International money transfer in Easier Ways with Unimoni
Secure and effective international money transfer services from Sakthikulangara are of the utmost importance in today's globally linked world. A dependable transfer method is necessary when sending money overseas to help out loved ones, pay for school, or participate in the stock market.
Unimoni is a reputable name in the world of banking. Sending money abroad from Sakthikulangara has always been more challenging than with Unimoni, thanks to Unimoni's variety of transfer methods, reasonable rates, and strict respect for regulatory regulations. Learn how Unimoni makes International money transfer more accessible and helps people with all their financial needs, no matter where they are.
How Do You Initiate an International money transfer from Sakthikulangara?
International money transfer from Sakthikulangara to another country is convenient with Unimoni. Here are a few easy steps:
- 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 Choose Unimoni for Sending Money Abroad from Sakthikulangara?
Unimoni is the best choice for outward remittance from Sakthikulangara for many reasons, a few of which are as follows:
- Unimoni provides ease of processing and low documentation needs. This helps customers save time and effort.
- Unimoni offers individualized assistance to fulfill the demands of students, entrepreneurs, and others with unique financial situations.
- Unimoni emphasizes efficiency without compromising budget, guaranteeing quick and affordable online money transactions.
- Customers may rest easy knowing that their transactions are safe with Unimoni because of its stellar reputation for dependability and dedication to rigorous security protocols.
- Unimoni customers benefit from convenience, customized service, affordable pricing, and complete transaction security.
What Are the Taxes That Apply to Funds Sent Outside the Country?
To ensure your international transfers go off without a hitch and comply with all applicable taxes, Unimoni is here to help. When you send money internationally, you may be subject to various taxes:
- In the Liberalized Remittance Scheme (LRS), Tax Collected at Source (TCS), banks pay a 5% charge on big international transfers.
- Sometimes, banks charge Foreign exchange markup on your transaction.
- Banks or money transfer companies may add a Service Tax or GST fee for their services, which might sometimes be taxed.
- Your overseas money transfer might be taxed based on your home country's rules.
- Banks might need to take some tax from your funds before sending them to you in India, per tax withholding rules.
What Sets Unimoni Apart from Other Banks and Forex Companies?
Compared to more conventional financial institutions and forex firms, Unimoni excels in the following areas to send money abroad from Sakthikulangara:
- Outstanding Exchange Rates: Unimoni offers competitive exchange rates, ensuring customers get more value when converting currencies than other companies.
- Comprehensive Market Connectivity: Unimoni connects to numerous markets, making it convenient for people to send and receive money in different currencies and catering to diverse needs.
- Affordable International Transfers: Sending money abroad with Unimoni is cost-effective, as they charge lower fees than many other providers, saving you money on transfer expenses.
- Customer-Centric Approach: Unimoni prioritizes customer satisfaction by offering quick and personalized service tailored to their needs and preferences.
Contact Us
Unimoni is a reliable and efficient choice for international transfers from Sakthikulangara. With easy initiation processes, personalized assistance, competitive rates, and secure transactions, Unimoni ensures a hassle-free customer experience. Whether you send money to support loved ones, pay for education, or invest globally, Unimoni's services cater to all your financial needs.
Contact us anytime for any questions or to know more details. Choose Unimoni for your next international money transfer and experience convenience, affordability, and peace of mind.
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FAQ
Absolutely! With Unimoni, you can quickly and conveniently send money from Sakthikulangara to many countries. Contact unimoni for a smooth and successful money transfer.
Unimoni offers affordable international money transfer services from Sakthikulangara with reasonable rates and fees, making it a cost-effective option compared to traditional bank transfers. Contact unimoni for a smooth and successful money transfer.
Unimoni is your go-to for reliable and affordable international transfers from Sakthikulangara. Unimoni has RBI authorization and AD II licence.
International money transfer from Sakthikulangara is simple with Unimoni or bank transfer platforms. You can expect quick transfers and competitive exchange rates. Contact unimoni for a smooth and successful money transfer.
Unimoni can help navigate the RBI's outward remittance restrictions, providing personalized recommendations tailored to your needs. Under LRS, Indian residents can send up to USD 2,50,000 (subject to change) per financial year (April-March) for permissible purposes. There are no restrictions on the frequency of remittance under LRS within the annual limit. The RBI allows remittance for various reasons, including, Travel expenses, Education fees, Medical treatment costs, Maintenance of dependents abroad, and Investments abroad (under specific regulations).
Typically, Unimoni processes transfer from Sakthikulangara within two business days, but this may vary depending on the destination and transfer method.
To send money abroad from Sakthikulangara, you must provide proof of ID/proof of address (Aadhar, Voter’s ID, Driving Licence) , PAN Card, and bank details. Contact Unimoni for more details.
Yes, Unimoni makes online money transfers abroad directly from your Sakthikulangara bank account easy and convenient. Contact Unimoni for more details.
Under the Liberalized Remittance Scheme, you can remit up to Rs 7 lakh rupees annually from Sakthikulangara without incurring taxes.
With the Liberalized Remittance Scheme, your parents can send up to $250,000 (Rs 2 crore) per fiscal year from Sakthikulangara to the United States, allowing for significant remittances for various purposes.
