|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.
UAE, or more specifically, Dubai is fast turning into the world's business capital. 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 other countries.
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. Whatever the reason for sending money to UAE, this UAE-India corridor is becoming more popular among the money transfer community.
You use the traditional methods to transfer money to UAE from India like banks or other money changers. Because of unfavorable rates, time-consuming processes, and too many hidden charges, they don't provide value for money. But now you can transfer money to UAE from India through BookMyForex at the best rates in India. Our international wire transfer to UAE is the fastest in India. It takes up to 12-48 working for the funds to reflect in the beneficiary account. Choose the best i.e. Choose BookMyForex for 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.
To put it simply, the best way to send money to UAE is through BookMyForex. You do not need to worry about anything, just let BookMyForex take care of your remittance.
You have two ways to transfer money:
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. Our platform provide you with the best currency exchange rates possible for whatever purpose 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. You must think about these charges before making a wire transfer and can choose BookMyForex to get the best deal.
Say “No” to bank visits and take full advantage of BookMyForex’s fully online remittance process. Wire transfers from India to UAE are super quick if you use BookMyForex. Funds will be received abroad within 12-48 working hours.All you need to do is book the order on BookMyForex's website and then sign the documents either online or offline.
Here are the steps to send money from India to UAE through our website:
Step 1: Upon logging into the website, select your city and the country where you would like to send money. Also, enter the amount that you would like to transfer and click on the 'book my order' button to proceed further.
Step 2: Verify the remitter's details using an Aadhar card, PAN card, and OTP. Also, enter the reason for transferring money from India to Sri Lanka and check your eligibility.
Step 3: Following that, you will be asked to upload a few documents like the remitter's photo com address proof which can be a valid Aadhar card or passport or voter ID card. You may be required to provide some additional documents depending on the purpose of the money transfer.
Step 4: After this, enter the beneficiary details such as name, address, bank name, account number, SWIFT number and routing number.
Step 5: A declaration page will be displayed and you will have to give your consent for the same. Also, you will have to enter the OTP received on your registered mobile number and email address.
Step 6: Before proceeding to the payment page, it is important you review your order details carefully. You can make the payment using Net Banking or NEFT/RTGS.
Step 7: You will receive the order confirmation summary via email. Now, you have to digitally send us the remittance application form that you have received on your registered email address. You will then get a SWIFT acknowledgement once the partner bank processes the remittance.
Alternatively, you can also use our app to send money to UAE. BookMyForex app is very user-friendly and it makes the remittance process pretty simple. Here are the steps you need to follow:
Step 1: In order to use the app, you must first sign up with your email address and phone number. If you have a Google or Facebook account, you can also sign up using that!
Step 2: The next step is to click on international money transfer. Choose your city and the country where you want to send money. Click on the 'book this order' button after filling in the amount you wish to send.
Step 3: Now, you will be asked to validate the remitter's details. You will then need to enter the purpose of your remittance and verify the eligibility for the same.
Step 4: Following that, you will have to upload a few documents as photo and address proof. You can upload a valid Aadhar card or voter ID card or passport. Some additional documents may be required depending on the purpose of remittance.
Step 5: Next, you will need to enter details about the beneficiary, such as their name, address, bank name, account number, SWIFT code, and routing number. Select your location to proceed further with the order process.
Step 6: Before moving to the payments, review your order details thoroughly. You can proceed to the payments now by using Net Banking or NEFT/RTGS.
Step 7: You will receive the order confirmation summary through email. Now, you will have to go through the remittance application form that you have received in the registration email and submit it digitally. After the remittance is processed by our partner bank, you will receive a SWIFT acknowledgement.
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.
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 lock-in the rates if necessary for up to 3 days.
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!
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 have a very transparent remittance process. The remittances are done in India through trusted banks only.
Students studying abroad can avail great discounts and offers under our 'Bookmyforex Student Offer'. This option makes it really easy for students to pay their tuition fees in a foreign country.
1) Choose a platform that has transparent rates and makes remittances only through trusted banks. At Bookmyforex, you will find great discounts on the remittance process from India to UAE. We only tie up with RBI-approved banks and hence, the process is very secure.
2) 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.
3) Forex service platforms, banks, and money exchange shops may offer different exchange rates. Choose the one with the lowest transfer charges and no hidden fees. With Bookmyforex, you can send money to more than 150 countries including UAE at best possible exchange rate.
4) Besides charges, you should also look for a portal that provides customer service via phone, email, and chat. Bookmyforex offers excellent customer service to guide you through every step of the process. You can reach out to us in case you have any doubts or concerns while booking an order for remittance.
If you are doing a wire transfer from India to UAE via BookMyForex, it will take approximately 12 to 48 working hours.
Forex transactions are subject to tax collected at source (TCS) on all outward remittances since 1st October 2020. You will have to pay a service tax of 5% if the amount exceeds 7 lakh per annum when you are sending money from India to UAE. In case you are transferring educational fees out of an educational loan, the tax collected is 0.5%.
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
The LRS limit for any resident individual is $2.5 lakh or equivalent per financial year for any valid current or capital account transactions. Any remittance amount above this will need to have approval from the RBI.
Yes, there’s an option on BookMyForex which lets you freeze the currency rates. This helps you a lot when the currency markets are volatile.
If you opt for banks to transfer money to UAE, they will charge 500 to 2500 INR. At BookMyForex, The cost to transfer money from India to UAE includes a transfer fee of only Rs225 + GST. The best part is that you can get a cashback after the completion of the order if you are using a promo code at the time of payment.
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 transfer money from India to UAE for the following purposes:
1) Payment of educational fees
2) Medical expenses of a family member
3) Maintenance expenditure of a family member
4) Tour expenses to a travel agent for bookings etc
5) Investment and business purposes
6) Sending money to your friends living in UAE
You will need the following documents to transfer money from India to UAE:
1) Remitter's address proof and voter ID card (can be either Aadhar card or voter ID card) along with PAN card.
2) Identification details of the beneficiary depending on the purpose of transferring money.
You will need to provide following details to do a wire transfer from India to UAE:
1) Beneficiary name
2) Address with address proof
3) Bank name and account number
4) SWIFT code
5) Routing number
Over USD 1.2 Billions in Forex Transactions Processed