Expat Banking, Remittances Abroad (Bangalore)
We've been here a few years and have several local bank accounts but recently our main client stopped paying by wire to our US bank, and now only pays locally in rupees.
We still have bills there and very soon need to find the most efficient and cost effective way to move income from Rupees in Indian banks to Dollars in our US bank.
So far we've only found the possibility that having local and US accounts with Citibank might reduce some fees and get a decent exchange rate, plus allow online ordering of wire transfers.
Any other links to web sites, personal experience/lessons learned, keyword search suggestions, etc would be helpful and appreciated. We need to get smarter on the topic fast.