International Money Transfer in Easier Ways with Unimoni
With the world stepping into globalization, it is important to know the ins and outs of a money transfer to people living out of your country. While this seems intimidating, the entire process is simple and secure once you go through it via trusted experts like Unimoni. With 23 years of experience, Unimoni boasts to be one of the most eligible forex companies if you are looking for an overseas money transfer.
Whether you are looking for a money transfer service from Ernakulam - MG Road or any other part of the world, Unimoni can help you with safe and hassle-free transactions. Also, once you reach out to Unimoni, paying by cash for the transfer is not mandatory, as you can make an online money transfer through cards, UPI, or net banking.
How to Do An Overseas Money Transfer from Ernakulam - MG Road?
Looking to send money from Ernakulam - MG Road to your loved ones living abroad but do not know how to? We are here to help! This is a step-by-step process of how you can send money abroad through a few simple steps:
- Locate your nearest Unimoni branch: The first step is to find a Unimoni branch, which you can find via our branch locator. Unimoni has over 300 branches across India; you can transact from any of them.
- Submit all the necessary documents for the transfer: The next step is crucial, as this requires your essential documents. This includes valid ID proof (Aadhaar Card, passport, driver's license), & Bank details of the beneficiary.
- Submit all transaction details: This is an essential step for your outward remittance from Ernakulam - MG Road. This includes submitting the beneficiary’s bank account details, address proof, valid ID proof, name, etc.
After this entire process, Unimoni conducts a quick KYC verification, initiating the money transfer. The money transfer takes 24-48 hours to reach the beneficiary’s account.
Why is Unimoni the Best Option for Sending Money Abroad from Ernakulam - MG Road?
For an overseas money transfer, it is vital that you choose a trusted partner like Unimoni. Some of the advantages of an international money transfer from Ernakulam - MG Road through Unimoni are:
- Trusted partners in the sector: Apart from being a notable RBI-authorised Dealer II, Unimoni also has 23 years of industry experience. This makes them an expert among most forex companies in the market.
- Unbeatable foreign exchange rates: One of the prime reasons students and businesses trust it is the competitive exchange rate. Unimoni offers a tremendous foreign exchange rate that is significantly lower than that of most forex companies.
- Expert anti-fraud team: When making an online money transfer, fraudulent transfers, delayed processing, and data leaks are common issues that might come to your mind. For this, Unimoni provides an expert anti-fraud team that works round the clock to ensure that your private details stay confidential and your transactions are safe and hassle-free.
- Various payment methods: Through Unimoni, you can transfer via a DD (Demand draft) or a wire transfer. If you are looking for a swift money transfer from Ernakulam - MG Road, a wire transfer can significantly help.
Connect with Us
Still unsure about how to go about the entire process? Fret not! Contact us or reach out to your nearest Unimoni branch. Our customer support team is available 24/7, and our experts are always there to assist you with all your queries. Unimoni believes in simplifying the entire foreign remittance process and is always there to help you with all your queries!
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FAQ
As an RBI-authorized Dealer II, Unimoni is one of the most trusted companies in the sector. Boasting of over millions of transactions, Unimoni is one of the best companies to send money abroad. Your money is safe with us!
If you are within the LRS limit, there is no actual limit to the number of transactions. However, in a financial year, you cannot exceed $250,000 (Rs 2,07,24,375) annually.
If you want to send money to foreign countries through Unimoni, you can send it through a wire transfer or a demand draft. If the transaction is urgent, you can opt for a wire transfer, which is relatively faster.
One of the prime reasons why Unimoni has emerged as one of the most trusted partners for an international money transfer is the time frame. While banks and most forex companies take up to 3-4 days for transactions, Unimoni does it within 48 hours at most.
The major documents required include valid ID proof/address proof (Aadhaar Card, passport, driver's license), PAN card details, and bank details of both the beneficiary and the person transferring the money.
Suppose you want to send money to a student residing in a foreign country through Unimoni. In that case, you will also need the university acceptance letter and other necessary documents like a PAN card, ID proof, POR statement, etc.
Yes, PAN card details are mandatory while making a money transaction to people living overseas through Unimoni.
As per the RBI's LRS scheme, a 5% tax is levied on foreign remittances of over Rs 7 lakhs. NRIs may have tax liabilities depending on the nature of the money being sent. For example, if the money represents income earned in the US, the NRI may need to pay taxes in both the US and India. It's advisable to consult a tax advisor for specific situations.
