I was preparing for my trip to India and had to transfer some money to a HDFC bank account in India. I did some research and found HDFC Quickremit which promised low fees and reasonable exchange rates. Moreover, they have an arrangement with my bank (DBS) in Singapore which I can make a quick funds transfer and avoid the use of credit cards. Everything sounds good.
But my experience has not been great. Here’s my 1 month saga.