RQ
RemitIQ
πŸ‡­πŸ‡°HKD β†’ INR

Best Way to Send Money to India from Hong Kong

Compare live HKD to INR exchange rates across 4 leading platforms. Find the cheapest transfer for your money.

Indian Diaspora

55,000

Annual Remittance

$500 million

Average Transfer

HK$10,000

Top Providers for Hong Kong β†’ India

4 providers compared

#1
W

Wise

4.8BEST RATE

Margin

0%

Fee

HK$0.42 + 0.5%

Speed

Minutes

#2
R

Remitly

4.7

Margin

0.56%

Fee

FREE

Speed

Minutes

#3
I

Instarem

4.4

Margin

1.03%

Fee

HK$1.99

Speed

Same day

#4
WU

Western Union

3.9

Margin

1.86%

Fee

HK$4.99

Speed

Minutes

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Frequently Asked Questions: Hong Kong β†’ India

What is the cheapest way to send money from Hong Kong to India?

Wise offers the best HKD to INR rate with low transparent fees. Instarem is also competitive for this corridor.

How long does a HKD to INR transfer take?

Most transfers arrive within minutes to 24 hours.

Are there reporting requirements?

Hong Kong has no foreign exchange controls. Transfers over HKD $120,000 may require additional KYC documentation.

Is remittance from HK to India taxable?

Hong Kong has no tax on outward remittances. India does not tax inward remittances.

Send Money to India From Other Countries

Hong Kong is home to an Indian diaspora of approximately 55,000 people, contributing $500 million in annual remittances to India. RemitIQ helps you compare live HKD to INR exchange rates across 4+ platforms to find the absolute best deal β€” no hidden fees, no conflicts of interest.