International Money Transfer in Easier Ways with Unimoni
As the world is becoming more and more interconnected, the citizens of Pondichery need to send money abroad for several purposes.
For Indian residents, the need to send money abroad from Pondichery has become a common practice. Common reasons include paying for children's education, supporting family members who have emigrated, making investments in foreign assets, specialized medical treatment, or donations to charities.
Nevertheless, filling in all the paperwork and following the changing regulations may seem challenging. Also, handling taxes, and looking for the perfect exchange rates involved in any outward remittance from Pondichery may look extremely intimidating for individuals.
Here is Unimoni, armed with 30 years of expertise in cross-border transactions. We make all the processes easy, convenient, and free from stress for you. Our experienced advisors, with the latest technology, will guide you through the whole process. That should make outward remittances a smooth process.
Unimoni’s Approach for International Money Transfer From Pondichery
Initiating a money transfer with us is simple.
- 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.
This straightforward approach ensures that overseas remittances for Pondichery residents who use our platform are quick. Plus, the procedure has no hassles, with technology and our expertise behind them.
Why is Unimoni Better Than Other Banks for International Money Transfer?
With over three decades of experience in overseas payments, Unimoni Pomdichery provides:
- Competitive Rates
Our experience (more than 30 years) in the forex market is unparalleled. Also, we have long standing relationships with banks and partners all over the world. This ensures our customers benefit in terms of competitive rates. As a result, you spend a notably lower sum on your international transactions.
- Various Transfer Modes
You can enjoy the convenience you want in initiating the money transfer. Use the Unimoni app, or website, or visit any branch office to start the process. We meet the various needs of customers by offering different remittance modes.
- Swift Processing
Partnerships and the infrastructure of Unimoni allow for the processing and completion of overseas money transfers within 1-2 working days in most cases. This means that you can remit funds to an international partner quickly. Quite fast, you see.
- Dedicated Support
We have a team of customer service experts who are equipped and ready to make your international payments/transfers hassle-free. Also, they address all your questions and challenges fast. This is the kind of assistance users are seeking for an online money transfer.
- Regulatory Compliance
Unimoni, as a reliable forex organization, handles all the official documentation work and compliance requirements for you without your intervention about the conclusion of an outbound transfer. This way you’re saving yourself the hassle of ensuring complete compliance with all requirements set by regulatory agencies.
Give Us a Try
In addition to being a trusted money transfer service from Pondichery, we can help you in many other ways. For instance, our team lets you book travels abroad. Also, you can choose us for import/export payments. Contact us today and feel the difference that we provide.
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FAQ
Yes, it is possible to make outward remittances from your bank account. This process is easier and faster with the involvement of Unimoni. We streamline the entire process, making it convenient for you.
RBI has prescribed a $250,000 (approx. INR 2 crore) limit in any financial year. This foreign remittance cap is binding for all types of transactions, either private or company-related. Nobody can send money abroad over this prescribed limit.
Yes, you can send money quickly from Pondicherry to any part of the world by using Unimoni. We are committed to a secure and efficient service.
When it comes to external remittances, you have various choices. However, choosing Unimoni lets you use the cheapest option while transacting internationally. We offer our services at minimum exchange rates and budget-friendly charges.
You should have your ID proof, PAN card, address proof, recipient’s bank details, and POR statement with you while visiting the nearest branch of Unimoni in Pondichery. If you can manage that, we ensure you a smooth remittance experience.
You can send up to 7 lakh INR in a financial year without bearing any taxes. If you cross this limit, you have to pay tax as prescribed by the taxing authorities.
Your parents can remit a maximum of $250,000 from India to the US every year. If they don't use this limit completely, they can carry forward it to the next year. Only this range as prescribed by RBI is acceptable for overseas money transfers.
There are many options to send funds internationally based on your convenience, be it bank or post office transfers or digital payment methods. However, Unimoni is an ideal choice as it saves you time and money.
Unimoni is a reliable platform that millions of people use to remit money to any part of the world. Also, we have low exchange rates and a simple, fast transfer process. So, we are the best one for all of your overseas remittance needs.
An online money transfer service like Unimoni is an ideal option. In addition to saving time, it should securely move your funds as you wish. The service provider is highly reputable and has various user recommendations.
