Sending Money Abroad from India
December 19, 2017
7 minutes, 37 seconds Read

Sending Money Abroad from India. All Your Questions Answered

Sending Money Abroad from India

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—Who is a ‘close relative’?

—What are the Ways to Send Money Abroad?

Wire Transfer– Wire transfers are direct bank to bank transfers where money from an Indian bank account is directly transferred to your beneficiary’s bank account abroad. Wire transfers from India are the best and most convenient way to transfer money abroad.

—Foreign Currency Demand Draft- A secure and hassle-free way of transferring money. Foreign currency demand drafts are physical paper drafts that can be carried physically internationally or couriered/mailed to a beneficiary abroad.

—Sending Money Abroad from India- But through Whom?

–Banks: Banks are safe and convenient to send money abroad from but the charges are high.

–Money exchangers: Sending money abroad through money exchangers is fast but very expensive. And it is not entirely reliable or secure.

–Online Forex Companies like BookMyForex- Fast, safe, reliable, and secure. Zero charges, no hidden costs, and better rates than anyone else.

—Is There An Alternative Way To Send Money Abroad?

For many purchases and payments, Forex Card is a convenient alternative to money transfers. You get:

Best rates (If you can find a better rate, BookMyForex promises to beat that rate)

Best customer support, available 24×7 on every medium (FB/Twitter/Call/Email)

There are no foreign transaction fees,

There are no charges or  fees

You carry forex at fixed rates – no need to worry about exchange rate fluctuation or from heavy charges of 3-6% levied by the banks.
Zero Issuance or reload charge.
Safe and convenient to use.
Can be reloaded at any time and from anywhere.
Cash assistance in case of the loss/theft of the card.
Add on card facility available which makes it absolutely safe as the lost card can be blocked and balance transferred to the new card.
You get foreign currency cash at a discount when bought with Forex Cards.

—Is this possible to transfer funds from forex card to overseas bank account?

 No, a transfer from forex card to account is not possible.

—How much will it cost to Send Money Abroad?

The costs are in three parts:

Foreign exchange rates

What the company will charge you for sending money abroad.

The receiving Bank’s charges.

BookMyForex guarantees you the best rates for sending money abroad from India.

Smarter, Faster & Most Trusted Way to Transfer Money from India

No Hidden Fees. No Add-On Charges. Lowest Rates, Guaranteed!

Send Money Abroad from India at the lowest possible rates.

Best Rate Guarantee – Find us a BETTER RATE & we’ll beat it.

Fastest Transfers – Book your order online and have your transfer processed in the next 12 – 48 business hours.

 

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