I think they are cheats... I booked an ACH transaction which was rejected by so called compliance department but was suggested to book another transaction for the same amount using EFT. The EFT transaction was approved and went thru fine but i ended up paying another $20 for this transaction.

If a transaction is to be rejected by compliance then it should be rejected no matter it is ACH or EFT. This had happened before and has happened yet again. I would rather prefer to spend $10 more and send the EFT directly to my account in India. This way i pay $10 more (i.e. $30) but then i do not have to go thru another mediator.

I use remit2india frequently and am looking for alternative service now. It takes weeks for funds to transfer although they withdraw money from my bank almost immediately. Other than that, I guess their service is okay, customer service is helpful.

Dear Customer,

I am writing on behalf of remit2india.

We request you to write to us at [email protected] and give as an opportunity to be of service to you.

Thanking you in anticipation.

Regards,
Remit2India

Hi everyone,
Kindly be aware when u transfer money to india through remit 2india as they are the smartest cheaters u can ever come across. Why are they smart? becoz they never transfer your money at the best exchange rate on a given day. They hold money untill the forex is at its lowest(Forex changes thrice on a given day) and then immediately transfer once the forex falls. So, remit2india makes very good money from ur hard earned money by exchanging the rate for themselves when the forex is high and giving the money to you when the forex is lowest. The difference in the highest and lowest forex is their PROFIT. ( if 1000 people transfer $1000 each on a single day they make profit to the extent of...just imagine a difference of 0.50 paise)
So, whats the best way? Look for citi bank or icici. Atleast they do not make false promises.
Just wondering their smartness in cheating people. If u still want to go ahead i shall wait for your response after a couple of transactions.

I totally agree with Harry. Remit2India is big cheater. After I started sending money through xoom.com, I realized what a big scam remit2india is. They hold your money for atleast a week to deliver it to the receiver. Big Cheater!!!