Ask HN: What is the fastest way for American customers to pay to a company in India?

https://news.ycombinator.com/item?id=313303

by known • 18 years ago

2 4 18 years ago

news.ycombinator.com

The company doesn't have a bank account in America.

Is it possible to outsource receivables and payables to an American company?

billroberts• 18 years ago

credit card? Assuming the Indian company can set itself up with a merchant ID and payment processor.

SwellJoe• 18 years ago

I've generally used wire transfers...but US banks suck for wire transfers. They look at you like you're speaking a foreign language. I've found Washington Mutual here in Mountain View to be the best about it I've ever seen (which isn't to say they're good...just better), and they're the cheapest, as well, at $20/transfer. Previous banks charged more (like $32-$40 per transfer), and acted like I was a crazy person for trying to give them a SWIFT code.

So, I hate doing wire transfers, but when PayPal and a US bank check is not an option, I've bucked up and done it. I've heard that Western Union is a reasonable option, as well, for many overseas destinations. I'm not sure if India is one of them.

paraschopra• 18 years ago

Western Union is pretty reliable and has a wide network in India. I personally had a very good experience with them.

shajis• 18 years ago

money2india - It's run by a reputable Indian bank, ICICI.

Ask HN: What is the fastest way for American customers to pay to a company in India?

Related Stories