You can send money abroad from india for the following 8 reasons. How to send money from india.
4 easy steps to send money abroad.
How to send money outside india. Wire transfers from india are the best and most convenient way to transfer money abroad online. Use an online banking service. Here are some often asked questions about sending money abroad from india.
This is the one of the most common way to send money abroad. Just tap in how much and where to. According to rbi s lrs policy indians can send up to 2 50 000 per year per person abroad.
Sending money abroad from india. Enter the amount you d like to send. Wire transfers are direct bank to bank transfers where money from an indian bank account is directly transferred to your beneficiary s bank account abroad.
Swift stands for society for worldwide interbank financial telecommunication wire transfer. Enter the destination country. Money repatriation or transfer of money by nri from the sale of a house or income deposits in nre nro or fcnr account to outside india in countries like us canada.
You may be limited in the methods of. Send money abroad by cash transfer. Select send to a bank account.
Many banks will allow you to visit a branch and fill out an application to remit money abroad. Kyc and fulfilment of remittance. Then make a local payment to transferwise whether it s with a bank transfer swift or your debit or credit card.
This is a facility provided by almost all the leading banks in india. Online money transfer in 4 steps. You can send money from india to abroad by two ways.
Select your payment method 3. One can be via wire transfers. Choose your desired currency amount.
How much money can be sent abroad from india. How to send money abroad transferwise makes transferring money abroad a breeze. If your bank offers online banking services you may be able to remit money online.
Select currency and denomination you need to carry along.