International Money Transfer in Easier Ways with Unimoni
Nowadays, the issue of online money transfers is rapidly and effectively connected. Money transfers for donations, payment of school fees, taxes, and other purposes have made it easy for people to send money internationally, but like all other overseas money transfers, they also have security and hefty fee concerns that prevent people from engaging in international money transfers.
The next thing on the way is Unimoni, an all-rounder solution that will help you cover all challenges. Acknowledged as the fastest and most secure platform for international money transfers from India, Unimoni offers fuss-free send and receive- money transactions from Nedumangad.
How To Make Overseas Money Transfers from Nedumangad Via Unimoni?
- 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.
Why Is Unimoni The Best Option For Sending Money Abroad From Nedumangad
- Comprehensive Financial Solutions- Ensuring a national presence for the past 20 years, Unimoni offers various financial services to over 160 countries across more than 300 locations in India. Services provided include foreign exchange, fund transfer, electronic money transfer, loans, insurance, and a currency converter tool.
- Efficient and Secure Transactions- Express transactions are the main area Unimoni concentrates on, so most transactions are done within 15-30 minutes. Closing your eye on cash tokenization utilization by clients is an money transfer that can be done with the help of credit cards and net banking for additional security.
- Trustworthiness and Accreditation- Unlike the rest of the money remittance services, Unimoni is Authorized Dealer-II with RBI, so despite different kinds of money remittance services, the same attracts customers and increases their prospects.
- Competitive Advantage- Unimoni has become a standout alternative amongst other providers by leveraging technology and remaining price-competitive in money transfers. A one-stop shop at competitive rates and doorstep service, our clients, be they small businesses initiating transfers locally or people initiating international transfers, receive the best quality service.
- Safety and Security- Our customers' safety is the primary concern, and we keep the client's funds in the secure custody of recognized financial institutions. With durable auditing mechanisms and data protection tools, we are reducing the chances of any risk or data breach to a minimum.
What Are the Applicable Taxes on Outward Remittances from Nedumangad?
Unimoni honors the idea that the heart of any business is its ability to comply with tax rules, giving the most significant effort to maintaining transparency in business operations.
To this end, we subject transaction fees and exchange margins to 18% Goods and Services Tax (GST) and then transfer this amount to the country's finance authority from the monetary authority.
Besides, we have, over time, been keeping up with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) regulations by withholding tax deducted at source (TDS) so that they can provide clarity and transparency.
At Unimoni, we impose a 5% Tax Collected at Source (TCS) on transfers of more than Rs 7 lakhs.
Connect With Us
The international money transfer field offers multiple possibilities, but only some choices are equally inexpensive and convenient. Check out Unimoni if this is the case with you and you are looking for a popular and reliable money transfer service from Nedumangad service.
Contact us if you have any questions or want more detailed information.
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FAQ
Certainly! Unimoni facilitates money transfers to significant countries, making it a popular choice for international transfers from Nedumangad. Contact unimoni for a smooth and successful money transfer.
To conduct an overseas money transfer from Nedumangad, essential documents such as proof of identification (Aadhaar Card, passport, driver's license), PAN card, beneficiary's bank details, and address proof are required for seamless transactions.
Unimoni streamlines international remittance by providing affordable, user-friendly, secure money transfer solutions through digital platforms, banks, and dedicated services. Visit any of our branches. Use the branch locator to find the nearest branch. All done! Our friendly staff will take care of the rest.
Under India’s Reserve Bank Remittance Scheme, personal cross-border payments are permissible for various purposes, with an annual cap of $250,000 (Rs 2 crore) per person.
Unimoni, an RBI-authorized AD II category license holder, offers competitive rates, fast service, and high security, making it a trusted choice for currency exchange. Contact unimoni for a smooth and successful money transfer.
While bank transfers are inexpensive, they typically take 4-5 business days. However, Unimoni offers low rates and minimal fees and processes funds within two business days.
Based on reviews and RBI authorization, Unimoni stands out as one of the top choices for international money transfers, boasting 24/7 customer support and global language assistance.
Under the Liberalized Remittance Scheme, individuals can remit up to Rs 7 lakhs overseas without tax implications, providing flexibility and convenience in online transfers.
Unimoni is recognized for its reliability, transparency, speed, and affordability, ensuring safe and efficient transactions. Unimoni is an RBI-authorized financial institution and AD II licence holder. Your money is safe with us!
Yes, it is absolutely safe! Unimoni is an RBI-authorized financial institution and AD II licence holder. Security for all your details and funds is our priority, and our anti-fraud team works extremely hard to avoid mishaps.
