International bank transfer from Delhi

International bank transfer from Delhi

International bank transfer from Delhi is a mounting need today. A large cluster of people from Delhi is going out to other countries for meeting their various wants and requirements. While a person chooses for an international bank transfer from Delhi, there are a few things he/she require to take care of. In order to stop misleading activities, crime etc, Indian government has set numerous regulations and controls on the overseas remittance from India and these includes FEMA guidelines for outward remittance and RBI guidelines for outward remittance. If you never heard about it earlier, then scroll down to get an idea about the limitations in overseas remittance that will help you to have a hassle-less money transfer from Delhi.

Which are the basic two guidelines on outward remittance from Delhi?

  • FEMA guidelines for outward remittance
  •  RBI guidelines for outward remittance

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    FEMA guidelines for outward remittance

    • The part of FEMA that covers overseas money transfers for Indian citizens is called the Liberalised Remittance Scheme.
    • Under the Liberalized Remittance Scheme, Indian populaces can do international bank transfer from Delhi to overseas banks without any special consent. But money can only be transported for a set sum of purposes, and payments are allowed only up to an extreme annual limit which is currently set at USD 250,000.
    • LRS allows Indian populaces to do international bank transfer from Delhi to overseas countries for the purposes like, to cover the expenses of overseas education and living expenses of students studying abroad, tour and travel costs, medical treatments abroad, purchase of shares or possessions abroad, supporting family members living overseas, gifts and donations and etc.

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    RBI guidelines for outward remittance

    • A resident person can do international money transfer from Delhi to abroad within the limit of USD 2,50,000 per fin year. This fund limit can be use in a one-time deal or thru numerous purchases.
    • It is compulsory to produce the PAN card for all the international bank transfer from Delhi to overseas regardless of the amount being transported. This is done to pledge that a resident person is compliant to the LRS limit of USD 2, 50,000 in a single fin year.

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      The above stated are the FEMA guidelines for outward remittance and RBI guidelines for outward remittance valid for all the international money transfers from Delhi. While choosing for international bank transfer from Delhi, always go in line with these rules for a safe and protected money transfer from anywhere you are.

      Where to contact for international bank transfer from Delhi?

      If you are looking to make international money transfer from India, and especially from Delhi, please feel free to get in touch with us by visiting our website https://www.unimoni.in/ and put a query or chat with us at the toll-free number 1800 102 0555 or WhatsApp us at +91 9946086666 or mail us at customercare@unimoniindia.com.You can also visit any nearby branches of Unimoni in Delhi for having a hassle less outward remittance from India in line with the FEMA guidelines and RBI guidelines for outward remittance.

      LAXMINAGAR
      FIRST FLOOR,
      D-2 VIKAS MARG,
      LAXMINAGAR,
      NEW DELHI-110 092

      MUMBAI -BANDRA
      NO.12 & 13, 34 HILL ROAD,
      RIZVI HOUSE, BANDRA WEST,
      MUMBAI -BANDRA,
      MAHARASHTRA – 400050

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