India is currently the biggest receiver of remittances around the world.
According to the Pew Research Centre, in 2016, over $1.7 billion USD was sent to India alone, with many migrants sending money back to their family and friends to support their livelihood and education.
In recent years, many Indian immigrants have moved to using digital money transfer services for their ease, with many banks in India also now offering these services.
CulturalPulse has analysed the top seven digital remittance services Indians in Australia use to send money home, to help make the decision between providers easier for the community.
To score each provider, we’ve created a 41-element scoring system across the following nine variables. Each variables’ weighting is dependant on the importance it holds in the community.