OrbitRemit, a currency exchange site founded in 2008, is offering no transfer fees for exchanges to INR (Indian Rupee) until October 31. Send a little (min $50), send a lot, no fees. Happy Diwali!
Comparing them to big 2 currency exchangers, using rates as of 8PM 1:
Company | $1000 AUD -> INR | Fee AUD (INR) | Total INR - fees | $10000 AUD -> INR | Fee AUD (INR) | Total INR - fees |
---|---|---|---|---|---|---|
OrbitRemit | ₹50,595.60 | $0 | ₹50,595.60 | ₹505,956.00 | $0 | ₹505,956.00 |
OFX | ₹50,070.30 | $15 (₹764) | ₹49,306.30 | ₹503,441.00 | $0 | ₹503,441.00 |
TransferWise | ₹50,604.83 | $6.95 (₹354) | ₹50,250.83 | ₹505,815.00 | $69.51 (₹3542) | ₹502,273.00 |
Also note you should be able to get free transfers over $250 from OFX via this deal. You can compare the rate on BestExchangeRates in which OrbitRemit beats them all (highest 504,000 via TorFX)
via Lifehacker
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Fees were converted to using Google's rate for simpleness. ↩
Good deal when you get a call from a Telstra Tech to tell you that you have a windows virus.