Numbers at a Glance!

₹ 2,000 Cr+

Volume Remitted

40,000+

No. of transactions

25,000+

Happy Customers

With moneyHOP, Sending Money is Easy

1

Enter the amount & destination to be transferred

Tell us who & what currency to be transferred.

2

Choose the Mode of Payment

Pay into moneyHOP’s bank account in the country you’re sending from. The fees will be displayed & we’ll convert your money with the industry best rates.

3

The Money is Transferred into Recipients Account

Lastly, your money is swiftly transferred into your beloved recipient's account.

  • 1

    Enter the amount & destination to be transferred

    Tell us who & what currency to be transferred.

  • 2

    Choose the Mode of Payment

    Pay into moneyHOP’s bank account in the country you’re sending from. The fees will be displayed & we’ll convert your money with the industry best rates.

  • 3

    The Money is Transferred into Recipients Account

    Lastly, your money is swiftly transferred into your beloved recipient's account.

Enabling Money Transfers for Following Purposes

  • Overseas Education - University Fees
  • Overseas Education - Living Expenses
  • Family Maintenance
  • Personal Gift or Donation
  • Private Visits
  • Business Travel
  • Emigration and Emigration Consultancy Fees
  • Employment and processing, assessment fees for overseas job applications
  • Medical Treatment Abroad
Comparison PointsmoneyHOPOthers Forex Providers
FX markup0.25%2 - 2.5%
Convenience & Bank ChargesINR 1200INR 1500

In Just 5 Steps Send Money Internationally with HOPRemit

  • Create an account

    Sign up with your email ID or Mobile Number on Our Platform

  • Enter the amount

    Choose the Currency, Purpose & Enter the Amount to be Transferred

  • Our Team will Verify your Details

    Complete your KYC to verify your identity in a few minutes

  • Enter Recipient Details

    Enter Receiver’s details & upload valid documents

  • Choose the Mode of Payment

    Choose Netbanking, Debit, or UPI

Have a query?

Book a call with our Remittance experts

moneyHOP In The News

  • moneyHOP Success Story - Enhancing the Cross-border Banking Experience

  • New “cross-border neobank” in India: moneyHOP

  • Expect leisure and corporate travel to accelerate this year: moneyHOP CEO Mayank Goyal

  • Why should India develop its own system that interlinks CBDCs across the globe?

  • Forex-tensive measures: How to budget smart while studying abroad

  • UPI’s global expansion revolutionising cross-border transactions

Frequently Asked Questions 

How is moneyHOP exchange rates lower than bank?

We offer the lowest Mark-up price ( IBR+0.30 Paise) compared to Banks or any other Money changing company.

Why moneyHOP is better than Wise

Bank Charges of Wise is more compared to moneyHOP’s bank charges. moneyHOP offers the industry best & lowest exchange rates.

Why is international money transfer via moneyHOP better than popular banks like SBI, ICICI, HDFC etc?

  • 100% Digital Process - No need to visit physical branches to process the transaction.
  • Offers Lowest Mark-up on IBR rates.
  • Customers can initiate the transaction even on Bank Holidays and Weekends.
  • Rates can be blocked on bank holidays as well.

What additional costs occur in sending money abroad?

The charges include Bank processing fees & Nostro Fees. Bank Processing Fee & Nostro Fee are standard for HOP Remit users i.e Rs. 1250.

How long does it take to transfer money internationally?

It takes 24-48 business hrs for International Money Transfer.

How safe is moneyHOP for international money transfer?

Your money at moneyHOP is absolutely safe. It is not just safe but also easily accessible. Hop has partnered with State Bank of Mauritius, India. Which is a RBI regulated bank. moneyHOP also employs a range of security measures that ensures that both your money and details are safe. As per the RBI guidelines, your deposits are insured up to Rs. 5,00,000 for both your principal and interest.

For what purposes can I send money abroad?

  • University Fees Payment.
  • Overseas Education - Student Living Expenses.
  • Family Maintenance.
  • Gift Purpose.
  • Private visits.
  • Medical Treatement.

How much amount can I transfer internationally from India?

As per Liberalized remittance Scheme any Indian Citizen can transfer up to USD 250,000 in a Financial Year.

Which countries are supported by moneyHOP for international money transfer?

The countries & currencies supported for international money transfers are USA, Canada, Dubai, Australia, New Zealand, Dubai, Singapore, Japan, UK and all the European countries.

Can I send my university fees through moneyHOP?

Customer can login to our Hopremit website, enter the amount of fees to be paid, University Bank account details and upload required documents and initiate the University Fees through moneyHOP.

Transfer Money with the Real Exchange Rate

Start Sending Now