International Money Transfer in Easier Ways with Unimoni
With the increasing number of people moving abroad, the need for sending money internationally has become more crucial than ever. Some providers offer less than competitive exchange rates, reducing the value of your transferred money.any money transfer services have hidden fees like transfer fees, beneficiary charges, and intermediary bank charges, making it difficult to predict the final amount received.
You do not have to worry about such issues with Unimoni. We strive to make overseas money transfers seamless and are committed to maintaining transparency and presenting an upfront fee structure. Unimoni stays updated on all regulations, ensuring your transfers comply and avoid delays. By providing a user-friendly platform, clear fee structures, and competitive rates, Unimoni strives to make international money transfers from Nadapuram a seamless and stress-free experience.
How to Initiate an Overseas Money Transfer from Chengannur?
To make a seamless outward remittance from Chengannur, follow the steps mentioned.
- Step 1: Head to the Nearest Unimoni Branch
You can access 307 branches and 15000 agency locations Of Unimoni across India as per your location. Use the branch locator and streamline the search for the nearest Unimoni branch. Select the state name, and you will see all the branches nearby.
- Step 2: Submit the Documents
Documents that you must keep for international money transfers from Chengannur:
- PAN Card
- ID Proof (Aadhaar Card/Passport/Driver's license)
- Bank details of the beneficiary
After completing a successful KYC verification, the funds are processed within two business days. KYC verification helps prevent fraud and money laundering by confirming your identity and address. This benefits both you and Unimoni. The 2-day timeframe can vary slightly depending on the destination country and intermediary banks involved, but KYC verification significantly reduces processing delays on your end.
Reasons Why People Send Money Abroad from Chengannur
These are some common reasons why people send money abroad from Chengannur.
- Support Emigration- The emigration process involves a lot of documentation and payments. Unimoni ensures that you can make emigration remittances on time. The documents that you are required to submit are a PAN card copy, passport copy, emigration visa, Retail Outward Remittance Application form- A2 cum LRS Declaration, etc.
- Pursue Education Abroad- As Unimoni holds the Authorized Dealer II license, you can use this platform to remit money for funding overseas education, making it easy for the students to manage their living and accommodation expenses, tuition fees, etc.
- Family Maintenance- Whether it is for maintaining your house, clearing student loans, offering financial support to family members, etc., there can be many reasons why one has to send money abroad. With Unimoni, it has become very easy to make outward remittances.
However, you must be mindful of the documentation and keep the PAN card, Retail outward remittance application - A2 cum LRS Declaration, OVD with remitter’s address, etc.
- Gift Remittances- You can also send money internationally as a gift to your loved ones and those near you. Indian residents under the Liberalized Remittance Scheme are allowed to make gift remittances. For a seamless transfer, you must submit a PAN card copy, Form A2, or OVD that states the address of the remitter, essential KYC documents, etc.
Why is Unimoni the Best Option to Send Money Abroad from Chengannur?
Here are some of the reasons why Unimoni stands out as a reliable international money transfer from Chengannur:
- Competitive Exchange Rate: Unimoni offers an unbeatable currency exchange rate to help you get the best value for money. You can use the currency converter to convert different currencies seamlessly.
- Reputed and Authorized Entity: An authorized international money transfer service provider will make outward remittances seamless. Unimoni holds an RBI-authorized AD II license.
- Seamless and Fast Transfers: Unimoni ensures a simplified overseas money transfer. Visit any of the nearest Unimoni branches, keep the necessary documents, choose your currency, pay the transfer fees, and undergo KYC verification to make international money transfers from Chengannur.
- Dedicated Anti-Fraud Team: Unimoni boasts a dedicated anti-fraud team that works throughout to ensure your account and money are secure from fraudulent activities. We also employ two-factor authentication. Your personal credentials are also safe with us.
Contact Us
If you are searching for an authorized money transfer service provider, you can consider Unimoni. We offer the expertise, security, and reliability to ensure a hassle-free international money transfer from Chengannur. You can easily rely on us and benefit from fast transaction processing time, competitive exchange rates, and low transfer fees.
For more details, contact us!
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FAQ
The most common risks involved are currency exchange rate fluctuations, processing delays, and security risks. Contact unimoni for a smooth and successful money transfer. For any queries, you can call 1800 102 0555 directly. You can also email us at customercare@unimoniindia.com. Our Whatsapp number is +91 9946086666.
You can send money internationally using demand draft and wire transfer. These methods differ in terms of security, cost, and speed. Contact unimoni for a smooth and successful money transfer. For any queries, you can call 1800 102 0555 directly. You can also email us at customercare@unimoniindia.com. Our Whatsapp number is +91 9946086666.
If your overseas remittances exceed Rs 7 lakhs, 5% TCS is levied under the Liberalized Remittance Scheme. On the other hand, outward remittances made for overseas education supported by financial institutions attract 0.5% TCS.
For any queries, you can call 1800 102 0555 directly. You can also email us at customercare@unimoniindia.com. Our Whatsapp number is +91 9946086666.
No, you do not have to pay additional fees or charges for using the Unimoni currency converter. You can use the converter infinite times, free of cost. It will give you free currency conversion rates based on the live rates.
No, you will not be able to predict future currency exchange rates using a currency converter tool. This tool helps you estimate the prevailing exchange rate. However, you can use our currency converter tool to make desired estimates.
Here are the reasons why there can be delays in outward remittances:
- Insufficient funds
- Technical errors
- Incorrect recipient details
- Fraud prevention measures
- Bank holidays or weekends, etc.
Under the Liberalized Remittance Scheme, the maximum amount you can remit to support overseas education is $250,000 (Rs 2 crore) every financial year.
You must submit the PAN card to complete transactions under the Liberalized Remittance Scheme.
