Drawn by educational opportunities, career growth, and cultural exchange, Indians choose to relocate to other countries. Europe, in particular, stands out as a favoured destination for many, with the UK and Germany being primary hubs for the Indian diaspora. Interestingly, Poland has also been attracting and fostering an expatriate community from India. The journey of relocating and living in Europe has its challenges. Finding employment opportunities as an Indian in Europe and opening a bank account, among others, pose a significant question mark for many newcomers.
Remittances are one of the top priorities for the Indian community abroad as the connection to homeland and family is deeply rooted in Indian culture. A substantial number of Indians working outside India remit money back home every month to provide financial support to their loved ones. Unfortunately, making transfers overseas can be extremely pricey due to high fees and other obstacles. That is why finding the most affordable solution is key.
Today, we are going to explore the most convenient and cost-effective methods of how to transfer money from Poland to India. We will conduct a comprehensive comparison of the prevailing options in the market, focusing on exchange rates and fees. Stay tuned if you're looking for the most affordable and practical way of supporting your family.
Consider these factors when you send money from Poland to India
In this article, we are not going to talk about conventional bank transfers, as they are notorious for charging high fees and hidden commissions. Besides, if you convert PLN to INR at a traditional bank rate, you will see that, more often than not, it is one of the least favourable options out there. What we are going to do instead is compare the top six money transfer services presented in today's market and known for their fast delivery and low exchange rates and fees. Let's find out together what they are offering!
Transfer money from Poland to India
Wise is a renowned platform offering global money transfer services. It is famous for its interbank exchange rates, accounts with multiple currencies, and a user-friendly mobile app.
Western Union, a longstanding player in the industry, has a vast global network of physical agent locations. This allows customers to conduct their transactions in person, offering an alternative to online platforms.
Xe specialises in currency exchange rates and global transfers. The company also shares insights into currency markets, helping customers stay up to date with current trends.
Remitly is a digital financial services platform specialising in international remittances. The platform offers various transfer speed options to cater to different needs. Clients also benefit from a range of delivery choices.
WorldRemit is a digital remittance platform boasting extensive global coverage, reaching 130 destination countries. The company offers a diverse range of delivery methods.
Profee is a provider of global money transfer services driven by a mission to offer a favourable alternative to traditional wire transfers. Renowned for its advantageous exchange rates, real-time delivery, diverse payment methods, and user-friendly interface, Profee has quickly established itself as a reliable and cost-effective solution for sending funds overseas despite being relatively new to the market.
Finding the cheapest option
When making a money transfer from Poland to India, fees are undeniably one of the major factors influencing the choice of a remittance company. That is why it is essential to stay well-informed about the anticipated charges. Today's fee comparison will help you make an informed decision and opt for the most cost-effective option when you send money from Poland to India. It is important to note that the figures presented in the tables below are approximate and may be subject to fluctuation.
| Name of company | How much you're paying for a 1000 PLN remittance to a bank account |
|---|---|
| Wise | Fees depend on the transfer type and range from 8.73 PLN to 14.84 PLN. |
| Western Union | Zero fees for the first transfer and 4.90 PLN for the following transfers. |
| Xe | 15.00 PLN |
| Remitly | 9.00 PLN |
| Worldremit | 16.00 PLN |
| Profee | No fees |
Now, let's talk about the currency exchange rates, which are key to the question of how to send money from Poland to India cost-effectively. Vigilance in this area is essential, as some companies may execute transfers at less favourable rates to enhance their financial gains. Another important consideration is whether a company allows you to convert PLN to INR upfront, as it serves as a significant indicator of transparency and trustworthiness.
In the table below, you can explore the amount you can receive for a remittance of 1000 PLN to INR and the exchange rate for 1 PLN to INR across the six companies under review today.
| Name of company | 1 PLN to INR; 1000 PLN to INR |
|---|---|
| Wise | 1.00 PLN = 21.0446 INR; 20,730.52INR |
| Western Union | 1.00 PLN = 20.2208 INR; 10,110.41INR |
| Xe | 1.00 PLN = 20.865 INR; 10,431.50 INR |
| Remitly | 1 PLN = 20.8900 INR; 20,890 INR |
| Worldremit | 1 PLN = 20.6477 INR; 20,317 INR |
| Profee | PLN 1 = INR 21.2556; 21,255.6 INR |
Having analysed the data above, we can all agree it is Profee that stands out from the rest. What makes it special is that customers can send money from Poland to India with zero commission and convert PLN to INR at the most competitive exchange rate. And here's the cherry on top: your upcoming transactions with Profee will be just as advantageous, thanks to our smart monitoring system and the absence of fees.
However, there is no doubt it's not just about affordability when it comes to sending a Poland to India money transfer. Factors such as security, speed of delivery, and user-friendliness are just as important and should be considered as well. And Profee doesn't fail to deliver! Let's take a closer look at what Profee can offer when you make a money transfer from Poland to India.
Security
Profee upholds the gold standard in online safety. As a European EMI-licensed company, we bear a level of legal responsibility equivalent to that of any conventional bank. On an annual basis, we undergo certification in line with PCI DSS security standards. Moreover, Tier 4 data centres ensure the highest level of resilience and safeguards for your data and money online. Our platform goes the extra mile by incorporating 3DS and 2FA authentication. Profee employs every measure to guarantee that your Poland to India money transfer remains 100% secure.
Speed of delivery
Speed can be crucial when you send money from Poland to India. It is especially relevant if your family has urgent expenses they need to cover back home. With Profee, you can make swift transfers—a remittance from a card to a bank account takes minutes to get delivered. Poland to India money transactions have never been quicker! Support your loved ones at the highest speed.
User-friendliness
You don't have to spend hours figuring out how to send money from Poland to India, thanks to the user-friendly design of the Profee app and website. The interface guides you through the process, presenting clear instructions and employing visual aids to enhance the overall user experience. Besides, you can transfer money to 60+ countries without having to download the app!
We offer a simplified registration process, substantially reducing the time spent on bureaucratic procedures. Profee is a user-centric and efficient platform providing a stress-free and time-saving experience for our users.
Find out how to transfer money from Poland to India with Profee by following our simple guide:
- Select India as your destination country, pick a currency and indicate the amount you wish to transfer;
- Sign up for an account—it takes about 5 minutes to get started;
- Specify the details, such as your own and the recipient's bank details, and choose a payment method;
- That's it! Send money to India in just a few taps.
What is the most efficient way to transfer money from Poland to India? Using the right company for your remittances is key to staying on top of your finances. You should consider various crucial factors before you send money from Poland to India. When deciding on the company to transfer funds with, it's worth looking at PLN to INR exchange rates, along with fees, security measures, and delivery speed.
Profee stands out with its excellent currency exchange rates, making it the most cost-effective option for global transfers. Convert PLN to INR on the website before signing up for an account. Additionally, the company provides a secure and user-friendly platform, coupled with the fastest processing times, making it a reliable and efficient solution.
Profee is not just your average remittance company; it is the best option available on the market. When your family relies on you, you should always opt for the most effective solutions. Experience the difference and send money to India with Profee today!
