Send Money from India to UAE with BookMyForex
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 UAE 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.
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. Your online transaction on BookMyForex 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.
If you want to remit to UAE, BookMyForex will provide you the safest option to do so. You do not need to worry about anything, just let BookMyForex take care of your remittance to UAE from India.
Modes to Sending Money to UAE from India:
You have two ways to transfer money to UAE from India:
1: Wire Transfer Online to UAE (Swift Transfers)
2: Demand Drafts (money orders)
What is a Wire Transfer?
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 currency exchange 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.
How to transfer money from India to UAE?
Taking full advantage of BookMyForex’s fully online remittance process
It is super quick to perform a wire transfer from India to UAE If you do it via BookMyForex, your wire transfer will be done as easily and efficiently as possible. You will then have to book the order on BookMyForex's website and then sign the documents either online or offline.
And here's how BookMyForex for wire transfer can be used from India to UAE. Take the following steps:
Step 1: You need to verify, first of all, whether or not you are qualified for an outward remittance. Simply list the information of the sender along with the information of the recipient. Also, you will be required to declare the purpose of your money transfer to UAE.
Step 2: You will be expected to provide the documentation after you have listed the information. Information, such as PAN card, passport front and back page, remitter photo cum address proof, and many other documents would be necessary to have.
Remember that the customer still has the option of completing this stage offline and returning to the bank to sign the documents. It is easier to choose a document pickup option with COVID-19 in mind. It is also quick to upload the documents on the website itself, saving you a lot of time.
Step 3: You can now transfer the funds easily to one of the partner banks of BookMyForex further on.
Step 4: You will be booked for the forex rate that is displayed to you on your phone. Subsequently, a digital A2 form is sent to you. On the portal itself, you will sign it so that you do not have to visit the bank. The transfer process will begin with our partnering bank and submit a SWIFT acknowledgment to you.
Benefits of choosing a fully online remittance process on BookMyForex?
1. You can now conveniently transfer funds to UAE from India. As our full online remittance process will take care of your transactions, 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 quickly as possible. Simply book the order on BookMyForex's website or app and leave the rest to us.
2. You're going to have to shell out about 2 percent more than what you'd pay on BookMyForex if you go directly to a bank. We also provide you with an option to book live UAE Dirham exchange rates and even freeze the rates if necessary.
3. We like to keep the process quick and reliable at BookMyForex, so that you don't even have to worry about taking the documents to the bank yourself. What you have to do is upload the documents on our portal and that's pretty much it. It's so quick, believe us!
4. Our support team is just a call/email away, and because you matter to us, we try to answer all the queries as soon as possible. We believe in absolute honesty at BookMyForex and treat the money of the customers as our own money. The remittances are done in India through trusted banks only.
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.
Which is the best method to send money to UAE from India?
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.
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