Many people want their money to be transferred to india without paying a penny. We as customers want the best service available in town but we tend to forget that best services never come free of cost.
Therefore, if we wish to transfer money using Remit2India services then I would request all the customers like me to change the sending mode from ACH to Online or Wire as both these transferring modes helps in transferring the money at the earliest and I believe it is one of the hassle free mode of sending money to India.
There are charges involved for using these options but one can ensure that the funds would get transferred in just 2 days and there wont be much fluctuations in market in just 2 days.
Remit2India is a service provider providing an ACH facility to the customers, this facility is indeed provided by most of the banks in USA for inter bank transfers related purpose and the cost involved in an ACH facility is very less as compared to the online or wire. However, remit2india is not charging any transfer fee if the amount is more than 1001$ whereas ICICI bank does charge 2$ for the same and the time taken is the same as compared to Remit2India.
Remit2India is a commercial establishment whose prime motive is do business and to earn profits, it is not a charitable organization. People want free and faster service which I seriously consider it as a myth rather than fact.