International Money Transfer in Easier Ways with Unimoni
Outward remittance from Villupuram may seem like a tough job. Multiple transfer options, several costs, and very complex processes - it's all like a maze.
Take a deep breath. Unimoni is here to partner with you through the whole process to ensure that your international money transfer is easy to do.
Outward remittance plays a tremendous role and we, at Unimoni, know this very well. During the last 30+ years, we have helped a lot of families in their financial paths. Our skilled advisors will walk you through the different methods of money transfer that best suit your needs. This will save you hours and allow you to focus on more important things.
Remitting money offshore is not just a transfer to us - it is supporting a family together, even when distance is an obstacle. We at Unimoni are here to ensure that your international money transfer from Villupuram will be safe and secure.
RBI Norms to Observe While Sending Money Abroad
Indian residents can transfer up to USD 250,000 (approx. INR 2 crore) abroad, every financial year as per RBI’s Liberalized Remittance Scheme (LRS). This includes almost everything for which you may require to send money: family support, tuition fees, medical bills, and others.
TCS at the rate of 5% is charged on sums above 7 lakh INR. There are a few exceptions like education and loan repayments.
Our secure system will make the online money transfer process hassle-free and from any region that comes within the limits we allow. We have simplified the process of sending international remittances.
The Main Benefits of Choosing Unimoni
- Competitive Exchange Rates
Being one of the major service providers, we present you with the most competitive forex rates for all your international money transfers. This will give you a fair market price for your money.
- Speedy Processing
With our strong global network, we can transfer your funds within 1-2 business days. It is the timely money transfer that gives you peace of mind.
- Time-tested Experience
Our company has 25+ years of experience. This guarantees that your money transfer will be smooth, abiding by all the rules, and free of stress. You can count on our expertise and experience.
In short, sending money from Villupuram through Unimoni is hassle-free, simple, and safe. Sign up with us for an effortless money transfer process.
The Step-By-Step Process to Send Money Abroad
- 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.
Taxes and Compliances Related to Overseas Money Transfer
- GST – included in the listed transfer cost. No extra paperwork involved!
- Income Tax - Zero taxation of sum below 7 lakh rupees. For larger amounts, we shall indicate applicable tax and the category of remittance and income that is subject to tax.
- Overseas Tax - We let you know whether or not there are taxes based on the regulations of the recipient's country. This ensures complete clarity.
- Reporting Rule – We handle all the laws and reporting requirements. Compliance is our specialty
Choose Unimoni Villupuram
Our team will always be there to advise you on immediate remittances abroad with competitive exchange rates, documentation services, and any other needs.
We offer diverse financial services under one roof for your complete convenience. Our experienced staff will guarantee a hassle-free and smooth experience for your international money transfers.
You can have absolute confidence in us that we will provide the full-cycle solution for sending money abroad or any financial service available. We prioritize customer satisfaction.
You may visit our Villupuram branch for an outward remittance or to meet any of your financial needs today.
Branch Locator
FAQ
You can either visit our nearest Unimoni branch or use our online banking option to make a money transfer securely and easily.
We'll ask you to submit your ID, the bank details of the receiver, your PAN card, and the proof of the domicile. We will take you by the hand at that point.
Unimoni normally credits funds to the recipient’s account within 1-2 business days.
Yes, we involve sophisticated security systems ensuring 24/7 protection. So, the question of intrusion or hacking does not arise.
You can transfer larger amounts on our website or visit any of our offices. The exchange rates will always stay low, and we have zero hidden charges.
Yes, a sum of 7 lakhs INR will be tax-free in one fiscal year. Any sum sent above this limit is subject to tax.
You can monitor the status by logging in to your account on the Unimoni website.
Certainly, our currency converter, which is simple to use, will let you check live rates.
Unimoni transfer service is a better choice for outward remittance. While other options exist, you may need to confront a diverse range of challenges.
Yes! Throughout the money transfer process, our skilled experts will help you to make it trouble-free.
