#1
16th February 2016, 05:46 PM
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Remittance from USA to India
I want to get information about the Remittance Best Exchange Rates from USA to India as well as other related like purposes and Limit. So here can you provide me information about it?
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#2
18th February 2016, 08:06 AM
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Re: Remittance from USA to India
As per your demand here I am providing you information about the Remittance Best Exchange Rates from USA to India as well as other related like purposes and Limit, as you want. Today's Best Exchange Rates $1 = 69.00 (For New Users Only) Eligible purposes for Online Outward Remittances; Education Abroad Emigration fees Employment abroad Maintenance of close relative Visa fees Medical Treatment Police verification Private Visit Abroad Limit for Online Outward Remittances; Limit for Online Outward remittance is upto USD 25,000 per month per transaction; subject to purpose specific limit specified by Reserve Bank of India. Remittance by fiscal year; Year Remittances Percent GDP 1990–1991 US$ 2.10 bn 0.70% 1995–1996 US$ 8.50 bn 3.22% 1999–2000 US$ 12.07 bn 2.72% 2000–2001 US$ 12.85 bn 2.84% 2001–2002 US$ 15.40 bn 3.29% 2002–2003 US$ 16.39 bn 3.39% 2003–2004 US$ 21.61 bn 3.69% 2004–2005 US$ 20.25 bn 3.03% 2005–2006 US$ 24.55(projected) bn 3.08% 2006–2007 US$ 29.10 bn 2007–2008 US$ 37.20 bn 2008–2009 US$ 51.60 bn 2009–2010 US$ 55.06 bn 2011–2012 US$ 66.10 bn 4.00% 2012–2013 US$ 67.60 bn 2013-2014 US$ 70.39 bn Remittance Source Countries; Remittances source country Remittance amount UAE US$ 14,255 mn USA US$ 10,844 mn Saudi Arabia US$ 7,621 mn United Kingdom US$ 3,904 mn Bangladesh US$ 3,716 mn Canada US$ 3,145 mn Nepal US$ 3,220 mn Qatar US$ 2,084 mn Australia US$ 1,245 mn Singapore US$ 1,113 mn Bahrain US$ 690 mn Italy US$ 572 mn Malaysia US$ 493 mn Top Remittance Receiving Countries; Country Remittance amount India US$ 70.39 bn China US$ 64.14 bn Philippines US$ 28.40 bn Mexico US$ 24.87 bn France US$ 24.76 bn Nigeria US$ 20.92 bn Pakistan US$ 17.06 bn Germany US$ 15.80 bn Vietnam US$ 12.00 bn Spain US$ 10.99 bn Lebanon US$ 8.90 bn Indonesia US$ 8.55 bn |
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