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Remit2India.com Reviews - Stay away from this company!

Review all Remit2India.com complaints

Remit2India.com

Posted: 2007-08-04 by Raman  [send email]
Stay away from this company!
Complaint Rating:  73 % with 40 votes
Hi everyone,

I initiated a transfer of $12,000. and since I was transferring such huge amount they promised me to give a better rate.

The rate they actually gave me was much less then what ICICI would give for 5000$ and they told me there would be no fees. Instead they charged me $15+Rs200. They also promised me a bonus, but leave bonus of Rs 250, they charged me so much money on top of It.

Also, many branches of banks are not listed with them, so you have to pay Rs 150 extra for your demand draft.

Seriously they are big cheaters, first their representatives will call you everyday and bug you and the moment you will initiate the transfer and when they will cheat on you, you will not be able to get hold of them.

I would strongly recommend not to use REMIT2INDIA, if you want your money to be safe.
Comments United States Unauthorized Charges
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Remit2India.com - Customer cheating!


Comments

Sort by: Date | Rating
 462 days ago by Pcher  [send email] 0 Votes
I have to say Remit2India might well be runnig a scam to hold on to the money of their customers as long as possible under some pretext or the other. i hope The Indian finance ministry steps in and stop remit2India from continuing to operate. I sent some money and the status tracker shows money transferred and even after three months the money has not been received by the beneficiary.

I think it is a fraudulent company using funds without interest, sent by their naive customers. Be warned stay away
 460 days ago by Mridula  [send email] 0 Votes
Hi,

I just wanted to say - thanks for your feedback! I'd heard about remit2India- but after reading your feedback i think I will definitely stay away.
 436 days ago by Vs  [send email] 0 Votes
PLEASE STAY AWAY FROM REMIT2INDIA

I have used Remit2India in the past and was generally satisfied until an issue happened, and boy oh boy, their customer service is totally non existent. So it has been 3 weeks that I sent my Remittance (USD 7.500) via Remit2India and it has not been received by the Payee. When I call their Customer Service, they are very unfamiliar with the process, cannot (and are not able to help). Every time I demand to talk to their Supervisor, they are not there (How convenient).

I have resorted to sending daily emails to all the Remit2India contacts with the statistics about my case, like:
# weeks/days since Money was remitted (ACH)
# 9 Emails sent to Remit2India (Mr. xxx - Relationship Officer was supposed to call me today but he did not)
# Countless Phone calls made to Remit2India

I am not sure when it my issue will be resolved, but please be warned.. once you have an issue (like this) there seems to be no resolution.
 407 days ago by Hari  [send email] 0 Votes
I feel, Following reasons are enough to advise not to do business with remit2india.

Fraud in Remit2india service? MAY BE YES... i sent money 25 days back and the money still haven't reached the recipient...

Is customer service good @ Remit2india? ABSOLUTELY NO... when checking about transaction status, even they don't have authorization to give 100% details of the transaction

and the only guys have access is "COMPLIANCE DEPARTMENT" who can be reached only by e-mail...

Can you expect response from compliance department @ Remit2india immediately? ABSOLUTELY NO... every time, you ask to check into transaction further which can't be

handled by customer service, you get an e-mail from compliance department which says, we will get back to you within 24-48 hrs... and u know what, you will get final status of the

inquiry only after a week. this happened to me thrice on the same transaction which took for a total of 3 weeks and still no result as of today...

Can you take legal action aginst remit2india? ABSOLUTELY YES... yes... you heard it correct... this is what I was told by remit2india customer service when asked if I can do

anything on a transaction with no status even after 25 days...

Does customer service @ remit2india show courtesy? ABSOLUTELY NO... when asked to talk to a higher manager to inquire more about a transaction that was not complete even

after 3 weeks, the response I got was " customer service agent hung up the phone on my face"...
 402 days ago by Mani  [send email] 0 Votes
I made 2 transfers...one worth USD 2000 and just finished other with USD 3000...i was actually hoping that I will get rate of 47.56 the day I submitted...but today (after 3 days...when it says "Money Dispatched"..) I actually got 48.04...I am so happy with the service...
 392 days ago by Raj  [send email] 0 Votes
I have used remit2india and it sucks big time!!! it has been over 5 days that they have my money but still not delivered and the customer service is the worst, they have no clue of what they are talking everyone says it will be done sir but when????

I want to sue them or at the least file fraud against them because they are holding my money for no reason, did anyone do that??? if so please let me know i dont want more people to fall into this trap.
 385 days ago by Rekha  [send email] 0 Votes
Remit to india is the biggest FRAUD company they inspite of so much bad being written about this company we do not see the higher officials taking charge of the situation, and get rid of a whole lot of managers and relationship officers sitting and acting very immature and do not know how to deal with buisness how to deal with customer.The have the worst of customer service i have stopped sending money through remit to india and i request the others also who have not yet experienced to please be cautious of this fraud company making money from your hard earned money yes one day they will get it it is not long when we sincerely wish for this company to shut down lot of peoples hard earned money will be saved.
It is such a shame to the Times group
 381 days ago by Purushothaman  [send email] 0 Votes
the most horrible online transaction I ever try to make, never, never go near them, big cheaters and such a nasty customer care services,
no reply or took more than 2 weeks for transfering attempt, and ultimately i had to use other services and was forced to cancel the transaction
 368 days ago by Deepu  [send email] 0 Votes
I have been an NRI last 4 year & was going through google because I had to send money. I read the reviews on moeny2india, remit2india etc & was initially scared. But then, I realized that fault is ours. I work in the service industry & know how difficult it is to manage reputations on the net. If I am not paying fee for a service, obviously the company is going to make money out of me from somewhere. However big ICICI bank is, they still will charge on rate. Why do we expect to get any service for free? Let us realize that even though it is our 'hard-earned' money, we are only sending it thru them. We are not depositing it with them. For all the website, marketing, salary etc, they have to make money. Let us realize this & take less tension next time.
 368 days ago by Mejantoo  [send email] 0 Votes
yes me also same the website was showing the price of dollar to rupees is 48.23 but the rate they transferred the money was 46.18
and when i called they gave me STUPID reasons like at that moment for 3 hrs the rate was 46.18

