BookMyFOREX logo icon
Your Location:  Delhi  
Upto  ₹15,000 Cashback  on Education Transfers  
Sending Currency
INR
Indian Rupee
INR
Recipient Currency
USD
US Dollar
USD
USD AMOUNT
Live Rate ₹95.7671
INR AMOUNT
Remittance orders are usually processed within 48 working hours of placing the order
Send money abroad at live exchange rates with transparent charges
Secure online transfers powered by BookMyForex remittance partners

International Money Transfer

Send money internationally from India 24x7 at the lowest guaranteed rates. Enjoy secure, same-day international cash transfers through our trusted partner banks and unlock savings of up to 5% on every foreign money transfer.

Secure International Cash Transfer (Guaranteed Lowest Rates)

Check out today's money transfer live rates: 

United States flag
USD 
₹95.77 
European Union flag
EUR 
₹110.29 
UAE flag
AED 
₹26.75 
Singapore flag
SGD 
₹74.84 
Thailand flag
THB 
₹2.95 
Canada flag
CAD 
₹68.44 
Switzerland flag
CHF 
₹117.82 
Hong Kong flag
HKD 
₹12.51 
Saudi Arabia flag
SAR 
₹25.92 
South African flag
ZAR 
₹6.38 
Australia flag
AUD 
₹67.50 
Japanese flag
JPY 
₹0.61 
United Kingdom flag
GBP 
₹128.70 
New Zealand flag
NZD 
₹56.59 
  • Fast. Online. Secure. Same-day transfers via trusted banks.
     
  • Lowest Guaranteed Rates Zero hidden charges.
     
  • For All Remittance Needs Education, family, medical & more.
     

BookMyForex Offers

View All Offers
  • ₹500 cashback
  • RemitSPL Offer
  • Lowest Rate Guarantee

Remit Money from India with BookMyForex

Sending money abroad from India is now routine. Under the RBI's Liberalised Remittance Scheme, outward remittances have grown from under 10 billion dollars a few years ago to close to 30 billion a year. Behind that figure are parents paying college fees, NRIs moving savings, firms settling overseas bills, and families supporting relatives abroad.

For years, a bank branch was the only way. That meant queues, forms filled by hand, and a rate the bank set with a margin of its own. On a large transfer, that gap can cost tens of thousands of rupees. BookMyForex was built to close that gap. Compare live interbank rates online or on the app, and lock one in before you pay.

Finish your KYC and paperwork without a branch visit. Every transfer runs through RBI-authorised partner banks and stays fully FEMA-compliant. Funds usually reach the recipient the same or next business day, with the rate and fees shown before you confirm.
 

Why Trust Us

BookMyForex  -  India’s Leading Forex Marketplace 
Buy & sell forex online - order foreign currency notes, get forex cards, and send money abroad. Same-day doorstep delivery available in 65+ cities across India. Grab up to ₹7,500 cashback on forex card/currency notes and up to ₹15,000 on education related international money transfers!
  • Exchanged
    $1.7 Billion  + exchanged 
  • Customers
    6.5 Lakh  + customers 
  • Banks and Money Changers
    5,000+  Banks & money changers partnered 
BookMyForex is Rated  4.7 out of 5 Stars.  Based on  44,240 Reviews. 

How to Send Money Abroad from India

BookMyForex makes it incredibly simple to send money internationally from India. Whether you're supporting family overseas, paying university fees, or sending money abroad for any other purpose, just follow these 4 steps:
 

  1. Enter Amount & Currency
    Instantly view live rates,  applicable fees,  and how much your recipient will receive 
  2. Upload Documents
    A quick, fully online process, no branch visits, no physical paperwork
  3. Add Recipient Detail
    Provide the beneficiary's bank account number and  bank’s SWIFT/BIC code 
  4. Make Payment
    Pay via UPI or net banking. Education transfers same-day; all others within 12-48 hours

Best Way to Send Money Internationally? BookMyForex! Faster, Cheaper, Simpler

  • Best Rates, TransparencyInterbank-linked best rates and zero hidden charges 
  • 24x7 Online BookingSend money easily 24x7 via our website or app 
  • Quick Transfer Funds received abroad in as little as 6 hours 
  • Send Money WorldwideRemit funds to over 150 countries 
  • Rate Lock-In FeatureLock in desired rates for up to 3 days 
  • On-Call & Online SupportAssistance available via phone and chat 

BookMyForex International Money Transfer Statistics

Recent activity
  • GBP 2,400 sent to United Kingdom (UK) from Bangalore for family maintenance
  • SGD 6,315 sent to Singapore from Bangalore for a personal transfer
  • EUR 3,500 sent to Spain from Delhi for education fees
  • THBstrengthened by 0.3% against Indian Rupee (vs yesterday, 6 Aug 2026)
  • EURweakened by 0.1% against Indian Rupee (vs last week, 31–6 Aug 2026)
Source: Indicative transaction trends

Popular Destinations for Money Transfer from India

Outward transfers from India cluster around a few corridors, and each has its own reason. North America leads. The US and Canada draw the highest volumes. The money goes to student fees, NRI investments, and family support. The UK and Europe come next. They cover UK tuition, settled Indian families, and tech and research jobs.

