International Money Transfer in Easier Ways with Unimoni
International money transfers have become quite common because people are increasingly moving abroad for their academic or professional pursuits. While it was a complicated procedure in the pre-digital era, the rapid advancement of technology has transformed it into a convenient and hassle-free procedure.
So, are you a resident of Machilipatnam and wish to send some funds to a beneficiary in a foreign country? Choose us to send money quickly and easily in just a few steps. Read on to know the steps and more.
How to Send Money from Machilipatnam?
Are you worried about whether you can make an international money transfer sitting in Machilipatnam? Yes, you can. Opt for a swift money transfer from Machilipatnam through the following easy steps:
- Step 1: Locate Your Nearest Unimoni Branch
First, locate the nearest Unimoni branch. You must first visit our branch to initiate an international money transfer process. You can choose from one of our 307 branches spread over 15,000 agency locations nationwide.
You can visit our website or App and choose your state. You will view the list of Unimoni branches near you and their address and contact details.
- Step 2: Submit the Documents Required
Carry the following documents to the Unimoni branch to send money abroad:
- Proof of identity (Aadhaar Card, driver's license, passport, etc)
- PAN card
- POR statement
- Bank account details
- Step 3: Choose Your Preferred Currency and Denominations
Next, you have to choose the currency and denomination of the country where the beneficiary is located. We offer international money transfer services for a wide range of currencies worldwide.
- Step 4: Provide all the Transaction Details
Then, you have to provide all the required transaction details, such as the beneficiary's name and bank account details, their residence proof, etc.
- Step 5: Pay the Applicable Transaction Charges
Finally, pay the transaction fees through any form of payment of your choice, such as credit/debit card, net banking, etc.
After you have completed the processes mentioned here, Unimoni will verify the documents and the details submitted. Once the evaluation is over, the beneficiary will receive the money at the blocked exchange rate within a few business days.
Why Is Unimoni the Best Option to Send Money Abroad from Machilipatnam?
At Unimoni, we are an AD II category licence holder authorized by RBI. Check out the reasons why Unimoni is the best option to send money abroad from Machilipatnam:
- Quick Transfer of Funds
We initiate the transfer of funds immediately after the verification of KYC documents is over. We have a strong international financial network, which ensures that the money reaches the beneficiary within the next two business days.
- Easy and Hassle-Free Procedure
The entire process is easy and hassle-free. Visit your nearest Unimoni branch, ensure you enter the transaction details correctly, and submit all the documents required and the funds you want to transfer. We will take care of the remaining procedure.
- Competitive Exchange Rates
A significant feature that makes Unimoni the best option for international money transfers is its competitive foreign exchange rates, especially compared to other financial entities. We eliminate any risk associated with international currency rate fluctuations.
You can check the currency converter to understand the rates of your preferred currency before initiating any transaction.
Benefits of Unimoni Over Banks and Forex Companies
Check out the reasons why you should choose Unimoni as against other banks or financial companies to send money abroad:
- Lower charges for international money transfer compared to banks and other financial service providers
- Simple process for international money transfer from Machilipatnam
- Foreign exchange rates are highly competitive when compared to other financial institutions
- Provision for multi-currency transfers due to our easy access to multiple currency markets
- We have an Authorized Dealer II license so that we can engage in outward remittance for educational purposes as well
Key Takeaway
Consider choosing Unimoni for all your international money transfers because of its many benefits, namely the hassle-free procedure. Contact us today for a swift money transfer service from Machilipatnam.
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FAQ
Yes, you can quickly transfer money internationally from Machilipatnam with the help of Unimoni. Just visit your nearest branch with valid documents, and our representative will assist you in completing the transaction.
Sending money abroad from Machilipatnam via Unimoni is the easiest way to transfer the required funds. You'll benefit from competitive forex rates, low transfer charges, and hassle-free procedures.
You can make international payments via banks, digital payment platforms, post offices, various money transfer services, and more. Consider opting for Unimoni, which carries many benefits for transferring funds, such as low charges for international money transfers, quick processing time, and a wide range of currencies.
Unimoni is the best company in India for transferring money abroad because of its hassle-free procedures, quick processing, and competitive forex rates. We hold an AD II category licence that is authorized by RBI.
According to the guidelines of the Reserve Bank of India (RBI), resident individuals in India can transfer a maximum of $2,50,000 (INR 2 crores) in a financial year.
Some crucial documents required for sending money abroad from Machilipatnam include the remitter's identity proof, PAN card, beneficiary's bank account details, and POR statement.
As per the Liberalized Remittance Scheme (LRS) of RBI, a person can send a maximum of Rs.7,00,000 without any tax in a financial year.
Parents in India can send a maximum of $2,50,000 to their children in the USA through RBI's Liberalized Remittance Scheme.
You can quickly transfer money internationally via 'bank transfer' from your bank account. If you wish to make international money transfers, consider Unimoni. It offers multiple benefits, including lower transaction fees than banks and other financial service providers. As a result, it’s a cost-effective option.
A bank transfer is the cheapest way to transfer money internationally. However, it may be slower than other money transfer methods, such as credit/debit card transfers. You can choose Unimoni to send money abroad quickly and cost-effectively.
