NOW

SEND MONEY TO EUROPE 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:

NOW

SEND MONEY TO EUROPE 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

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 4.6/5 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 Europe with BookMyForex

Europe is an amalgamation of 26 countries. Most of these countries are known for their lustrous landscapes, architecture, education, history, art and standard of living. A good number of Indians live, work, and study in Europe. This results in a huge flow of money being sent from India to Europe. But most of you end up paying too many charges to transfer money to Europe from India. Apart from charges, the currency exchange rates to send money to Europe from India are not usually favourable and that results in an expensive international wire transfer to Europe. However, with the emergence of BookMyForex.com, it has become easier, faster, and cheaper to transfer money to Europe from India.

Whether the purpose is to pay your studies or for the maintenance of a close relative or for emigration purpose, BookMyForex ensures that you get the best rates and your money reaches to the beneficiary in the fastest time possible when you send money online to Europe through us.

BookMyForex processes the remittances via trusted and authorized Banks in India. We track the order & keep our users posted about the progress of their money transfer orders. We provide round the clock support until the remittance is sent from India to the beneficiary. 

You can use BookMyForex to transfer money from India to Europe. As it is one of the most common methods of transferring money, you can do a wire transfer from India to Europe. Instead of doing so directly with a bank that will cost you much more it will cost you much less to let BookMyForex manage your international transaction from India to Europe.

Modes to Send Money to Europe from India:

You have two ways to transfer money to Europe from India:

1: Wire Transfer Online to Europe (Swift Transfers)
2: Demand Drafts (money orders)

What is a Wire Transfer?

Wire transfers are one of the popular methods to transfer money overseas from India. BookMyForex, an online forex & remittance, will fetch you a better deal than what most banks would. You will end up saving your hard-earned money. When you send money to Europe from India, you must keep in mind that there are a number of charges that are attached by bank.
The bank also uses a fixed exchange rate while BookMyForex updates the rates very frequently and ends up giving you the best deal possible. With BookMyForex, you pay zero commission fee on the wire transfer from India to Europe.

What is a Foreign Currency Demand Draft?

You can send money to Europe 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 drafts are much cheaper than doing a wire-transfer from India to Europe. 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 Europe. It can take longer for the recipient to receive the money 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 Europe on a planned basis with sufficient notice, use demand drafts.

How to transfer money from India to Europe?

Take full advantage of the all-new online remittance process

A wire transfer from India to Europe is extremely easy to execute. BookMyForex will get your wire transfer processed in the fastest time possible. On BookMyForex's platform, you can book the order online and then sign the documents either online or offline. 

Here's how you can wire transfer from India to Europe using BookMyForex. Just follow these steps:

Step 1: If you are entitled to an outward remittance, you must first check that. Mention the sender's information along with the receiver's details. There will also be a need to list the purpose of your remittance.

Step 2: After you have mentioned the details, you will be asked to send the documents. It may be appropriate to upload documents, such as PAN card, passport front and back page, remitter photo cum address proof, and several other documents.

Please be aware that the customer still has the option of performing this phase offline and going to the bank to sign the documents. Owing to the current COVID-19 pandemic, it is better to opt for a paper pickup arrangement. The documents can also be linked to the portal itself, which will save you a lot of time.

Step 3: You can now directly move the funds to one of BookMyForex's partner banks after that.

Step 4: The rate you see on your screen will be booked and you will be sent a digital A2 form. You can sign it on the portal itself, so that you do not have to visit the bank. Our partnering bank will begin the transfer process and send you a SWIFT acknowledgment.

Benefits of choosing a fully online remittance process on BookMyForex?

1: You can send money overseas from the comfort of your home. You won't need to visit the bank for that.

2: If you put an online remittance order on BookMyForex, you will end up saving up to 2 percent . Banks would usually cost you much more than you have to pay on BookMyForex. On BookMyForex, live Euro exchange rates can also be booked.

3: So that you don't have to go through the pain of reading all the papers, we want to keep the approach simple and effective. Uploading the documents to our portal is all you need to do, and we're done. Trust us, it's so easy!

4: At BookMyForex, we treat the customer's money like our own money. BookMyForex, through trusted banks, enables remittances in India. We also follow the instructions and keep you updated with the progress before the currency is sent from India to the receiver in Europe.

Notes:

All foreign currency transactions are subject to Service Tax.  Money transfer and foreign exchange services are available through Tie-up with 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.

Which is a better way to send money: Wire Transfers or Foreign Currency Demand Draft?

Out of the two mentioned, wire transfers are generally considered better as they are much faster and involve a smaller number of steps in the whole process. The only thing foreign currency demand drafts hold over wire transfers is that they are comparatively cheaper than wire-transfer when you send money from India to Europe.

Frequently Asked Questions

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 can carry out the transfer of large amounts of money to Europe from India on BookMyForex in a hassle free manner. There’s nothing that you need to do differently be it in the case of a small amount or large amount.

Yes, PAN Card number is absolutely necessary for sending money from India to Europe.

BookMyForex processes the remittances via trusted and authorized Banks in India. We track the order & keep our users posted about the progress of their money transfer orders. We provide round the clock support until the remittance is sent from India to the beneficiary. 

 

  • Nostro Charges - 15 Euros (Varies from bank to bank)
  • Bank fee - INR 225 
  • Goods & Services Tax (GST) - The % varies depending on the amount you wish to remit.

 

 

You need the following documents to do a money transfer online to Europe :

- Original and valid passport

-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 money to Europe from India 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 of 2017, Indians can send up to $2,50,000 or its equivalent per year per person abroad to Europe. If you want to Send Euros then your limit for a year is 214600 Euros approx. (This number can vary because of fluctuations in currency rates)

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
 

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

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