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 ₹95.5421
INR AMOUNT
Remittance orders are usually processed within 48 working hours of placing the order
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Money Transfer in Rajkot
Send money internationally from Rajkot 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 Rajkot (Guaranteed Lowest Rates)
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Send Money Abroad from Rajkot with BookMyForex
Rajkot is the workshop of Saurashtra, and its money moves along two very old paths. One is the casting and machine belt, where foundries and engine makers buy tools abroad and sell parts overseas. The other is family. Few Indian cities have sent as many people to the USA and the UK per household. Fee weeks fall in July and August.
Families here have sent money to relatives in America for three generations, usually through whichever bank the branch manager suggested. That habit costs 2% to 4% every single time, quietly, inside the rate.
BookMyForex shows the live interbank number instead, so the comparison takes ten seconds rather than an act of faith. The number is the same one the interbank market is trading on. Compare the rate yourself, book it in minutes, and skip the trip into town. The confirmation arrives the same working day.
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 Rajkot
BookMyForex makes it incredibly simple to send money internationally from Rajkot. 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 Rajkot? 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
- EUR 1,608 sent to Spain from Bangalore for a personal transfer
- AUD 3,000 sent to Australia from Delhi for education fees
- GBP 900 sent to United Kingdom (UK) from Pune for education fees
- MYR ▼ weakened by 0.7% against Indian Rupee (vs yesterday, 20 Oct 2026)
- GBP ▲ strengthened by 0.4% against Indian Rupee (vs last week, 14–20 Oct 2026)
Source: Indicative transaction trends
Popular Destinations for Overseas Money Transfers from Rajkot
The United States is far ahead of every other market, built on a diaspora that runs deep in the hotel and retail trade. The United Kingdom follows, with strong ties to Leicester and the Midlands. Canada has grown quickly on the back of study permits.
The UAE takes in trade payments from engine and pump exporters. Germany and Italy matter for machine tool imports. Kenya, Uganda, and Tanzania hold family links that go back three generations and still bring in regular sums.
The Chicago family transfer and the Taiwanese tooling invoice are quoted from the same live screen.
Purposes for Which You Can Transfer Money from Rajkot
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 Rajkot
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 Rajkot with BookMyForex
Comparison: BookMyForex vs. Other Ways to Send Money from Rajkot
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 Rajkot
The documents required for your international wire transfer from Rajkot 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 Rajkot to Send Money Abroad
Money Transfer Areas in Rajkot
Pros of Area
Cons of Area
Kalawad Road
The main upmarket stretch of the city, with banks and several licensed dealers close together.
The stretch is long and counters are spread thin, so comparing two means a drive between them.
Yagnik Road
A busy central road with offices and dealers who handle large family transfers well.
Parking is tight, and the rate on the counter is set for a rushed buyer.
University Road
Sits beside the college belt, so student and visa paperwork is routine here.
The wait during fee season runs long, and choice stays limited to a few names.
Gondal Road
Serves the south side and the industrial belt, with counters used to vendor invoices.
Dealers follow factory timings and close early, which rules out anything after the day shift.
Dhebar Road
The old trade core, with long standing money changers crowded into a short stretch.
The old lanes are narrow and shared with loading traffic, so even a short visit takes time.
Amin Marg
A calm, well kept belt with easy access and a reasonable spread of dealers.
Volumes are modest, so dealers here have little reason to improve the rate.
Mavdi
A fast growing residential pocket where new counters have opened for young families.
Counters opened with the new housing and still refer larger transfers back to the older market.
Bhaktinagar
A dense area close to the rail hub, so reach from the districts is simple.
Proximity to the station means travel cash dominates, and transfer paperwork is unfamiliar to some staff.
150 Feet Ring Road
A wide corridor with new offices and malls, and easy car access throughout.
Rents on this stretch are high, and the cost shows up in the rate you pay.
Jagnath Plot
A central pocket close to banks, so business and family files move quickly here.
Few counters overall, which leaves you very little room to negotiate.
Other popular areas for money transfer in Rajkot include:
- Raiya Road
- Kotecha Chowk
- Nana Mava Road
- Morbi Road
- Kuvadva Road
- Astron Chowk
- Trikon Baug
- Sadhu Vaswani Road
- Ramdevpir Chowk
Send Money from Rajkot 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 Rajkot
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 Rajkot
Purpose of Money Transfer from Rajkot
Description
Higher Education
Students from here usually join a relative already settled in America, so accommodation is arranged and only tuition needs transferring. That makes the payments large but simple.
Business & Trade Payments
Foundries, engine makers, and pump units buy machine tools from Germany, Italy, Taiwan, and China. They also collect and settle export bills across the Gulf and Africa.
Family Maintenance
This is a two way street in Rajkot. Older parents receive money from children abroad, while also sending funds to a grandchild studying in a third country.
Employment & Relocation Costs
Young people here often join a family motel or store in America rather than take a salaried job. What goes out is working capital for that business, not a rent deposit.
NRI Investment & Savings Transfers
Property in America is the standard choice, frequently a commercial unit attached to a family business. These transfers are large and use the full annual limit.
Medical Treatment Abroad
Cases travel to the USA where a relative can host and navigate the system. The deposit goes out early because visa appointments here can take months to secure.
Travel & Extended Stays
Family visits to America stretch across a whole season, often coinciding with a wedding. Several relatives travel together, so the currency requirement multiplies. Currency is bought weeks ahead of the departure date.
Immigration & Visa Fees
Family sponsorship to the USA is the dominant file, and these take years. Fees are paid in stages across a long timeline rather than in one burst.
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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