NOW

SEND MONEY TO AUSTRALIA FROM THE
COMFORT OF YOUR HOME

  • Send Money Abroad from India at Guaranteed LOWEST Rates
  • Fully Online Remittance Process
  • Fastest Transfers - Takes only 12-48 Hours

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:

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

Testimonials

Featured In

Read what others are saying about us

BookMyForex is Rated 4.6/5 Stars on Google Reviews based On Over 900+ Reviews

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.

BookMyForex

3,00,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over ₹4,500 crore in Forex Transactions Processed

International Remittances Processed By

Send Money from India to Australia with BookMyForex

It has never been easier to send money to Australia from India. You can do a wire transfer from India to Australia, as it is one of the most popular methods of transferring money. It will cost you much less to let BookMyForex handle your international transaction from India to Australia instead of doing so directly with a bank that will cost you much more. You will have to shell out around 2% extra if you do this remittance directly via banks. With wire transfers, you will be able to remit to Australia in the fastest time possible.

It could seem like a big challenge for first timers to move money from India to Australia, but if done correctly, it's really easy. Migrating to another country comes with its share of excitement and apprehensions. In recent years, Australia has seen a huge rush of Indians who have migrated to the country either for residency or studies or work or to fulfil their aspirations. If you too are migrating to the country ‘down under’, have you thought of how you should go about with your money transfer from India for immigration? You can send money online to Australia for other purposes as well like maintenance of your relatives or for your kids' education etc. You can send Australian Dollars through wire transfer online or a demand draft.

Modes to Send Money to Australia:

You have two ways to transfer money to Australia from India:
1: Wire Transfer Online to Australia (Swift Transfers)
2: Demand Drafts (money orders)

What is a Wire Transfer?

Wire-transfer is the easiest and best way to transfer money to Australia from India. Though wire transfer to Australia is actually done by banks, it is cheaper to use the services of companies since like BookMyForex. Online marketplaces like BookMyForex will get you a better rate on a wire transfer from India to Australia than banks. However, wire-transfers can be expensive. As Banks in India charge anywhere from Rs. 500 to Rs. 1000 to process it. Moreover, most foreign banks that receive the money also charge a foreign correspondent fee ranging from AUD 10 to AUD 40. So when you do a money transfer online to Australia, always be sure of the charges and costs. Send Australian Dollars at Zero Margin and Zero Commission with us.

What is a Foreign Currency Demand Draft?

You can send money to Australia through foreign currency demand drafts. Demand Drafts are physical paper drafts, issued in a specific foreign currency instead of a sending to a specific recipient. Demand draft is much cheaper than a wire-transfer to Australia. You have to pay just the demand draft fee to your bank or service provider. There is no need to pay any fee to the foreign bank receiving the money. This helps you save a lot of money.

However, the problem with demand drafts is that the process takes much longer to transfer money to Australia. It can take longer for the recipient to receive the money than a wire transfer online to Australia because you have to mail the demand draft physically. Once they receive it, it takes few days to en-cash the demand draft. The total number of days combined creates a large gap (maximum up to 10 days) in actually receiving the funds. So demand drafts work out better if there is no emergency. If you need to transfer money to Australia from India on a planned basis with sufficient notice, use demand drafts.

How to transfer money from India to Australia?

Know more about BookMyForex’s fully online remittance process
A wire transfer from India to Australia can be done pretty quickly. If you do it via BookMyForex, your wire transfer will get completed as efficiently and cheaply as possible. On BookMyForex's website, you would then have to book the order and then sign the documents online or offline.

And here's how BookMyForex can be used from India to Australia for wire transfer. Take the steps below:

Step 1: First of all, you need to check whether you are eligible for an outward remittance or not. Simply list the sender's information along with the recipient's information. You will also be required to declare the purpose of your transfer of funds to Australia.

Step 2: After you have mentioned the details, you will be required to provide the documentation. It would be important to have details, such as PAN card, passport front and back page, remitter photo cum address evidence, and many other records.

