|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|
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.
Book your order online and schedule a document pick up. We will pick up the documents from your home/ office at absolutely zero cost. Alternatively you can visit a bank branch to submit your documents.
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.
Over ₹4,500 crore in Forex Transactions Processed
UAE, or more specifically, Dubai is fast turning into the world's business capital. It is the Middle-East's answer to New York and from the looks of it, it is succeeding in that. Most of the major brands of the world have moved their bases to Dubai or have an office in Dubai. And some of the major ivy league and non-ivy league American, European and Indian universities have set up their campuses in Dubai. All this means a lot of money is flowing between UAE and India. Most of the people who transfer money to UAE from India do it for educational purposes. Others send money to UAE from India for emigration or visa fees as well. There are other reasons for people to Send Dirhams to UAE, whatever there reasons to Send money To UAE, this UAE-India corridor is getting popular among the money transfer community.
You use the orthodox methods to transfer money to UAE from India like banks, money changers or Western Union. They don't give value for money because the rates to Send Dirham are unfavourable, it is time-consuming and there are too many charges. But now you can transfer money to UAE from India through the likes of BookMyForex at best rates in India. Not only that you don't have to pay a penny in charges or hidden fees when you send money online to UAE from India through BookMyForex. Our international wire transfer to UAE is fastest in India. It takes up to 4-48 working for the funds to reflect in the beneficiary account. So choose a faster, cost-effective way to transfer money to UAE.
You have two ways to transfer money to UAE from India:
1: Wire Transfer Online to UAE (Swift Transfers)
2: Demand Drafts (money orders)
If you wish to transfer money via an online method, wire transfers are generally considered the go-to method for such transfers. There are a couple of ways to do a wire transfer: one can be done by going to banks directly but if you want to opt for an economical way to transfer money, you can use BookMyForex which is an online forex & remittance platform. Such platforms are bound to provide you the best rates possible for whatever reason you are transferring the money to UAE. If you do a wire transfer via banks, you may be charged somewhere between Rs. 500 to Rs. 2500 for it to go through. There are certain foreign banks which will apply a fee when the beneficiary receives the amount. The amount varies from bank to bank. It can be AED 10 and can go upto AED 40.
So, you have to be considerate about these charges before you proceed with the wire transfers and can safely decide to go with BookMyForex which will get you the best deal possible.
The best method to transfer money from UAE to India is by using online wire transfers via BookMyForex. The transfers take 12-48 hours to be processed and you can avail certain cashbacks/offers given out by BookMyForex.
— Smarter, Faster & Most Trusted Way to Transfer Money to UAE from India.
— Send Money to UAE at the lowest possible rates.
- Best Rate Guarantee – Find us a BETTER RATE & we’ll beat it.
- Fastest Transfers – Book your order online and have your transfer processed in the next 12 – 48 business hours.
- Best customer support, available 24×7 on every medium (FB/Twitter/Call/Email)
- There are no foreign transaction fees or hidden charges.
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.
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 send money to UAE from India for the following 8 reasons:
1: Studies abroad
2: Business Trip
3: Medical Treatment Abroad
4: Maintenance of close relatives abroad
6: Going Abroad on Employment
7: Gift or Donation
8: Private Visits abroad
Gifts up to USD 2000 per financial year can be sent on the basis of self-declaration, Gifts/Donations can also be sent under Liberalized Remittance Scheme (LRS) upto USD 2,50,000 in a financial year. Investment by an Indian resident individual in overseas companies would be sub-summed under the Scheme of USD 2,50,000.
Up to US$ 250,000/ equivalent for the patient going abroad for medical treatment or check-up abroad. Up to US$ 25,000/ equivalent for attendant accompanying the patient going abroad for medical treatment/check-up within overall limit of USD 250,000.
US$ 2,50,000/ equivalent per annum (as long as the limit is not consumed/ part consumed in any other purpose stated under LRS) towards tuition fees, maintenance expenses books, etc.
The permissible purposes for transferring funds through BookMyForex.com are as follows:
1.Maintenance of Close relatives abroad
3.Medical Treatment Abroad
6.Fees for examinations like GRE/GMAT/TOEFEL
7.Other Travel Including Holiday Trips
8.Travel for education
9.Travel for Medical Treatment
Money can be sent abroad through the following modes: 1. Wire Transfer. 2. Foreign Currency Demand Draft.
You can remit to the below mentioned persons: (a) Members of your Hindu undivided family. (b) Your spouse. (c) You are related to the beneficiary in any of the manners indicated below: 1. Father (including step-father). 2. Mother (including step-mother). 3. Son (including step-son). 4. Son's wife. 5. Daughter. 6. Daughter's husband. 7. Brother (including step-brother). 8. Sister (including step-sister).
"Person resident in India" is defined in Section 2(v) of FEMA, 1999 as: A person residing in India for more than one hundred and eighty-two days during the course of the preceding financial year but does not include: 1. A person who has gone out of India or who stays outside India, in either case - *For taking up employment outside India *For carrying on outside India a business or vocation *For any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period
An Outward Remittance is a transfer of money in foreign exchange, by a resident in India or an NRI to a beneficiary account outside of India (except for Nepal and Bhutan) for a purpose as approved under FEMA (Foreign Exchange Management Act). You may send money abroad to a beneficiary for various purposes including education, employment abroad, emigration, maintenance of close relatives, foreign travel, gifts, medical treatment, donations, etc
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."