NOW SEND MONEY TO UK FROM
THE COMFORT OF YOUR HOME

Send Money from India to UK with BookMyForex

BookMyForex is a leading online platform for international money transfers from India. It allows you to conveniently and securely remit funds abroad, all from the comfort of your home. Compared to traditional bank transfers, BookMyForex offers a faster and cheaper way to carry out this transaction.

Many people in India transfer money to the UK for various reasons, such as supporting family members or paying for student tuition fees. BookMyForex simplifies this process by providing a digital and paperless remittance service. So, ditch the bank queues and send funds abroad conveniently online, saving you time and effort.

Exclusive Tie-Ups With Leading Banks for International Money Transfer 

At BookMyForex, we have exclusive partnerships with India's leading banks – Yes Bank and RBL Bank, and other trusted money transfer service providers. This exclusive tie-up enables us to offer fast, secure, and affordable foreign remittance services.

Ways of Sending Money to UK from India:

You have primarily two ways to transfer money abroad:

1: Wire Transfers (Swift Transfers)

2: Demand Drafts (Money Orders)

What is a Wire Transfer?

Wire transfers are a convenient way to send money from India to the UK. While banks can facilitate these transfers, online platforms like BookMyForex offer better rates. Banks in India typically charge Rs. 500 to Rs. 1000 for processing, and foreign banks may add a correspondent fee as well. In contrast, BookMyForex offers zero transfer fees and the best forex rates for your online wire transfers.

What is a Foreign Currency Demand Draft?

Demand drafts are physical paper drafts issued in foreign currencies. Demand Drafts are accepted at banks in foreign countries and can be encashed there. The process of transferring money to UK via demand drafts is not recommended as it takes much longer than it does through wire transfer.

How to Transfer Money from India to UK with BookMyForex?

Forget expensive bank wire transfers! BookMyForex offers a cheaper and more convenient way to send money to the UK. Unlike banks, BookMyForex eliminates hidden fees and offers competitive exchange rates. Just follow these simple steps:

1. Order Details: Enter your city, the transfer country, and the transfer amount.

2. Customer Details: Verify the remitter's information using an AADHAR card and PAN card.

3. Eligibility Check: Specify the purpose of the remittance and upload the necessary documents.

4. Beneficiary Details: Enter the beneficiary's name, address, bank details, and SWIFT code.

5. Review Order: Review the order details and complete the payment online.

Once you complete the above steps, a digital A2 form will be generated. Our partner bank will process your transfer after conducting doorstep KYC and will provide a SWIFT acknowledgment shortly thereafter.

Why is BookMyForex the Best Platform for International Money Transfers?

BookMyForex is considered India’s most trusted platform for money transfers overseas. Here’s why the platform is the preferred choice for many:

1. Best Exchange Rates: BookMyForex offers the most competitive exchange rates, ensuring you get maximum value for your money when sending funds abroad. 

2. Zero Transfer Charges: Enjoy zero bank charges (use Promo Code “ZEROBANKFEE”) and zero nostro charges (for remittance value up to 1000 USD) for international money transfers.

3. Safe and Secure Service: Sending money overseas is easy and secure with BookMyForex. Our app and website are encrypted to keep your data safe. 

4. Quick Transfers: The transfers are processed swiftly, with funds typically available to beneficiaries within 12-48 working hours.

5. Online Booking Option: BookMyForex provides a user-friendly experience through both its website and mobile app, allowing you to initiate transfers 24/7 online at your convenience.

6. Lock-In Rates with "Book Now and Pay Later": This feature allows customers to lock in a favorable exchange rate for up to 3 days by making a refundable deposit of just 2%.

7. Best Customer Support: Our dedicated customer service team and forex specialists are available to guide you through every step of the transfer process, ensuring a seamless experience.

8. Attractive Discounts for Students: BookMyForex often provides students studying abroad with special cashback and offers.

Factors to Consider When Sending Money from India to UK

1. Exchange Rate: Compare rates offered by different services to ensure your recipient gets the most out of your transfer.

2. Transfer Fees: Knowing the fee structure upfront helps you avoid surprises and pick the most cost-effective option for your transfer.

3. Transfer Speed: Choose a service that matches your urgency - get your money there in a flash or save on fees with a slower option.

4. Service Provider: Choose a trusted provider! Look for a service that uses authorized banks for transfers and offers clear, upfront exchange rates. 

5. Regulatory Compliance: Choose a provider that handles everything smoothly, ensuring your transfer complies with both countries' regulations.

6. Security: Choose a platform with top-notch security features to keep your money and personal information safe. Your peace of mind is worth it.

7. Tax Collected at Source (TCS): If you're remitting funds from India to abroad, you'll be subjected to a 5% TCS for education and medical remittances, and 20% for other types of remittances that exceed INR 7 lakh in a fiscal year. Nonetheless, if you send less than INR 7 lakh within a fiscal year, no TCS will be applied