Note that the customer also has the option to complete this stage offline and to sign the documents back in the bank. A document pickup option with COVID-19 in mind is safer to choose. The documents on the website itself are also easy to upload, saving you a lot of time.

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

Step 4: The forex rate that is shown to you on your device will be booked for you. A digital A2 form will eventually get sent to you. You will sign it on the portal itself, so that you do not need to visit the bank. Our partnering bank will begin the transfer process and send to you a SWIFT acknowledgement.

Benefits of choosing a fully online remittance process on BookMyForex?

1. Now, you can easily move funds from India to Australia. As your transactions will be taken care of by our full online remittance operation, you do not need to visit any banks or other vendors. Let BookMyForex take care of your transfer and we will make sure that it is transferred into the recipient's account as soon as possible. On BookMyForex's website or app, simply book the order and leave the rest to us.

2. If you go directly to a bank, you're going to have to spend out about 2% more than what you will spend on BookMyForex. We also give you an option to book live AUD exchange rates and, if needed, even freeze the rates.

3. At BookMyForex, we like to keep the process fairly simple and reliable, so that you don't even need to think about bringing the documents to the bank yourself. What you need to do is upload the documents on our platform and that's pretty much it. It is so easy, believe us!

4. Our support team is just a call/email away, and we attempt to answer all the questions as soon as possible because you matter to us. At BookMyForex, we believe in total fairness and regard the customers' money as our own money. The remittances are carried out only through trusted banks in India.

Notes:
All foreign currency transactions are subject to Service Tax.
Foreign Exchange and Money Transfer services are available though Tied-up Reserve Bank of India approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC & FEMA policies instructed by Reserve Bank of India.

Frequently Asked Questions

Under the Liberalised Remittance Scheme (LRS), Indian residents are allowed to remit up to USD 250,000 per financial year. This is the scheme set by the Reserve Bank of India (RBI).

It usually takes 12-48 business hours for the transfer to get processed. In case you want to know the status of the transfer, you can simply call us or drop us an email.

Here are the following charges involved in a money transfer to Australia from India:

Nostro Charges (Varies from bank to bank)
Bank fee - INR 225
Goods & Services Tax (GST) - The % varies depending on the amount you wish to remit.

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.

You need following documents to Send Money to Australia:

- Original and valid passport

- A valid visa for the country of travel (except where VISA on arrival applies)

- Confirmed ticket-showing travel within 60 days of taking foreign exchange

- PAN (Form 60/61 in case PAN missing)

- Apart from this KYC of sponsoring company would be required as per RBI guidelines

- Beneficiary Bank Name, Swift Code, Routing number & Correspondent Account No.

- Beneficiary Name, Address (as given in bank)

- Remitter Name, Account Number and Purpose of Transaction with KYC.

- Filled A2 Form cum declaration with signature

You can send Australian Dollars from India to Australia for the following 8 reasons:

1: Studies abroad

2: Business Trip

3: Medical Treatment Abroad

4: Maintenance of close relatives abroad

5: Emigration

6: Going Abroad on Employment

7: Gift or Donation

8: Private Visits abroad

According to RBI’s LRS policy update in 2017, Indians can send up to $2,50,000 or its equivalent per year per person abroad. If you want to send Australian Dollars then the amount is around 338,000 AUD (this number can vary because of currency fluctuations). You can do an online wire transfer from India to Australia or send it via a demand draft.

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 and provide a SWIFT acknowledgement shortly afterwards

Online Remittance - How It Works

Other Countries Where You Can Send Money with BookMyForex:

BookMyForex is a fully authorized money exchanger regulated 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.

Same day delivery is guaranteed for orders placed before 1 pm (IST) Monday – Friday.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1 lakh or more

BookMyForex Pvt Ltd

Unit 657-658, 6th Floor, Tower C, JMD Megapolis, Sohna Rd, Sector 48, Gurugram, Haryana 122018

©2021, BookMyForex. All Rights Reserved

We Accept:
Secured By: