International Remittances – peddapalli

Save Money on International Remittances by Choosing Unimoni

International remittances are getting more and more importance due to the increase in the number and volume of overseas remittances. The technological advancements and better access to foreign countries helped in this cause. Indians prefer foreign countries mainly for their education, emigration and employment purposes. By seeing the opportunities in remittance business, there are lot of unauthorized agents active across India. If you are looking for the best remittance service provider in Peddapalli, Unimoni is the answer and solution for all your remittance requirements.

Safe and Secure Money Transfers:

When you are planning to transfer money to foreign countries, the important aspect comes to your mind is about the safety of your fund transfers. You may also have the doubts regarding the time required in these fund transfers to hit the beneficiary account. All these can be cleared if you are able to choose the service provider wisely. Authorized and experienced agents in this field can transfer fund in quick time and also by ensuring the security in transfers. Unimoni is the first Company in India to get Authorized Dealer II license and specialized in Sending Money Abroad for majority of Indians.

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    Authorized Purposes and Limits in international remittances:

    Reserve Bank of India set certain limits for international money transfers. Under the Liberalized Remittance Scheme (LRS) of RBI, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both. The following are the widely accepted purposes for international money transfers

    • Overseas Education
    • Overseas Employment.
    • Emigration Fees.
    • Visa Fees.
    • Maintenance of Close Relatives.
    • Medical treatment abroad.

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    Important Points:

    There is a lot to think about when transferring funds abroad. Determining how to send money abroad is easier once you understand the pros and cons of each service.

    • Exchange Rates: Take note of the exchange rates while opting for the services. Foreign exchange rates are always fluctuating hence it is often advisable to check the rate especially in case of higher amounts.
    • Service Provider: Choose the most secured and trusted service provider for international money transfers.
    • Transaction Charges: It is often advisable to rely on authorized service providers who provide standard transfer fees.
    • Time for Overseas Transfer: SWIFT Transfer can take up to 48 working hours for the funds to be credited to the beneficiary account in Abroad. Sometimes, the transaction gets completed much before this time limit, usually within 24 hours of doing the transaction.

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      How does money transfer work in international remittances?

      You may have doubts regarding the practicality of fund transfer from one country to another. The most common way of international money transfer is through the SWIFT or Society for Worldwide Interbank Financial Telecommunication network. The SWIFT network is a messaging protocol. This network is used to send information from one bank to another. Indian Banks and RBI approved Authorized Dealers like Unimoni has arrangements with major banks across the globe to receive SWIFT messages which ensures safe and secure outward remittances from India.

      Lower Fees:

      Customer service and satisfaction are the main focus of Unimoni India. Unimoni is a leader for Send Money Abroad in India with a good number of branch networks. We used to quote the best rate with lower charges to our customers. If you are looking to send money abroad from India, and especially from Peddapalli, please feel free to get in touch with us by visiting our website https://www.unimoni.in/or mail us at customercare@unimoniindia.com.

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        I authorize Unimoni to contact me to explain the features of the product and other offers.



          I authorize Unimoni to contact me to explain the features of the product and other offers.

            I authorize Unimoni to contact me to explain the features of the product and other offers.