International Money Transfer in Easier Ways with Unimoni
The service of money transfer to different places worldwide has traditionally been an arduous and expensive task. It was exemplified by a huge loop of middlemen, paperwork, lots of extra charges, etc. To be able to send money abroad, fortunately, became developed over time. These developments in the money transfer industry over the past couple of years have allowed the masses to enjoy faster, cheaper, and value-added foreign money transfer services from remittance companies.
The complexities of international money transfer with different currencies and banking systems show how the process of money transfer is not the easiest. However, the upcoming developments have brought the world closer and made it simpler for people to connect with the help of large and competitive industries.
International money transfers from various cities in India have started developing rapidly, and we look at how this process works in the city of Eluru in Andhra Pradesh.
How to Send Money From Eluru to other countries through 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 a Great Option for International Money Transfers from Eluru?
When sending money abroad from Eluru, financial services like Unimoni have better options than banks. We offer customers lower transfer fees, better exchange rates, and more flexible transfer options. Additionally, we also have lower operating costs and can negotiate better exchange rates with the partners. We provide the people of Eluru with convenient transfer options such as online money transfer, making it easier for the customers to send money abroad.
Unimoni can be the best choice for customers for international money transfer as we provide an easy, effective, transparent process of currency exchange from Eluru at flexible rates. Unimoni again is a great option for international money transfer from Eluru because it is an authorized dealer money transfer service regulated by RBI. We also provide the people for this city with a variety of international money transfer options like wire transfers, demand drafts, etc.
All About International Money Transfer from Eluru
International money transfer is a way through which people can send money from one country to another using services for various reasons like family support, educational support, investing in foreign business, etc. There are many ways to send money abroad and it is important to go through the various options available for the same.
Usually, these remittances are made through a money transfer agent. It is now easier than before to connect with different parts of the world, and with this comes the constant need for foreign money exchange. There are over 180 currencies that are recognized as legal tender around the globe. Because of this reason, the process of money transfer being introduced has made it effortless for people to send money abroad. Through Unimoni one can effectively send money from Eluru to any part of the world and help in making a transparent foreign currency exchange.
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Through Unimoni’s services, you can send money abroad conveniently and safely at competitive exchange rates. Through Unimoni you can opt for money transfer for secure international transfer. Money Transfer services are fast, efficient and effective, cheaper than other banks and online service providers. You can send the money from the comfort of your home to any country without much hassle.
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FAQ
People in Eluru can send money to different countries using the Unimoni platform, for various purposes including birthday presents, education purposes, emergency expenses and other relevant expenses from India to abroad.
In Eluru, India, usually, the most affordable way of sending money abroad is through Unimoni.
Unimoni is one of the most efficient international money transfer service providers. All you have to do is visit the branch with the needed documents and our representative will help you out.
The Reserve Bank of India (RBI) has set limits on the amount of money an individual can send out of the country, depending on the reason of the transfer; and with supporting documents required for compliance. Without tax, this amount is upto INR 7 Lakhs as per the RBI Liberalised Remittance Scheme.
As a rule, people sending money from the Eluru district of India to another country have to present their documents, such as identity cards and PAN cards.
Yes, locals in Eluru can transfer money internationally from their accounts through various channels like wire transfers and online banking, as well as carrying out the transfer in person. Contact Unimoni for more details.
The exemption limit for a person who is willing to send money abroad varies from country to country and also the purpose of the transfer. As per the RBI Liberalised Remittance Scheme, you can send up to INR 7 Lakhs without tax.
Usually, a maximum amount of $250,000 or INR 2 crores can be sent every financial year from India to abroad.
No, the work is hassle-free and can be done easily, by visiting any nearest branch of Unimoni, in Eluru for your money transfer services, from India to international destinations.
