International Money Transfer in Easier Ways with Unimoni
Send money to Malaysia hassle-free with Unimoni. We're an RBI-authorized AD-II, ensuring safe and reliable money transfers.
Sending Money to Malaysia: A Quick Guide
Are you planning a trip to the stunning beaches of Langkawi or the vibrant city of Kuala Lumpur? Or do you have family or friends in Malaysia who need financial support? Whatever the reason, sending money to Malaysia has never been more important.
There are many options which can make it overwhelming to select the correct method. We have compiled a comprehensive guide to help you navigate the process smoothly. You'll be able to discover the best ways to send money, factors to consider, and tips to ensure that your funds reach their destination safely and quickly.
Ready to learn more? Keep reading!
Why Send Money to Malaysia from India?
Malaysia, a vibrant Southeast Asian country, has strong ties with India. This connection has fostered a growing trend of money transfers between the two nations. Here are some common reasons why people send money to Malaysia from India:
Supporting Loved Ones
- Family Support: Many Indians have family members who live and work in Malaysia. Sending money regularly helps them with living expenses, education, healthcare, and other needs.
- Student Support: Malaysia is a popular study destination for Indian students, and financial support from family back home is crucial for covering tuition fees, accommodation, and living expenses.
Personal Reasons
- Travel Expenses: Whether it's a vacation, business trip, or pilgrimage, travellers often need to send money to Malaysia in advance for accommodation, transportation, and other expenses.
- Medical Treatment: Some people send money to Malaysia for medical treatments or to support family members undergoing medical procedures.
- Emergency Funds: In emergencies like job loss or natural disasters, financial assistance from India can be a lifeline for Malaysians.
These are just some of the reasons why people choose to send money to Malaysia from India. This trend will likely continue due to the two countries' growing economic and cultural ties.
Wire/SWIFT Transfer
The most reliable and efficient method to send money to Malaysia from India is through a wire or SWIFT transfer. This method ensures the safe and timely delivery of your funds.
Steps to Send Money to Malaysia via Unimoni
- Visit your nearest Unimoni branch: To locate the immediate branch near your location, visit our website at https://www.unimoni.in/locate-us.php and find it with a click!
- Documents Needed:
- PAN Card
- ID Proof (Aadhaar Card/Passport/Driver's license)
- Bank details of the beneficiary
- Make the payment: You can make the payment and the transaction fee.
Know Wire/Swift Transfer
Wire transfers are frequently utilized to send money internationally, mainly from India to Malaysia, often via the SWIFT network. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication, a secure messaging system banks use to communicate payment instructions globally. In a wire transfer, your bank sends detailed instructions to the recipient's bank through the SWIFT network, specifying the amount to be transferred, sender and recipient information, and the currency.
This method guarantees safe and efficient cross-border transactions. Although wire transfers are generally faster than other methods, processing times can vary depending on the banks involved, currency exchange rates, and compliance checks. When using wire transfers, it's important to consider potential transfer fees and exchange rate fluctuations.
Unimoni: Your Trusted Partner for Sending Money to Malaysia
Sending money to Malaysia should be quick, secure, and cost-effective. That's where Unimoni comes in. With our unmatched expertise and commitment to customer satisfaction, we've established ourselves as a leading provider of money transfer services to Malaysia.
Why choose Unimoni?
We provide the best exchange rates and low transaction fees to help you maximize the value of your money when sending it to your loved ones. As an RBI-authorized AD-II licensee with over 25 years of experience, we prioritize transparency, fair pricing, and strict regulatory standards to ensure the safety and security of your funds. With an extensive network of over 300 branches and 15,000 agent locations across India, we strive to make your money transfer experience as smooth as possible. Our team of experts is always available to assist you with any questions or concerns. Trust us to be your reliable partner when sending money to Malaysia.
Experience the Unimoni difference today!
Keep in Touch!
You have several convenient options for quickly connecting with Unimoni for any inquiries about sending money to Malaysia. Visit our website at https://www.unimoni.in/ for more information and to initiate an online transfer. You can chat with our friendly customer service representatives on our website if you prefer direct interaction. For immediate assistance, call our toll-free number at 1800 102 0555. Alternatively, please message us on WhatsApp at +91 9946086666 for quick and convenient communication. For detailed questions, feel free to email us at customercare@unimoniindia.com.
No matter your preferred contact method, Unimoni will assist you and ensure a smooth money transfer experience to Malaysia!
Branch Locator
FAQ
Sending money to Malaysia from India with Unimoni is simple and convenient. Visit any of Unimoni's branches with proper documents. Our friendly unimoni staff will take care of the rest. Our secure and efficient service ensures that your funds reach Malaysia promptly.
Unimoni offers several advantages for sending money to Malaysia, including competitive exchange rates, low fees, and a hassle-free transfer process. Our services are designed to be quick and efficient, with transparent fee structures and a user-friendly platform. Our 24/7 customer support is also available to assist you with any queries or issues, ensuring a smooth experience.
Transfers to Malaysia with Unimoni are typically processed within 1-2 business days, depending on the transfer method and the time the transaction is initiated. Our fast and reliable service ensures that your funds are delivered to Malaysia promptly, allowing you to manage your financial needs effectively.
Under the Reserve Bank of India (RBI) 's Liberalized Remittance Scheme (LRS), you can remit up to USD 250,000 per financial year for various purposes, including sending money to Malaysia. If you need to transfer amounts beyond this limit, Unimoni can help you navigate the necessary procedures and ensure compliance with regulatory requirements.
To send money to Malaysia using Unimoni, you will need to provide the recipient's full name, bank account details, and address and specify the amount you wish to transfer. Additionally, you'll need to provide your identification documents for KYC (Know Your Customer) verification. Unimoni's straightforward process makes gathering and submitting the required information easy.
