NOW SEND MONEY ABROAD FROM
THE COMFORT OF YOUR HOME

  • Send Money Abroad from India at Guaranteed LOWEST Rates
  • 24X7 Fully Online Booking Process
  • Funds received abroad within 12 - 48 hours
  • Zero Transfer Charges (use promo code: ZEROBANKFEE)
  • Freeze Rates for up to 3 Days. Book Now & Pay Later

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:

Today's Money Transfer Rates

Comparison: BookMyForex.com vs Others

MONEY TRANSFER ABROAD BookMyForex. com Other Forex providers*
Service Charges ZERO ₹200
Bank Charges ₹ 225 ZERO ₹ 1000
OVERALL HIDDEN CHARGES ₹ 0 ₹1200
* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion (use promo code: ZEROBANKFEE). Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements

Do Money Transfer for following purpose

A Close Relative Abroad or Your Own Account
Overseas Education
Foreign Investments
Medical Institution/ Hospital
For Immigration
Booking Your Tour

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BookMyForex is Rated 4.7 out of 5 Stars by Trustpilot Based on Over 1078 Reviews Rating as of 5th Jun'24

The BookMyForex Advantage over Banks & Other Forex Vendors


Book At Live Market Rates

Live and transparent transfer rates displayed 24x7. Options to lock-in your rate for as much as 3 days. Rate alerts to notify you when your desired rates are available.


Fastest Transfer Processing Times

All transfers are processed within 24 working hours after receipt of the funds & documents. Funds received by the beneficiary abroad within 24 hours at no extra cost.


Fully Online Remittance Process

Visiting the bank branch is a thing of the past now. With the launch of our fully online remittance process, you can do everything online on BookMyForex’s platform. Now send money abroad from the comfort of your home.


Zero Transfer Charges

BookMyForex waives off all sending charges associated with processing wire transfers. While banks typically charge between Rs. 500 - Rs. 2,500, with BookMyForex you pay absolutely ZERO.

How to Transfer Money in 4 easy steps

  • Step One Fill Sender’s & beneficiary’s details, money transfer purpose, requirement to confirm your eligibility.
  • Step Two Upload the required documents online
  • Step Three Transfer your funds online to book your rates
  • Step Four A digital A2 form will be generated. Our partnering bank will process your transfer post doorstep KYC and provide a SWIFT acknowledgement shortly afterward

Online Remittance - How It Works

Transfer Money from India to Abroad with BookMyForex

Looking for a reliable, fast, and affordable platform to send money abroad? Introducing BookMyForex, an innovative platform that simplifies international money transfers. We ensure your transactions are safe, secure, and seamless from beginning to completion. With competitive rates, a 24/7 order booking process, and zero transfer charges, transferring money to foreign countries has never been easier. Trust BookMyForex to meet all your international money transfer needs, delivering speed and convenience at every step of the process.

Exclusive Tie-Ups With Leading Banks for International Money Transfer 

Our partnerships with leading institutions like Yes Bank, RBL Bank, and RemitX allow us to provide efficient and swift international money transfer services. Through these strategic tie-ups, we ensure secure transactions and value for money for our customers.

Different Ways to Transfer Money from India to Overseas

1. Foreign currency Demand Drafts: Foreign currency Demand drafts are physical paper drafts that can be delivered to a foreign country physically or sent to a beneficiary overseas via courier/mail. Remember that transferring money by demand draft abroad is time-consuming and inconvenient.

2. Wire transfers: This is by far the easiest and most convenient way to transfer money abroad. Wire transfers are direct bank transfers where the money is sent directly from an Indian bank account to an overseas bank account of your beneficiary. With BookMyForex's wire transfer services, there are no transfer charges, making it a cost-effective method for sending money overseas.

How to Send Money Abroad from India with BookMyForex?

Transferring money from India to abroad using BookMyForex is a straightforward and convenient process. Whether you're sending money to a family member abroad, paying for education, covering medical expenses, or making foreign investments overseas, BookMyForex ensures that your funds are transferred effortlessly, giving you complete peace of mind. Below are the steps involved in sending money abroad from India:

1. Order Details: Enter your city, transfer country, and the transfer amount.

2. Customer Details: Verify the sender's details using an AADHAR card and PAN card.

3. Eligibility Check: Specify the purpose of the remittance and upload the necessary documents.

4. Beneficiary Details: Provide the beneficiary's name, address, bank details, and SWIFT code.

5. Review Order: Double-check the order details and complete the payment online.

Once you have completed these steps, a digital A2 form will be created. After conducting a doorstep KYC, our partner bank will process the transfer and you will receive a SWIFT acknowledgment shortly thereafter.

Why is BookMyForex the Best Platform for International Money Transfers?

BookMyForex has established itself as the preferred choice for international money transfers from India for several compelling reasons. 

1. Best Exchange Rates: BookMyForex offers the best exchange rates, ensuring you get the most value for your money when sending funds abroad. 

