International Money Transfer in Easier Ways with Unimoni
In today's fast-paced world, everyone must make international money transfers for various things. Unimoni, a leading global financial service provider, makes transactions hassle-free, more accessible, and convenient for customers across 160+ countries.
We at Unimoni offer a consumer-friendly platform providing foreign exchange, loans, insurance, and international money transfers, making it a prime choice for people for international money transfers from Kallakurichi.
Let us delve into the procedure that will make your transaction easy.
What Procedure is Followed By Unimoni to Make International Money Transfers?
Unimoni adheres to the guidelines of the Reserve Bank of India and holds a license in the NBFC and AD II categories, allowing the customer to send money internationally conveniently. We are safeguarded by leading financial institutions worldwide, and its two-factor authentication security, along with an anti-fraud team, makes international transactions secure from theft.
Following is the procedure that we offer you to make International money transfers from Kallakurichi:
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Look for the nearest branch
To avail of Unimoni services and to get professional guidance regarding transactions, you should visit a branch office by locating it with the help of our branch locator.
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Enroll yourself as a customer
On visiting the Unimoni branch, you must register as a customer to avail of Unimoni services seamlessly. You may be required to carry some essential documents at the Unimoni branch to simplify your money transfer process.
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Submit The Necessary Documents
You must submit the documents required. The documents include:
- PAN card
- ID proof (Aadhaar Card/ passport/ driving license/ etc.)
- Bank details of the beneficiary
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Pay the amount and the transactional fee
Successfully pay the amount and the transaction fees. Multiple payment options are available, so you can choose any convenient payment mode.
After all documentation is completed, we run a KYC check, and the funds are processed within two business days.
What Advantages Does Unimoni Offer Compared To Other Banks And Foreign Exchange Companies?
Being a global forex service provider, Unimoni is quick and secure in making international money transfers from India to any country abroad. Following is the list of advantages that Unimoni has over other competitors in the sector:
- Unimoni is one of the leading forex service providers, with a presence in over 160 countries worldwide and 300+ branches. Over 15,000+ agents in India are available for their consumers to offer personalized interactions that make it easier for you to send money internationally hassle-free.
- Unimoni is regulated worldwide, like by the FCA in the UK and the FinCEN in the US, which helps you safeguard your money with leading banks around the globe.
- To send money internationally, Unimoni helps you with easy documentation procedures to make transactions convenient.
- Unimoni protects transactional data from thefts and fraud with enhanced transparency and two-factor authentication.
- Unimoni offers you competitive exchange rates that increase your value for money.
What Taxes Are Levied On Outward Remittances From Kallakurichi?
The government has set specific tax slabs for money transfer abroad. Unimoni complies with all the legalities and norms of the government to make safe and secure transactions. The following taxes are levied for outward remittance from Kallakurichi:
- Goods and Service Tax (GST): GST levied on international money transfers from Kallakurichi as per forex service rates and payment fees is 18%.
- Tax collected at source (TCS): Outward remittances from Kallakurichi attract multiple TCSs. For educational expenses, a 0.5% tax is levied for international money transfers above Rs 7 lakh, and for general transactions above Rs 7 lakh, you must pay a 5% tax rate.
Contact Us
With more than 70,000 transactions annually and a 4.5+ million satisfied customer base globally, Unimoni is a leading financial service provider with a stronghold in 160+ countries to offer you reliability, quick transfers, safety, and transparency.
For further queries or one-on-one interactions with agents, you can contact us for better guidance in making outward remittances.
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FAQ
The Companies Act 2013 specifies with its guidelines that the eligible people who can receive outward remittances under family maintenance are parents, spouses, children, grandchildren, and in-laws. Unimoni adheres to all RBI guidelines to make your transactions safe and secure.
Unimoni offers multiple payment options for online money transfers, such as UPI, debit/credit cards, offline cash, cheques, etc. It allows you to send money abroad without hassles and in a trusted way.
According to the Reserve Bank of India, an Indian resident can send money internationally for overseas education up to a limit of $250,000 (Rs 2 crore) per financial year. You can contact Unimoni for a secured remittance for overseas education purposes.
Unimoni is an RBI-authorized financial institution and AD II licence holder. With security features like two-factor authentication, a team to detect fraud, protect consumers' data from theft, and ensure transparency, Unimoni is the best service provider globally for making international money transfers.
As prescribed in the Liberalized Remittance Scheme (LRS) of RBI, money transfers of up to Rs 7 lakh per financial year are tax-free, and Unimoni abides by the legalities and norms prescribed by RBI, making it a trustworthy service provider for remitting money.
Unimoni is a reliable forex service provider that makes 70,000+ international transactions annually, and its 23+ years of experience in the financial services field makes Unimoni a trusted firm globally. Unimoni is an RBI-authorized financial institution and AD II licence holder. It adds more trust to Unimoni!
You must visit the Unimoni branch to get registered as a customer, and for that, you must carry valid ID proof and further details mentioned along with you, or you can contact Unimoni's customer care for a detailed procedure and personalised guidance. Contact unimoni for a smooth and successful money transfer.
Per the Liberalized Remittance Scheme (LRS), you must have a Permanent Account Number(PAN) to transfer international money. For more details regarding the procedural guidance and necessary documentation, you can visit the Unimoni branch or contact their agents.
With more than 300+ branches and over 15,000 agents nationwide, Unimoni is one of the leading forex service providers that ensures secure international money transfers, making Unimoni a trusted firm.
