|MONEY TRANSFER ABROAD||BookMyForex. com||Other Forex providers*|
|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|
I am thrilled to share my exceptional experience with BookMyForex.com. From the moment I engaged with the platform, I was blown away by the simplicity of the interface, the step-by-step process, and the fair exchange rates. I am an early adopter of BookMyForex and have used their forex card as well as money transfer service for overseas education. Interacting with their customer support team is a true pleasure. They take the time to listen attentively to my needs, ensuring that all the transactions are completed on time and followed through till the end.
I have availed the services of BookMyForex three to four times for foreign currency remittance to my daughters in the US. Every time, I have experienced a pleasant and faster transaction. BookMyForex's customer support team has gone the extra mile, whether it be sending the A2 form to the channel partner bank or sharing the required documents with the channel partner to expedite the process. I truly appreciate their professionalism and wish them the best.
Hassle Free Inter country currency exchange services with best conversion rates. Very Prompt & Proactive. Got a Card delivered for my Son at my doorstep the next day morning itself. Wire Transfer services work so well in a limited period of time. Extra- Ordinary Services and Highly Recommendable.
Through the four years of my son studying abroad, I used Bookmyforex as the sole forex provider. With the best rates in India and exemplary service, I always felt I got the best of both worlds - a premium service at the best possible cost. Would recommend this highly to anyone who has forex needs.
I had heard of Book my forex through a friend of mine in 2019 when my daughter took admission in York University Toronto Canada. But I was a little reluctant back then to use the services from an unknown company. Came lockdown 2020 and I was in a complete mess as I had to deposit daughters tuition fees again and was reluctant to go to any of the banks in person. So this time I decided to use Book my forex services and it was flawless. I need not be going out of my house at all. All things went so smoothly on mobile and internet. I would recommend Book my forex for fees transfers to foreign universities and all forex requirements.
I have transferred money to my son, studying abroad, many times in the last two years, through Bookmyforex. Bookmyforex is very safe, reliable, and very fast in wire transfer. Bookmyforex is charging a very nominal exchange rate. I believe that Bookmyforex is the real HERO in wire transfer.
Recently my father had to remit some money to UK for my studies. Our regular bank, made my father visit twice personally for the remittance of my college fees, without any success. However, I discovered BookMyForex which proved to be much easy, homely comfortable, hassle-free, dedicated resolutions and prompt process. So far, my father has transacted at four occasions over the past three months for different forex services and every time we find the team to be as cordial, accommodating, prompt and dedicated as in the first place. Above all, the best rates and immediate prompts for every step in the process of remittance, so that you know the status in real-time. Excellent and dedicated customer service. I highly recommend utilizing BMF services. I am sure you won't go anywhere else afterward.
I would like to thank Bookmyforex for a quick and prompt response. Bookmyforex helped me transferring the money to the Netherlands easily without me having to visit the nearby bank for verification. They also provide the best transfer rate when compared to the other banks and services. I would strongly recommend anyone who would like to use Forex services. The services are quick, reliant, and convenient. Their customer service is exceptional, and they will guide you through the whole process. I found Bookmyforex to be the best option to perform outward remittances."
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.
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.
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.
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.
New Zealand has emerged as the next big destination for Indians to move to, either to settle down or to study and work. And with this movement of people, there is a natural increase in people wanting to transfer money to New Zealand from India. Most people send New Zealand dollars from India through the traditional route like Banks and Money Exchangers but this way to send money to New Zealand is expensive and time-consuming. BookMyForex has made it easy and fast to send money from India to New Zealand.
BookMyForex gives you the best rates in India on your money transfer online to New Zealand. Your money is reflected in the beneficiary bank account in 12-48 working hours. Not only that, the whole process of transferring Money to New Zealand is secure and transparent. You are kept informed and updated on every step of your money transfer as we understand customer concerns and anxiety around payments overseas.
BookMyForex processes remittances via trusted and authorized banks in India. With the help of our mobile app or website, you can send money from India to New Zealand from the comfort of your home. You can easily pay student fees, send money to family and friends, transfer money overseas for immigration or work, and make many other forex transactions. Our “Book Now, Pay Later” feature allows the customers to lock in forex rates and complete the transaction within 3 days.
You have two ways to transfer money:
1: Wire Transfer Online to New Zealand (Swift Transfers)
2: Demand Drafts (money orders)
Using the fully online remittance process on BookMyForex. A wire transfer from India to New Zealand is super easy to carry out. Your wire transfer will be done as quickly and efficiently as possible if you do it via BookMyForex. On BookMyForex's platform, you would then have to book the order and then sign the documents either online or offline.
And here's how you can use BookMyForex website for a wire transfer. Follow the steps below:
Step 1: Choose the city and country to which you need to transfer the money with the amount needed to be sent. Press the “Book this Order” button to initiate the order.
Step 2: Now authenticate your details through a PAN card or Aadhar card.
Step 3: Give the reason for the money transfer and check if you are eligible.
Step 4: Next, You will need to upload the minimum set of documents such as the remitter's photo cum address proof. This can be a valid passport, Aadhar card, or voter card, plus some other valid documents based on the purpose of remittance.
Step 5: Give beneficiary details such as name, address, routing number, and bank name, along with bank address, account number, and Swift code. This will complete the process of money transfer, allowing you to send funds from your account to the beneficiary’s account.
Step 6: Once these steps are completed, you will get a declaration form that will need your consent. For consent, an OTP will be sent to your registered phone number and email ID.
Step 7: Before you proceed further, make sure to review your order details and then you can make a payment either via NEFT/RTGS or Net banking.
