More Indian students are choosing Germany as their top overseas study destination. Have you considered why they enjoy Germany? Germany is one of the world’s most progressive countries, having a fantastic location. Many student-friendly regulations exist in Germany. The best thing about Germany is that most of its universities are public institutions, so students can...
Liberalized Remittance Scheme (LRS) allows Indian residents to remit funds from India to abroad up to $250,000 per financial year (April 1 – March 31). You can do this by making multiple transfers throughout the year. However, you need to be careful and ensure that your cumulative transfers don’t exceed the quota at any point...
Sending money abroad from India, especially to someone who doesn’t have an overseas bank account, can be extremely difficult if you don’t know how to do it. There are only limited options available to send money abroad using alternative means and services to work with your specific situation. This article will outline three easy ways...
In the 19th century, Indians started to migrate to the USA. Tremendous opportunities arose in the mid 20th century, which led to the large-scale migration from India to the US. Indian migrants constitute 6 % of the US population, and the Indian community is the second-largest foreign-born population after Mexico. The total population of Asian...
Money transfer The electronic transfer of money initiated by one person to another is a money transfer. The old-school means of physically moving money from one person’s bank account to another’s through cheques, cash deposits at banks, and other techniques have been virtually removed thanks to services like UPI and online banking. One of the...
The flexibility of the forex card is that you can only load money from your Indian account, and that money cannot be moved or transferred to another foreign account. As a result, there is a tight procedure to transfer your Forex card balance to your bank account. What steps do we need to follow to...