2. Zero Transfer Charges: We offer zero transfer charges (use Promo Code “ZEROBANKFEE”) and zero nostro charges (for remittance value up to 1000 USD) for international money transfers. 

3. Safe and Secure Service: BookMyForex is a highly reliable and secure platform, and funds are transferred via reputed partner banks. 

4. Quick Transfers: International Money Transfers are processed quickly, with funds available to beneficiaries within 12-48 working hours.

5. Online Booking Option: BookMyForex offers a user-friendly experience through both its website and mobile app, allowing you to initiate transfers 24/7 online at your convenience.

6. Lock-In Rates with "Book Now and Pay Later": With this feature, customers can lock in the favorable exchange rate for up to 3 days by making a refundable deposit of just 2%. 

7. Best Customer Support: Our dedicated customer service team and forex specialists are available to guide you through every step of the money transfer process, ensuring a seamless experience.

8. Exclusive Discounts for Students: Under the “BookMyForex Student Offer,” we provide exclusive discounts and offers for students studying abroad. 

Frequently Asked Questions

As per RBI guidelines, outward remittances are not permitted in high-risk countries indicated by FATF (Financial Action Task Force). The list gets updated from time to time. For more information please refer to the information available on Fatf-gafi.org

BookMyForex processes the remittances via trusted and authorized Banks in India. We track the orders and keep you posted with the progress until the remittance is sent from India to the beneficiary's account. Your online transaction on BookMyForex.com is processed over a secure HTTPS connection and secured with the highest levels of encryption available. All credit card and debit card payments on BookMyForex.com are processed through a secure and trusted payment gateway and your credit card/ debit card/ net-banking info is never stored on our servers.

Gifts up to USD 2000 per financial year can be sent on the basis of self-declaration, Gifts / Donations can also be sent under Liberalized Remittance Scheme (LRS) up to USD 2,50,000 in a financial year. Investment by an Indian resident individual in overseas companies would be sub-summed under the Scheme of USD 2,50,000.

The limit for money transfer from India to abroad is up to US$ 250,000 or its equivalent for the patient going abroad for medical treatment or check-up abroad. Up to US$ 25,000/ equivalent for attendant accompanying the patient going abroad for medical treatment/check-up within the overall limit of USD 250,000.

As an Indian, the limit to Transfer money from India is US$ 2,50,000 or its equivalent per annum (as long as the limit is not consumed/ part consumed in any other purpose stated under LRS) towards tuition fees, maintenance expenses books, etc.

The permissible purposes to transfer money abroad through BookMyForex.com are as follows:
   1.Maintenance of Close relatives abroad
   2.Education Abroad
   3.Medical Treatment Abroad
   4.Immigration Abroad
   5.Employment abroad
   6.Fees for examinations like GRE/GMAT/TOEFL
   7.Other Travel Including Holiday Trips
   8.Travel for education
   9.Travel for Medical Treatment

An international money transfer from India can be sent through the following modes:
   1. Wire Transfer from India (You Send Money online by doing a Bank to Bank Transfer of Money)
   2. Foreign Currency Demand Draft.

You can Transfer Money Overseas to the below-mentioned persons:

(a) Members of your Hindu undivided family.
(b) Your spouse.
(c) You are related to the beneficiary in any of the manners indicated below:
   1. Father (including step-father).
   2. Mother (including step-mother).
   3. Son (including step-son).
   4. Son's wife.
   5. Daughter.
   6. Daughter's husband.
   7. Brother (including step-brother).
   8. Sister (including step-sister).

Person resident in India' is identified as a person resident in India for more than 182 days during the preceding financial year in section 2(v) of FEMA, 1999, but does not include the following:

A person who has left India or who, in either case, remains outside India -

* For taking up work outside India
* For having a business or vocation outside India

For some other reason, his/her intention to remain outside India for an uncertain duration would be indicated in such circumstances.

An Outward Remittance is a money transfer to a beneficiary account outside of India (except for Nepal and Bhutan) for a purpose authorised under the FEMA (Foreign Exchange Management Act) of money in foreign exchange by a resident of India or an NRI (Non-Resident Indian). For various purposes, including education, emigration, maintenance of close relatives, international travel, gifts, medical care, donations, etc, you may send money from India abroad to a beneficiary. This whole process is termed as Outward Remittance.

Transfer Money Abroad from India via India's Best Forex App
  • Fully online & paperless process
  • Transfer money with zero sending charges (use promo code: ZEROBANKFEE)
  • Extremely competitive forex rates
  • Super fast transfers - Funds received in 4 - 24 business hours

Download the app

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Money Transfer Resources

BookMyForex

6,50,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over USD 1.2 Billions in Forex Transactions Processed

International Remittances Processed By

RBL Bank, YES Bank, Axis Bank

Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1.5 lakh or more (Use promo code: ZEROMARKUP)

** Same-day delivery is available from Monday to Friday (excluding holidays) when all payments and documents are received before 1PM.

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