Step 8: You will be shared the Order Confirmation summary. Now you need to check the Remittance Application form sent on your registered email ID and send it to Bookmyforex digitally. After the partner bank processes the remittance, you will get a SWIFT acknowledgement. You can track the status of the order in real time.
Alternatively, you can also use the mobile app for easy transfer of money with these simple steps:
Step 1: To begin, install the app and register/log in. Click on the “International Money Transfer” option. Select your city and the country where the remittance needs to be made. Now enter the amount to be sent and click on the “Book this Order” button.
Step 2: Give you details for authentication.
Step 3: Now give the specifics about why you need to transfer money and verify the eligibility.
Step 4: In the app, too, you will have to upload some documents for authentication, such as your photo cum address proof. You could use a voter card, valid passport, or Aaddhar card for the same. You will also need to submit some documents showcasing the reason for the remittance.
Step 5: Once your details are given, put in the beneficiary details like name, address, bank name, etc.
Step 6: Select your location to process your order
Step 7: Review the order and make the payment using NEFT/RTGS or Net Banking.
Step 8: Lastly, you will get an Order Confirmation summary on your registered email. From your end, you will need to send us the remittance application form emailed to you. After the partner bank processes the remittance, you will get a SWIFT acknowledgement.
You can now easily transfer money from India to New Zealand. You do not need to visit any banks or other vendors as our fully online remittance process will take care of your transfers. Let BookMyForex take care of your transfer and we will make sure that it is processed as easily as possible into the account of the recipient. On BookMyForex's website or app, simply book the order and leave the rest to us.
If you go to a bank directly, you're going to have to fork out about 2% more than what you'd spend on BookMyForex. We also give you the option to book live NZD exchange rates and, if required, even freeze the rates.
At BookMyForex, we like to keep the process straightforward and effective so that you don't even have to think about yourself carrying the documents to the bank. What you need to do is upload the documents on the website and that's pretty much it. It is so easy, trust us!
Our support team is just a call/email away and we try to reply to all the queries 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. We get remittances processed through trusted banks in India.
BookMyForex is one of the most affordable platforms for transferring money to New Zealand. We charge only INR 225 + GST on transitions, significantly lower than traditional money transfer methods and if you use a promo code, these charges are also waived. We have the fastest money transfers, which only take 12-48 working hours. BMF also allows sending money to 150+ countries.
All foreign currency transactions are subject to Service Tax. Foreign Exchange and Money Transfer services are available through Tied-up Reserve Bank of India-approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC FEMA policies instructed by the Reserve Bank of India.
1) Remittances are heavily influenced by exchange rates. Every second, exchange rates are changing; you might decide to make a transfer at one rate, but the actual transfer takes place at a much higher rate. Sending money abroad shouldn't result in higher rates than the average. You can even lock rates on platforms like BookMyForex.
2) It is also important to consider the speed of the transfer. Money transfer methods vary in speed; even within the same method, some platforms may be faster than others. It depends on the urgency of your needs. The fastest way to send money from India to New Zealand is through a wire transfer, which takes 12 to 48 hours.
3) To guide you throughout the money transfer process, you want a service provider with excellent customer support. You can count on BookMyForex for guidance throughout the money transfer process or for assistance if you have any concerns.
4) The transfer fee is usually charged by service providers which can be fixed or a percentage of the total amount transferred. At Bookmyforex, you will be charged just Rs225 + GST as a transfer fee for sending money from India to UAE which is also waived if you apply the promo code.
Sending money from India to New Zealand is even simpler now, thanks to wire transfers. Typically, the money sent from BookMyForex via wire transfer will be reflected in the beneficiary’s account within 12-48 working hours.
The most convenient way to transfer funds between India and New Zealand is through wire transfers. This method allows you to send money overseas within 12 to 48 working hours. Online remittance via BookMyForex's website or mobile app allows you to complete all your transactions from the comfort of your home.
From October 2020, all foreign remittances are subject to a Tax Collected at Source (TCS). Amounts until INR 7 lakhs are exempt from TCS, while amounts above 7 lakhs will be charged a 5% TCS. For education loans, only 0.5% TCS is applicable on amounts above INR 7 lakhs.
As per RBI guidelines, outward remittances are not permitted in high-risk countries indicated by FATF (Financial Action Task Force). The list gets updated from time to time. For more information please refer to the information available on Fatf-gafi.org
All outward remittances in India are subject to the upper limits set by the RBI. A resident of India cannot send more than USD 250,000 to a foreign country in a financial year, as per the LRS limit. A higher amount than this might be permitted through special permissions from authorities.
The following beneficiary details are required to transfer money from India to New Zealand:
1) Name of the Beneficiary (as stated in the bank) and address details
2) Name of Beneficiary's bank, account number, and the international code (routing number or SWIFT code, whatever is applicable)
Other Forex providers including online and offline companies charge hefty fees, but BookMyFore charges a Bank Fee of Rs. 225 + GST. If the customer uses a promo code, they'll also get cash back after the order is completed. Banks that act as intermediaries or beneficiaries may charge customers additional fees based on local or interbank arrangements
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.
Money transfers between India and New Zealand can be done for a variety of purposes:
1) Tuition fees for university,
2) Living expenses of your family member,
3) Medical treatment in a foreign hospital
4) Going/Relocating abroad for employment purposes
5) Gift or donation to a person or entity in a foreign country
6) Sending money to friends living there
7) Sending maintenance money to close relatives abroad
The following documents are needed for sending money online from India to New Zealand:
1) The remitter's photo ID and address proof, which can be a valid passport, Aadhar card, or voter's ID along with the PAN card
2) The beneficiary's identification document, depending on the purpose of the remittance.
Over USD 1.2 Billions in Forex Transactions Processed