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Online Money Transfer from India to Abroad - The Details

It takes just a few minutes to transfer money abroad online through BookMyForex. The method is quick and convenient to use. With BookMyForex, for educational expenses such as tuition fees, maintenance of your loved ones abroad, medical care of family members, foreign investments or as a gift or donation, you can send money overseas from India.

How to Send Money Abroad from India?

Avail the full benefits with BookMyForex’s fully online remittance process

A wire transfer can be performed pretty easily from India to a foreign country. Your wire transfer will be done as efficiently and cheaply as possible if you do it through BookMyForex. You would also have to book the order on BookMyForex's website and then sign the forms either online or offline. 

Here's how you can do a wire transfer order on BookMyForex. Simply follow  the steps given below: 

Step 1: You need to verify, first of all, whether or not you are eligible for an outward remittance. Now after doing that, you can mention the data of the sender along with the details of the receiver. You will also be required to disclose the purpose of your transfer of funds to a foreign nation.

Step 2: You will be required to send a few documents after you have listed the information. Documentation, such as PAN card, passport front and back page, remitter photo cum address proof, and many other records, would be essential. 

Remember that the customer still has the option of completing this document submission stage offline and signing the documents by going to the bank. It is better to select a document pickup option with COVID-19 in mind. The documents are also easy to upload on the website itself, saving you a lot of time. 

Step 3: You can now transfer funds to one of the BookMyForex partner banks conveniently later on.

Step 4: You will be booked for the forex rate which is shown to you on your device. Ultimately, a digital A2 form will be submitted to you. On the portal itself, you can sign it, so that you do not need to visit the bank. The transfer process will begin with our partnering bank and a SWIFT acknowledgment will be sent to you.

Benefits of choosing a fully online remittance process on BookMyForex?

1. You can now easily transfer funds from India to a foreign country. You do not need to visit any banks or other vendors as your transactions will be taken care of by our fully online remittance service. Let your transfer be taken care of by BookMyForex and we will ensure that it is transferred as soon as possible into the account of the recipient. Simply book the order on BookMyForex's website or app and leave the rest to us.

2. You're going to end up paying about 2% more than what you're going to spend on BookMyForex if you go directly to a bank to process the transaction. We also offer you the option of booking live foreign exchange rates and even freezing the rates if desired.

3. We like to keep the procedure pretty quick and secure at BookMyForex, so that you don't even need to worry about taking the documents yourself to the bank. What you need to do is upload the documents on our portal and that's pretty much it. It's so simple, trust us!

4. Our support team is just a call/email away, and because you matter to us, we try to answer all the questions as soon as possible. We believe in absolute transparency at BookMyForex and treat the money of the customers as our own money. Only through trusted banks in India are the remittances carried out.

Exclusive Tie-ups With Leading Banks to do a money transfer from India to overseas

BookMyForex through its exclusive tie-ups can offer you the absolute best rates on both wire transfers and foreign currency demand drafts which are popular methods to money transfer abroad. Both products are offered through our banking partners. Now with BookMyForex’s fully online remittance process in place, you can book an international money transfer order from the comfort of your home. We have the made whole process of documents submission hassle-free by providing you the option to upload all the required documents on our portal. 

With BookMyForex, you can even freeze the rate at which you want to do an online money transfer in India. Not sure if our money transfer services are right for you? Book a no-obligation order for absolutely no cost. You wouldn't have to pay a paisa until you decide to actually complete your order.