Outward remittance

Outward remittance from Mumbai

Outward remittance from Mumbai is never going to annoy you anymore. During the earlier years, outward remittances were a difficult task with limited authentic service providers in the city. However today, a lot of amenities are available to send money abroad at ease from all across India and especially from Mumbai. Here, an A to Z facts you need to know about the fund remittance procedure from Mumbai is elucidated. Have a glance through it before you get ready to remit money from Mumbai.

Which are the most common purposes of outward remittances from Mumbai?

  • Education
  • Medical Treatment
  • Emigration
  • Employment
  • Remittance by Tour Operators/Travel Agents to overseas agents/Hotels
  • Remittance towards fees for examinations held in Mumabi and abroad
  • Visa fees

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    Above listed are the most preferred reasons for outward remittances from Mumbai. Other than this, numerous other overseas money transfers for other purposes like remittances for film shooting, fee for participation in global conference and specialized training, remittance for participation in international events and competitions, disbursement of crew wages, skills/credential assessment fees for intending migrants, processing fees for registration of documents as required by the governments, registration/subscription/membership fees to international organizations etc are also taking place. However, overseas money remittances for these purposes are comparatively fewer than the above mentioned ones.



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    Which are the authentic service providers for outward remittances from Mumbai?

    • Banks with an AD I license from Reserve Bank of India
    • Any authentic money changers with an AD II or FFMC license from the apex monetary institute- RBI

    Outward remittances limit:

    The total amount that could be remitted in a financial year under the Liberalized Remittance Scheme of RBI is restricted to USD 2,50,000/- You can use this limit for multiple transactions within the limit in a particular Fin Year. 

    Where to contact for outward remittances and avail fastest money transfer service from Mumbai?

    If you are looking for outward remittance and the fastest money transfer service from Mumbai, please feel free to get in touch with us by visiting our website https://www.unimoni.in/  and put a query or chat with us at the toll free number 1800 102 0555 or WhatsApp us at +91 9946086666 or mail us at customercare@unimoniindia.com.You can also visit any nearby branches of Unimoni in Mumbai to avail instant services at the best money transfer rate ever . Unimoni can serve you better with all the updated and customized services according to your needs.

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