Express Dollar to RUPEE transfers to India
With the Dollar reaching over 50Rs / INR ( for those who are interested in Xfer to India)
what are some of the best options to get a SAME day gurantee of rates to "time the transfer"
and other SWIFT bank based wire options, i beleive the following is the most guranteed route among the ones available --
STATE BANK OF INDIA
1 - Open a SBI US Checking or Money market account in NewYork branch of SBI
1a - Open a SBI NRO or NRE Savings account in SBI NRI branches in India ( Chennai,Bangalore etc)
2 - Link your current US checking account to SBI checking for intra bank transfers
2a - Link your US Checking account with India SBU NRE or NRO account ( done by SBI for you)
3 - Move money into SBI USA account and park it there for a good transfer rate
4 - When rate is good call SBI or initiate a transfer through a FAX request
YOU GET SAME DAY RATE TRANSFER Guranteed
This by far is the most predictable route i have seen so far
If you have any other options please post now for a discussion ???????????????