How we collect, verify, and compare financial products to help you make informed decisions
We don't accept payment from providers to manipulate rankings. Our comparisons are based solely on rates, fees, and user value.
Rates updated every 6 hours from official sources. Manual verification ensures data quality.
Exchange rates change constantly. We update data every 6 hours to ensure you see current market conditions.
We disclose affiliate relationships and explain exactly how we collect and compare data.
For each transfer, we calculate the total INR received (for India transfers) or total destination currency received. This includes:
Formula:
Providers are ranked by total destination currency received (highest to lowest). This ensures the best value for users, regardless of how providers structure their fees.
We also show the markup percentage (difference from mid-market rate) for transparency.
The mid-market rate (also called the interbank rate) is the midpoint between the buy and sell prices of two currencies. This is the "true" exchange rate without any markup.
| Data Type | Update Frequency | Method |
|---|---|---|
| Exchange Rates | Every 6 hours | Automated scraping + API |
| Transfer Fees | Weekly | Manual verification |
| Credit Card Offers | Monthly | Manual review + bank updates |
| Forex Card Rates | Daily | Automated scraping |
| eSIM Plans | Quarterly | Manual verification |
| Blog Content | Quarterly review | Editorial audit |
Transparency is core to our mission. We participate in affiliate programs with some of the providers we compare. This means we may earn a commission if you click on a provider link and complete a transfer or sign up for a service.
Important: Affiliate relationships do NOT influence our rankings. We rank providers based solely on the total value users receive (exchange rate + fees). Whether a provider has an affiliate program or not has zero impact on their position in our comparisons.
Affiliate commissions help us maintain and improve RemitIndex. We invest revenue back into better data collection, more frequent updates, and comprehensive content to help NRIs make informed decisions.
Our system alerts us if any provider's rate deviates significantly from expected ranges or if scraping fails.
Top 3 providers for each corridor are manually checked weekly. We visit provider websites directly to confirm rates.
Users can report discrepancies via our contact form. We investigate all reports within 24 hours.
Full system audit every quarter to ensure data accuracy, update scraping scripts, and verify methodology compliance.
We're committed to transparency. If you have questions about how we collect data, compare providers, or any aspect of our methodology, we'd love to hear from you.
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