International bank transfer from Hyderabad

International bank transfer from Hyderabad

International bank transfers are a common and frequent practice in the present scenario. The hike in international money remittance equally gave a rise to fraudulent activities in line with the fund transfer. In order to prevent this, certain guideline and regulations were introduced like FEMA guidelines for outward remittance and RBI guidelines for outward remittance. If you are planning to make international bank transfer from Hyderabad, then getting a better understanding about this will help you to carry out the entire transaction properly without any hassles. Here is a brief of both the guidelines for you. Now leave your worries and make international bank transfer from Hyderabad easily and securely.

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

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

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    FEMA guidelines for outward remittance

    • FEMA is a major framework of instructions and regulations on overseas money transfer. The part of FEMA which covers money remittance for Indian citizens is called the LRS or the Liberalised Remittance Scheme.
    • Under the Liberalized Remittance Scheme, Indian inhabitants can do international money transfer from Hyderabad to foreign bank accounts without any special permission. But money can only be sent for a set sum of purposes, and payments are permissible only up to an extreme annual limit which is currently set at USD 250,000.
    • LRS lets Indian inhabitants to do international bank transfer from Hyderabad to foreign 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 of India can do international money transfer from Hyderabad to abroad within the cumulative limit of USD 2,50,000 per a fin year. This fund limit can be use in a onetime deal or thru various purchases.
    • It is mandated to produce the PAN card for all the international bank transfer from Hyderabad to foreign nation regardless of the amount being send. This is done to pledge that a resident person is complaint to the LRS limit of USD 2, 50,000 in a fin year.

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      The above are the FEMA guidelines for outward remittance and the RBI guidelines for outward remittance which are valid for all the international bank transfers from Hyderabad. While choosing for international bank transfer from Hyderabad, always keep a line of these rules and regulations for a safe and protected money transfer from anywhere you are.

      Where to contact for international bank transfer from Hyderabad?

      If you are looking to make international bank transfer from India, and especially from Hyderabad, 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 Hyderabad for having a hassle less outward remittance from India in line with the FEMA guidelines and RBI guidelines for outward remittance.

      CHARMINAR
      NO.23-2-665/3,666,667. NAWAZ TOWER,
      1ST FLOOR OPP ASRA HOSPITAL,
      SHAH-ALI-BANDA, CHARMINAR,
      HYDERABAD TELAGANA – 500 002

      DILSUKHNAGAR
      NO.3 -9, 1ST FLOOR,
      SREEMAAN RAMA TOWERS, CHAITHANYAPURI,
      DILSUKHNAGAR HYDERABAD –
      DILSUKHNAGAR TELEGANA 500060

      KUKATPALLY
      5/3, SATYA COMPLEX,
      JNTU TO HITECH CITY ROAD,KUKATPALLY
      HYDERABAD-KUKATPALLY
      TELANGANA -500 073

      HIMAYATNAGAR
      NO: 3-6-2/1, GROUND FLOOR,
      GRANDPA’S ROYAL MANSION, LIBERTY JN,
      HIMAYATNAGAR, HYDERABAD
      LIBERTY, TELANGANA- 500 029

      TOLICHOWKI
      NO. 9-4-76/8 FIRST FLOOR
      AAFI DOULAT PLAZA, YOUSUF TEKDI,
      TOLICHOWKI, HYDERABAD
      TELANGANA – 500008

      VANASTHALIPURAM
      BUILDING NO: 5-5-181/1,
      PANAMA GODOWN, NARAYANA COLLEG BLDG,
      VANASTHALIPURAM
      HYDERABAD, TELENGANA -500070

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