In an increasingly connected world, sending money internationally has become a regular part of life for Non-Resident Indians (NRIs) living abroad. For those based in the United Kingdom, remitting funds to family, paying bills, or supporting investments back home in India requires a reliable, fast, and cost-effective solution. With multiple money transfer providers in the market, it can be difficult to decide which one suits your needs best.

In this blog, we explore some of the top money transfer services available in the UK for sending money to India and highlight key features that make each option stand out—especially ICICI Bank UK trusted remittance platform, Money2India UK.

What to Look for in a Money Transfer Service

Before diving into specific providers, it’s essential to understand the criteria that matter most:

• Exchange Rates: A favourable exchange rate ensures more Indian rupees for every pound sent.
  
  

• Transfer Fees: Lower or zero transaction fees help reduce the overall cost of sending money.
  
  

• Transfer Speed: Depending on urgency, you might need instant or same-day transfers.
  
  

• Security: Reputed financial institutions and platforms follow global compliance and data protection standards.
  
  

• Customer Support: Responsive service ensures peace of mind if something goes wrong.

   

• Physical Presence: Availability of local branches, such as ICICI Bank UK branches, allows customers to walk in for support and personalised assistance when needed

  
  
  

1. ICICI Bank UK Money2India UK: A Smart, Trusted Choice

ICICI Bank UK’s Money2India UK is a specialised online remittance service for NRIs, offering a seamless experience for transferring funds from the UK to India. With more than two decades of trusted service, Money2India UK is designed to meet the needs of the Indian diaspora.

Key Benefits:

• Competitive Exchange Rates: Get better value for your GBP with market-aligned conversion rates.
  
  

• Zero Transfer Fees: Enjoy zero transfer fees for all transactions.
  
  

• Instant Transfers**: Money reaches the beneficiary’s account within minutes.

   

• Wide Bank Coverage: Send money to over 100 banks across India, including NEFT and IMPS-enabled institutions.
  
  

• Secure & Compliant: Regulated under the UK’s FCA and backed by the financial strength of ICICI Bank UK.

   

• Easily Accessible: Wide network of branches across the UK and a dedicated call centre for prompt assistance.

  
  Physical Presence: Availability of local branches, such as ICICI Bank UK branches, allows customers to walk in for support and personalised assistance when needed.
  
  

With an intuitive mobile app and web platform, Money2India UK simplifies transfers with options like rate alerts, repeat transfers, and favourite transactions setup. It's a reliable choice for NRIs seeking a combination of speed, safety, and value.

2. Wise (formerly TransferWise)

Wise is known for transparency and mid-market exchange rates. It allows you to see upfront how much INR your recipient will get and charges a low, flat transfer fee.

Features:

• Mid-Market Rate: No hidden mark-ups on currency conversion.
  
  

• Fast Delivery: Transfers typically completed within 1–2 days.
  
  

• Clear Fee Structure: Exact breakdown of fees before confirmation.
  
  
  

While Wise is highly rated for occasional transfers, it may not offer the level of integration or India-specific features that Money2India UK provides for regular users.

3. Remitly

Remitly caters to both speed and budget-conscious users with two options—Economy and Express—depending on how fast you need the money to arrive.

Highlights:

• Speed Options: Express for urgent needs, Economy for fee savings.
  
  

• Promotional Rates: Introductory exchange rates for first-time users.
  
  

• Cash Pickup & Mobile Wallets: Flexibility for how money is received.
  
  
  

However, frequent promotional pricing may not always reflect the long-term cost-effectiveness of the service.

4. Western Union

With a vast agent network and decades of legacy, Western Union enables both bank transfers and cash pick-ups.

Pros:

• Global Reach: Thousands of locations across India for pickup.
  
  

• Flexible Payment Modes: Pay via card, bank, or in person.
  
  

• Multilingual Support: Helpful for elderly users or those less comfortable online.
  
  
  

Western Union is ideal for emergency transfers but may involve higher fees or weaker exchange rates compared to digital-first services like Money2India UK.

5. Xoom (A PayPal Service)

Xoom allows transfers directly to Indian bank accounts, offering competitive speed, especially for PayPal users.

Key Offerings:

• Fast Delivery: Many transfers completed in hours.
  
  

• Linked with PayPal: Convenient for users already on PayPal.
  
  

• SMS Notifications: Real-time updates on transfer status.
  
  
  

Xoom works well for one-off payments but can be relatively expensive for regular transfers due to fees and markups.

6. WorldRemit

WorldRemit is a mobile-first platform designed for fast and simple transfers to multiple destinations, including India.

Features:

• Digital Onboarding: Easy sign-up and verification.
  
  

• Choice of Delivery: Bank deposit, mobile money, and even airtime top-ups.
  
  

• User-Friendly App: Especially helpful for tech-savvy NRIs.
  
  
  

WorldRemit’s accessibility is commendable, though its exchange rate competitiveness varies.

Why Choose ICICI Bank UK’s Money2India UK?

Among these services, Money2India UK  stands out for its India-first approach. Designed by a leading Indian bank, it brings unique advantages such as:

• Instant transfers** to ICICI Bank accounts**, ideal for emergencies or urgent obligations.
  
  

• Robust ecosystem integration—manage accounts, loans, and investments all in one place.
  
  

• 24x7 Multilingual customer support, including email and voice assistance, across time zones and languages.
  
  
  

Moreover, with the ICICI Bank UK branch presence, onboarding and support becomes more accessible for UK-based users.

How to Get Started with Money2India UK

1. Register Online: Create an account at https://www.money2india.icicibank.co.uk/ or download the app.
   
   

2. Complete KYC: Upload basic identification documents for verification. (Only if we are unable to verify your identity based on the information provided by you during the registration process)
   
   

3. Add Beneficiaries: Set up Indian bank account details for your recipient.
   
   

4. Transfer Funds: Choose the amount, view the live exchange rate, and confirm the transaction.

Final Thoughts

Choosing the right remittance provider depends on your specific needs—speed, cost, convenience, or frequency. However, if you're looking for a provider that understands the Indian banking system, offers seamless integration with Indian accounts, and delivers both value and trust, ICICI Bank UK’s Money2India UK emerges as a top choice.

Stay connected with your loved ones and make every pound count. With Money2India UK, you’re not just sending money—you’re strengthening bonds across borders, backed by a bank you can trust.

**T&C Apply