Foreign outward remittance from Mumbai

Foreign outward remittance from Mumbai has been grown enormously over the decade. This is because, the movement of people from Mumbai to other parts of the world in search of different requirements made it a need to make overseas money remittance from Mumbai. Whether a person pursuing studies abroad, or doing business in foreign countries, or working in any of the foreign nations etc, the overseas outward remittance is a certainty in their lives. All these made the foreign money remittance to abroad a basic need among the people in Mumbai. Since the overseas money transfer has become an unescapable practice today, the a to z facts about the overseas money remittance procedure is described here for your better knowledge. This will benefit those who planning to remit money from Mumbai to other parts of the world.

Who are the reliable sources to rely for foreign outward remittance from Mumbai?

• Any AD I Banks
• Authorized money dealers with either AD II or FFMC licence from apex monetary institute of India- Reserve Bank of India, and other controllers for overseas money remittance.