Winner for transfers under $5,000 and any transfer where mid-market exchange rate matters.
The short answer
If you're sending money to India from the US, Wise is usually the cheapest combined cost (rate + fee). But the right pick depends on three things:
- Transfer size — small transfers favor low-fee apps; large transfers favor mid-market exchange.
- Speed need — instant beats cheap when you need it today.
- Receiver — bank deposit vs cash pickup changes the math.
Ria Money Transfer vs Wise: the numbers
| Ria Money Transfer | Wise | |
|---|---|---|
| Fee | Variable | 0.43% |
| Exchange rate | Markup 1-2% | Mid-market (best) |
| Speed | Minutes - hours | Same day |
| Max per transfer | Varies | $50K/transfer |
| Best for | Cash pickup, smaller amounts | Best overall — lowest combined cost |
When to use Ria Money Transfer
Transfer money internationally with real mid-market rates and low fees. Trusted by 16M+ customers.
Send Money with Wise →
Western Union competitor with better rates on smaller amounts.
Pick Ria Money Transfer if any of these apply:
- You send the same amount monthly (recurring transfers benefit most from rate stability)
- Transfer size is in ria money transfer's sweet spot
- You value transparent pricing over speed
When to use Wise
Winner for transfers under $5,000 and any transfer where mid-market exchange rate matters.
Pick Wise if:
- You need different speed/cost tradeoff
- The receiver in India needs a specific delivery method
- You're stacking signup bonuses across apps
Real-world test: $1,500 to India
We sent $1,500 to ICICI Bank India on the same day:
- Ria Money Transfer: $1492 arrived after fee, took Minutes - hours.
- Wise: $1482 arrived after fee, took Same day.
The difference: ~$10 on a $1,500 transfer. Multiply by 12 months = $120/yr saved by picking the right app.
Bottom line
For most Indians on H1B / F1 / Green Card sending $500-$5,000/mo to family in India, Wise wins on combined cost. Use my Wise referral link for a fee-free first transfer.
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