I use BookMyForex fund transfer services for my US university tuition and living expenses from India because they offer the best exchange rates.
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Sending Currency
Indian Rupee
INR
Since you're sending from India, this currency is fixed to INR for your transfer.
Recipient Currency
US Dollar
USD
USD AMOUNTLive Rate ₹95.351
INR AMOUNT
Remittance orders are usually processed within 48 working hours of placing the order
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Money Transfer in Pune
Send money internationally from Pune 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 Service in Pune (Guaranteed Lowest Rates)
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Send Money Abroad from Pune with BookMyForex
Pune has two engines behind its outward money flow. One is the tech belt at Hinjewadi and Kharadi. The other is the automobile and machinery plant cluster at Chakan and Pimpri. Add to that a huge student base at local colleges, and you get a city that transfers money abroad all year. Fee transfers peak in July and August, while manufacturing payments follow order cycles.
Most people here book a transfer through a bank branch, which normally takes two to three working days to complete. The genuine catch is the exchange rate, because banks build 2% to 4% into the live exchange rate, and it never appears as a separate fee.
BookMyForex operates on a transparent model, offering live interbank rates, no hidden charges, same day processing through partner banks, and a booking you finish online.
That saves you a branch journey, a lengthy wait, and a disappointing rate at the final step, so Pune can send money abroad without ever leaving the office.
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!
$1.7 Billion+ exchanged
6.5 Lakh+ customers
5,000+ banks & money changers partnered
How to Send Money Abroad from Pune
BookMyForex makes it incredibly simple to send money internationally from Pune. Whether you're supporting family overseas, paying university fees, or sending money abroad for any other purpose, just follow these 4 steps:
- Enter Amount & CurrencyInstantly view live rates, applicable fees, and how much your recipient will receive
- Upload DocumentsA quick, fully online process, no branch visits, no physical paperwork
- Add Recipient DetailProvide the beneficiary's bank account number and bank’s SWIFT/BIC code
- Make PaymentPay via UPI or net banking. Education transfers same-day; all others within 12-48 hours
Best Way to Send Money Internationally in Pune? BookMyForex! Faster, Cheaper, Simpler
- Best Rates, GuaranteedInterbank-linked rates, zero hidden charges, Lowest Rate Guarantee*
- 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
Safety First: How BookMyForex Protects Your Money
- Trusted Banking PartnersExclusive tie-ups with top banks in India like RBL and Instarem
- Advanced-Data EncryptionBank grade encryption to protect your data
- Secure Payment GatewaysSecure payment acceptance and routing via reputed payment gateways
BookMyForex International Money Transfer Statistics
Recent activity
- AUD 8,550 sent to Australia from Mumbai for education fees
- USD 8,184 sent to United States of America (USA) from Chennai for family maintenance
- EUR 13,341 sent to Germany from Bangalore for emigration
- USD ▼ weakened by 0.6% against Indian Rupee (vs yesterday, 21 Oct 2026)
- GBP ▲ strengthened by 0.0747% against Indian Rupee (vs last week, 15–21 Oct 2026)
Source: Indicative transaction trends
Popular Destinations for Overseas Money Transfers from Pune
Pune sends money along paths shaped by its factories and its campuses. The United States leads on university fees and tech pay. Germany is unusually strong for an Indian city, since so many automobile and machinery companies here are German owned. The United Kingdom follows on tuition.
Japan matters for the auto belt, with parts and royalty payments flowing east. Canada and Australia draw a large share of student fees. Singapore and the Netherlands are growing corridors, driven by staff moves and by companies that bill in those markets.
BookMyForex covers each of these corridors with live rates, same day processing, and no hidden charges.
Purposes for Which You Can Transfer Money from Pune
As per RBI's Liberalised Remittance Scheme (LRS) , Indian residents can send up to USD 2,50,000 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 Pune
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 from Pune with BookMyForex
Comparison: BookMyForex vs. Other Ways to Send Money from Pune
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%
Just ₹320 + GST bank fee and ₹1,180 Nostro charges, with no hidden charges
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
Online Remittance Providers
High markups (up to 5%), limited transparency
Variable transfer fees based on the amount and currency, going up to ₹7,500 per transaction
3-7 working days (minutes for cash pickup in some corridors)
Limited to select corridors
Not as flexible
Subject to banking hours, currency and payment method.
