Send Money to Romania (in USD)

Romania hosts a fast-growing Indian community, with around 11,000 Indians recorded and the working population rising sharply in recent years. Bucharest anchors the community, alongside Cluj-Napoca, Timisoara, Iasi, Brasov, and Constanta.

The corridor has two clear strands. Romanian employers have recruited heavily from India for construction, hospitality, food delivery, and manufacturing roles since 2019, and Romanian medical universities admit large numbers of Indian students to English-taught programmes in Cluj-Napoca, Timisoara, Iasi, and Bucharest.

These ties make sending money to Romania a regular requirement. Tuition instalments, rental deposits, and family support are involved, and transfers are sent in US dollars rather than in Romanian leu, which is not a euro currency despite Romania's European Union membership. Romania joined the Schengen area fully in 2025, which has made travel easier but has not changed the currency, so leu remains the settlement currency locally.

Even small differences in exchange rates or fees affect the final amount received. BookMyForex helps you send money to Romania with better rates, faster processing, and complete transparency at every step. 

Indian remittances to Romania concentrate in the capital and the university cities. Bucharest receives the highest volume by a wide margin, home to the largest Indian working population, the embassy, and most employers recruiting from India.

Cluj-Napoca attracts steady inflows tied to its medical university and technology sector. Timisoara and Iasi receive transfers connected to medical faculties and manufacturing, while Brasov, Constanta, and Sibiu see smaller but regular flows tied to hospitality, port logistics, and factory employment. Craiova, Oradea, and Arad receive occasional flows tied to manufacturing plants and warehouse employment. 

Top Countries for Sending Money Internationally with BookMyForex

Explore the Complete Money Transfer Guide → 

Accurate beneficiary details, including the recipient's IBAN and the bank's SWIFT code, are essential, and Romanian banks check the account holder name against the IBAN before crediting funds.

Transfers from India are sent in US dollars, and the receiving bank converts to leu at its own rate on arrival, so the credited amount can differ slightly from the figure quoted in India. Most recipients bank with Banca Transilvania, BCR, BRD, or ING Romania. Confirm whether the recipient holds a leu or euro account, as the two convert differently. 

As per the Union Budget 2026, Tax Collected at Source (TCS) applies to outward remittances under LRS based on the purpose and amount of transfer. Here are the applicable TCS rates:

● Education via education loan: 0% TCS (any amount)
● Self-funded education & medical treatment: Nil up to ₹10 lakh; 2% above ₹10 lakh
● All other outward remittances: Nil up to ₹10 lakh; 20% above ₹10 lakh

Note: TCS is not a final tax, it can be claimed as credit when filing your ITR. BookMyForex auto-calculates applicable TCS at checkout so there are no surprises.

 Know More About TCS → 

Read More Money Transfer Reviews →