BIG CHEATERS
CANT TRANSFER HARD EARNED MONEY THROUGH
REMIT2INDIA
 283 days ago by   Remit2India 0 Votes
From Remit2IndiaTo our NRI customers who are facing an issue that has been unresolved within the stipulated time, we request you to write to us at grievances@timesofmoney.com. We do apologize for any issues that you may have faced and are committed to address the same at the earliest.Please include your name, email id, landline & mobile number & we ensure that a senior representative will get in touch with you within 24 working hours of your email & work towards addressing the issue to your satisfaction. Also, to be able to respond to & resolve your issue & to prevent some of the posts being misused, we encourage you to write to us at the above mentioned id with all the details mentioned.This would greatly help us in tracking down your transaction & identifying the issue. It would also help us distinguish your post from the some of the posts that are not genuine.We appreciate your need for an explanation and we are keen to help you with the same.Thanking you for your co-operation
 248 days ago by   halo 0 Votes
Remit2India service and the Remit2India.com website is run by a bunch of lame people with no knowledge of how to run a business. Both the times I have used them to transfer money to India, they have delayed the payment and even then given MUCH lesser exchange rate than shown online on their and other competitor's website. On having called them about the same and pointing them to competitor's website to check their rate and try to have them match that under their "rate guarantee, " all they could come up with were some stupid excuses like "We transfer money according to Indian market, the other website might be operating based on US market, " etc.

One time they also sent the money to the wrong branch in another city and my parents had to pay money to the bank to have the money transferred to their branch!

I just closed my account with Remit2India and will NEVER USE THEM again.

PLEASE NEVER USE REMIT2INDIA SERVICE - YOU WILL LOOSE MONEY AND WILL BE DISAPPOINTED.
 241 days ago by   kapeed 0 Votes
In financial services, lack of clarity is almost fraud like. There are other better services that take you remittance amount, which is the amount you want to remit and add any applicable fees by disclosing it at the time of remittance.

Remit2India uses a fraudulent way of remitting money. They use the amount you want to remit, as the amount that they withdraw from the bank and then start subtracting from it charges they feel like. This is obviously fraudulent for at least two reasons:
The fail to disclose the fees and they don’t remit the amount you wanted to remit. By doing the transaction in such a manner that allow themselves to deduct what the like and when they like.

This company should be shut down. Complain to your local/state attorney general’s office and more the complaint, easier will it be to file a class action lawsuit to shut them down to prevent people from falling victims to their fraudulent ways.
 240 days ago by   Regular sender 0 Votes
I have used transfermate.com

They offer the best exchange rates from europe, australia, uk. Their rate is their rate with no surprises and transfers take 2-3 working days.

This is what you should expect from a money transfer service not the other companies that let you down
 237 days ago by   Majee +1 Votes
I have been using Remit2Iindia for the last six months. I found it much helpful and a very a good way to send money to India.
Within a week it transfers the money and the rate is also not at all. Overall, I am satisfied with their service.
 206 days ago by   jack 0 Votes
I found this site along with few others while searching for online money transfer service from US...it amazingly surprised me to see so many bad reviews bout this service..i stopped myself but realized that ppl are still using them and falling victims of their poor service...thats y i compiled all the gr8 sites including 'complainboards' revealing the truth bout remit2india.com in my blog, remit2india1.wordpress.com
 153 days ago by   sindhusaptha 0 Votes
REMIT2INDIA IS A FRAUD COMPANY.. THE SERVICE IS WORST. THEY CHEATED US OF OUR MONEY. ITS BEEN HALF A MONTH AND OUR MONEY HAS NEITHER BEEN CREDITED NOR ARE THOSE PEOPLE GIVING US ANY STATUS INFORMATION. SHAME ON THE OWNERS OF THE COMPANY WHO ARE PLAYING OF OUR HARD EARNED MONEY.
 87 days ago by   bpp 0 Votes
I sent USD 40000 and USD 25000 last year and found money reached in time though I was NOT happy with the exchange Rate. But it was NOT too uch less but may be by 10 paise ...it definitely is big money but after seeing the rupees reached in time it was kind of okay
 87 days ago by   Nikhil Agrawal 0 Votes
Remit2india sucks; two days back I referred one of my friend to use remit2india, she registered and initiated a transaction...Since it was wire, she went to bank and completed bank formalities as well..
now, remit2india started saying that your ssn couldn't be verified so account has been locked...in order to get account activated, send hard copy of the ssn card.

I am so embarrassed that I referred her for this shameless company, who is just trying to play with exchange rate and making everyone fool...

I've very good ex with Money2India even when there rates are little less than other but atleast they are very friendly...
now you also have citibank & SBI to transfer money so PLEASE USE THESE NEW SERVICES AND FORGET REMIT2INDIA...they don't desreve to be in business...
 75 days ago by   CSR2I 0 Votes
Dear Nikhil Agrawal,

I am writing on behalf of remit2india.

We have sent e-mail to your Id registered with Complaintsboard addressing your concern. Should you require any further clarification, please write to us at escalation@remit2india.

Regards,
Remit2india

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