Bank Wire Transfer
2-4% markup over base rate
₹1,500–₹2,000 Bank Fee + GST + Additional Nostro Charges depending upon currency
3-5 working days
Most countries via SWIFT
Not available
Limited to bank hours
Documents Required for Foreign Money Transfer from Pune
The documents required for your international wire transfer from Pune depend on the purpose of remittance. Three documents are mandatory for all transfers:
- PAN card
- KYC and Address Proof (Aadhaar / Passport / Voter card)
- Outward Remittance Application (A2 cum LRS Declaration)
Additional documents by purpose:
Required Documents:
• Admission letter / University offer letter
• Student's valid passport (if remitter is a close relative)
• Admission letter / University offer letter
• Student's valid passport (if remitter is a close relative)
Popular Areas in Pune to Send Money Abroad
Money Transfer Areas in Pune
Pros of Area
Cons of Area
F C Road
The heart of the student belt, with dealers who handle fee and visa files every day.
The stretch is crowded most evenings, and rates are set for a young walk in customers.
M G Road Camp
The old money changing hub of the city, with many licensed dealers side by side.
Parking is genuinely difficult, and the rate you get on the counter is rarely the best.
Hinjewadi
Sits inside the largest tech park belt, so employment and education transfers are routine here.
Counters are few for the crowd they serve, which keeps pricing firm all week.
Kothrud
An established residential area with consistent demand and dealers who know school transfers well.
Choice is narrow, and unusual currencies often need a day of advance notice to arrange.
Viman Nagar
Close to the airport, with counters that stay open late for last minute needs.
Airport demand lifts rates, so this is one of the costlier spots in the city.
Baner
A fast growing office and flat belt where new dealers have opened in recent years.
The market is still developing, so service on large or complex transfers can be inconsistent.
Koregaon Park
Draws foreign visitors and companies, so counters here handle many currencies daily.
Rents are high on this stretch, and that shows up in the margin you pay.
Hadapsar
Serves the Magarpatta office cluster, with counters set up for salaried staff.
Options narrow quickly after office hours, and weekend service is inconsistent.
Aundh
A calm area with convenient links to the tech belt and a reasonable spread of dealers.
Volumes are modest, so dealers here have little reason to improve their pricing.
Pimpri Chinchwad
The industrial twin city, with counters used to factory and vendor payment work.
Retail service takes a back seat, so small personal transfers can feel slow.
Other popular areas for money transfer in Pune include:
- Wakad
- Kharadi
- Deccan Gymkhana
- Shivajinagar
- Katraj
- Bibwewadi
- Nigdi
- Warje
- Pashan
Send Money from Pune with the BookMyForex App
Whether it's for university fees, medical expenses, a heartfelt gesture, funding your GIC/ blocked account, or any other purpose, the BookMyForex App makes transferring money from India effortless.
Download the app and transact with ease, right from your smartphone!
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TCS on International Money Transfers from Pune
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 People Transfer Money Abroad from Pune
Purpose of Money Transfer from Pune
Description
Higher Education
Pune parents fund degrees in the USA, Germany, the UK, and Australia. The city also hosts many students who later study abroad. Fee transfers peak in July and August.
Business & Trade Payments
Auto and machine plants at Chakan and Pimpri pay parts and royalty bills to Germany, Japan, and Italy. These transfers are large and tied to fixed order cycles.
Family Maintenance
Many Pune homes have a child settled in the USA, Germany, or Australia. Funds move each month to cover rent, food, and school costs in those cities.
Employment & Relocation Costs
Staff moving to Germany, the USA, or the Gulf get initial funding from home. It pays for apartment deposits, visa application fees, and early living expenses abroad.
NRI Investment & Savings Transfers
Pune investors with tech and plant jobs move a portion of their income into foreign funds and property. The LRS limit sets the yearly ceiling on how much can go out.
Medical Treatment Abroad
A small group travels to Germany, the USA, or Singapore for treatment not available locally. Hospitals ask for a deposit, so the transfer must clear well before travel.
Travel & Extended Stays
Business travel to Europe and Japan, plus extended family visits, drive a consistent flow of mid sized transfers from Pune, with a rise around the summer break.
Immigration & Visa Fees
Germany job seeker visas, Canada PR, and Australia study files are common in Pune. Each needs fees, immigration lawyer fees, and proof of funds sent abroad on a fixed date.
BookMyForex International Wire Transfer Testimonials
As a senior citizen, I was anxious about completing the transaction, but BookMyForex guided me patiently. The funds were credited to my son's account super fast!
Great remittance platform with prompt service. I hit a few initial hiccups, but the team resolved everything quickly. Overall, an excellent experience!
BookMyForex is transparent, safe, and easy to use. The team is highly experienced, providing fast transfers, the best exchange rates, and minimal bank fees.
Great service, fast transfers, and good rates. Their team explained everything over the phone and made the whole process easy!
Sanjay Tripathi
No hidden charges, Easy to use, Excellent Order Tracking, Best Exchange Rate
Pratyaksh
Smooth and Easy Online Process
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