Australia and New Zealand run on education and skilled migration. The Gulf is driven by workers sending money home, led by the UAE and Saudi Arabia. Singapore and Malaysia add business and tech payments.
 

Purposes for Which You Can Transfer Money from India

As per  RBI's Liberalised Remittance Scheme (LRS) , Indian residents can send up to USD 250,000 per financial year for a wide range of purposes. Here are the key purposes allowed: 

  • Payments to any Individual Living Abroad 
  • University Fee Payments 
  • Investment in Foreign Stocks and Equities 
  • Funds Transfer for Emigration and Foreign Employment 
  • Medical Treatment Abroad 
  • Gifts and Donations Abroad 

Best Way to Send Money from India

Wire transfers are the easiest and most affordable option to send money from India to over 150 countries. Enjoy the speed and convenience of sending money overseas directly from your Indian bank account to the recipient's account. Read more to  discover everything about wire transfers . 

Top Countries for Sending Money Internationally with BookMyForex

Comparison: BookMyForex vs. Other Ways to Send Money from India

Feature
Exchange Rates
Fees & Charges
Transfer Speed
Countries Supported
Rate Lock-In
Availability
Money Transfer via BookMyForex
Interbank-linked best rates; save up to 5%
Transparent partner fees (₹320 + GST bank fee + ₹1,180 nostro); no hidden markups
Same-day (education, as fast as 6 hrs); 12-48 hrs
150+ countries worldwide
Lock in rates for up to 3 days
24/7 online booking via website & app
Offline Remittance Providers
High markups (up to 5%), limited transparency
High service fees + hidden charges
3-7 working days (minutes for cash pickup in some corridors)
Limited to select corridors
Not available
Limited to office/agent hours
Bank Wire Transfer
2-4% markup over base rate
₹1,500-₹2,000 flat + GST/SWIFT
3-5 working days
Most countries via SWIFT
Not available
Limited to bank hours

Documents Required for International Wire Transfer from India

The documents required for your  international wire transfer  depend on the purpose of remittance. Three documents are mandatory for all transfers: 

  • PAN card
  • Address proof (Aadhaar / Passport / Voter card) 
  • A2 cum LRS declaration form (filled at time of booking) 

Additional documents by purpose:

Required Documents:

• Admission letter / University offer letter
• Student's valid passport (if remitter is a close relative)
 

How Money Transfer from India Works

Every transfer from India follows the same broad path, online or on the app. You pick the currency and amount, see the live rate, and lock it in for up to three working days. Next, you enter your PAN and address, add the recipient's bank details, and upload your documents. This includes your KYC and an A2 cum LRS form. Nothing needs a branch visit.

Once your papers are checked, the transfer is routed through an RBI-authorised partner bank over the SWIFT network. It reaches the recipient's account in local currency, usually the same or next business day. The bank details vary by country, such as an ABA number for the US, a sort code for the UK, and an IBAN across most of Europe.
 

Send Money Overseas from India with the BookMyForex App

Safety First: How BookMyForex Protects Your Money

TCS on International Money Transfers from India

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 → 

Different Purposes Why Indians Transfer Money Abroad

Purpose of Money Transfer from India 
Description
 
Higher Education
 
Tuition, hostel deposits, and living costs for students at colleges abroad, often paid as large lump sums each intake.
 
Family Maintenance & Gifts
 
Regular support for relatives overseas, covering rent, food, and daily costs, along with monetary gifts sent to family.
 
Investments & Property
 
Money moved into overseas shares, mutual funds, retirement accounts, or property, under the yearly LRS limit.
 
Business & Vendor Payments
 
Payments to foreign suppliers, freelancers, consultants, and service providers, backed by the required invoices and documents.
 
Medical Treatment Abroad 
Hospital deposits, surgery costs, and treatment fees for care abroad, sent ahead of the procedure. 
Employment & Immigration 
Visa fees, proof of funds, and early settling-in costs for people moving abroad for work or permanent residency. 
Travel & Extended Stay 
Top-ups for long trips, internships, and fellowships, where money is needed over a longer stay rather than a short visit. 

