International money transfer from Ernakulam

Are you based in Ernakulam? Looking for a hassle free and easy international money transfer from the city? Then don’t worry, you are at the right place. Here is a list of instructions and guidelines are elucidated to help you to carry out the transaction without much worries and delays. Now get ready and scroll down, all you need to know about the international money transfer from Ernakulam is listed here for you.

WHAT ARE THE ESSENTIAL AND IMPORTANT DOCUMENTS REQUIRED TO SEND MONEY ABROAD FROM ERNAKULAM?

• PAN card of remitter
• Other KYC’s as per the purpose of your transaction

A PAN card is a must have for all those who planning to send money abroad from India. Before you go out for international money transfer from Ernakulam, make sure that you are having a PAN card to proceed the transaction without any hassles.

What are the key points to consider while you make an international money transfer from Ernakulam?

The significant points that you need to keep in mind before remitting money from Ernakulam are as below;

• Choose an authorized service provider with any of the licenses- AD I, AD II or FFMC from the apex body of the monetary (institute) and banking system of the country – Reserve Bank of India
• A resident individual of India has the right to remit money up to USD 250,000 per financial year under the Liberalized Remittance Scheme for their requirements in overseas countries
• Have a proper knowledge about the latest currency exchange rates and other charges of the services prior to proceeding the transaction.
• As you make an international money transfer from Ernakulam, always try to have a close look on the foreign currency rates and then only proceed with the transaction. Foreign exchange rates are always altering; hence it is vital to check the rate before you choose the service provider specially in case the amount is too high.
• Authorized money changers service completely rely on correct norms and regulations as recommended by the Reserve Bank of India which are often devised with good-will for customers. Hence such service providers are trustworthy and secure for international money transfer from Ernakulam. Also, they will provide you services at a nominal transaction fee.
• It is often good to take the advice from any forex expert to help you with basics and other know-hows and affordable options of money transfer