International Money Transfer in Easier Ways with Unimoni
In today’s globalized world, it is common for families to send money overseas. You may have a child studying abroad or relatives who may need money for medical bills or property purchases. Most of the time, remittances are needed.
But navigating this sphere, managing documents, tracking exchange and regulations abroad can be a challenge for people in Valancherry and nearby areas. Language barriers, lack of banking guidelines, and difficulty following through further complicate matters.
This is where Unimoni helps. With more than 30 years of experience, we understand the challenges families face whenever they want to send money abroad. Our advisors offer tailored solutions specifically for your international payment needs.
At Unimoni Valancherry, our priority is to make your overseas money transfer simple, customized, and hassle-free. Our expertise makes it easier to send funds abroad. We handle the issues so you can focus on other chores.
Choose Unimoni For a Swift International Money Transfer From Valancherry
We have established as a trusted brand synonymous with safety, reliability, and integrity in the international money transfer market. Whether you are sending money from Valancherry or any other Indian city, we offer compelling reasons to choose our services.
- Secure Transfers
Sending money abroad can feel risky. We understand it. At Unimoni, we work hard to make your cash flow super secure. We only work with trusted financial institutions, comply with the regulations of major authorities, and use two-factor authentication. All these aspects ensure security for every payment. Safety is paramount to us.
- Latest Exchange Rates
With our global presence, we offer the most up-to-date exchange rates based on real-time market conditions. Our easy-to-use currency converter lets you double-check that we’re offering fair, transparent currencies all the time. No hidden exchange rates or surprise costs!
- Quick Transfer
Our streamlined process allows you to send money abroad quickly. Just visit our site, type the details in a few clicks, and leave the rest to us. Whether you need to pay your child’s mortgage abroad or send money to your business, we can do an international money transfer from Valancherry.
Step-by-Step International Money Transfer Process
- Step 1: Go to the Nearest Unimoni Branch
Unimoni has an extensive network all over India. We extend service across 300+ branches and 15000+ agent locations. To find the nearest Unimoni branch, use the branch locator. You just have to enter the state name, and you will get the nearest branch.
- Step 2: Submit the Necessary Documents
You must keep all the relevant documents to initiate a seamless international money transfer.
- PAN Card
- ID Proof (Aadhaar Card/Passport/Driver's license)
- Bank details of the beneficiary
- Step 3: Pay the amount and the transaction fee During your first international money transfer, Unimoni need to verify your KYC details. KYC is a mandatory regulation that helps prevent fraud and money laundering. Unimoni makes the KYC process straightforward. After the transaction fees are received, the recipient will get the amount within 2 working days.
RBI Regulations on Remittances From India
The Reserve Bank of India (RBI) has fixed an annual limit of $250,000 (about INR 2 crore) that you can send abroad from India. This limit of $250,000 is per person per financial year (April to March).
So, a family of 4 can send over $1 million abroad in a year. Higher limits apply to education, medical expenses, and business travel. This $250,000 limit applies to cash, bank disbursements, and card payments - all amounts sent during the financial year.
Besides, you pay no tax on international remittances up to ₹7 lakh. Therefore, transfers below ₹7 lakh are tax-free. Appropriate taxes will be charged over that amount. Minors under the age of 18 can also send up to $250,000 per year with the bank’s approval.
Our experts can guide you on permissible transfer restrictions and optimize your remittances. That should ease your worries about regulations and tax laws.
Contact Us
Our advisors at Unimoni Valancherry are dedicated to providing an exceptional experience for all your money transfer needs - instant funds, foreign currency, documents, and more.
Our years of focused forex solutions ensure that your money transfers are easy, compliant, and hassle-free. Contact us at Valancherry today to discuss your needs.
You can also visit our branch to see our overseas services in person. We look forward to supporting you and becoming your trusted international remittance partner, now and in the future.
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FAQ
We consider a variety of factors to provide the most reliable and competitive exchange rates. Additionally, our currency converter offers a more accurate rate
Yes, 250000 USD is the maximum amount you can send in any financial year. However, INR 7 lakh is the tax-free limit. There are no taxes to send this amount. However, you pay taxes on more than this sum.
Yes, our currency converter helps you compare live rates. So, you can be sure of the best rates for your outward remittance from Valancherry. Contact our customer service for more assistance.
Yes, you can do that by transferring money from your bank account. Unimoni allows you to choose a payment or credit option. Additionally, when a customer transfers funds overseas, we track and deter data breaches or security issues. That relieves you from any unwanted worries.
Sending money abroad is possible in a variety of ways. However, since it costs you less in transactions, Unimoni is the cheapest of them all with the best transaction rate with no hidden fee. Plus, you enjoy a layer of excellent transparency and the highest level of protection.
If you choose other financial institutions, such as banks or forex companies, to send money abroad, you can incur hidden charges associated with high transaction costs. On the other hand, Unimoni does not charge any additional fees on money you send abroad. We only add our service charges.
Our experienced team will walk you through all the steps for a smooth online money transfer procedure. If you encounter any issues, we will resolve them immediately. In the unlikely event that the Customer is not satisfied with our response or service, the user can contact Customer Care team at 1800 102 0555 or send an email at customercare.india@unimoni.com.