BookMyForex International Wire Transfer Testimonials

Ayush Jaiswal
Ayush JaiswalLucknow, Uttar Pradesh
I had to travel from Delhi to Lucknow last minute, but my forex card was scheduled for Delhi delivery. The customer service team seamlessly rerouted it to Lucknow.
Ashish RanaNoida, Uttar Pradesh
BookMyForex is highly recommended for anyone needing quick and reliable currency exchange at their doorstep, especially in urgent situations.
Shani Saroj
Shani SarojGurugram, Haryana
BookMyForex's exchange rates are among the best in the market, with complete transparency and no hidden charges.
Lalita YadavGurugram, Haryana
BookMyForex offers a smooth and hassle-free forex exchange experience. Their customer support is responsive, and overall it's a reliable platform for forex services.
Pritam Sadhukhan
Pritam SadhukhanPune, Maharashtra
Great experience with BMF. Got my forex card and currencies within 12 hours. Heard about them from a friend, and they delivered super quick. Will definitely recommend!
Jayesh Nema
Jayesh NemaKolkata, West Bengal
My forex request was expedited and processed within just one day, which was truly impressive. It's rare to see such prompt service and genuine customer focus.
Dev Mathuli
Dev MathuliMumbai, Maharashtra
What stood out most was the lightning-fast delivery, my card arrived much earlier than expected! Loading foreign currency was easy, and the exchange rates were very competitive.
Aashish Arora
Aashish AroraNoida, Uttar Pradesh
Bookmyforex is the only platform for my travel currency needs. I have been using this for about 8-9 years and the service is really good. The delivery of the cards/notes is very smooth and quick.
Vaibhav DalviMumbai, Maharashtra
Booked it last night, got the delivery before mid-day today. Have never seen a better delivery than this before!
Malika Galib ShahNew Delhi, Delhi
The delivery partner was very helpful and accommodative. I wasn't in town but he called to ensure that he delivers the card as soon as I'm in my designated location. No fuss at all.
Sanjay Tripathi
No hidden charges, Easy to use, Excellent Order Tracking, Best Exchange Rate
Pratyaksh
Smooth and Easy Online Process

BookMyForex Media Mentions

Frequently Asked Questions (FAQs) About Overseas Money Transfer from India

What is an outward remittance?

An outward remittance is a transfer of money in foreign exchange from India to a beneficiary's bank account abroad, for a purpose permitted under the Foreign Exchange Management Act (FEMA). Residents and NRIs use it to send money overseas for needs such as education, family maintenance, medical treatment, travel, emigration, and gifts. Transfers to Nepal and Bhutan are not treated as outward remittances.

How much money can I send abroad from India in a year?

Under the RBI's Liberalised Remittance Scheme (LRS), a resident individual can send up to USD 250,000 (or its equivalent) per financial year, across all permitted purposes combined. This single limit covers education, maintenance, medical treatment, gifts, investments, and more. Remitting beyond USD 250,000 in a year requires prior RBI approval.

For what purposes can I send money abroad through BookMyForex?

Under the Liberalised Remittance Scheme (LRS), you can transfer money overseas for purposes including higher education and tuition fees, maintenance of close relatives abroad, medical treatment and check-ups, employment and emigration, business and professional payments, international travel and extended stays, and gifts and donations, with each purpose potentially requiring supporting documents that are listed at the time of booking.

Will I have to pay TCS (tax) on sending money abroad?

TCS (Tax Collected at Source) applies only once your total foreign remittances cross ₹10 lakh in a financial year. Above that threshold, education and medical transfers attract 2% (effective 1 April 2026), while most other purposes - gifts, investments, family maintenance - attract 20%. Education funded by an approved loan is exempt. TCS is not an additional charge: you can adjust it against your income tax or claim a refund when you file your return. It does not apply to NRIs.

What are the ways to send money abroad from India?

You can send an international money transfer two ways: a wire transfer, where money moves bank-to-bank directly to the beneficiary's overseas account, or a foreign currency demand draft. Wire transfer is the faster and more popular option and can be initiated entirely online through BookMyForex.

Is it safe to transfer money abroad with BookMyForex?

Yes. BookMyForex processes every remittance through RBI-authorised partner banks in India, in full compliance with FEMA, and tracks your order until the funds reach the beneficiary. Transactions run over a secure, encrypted HTTPS connection, payments are handled by trusted gateways, and your credit card, debit card, and net-banking details are never stored on our servers.

What documents are required to send money abroad?

Three documents are mandatory for every transfer: a PAN card, an address proof (which may be an Aadhaar, a passport, or a voter ID), and a completed A2 cum LRS declaration form, which is required at the time of booking. Depending on your purpose, you may also need supporting proof, such as a university offer letter for education, relationship proof for family maintenance, or a hospital invoice for medical treatment.

Can NRIs use this service, and who counts as an Indian resident?

LRS and its TCS rules apply to resident individuals, not NRIs. Under FEMA, a person is generally treated as a resident if they spent more than 182 days in India during the preceding financial year. NRIs typically move funds through NRE or NRO accounts, which follow separate repatriation rules and are not subject to LRS TCS.