Money transfer to India

Hi,,,,, are we have to open any bank account to transfer money to india through bank? or else which is better mode for money transaction to india?i have SBI & HDFC account in india i have to transfer money to these account...Kindly guide me please....

Hi,

Not sure of your city, but SBI now has a branch in Riyadh.

Alternatively, you can try sending money through the money exchange companies such as - Telemoney, Quickpay/MoneyGram and AlRajhi.

Regards,
Raunak

So we didnt need to open account right?.....

register with AlRajhi,
they give good rate


SNM

I didnt get you kindly explain in detail...i m new to saudi and also to gulf.so i dint aware of these monry transfer and all....

I am living in Jeddah,
I went to Al Rajhi Money transfer office
and submitted a form ( in which I have mentioned Indian Bank Account details and my address ), then they will give you a membership card,
with that card you can transfer money to your home bank account

SNM

Thank you so much..... is there any transfer fee for that?

No such fee,
if the SAR TO INR rate is 100, and if you are given 99.50,
assume 0.50 will be the fee

SNM

i had transfer money from telemoney saudi arabia branch 602 sabiya to india on 31-05-2015 my transaction ref no =156021049115 and aqama no is =2356374021 but still the amount not recive in india or not refund me. so please kindly solve my problem.my email id [email protected]