actuall a loss of around Re. 15. Consider a generic example where the Remit2India exchange are more by Re. 0.15, if other money transfer service (e.g. ICICI without any service charges or transaction fees) offers an exchange rate x, Remit2India offers (x + 0.15) - x/100 i.e. for every Re. x offered by ICICI, Remit2India offers Re. x + 0.15 - (0.01 * (x + 0.15)). In other words, unless they offer an exchange rate 1% more than others, you will always be at loss. Enjoy....