How to Transfer Money to an NRE Account from Abroad

Transferring Money to Your NRE Account from Abroad

विदेश से अपने NRE खाते में पैसे ट्रांसफर करना

To transfer money to your NRE account from abroad, use Wise, Remitly or Xoom with your NRE account number and the branch's IFSC code — it costs about $2–$8 per $1,000 and arrives in minutes. For a traditional bank wire, also provide your bank's SWIFT code.

Your NRE account is designed to receive foreign income tax-free and keep it freely repatriable. Sending money into it is easy — you just need the right details. Here's how.

What You Need to Transfer to an NRE Account

NRE खाते में ट्रांसफर करने के लिए आपको क्या चाहिए

NRE account number — the full account number (12–15 digits, depending on the bank).
Branch IFSC code — 11 characters identifying the branch. Look it up free here.
Your name — exactly as on the NRE account.
Bank SWIFT code — only for traditional wires (e.g., SBININBB for SBI).

Best Ways to Fund Your NRE Account

अपने NRE खाते को निधि देने के सर्वोत्तम तरीके

Method	Cost on $1,000	Speed
Wise	~$4–$8	Minutes – hours
Remitly	~$2–$8	Minutes
Xoom	~$5–$11	Minutes
SWIFT wire	$15–$45 + markup	1–5 days

Does it Matter That It's an NRE Account?

क्या इससे फर्क पड़ता है कि यह NRE खाता है?

For the provider, an NRE account looks like any other Indian account — you enter the account number and IFSC. The NRE status matters for tax and repatriation, not for routing. The funds land in INR and remain freely repatriable because they're in an NRE account.

Receiving SWIFT Wires into NRE

NRE में SWIFT वायर प्राप्त करना

For large amounts (e.g., from your employer or an investment sale), a SWIFT wire may be needed. Provide the sender with your bank's SWIFT code (e.g., SBININBB, HDFCINBB, ICICINBB), your NRE account number, and your name. Expect 1–5 business days and higher fees.

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Frequently Asked Questions (FAQs)

अक्सर पूछे जाने वाले प्रश्न (FAQs)

Q1. Can I transfer money to my NRE account from the USA?

प्र1. क्या मैं USA से अपने NRE खाते में पैसे ट्रांसफर कर सकता हूं?

Yes. Use Wise, Remitly or Xoom with your NRE account number and branch IFSC code, or a SWIFT wire with your bank's SWIFT code.

Q2. Is money transferred to an NRE account taxable?

प्र2. क्या NRE खाते में ट्रांसफर किया गया पैसा कर योग्य है?

No. Money credited to an NRE account from abroad is tax-free in India and the interest is also exempt.

Q3. What SWIFT code do I need for an NRE wire?

प्र3. NRE वायर के लिए मुझे किस SWIFT कोड की आवश्यकता है?

Your bank's SWIFT/BIC code — e.g., SBININBB for SBI, HDFCINBB for HDFC, ICICINBB for ICICI.

Q4. Can I transfer money from NRO to NRE?

प्र4. क्या मैं NRO से NRE में पैसे ट्रांसफर कर सकता हूं?

Yes, up to the USD 1 million annual repatriation limit for NRO funds, subject to applicable tax clearance.

Q5. How long does money take to reach my NRE account?

प्र5. मेरे NRE खाते में पैसे पहुंचने में कितना समय लगता है?

Wise, Remitly and Xoom typically credit NRE accounts in minutes to a few hours. SWIFT wires take 1–5 business days.

Sources: RBI FEMA; provider pricing pages, 2026. Figures are indicative.