International Money Transfer in Easier Ways with Unimoni
Manipal is one of India's major university towns in the Udupi district in Karnataka. Many students move abroad for employment or higher studies after graduating from university. Residents of Manipal and nearby areas always look for a safe and reliable option to send money abroad to their near and dear ones swiftly.
Unimoni offers a solution to the problem. People of Manipal can walk into any nearby Unimoni branch and initiate an international money transfer at affordable prices and top-notch service quality. Continue reading to learn more about how to send an overseas money transfer with Unimoni.
Things to Consider Before Making International Fund Transfer from Manipal
You must objectively analyze all the given factors to extract maximum value from the transaction. The factors are as follows:
- Exchange Rate
Every international money transfer depends on the exchange rate. It is the rate at which one can convert INR into a foreign nation's currency. This prevailing exchange rate will determine how much money you must pay for the fund transfer.
- Time
The foreign exchange platforms complete the outward remittance from Manipal in different timelines. You should compare the time taken by every platform and choose the quickest one, like Unimoni.
- Payment Methods
The more payment modes there are, the greater the empowerment of the customers. Before deciding on a foreign exchange transfer company, you should always see the different payment modes they offer. You should always choose the company that offers maximum payment choices.
Why Is Unimoni the Best Option for International Money Transfer from Manipal
Unimoni is India's trusted and leading company in the international money transfer segment. Let’s discuss a few reasons that set Unimoni apart:
- Multiple Branch: We serve more than 500 locations in India, including all Tier 2 and Tier 3 cities. Such a vast network enhances accessibility; you do not have to travel far for outward remittance.
- Affordable Rates: Unimoni offers the most competitive exchange rates to its customers. We always prioritize customer interest, and in line with this policy, Unimoni offers complete absorption of losses arising from exchange rate fluctuations. This prevents additional financial burden on the customers.
- Authorized Dealer: Unimoni is an Authorized Dealer Grade II registered with the Reserve Bank of India. This designation enhances customer confidence as we adhere to every RBI guideline, and the Apex regulator closely monitors our activities. It ensures that your money is in safe hands. Moreover, Unimoni has modern and sophisticated technologies to safeguard customer's sensitive financial information.
How to Do a Swift Money Transfer from Manipal with Unimoni?
Here are some steps that you need to follow to carry out a hassle-free and quick international money transfer from Manipal with Unimoni:
- Step 1: Visit a nearby Unimoni branch. You can find nearby branches from the list of branch locators.
- Step 2: Hand over the physical copies of your ID Proof, PAN Card, Proof of Residence (POR) statement, and bank details, which state the reason for such money transfer and details of the beneficiary's bank account.
- Step 3: Complete the payment via cash deposit, cheque, UPI, or debit/credit card. Once we receive the payment, we will conduct a KYC check, and the overseas money transfer will be completed in 1-2 business days.
What Are Unimoni's Advantages Over Banks and Other Forex Companies
Given below are the advantages of using Unimoni over competitors like banks and other forex companies:
- Competitive Exchange Rates
Unimoni is the only foreign exchange company that offers a fair exchange rate to its customers. We offer complete absorption of any losses arising due to exchange rate fluctuations. This benefit goes a long way in reducing the clients' financial burden.
- Flexible Payment Modes
Unimoni offers several payment modes for completing international money transfers hassle-free. You can choose from various payment modes like cash deposit, cheque/DD, UPI, debit, and credit cards. The greater choices mean the true empowerment of customers.
- Tracking
Unimoni also offers a complete tracking facility for its users. You can track the overseas money transfer live 24/7 using the Unimoni app or visiting the Unimoni website.
- Security
We are a Level 2 Authorized Dealer registered with the Reserve Bank of India. This ensures transparency as well as security. We adhere to RBI norms and regulations and are closely monitored by the apex regulator. All these mean complete security of your financial information and money.
Contact Us
The stressful and nightmare days of international money transfers are over. Unimoni brings you a simple, secure, and quick overseas money transfer process. Visit the nearby Unimoni branch to send money to your loved ones living in foreign lands at affordable charges and keep track of the transfer via our Unimoni app.
You can also contact us for any queries or doubts. We are happy to help!
Branch Locator
FAQ
It is quite difficult to cancel the transfer once it is initiated. However, you can contact our customer support team and we will help you in the best possible way.
You can send up to Rs 7 lakh without any tax deductions. If you surpass this amount then the tax is implicated.
No, there is no limit on the frequency of money transfers with Unimoni. However, you can send up to $250,000 (Rs 2 crores) in a financial year.
There is no restriction or upper limit in Unimoni. However, per the RBI guidelines, the maximum amount one can send under the LRS is $250,000 (Rs 2 crores).
Once we receive the money, we initiate a fund transfer, and the beneficiary will receive the cash within 24-48 working hours.
You must submit an ID Proof, PAN Card, POR statement, and bank details for overseas money transfer. Some countries may mandate a Passport as well.
You can track the money transfer using the Unimoni App or by visiting the Unimoni website. Go to the "Check Transaction Status" and fill in the reference number for live tracking.
Yes, your parents can send money up to $250000 (Rs 2 crores) as per the RBI guidelines to the USA by visiting a nearby Unimoni center. Visit the unimoni branch with valid documents- an unimoni representative will help you complete the transaction.
As per the RBI guidelines, KYC is mandatory for all overseas money transfers.
Yes, it is entirely safe. We prioritize the safety of your private information and our anti-fraud team works efficiently to ensure no mishaps occur.
