Get The Secrets How To Send Money From India

Get The Secrets How To Send Money From India - That was not the first time I went to India and suddenly there was a need for sending money to my country, Indonesia, from India. The thing was very inconvenient. In many ways I tried to send money from India to Indonesia. It took me a month to finally solve my problem. Since then I tried to find out how to make it easy. As according to my research in Google, many people were in the same problem like me. Oh God, how can this simple thing still distressful in India in this era?

This is not a new thing that to send money from India to another country is extremely tough and complicated. This is because of Indian Government Rules. Many residents and foreigners cannot make it easily. Even the big financial company like Western Union or Money Grams cannot help you. They can receive money from outside India, but not sending money from India. Then How To Send Money From India? Don't get upset. I always believe in the words "Where There is a will, there is a way".  I will tell you The Secrets How To Send Money From India.

1. PayPal

This is the best and easiest way ever to send money from India. You can do it from home, office, anywhere, anytime. No need of filling forms to send money from PayPal. And this is free of charge too. The requirement is just a verified PayPal account of the recipient and sender.  The money you will receive depends on US$ rate. And the recipient bank account fee may apply.  To make a PayPal account also very easy. It will take a few minutes. You just need to have an email ID to verified your account PayPal, you will need a credit card or debit card account detail. But you must know also which bank in India accepted PayPal. Here they are:

HDFC Bank (Platinum Chip Debit Card)

ICICI Bank

AXIS Bank (Chip Card)

Indian Bank (EMV MasterCard World)

Standard Chartered Bank

Kotak Mahindra Bank (Gold Chip Debit Card)

CITI Bank

If you know another bank which is work well with PayPal, you can share with us too. For further information, you can check the PayPal official website.

2. Internet Banking

This is the best way to send money from India if you do not have PayPal account. If you have Internet Banking of bank in India then you just need the account detail of the beneficiary like SWIFT Code, beneficiary name, account number, bank name, branch name, the address and contact number. And you must have PAN Card or any other identification like passport for expatriate. And you may need to input the purpose of sending money. You can write for family maintenance or for a gift. If you send the money for business purpose, then you need an invoice as a proof. The transfer cost and limit amount to transfer may vary each bank. According to me, the best bank to use is ICICI Bank. I have send money to Indonesia bank account through ICICI Internet Banking. The money reach to Indonesia account in the next working day. Try to avoid Indian government bank because it may take longer.

3. Bank Wire Transfer

This is the second best way to send money from India if you do not have a PayPal account. You need a bank account from particular bank you will use to send money. You need to fill forms provided by the bank. You must have beneficiary account detail like beneficiary name, account number, bank name, branch name, the address and contact number. Your identity proof required too. Provide the information regarding the reason to send money. For family maintenance or a gift is the safest reason. The bank will not ask further questions. If your purpose is for business, then you need an invoice as a proof. It may take two working days for the money to reach the recipient's account.

4. Money2world

Money2world actually is an online outward remittance service offered by ICICI Bank to residents of  India for sending money online from India to overseas. You must have a Pan Card and a Aadhaar Card and an account in any bank in India to register. But if you have an ICICI bank account (resident or non-resident), then you need not to register. Just simply log in from your ICICI bank account.

To register money2world account, you can click HERE. Then fill the form and upload your scan of Pan Card and Aadhaar Card. Then follow the next instruction. Online Outward Remittance can be made for the below mentioned purposes:

Education Abroad

Emigration fees

Employment abroad

Maintenance of close relative

Visa fees

Medical Treatment

Police verification

Private Visit Abroad

The maximum amount per non-trade transaction is up to US$ 25.000 per month. For business related, you can send up to US$ 250.000 along with other document as a proof like invoices. Please noted that you cannot use this facility to send money to Nepal and Bhutan. Money can be sent abroad through Wire Transfer and Foreign Currency Demand Draft.

The following currencies are available for making Outward Remittances

Curreny Code    Currency             Wire Transfer    Demand Draft

USD.                 US Dollars               Offered     Offered

EURO                Euro                        Offered     Offered

GBP         British Sterling Pound       Offered     Offered

SGD             Singapore Dollars         Offered     Offered

CAD          Canadian Dollars             Offered     Offered

AUD          Australian Dollars            Offered     Offered

CHF                  Swiss Franc             Offered     NA

HKD         Hong Kong Dollars           Offered     NA

JPY              Japanese Yen              Offered     NA

AED       Arab Emirates Dirham        Offered     NA

SAR     Saudi Arabian Riyal              Offered     NA

DKK               Danish Kroner            Offered     NA

NOK         Norwegian Kroner            Offered     NA

SEK           Swedish Kroner              Offered     NA

QAR                  Qatari Riyal             Offered     NA

NZD     New Zealand Dollar             Offered     NA

You can remit to the below mentioned persons:

(a) Members of your Hindu undivided family; or

(b) Your spouse

(c) You are related to the beneficiary in any of the manners indicated below:

     1. Father (including step-father)     

     2. Mother (including step-mother)

     3. Son (including step-son)     

     4. Son's wife

     5. Daughter     

     6. Daughter's husband

     7. Brother (including step-brother)     

     8. Sister (including step-sister)

For further information, please contact ICICI Bank.

5. Bookmyforex

Bookmyforex in partnership with Axis Bank and HDFC Bank provide services related to foreign exchange and transfer. You can send a remittance using either demand drafts or wire transfers. A quick 5 minute order booking process is all it takes to book an order to transfer   money from India to another country. Whether you need to send money from India for educational   expenses abroad, maintenance of loved ones, medical treatment of family members, foreign   investments or as a gift or donation, BookMyForex will fit your need.

According to the website, BookMyForex provides you with two convenient products for money transfer from India:

1. Foreign currency Demand Drafts: A secure and hassle-free way of transferring money. Foreign  currency demand drafts are physical paper drafts that can be carried physically internationally   or couriered/ mailed to a beneficiary abroad. Demand drafts are perfect for things such as   applications to colleges, tenders, school fees among other things

2. Wire transfers: Wire transfers are direct bank to bank transfers where money from an Indian   bank account is directly transferred to your beneficiary's bank account abroad. Wire transfers   from India are the best and most convenient way to transfer money abroad.

BookMyForex through its exclusive tie ups can offer you the absolute best rates on both wire transfers   and foreign currency demand drafts. Both products are offered through our banking partners.   Upon completing your booking online, simply walk into the nearest participating bank branch to process your order.  And in case you were wondering, you don't need to have an account with any of our partnering banks in order to use our money transfer services.

With BookMyForex you can even freeze the rate at which you want to send your money transfers. Not sure   if our services are right for you? Book a no obligation order for absolutely no cost. You wouldn't   have to pay a paisa until you decide to actually complete your order. Click on the button below to get   started with your money transfer/ wire transfer order.

BookMyForex deals in the following currencies at present:

    US Dollar (USD)

    Euro (EUR)

    British Pounds (GBP)

    Australian Dollars (AUD)

    New Zealand Dollars (NZD)

    Canadian Dollars (CAD)

    UAE Dirham (AED)

    Saudi Riyal (SAR)

    Japanese Yen (JPY)

    Swiss Franc (CHF)

    Hong Kong Dollar (HKD)

    Singapore Dollar (SGD)

    Swedish Krona (SEK)

    Thai Bahts(THB)

Click HERE to start and choose "Money Transfer" then fill the form and follow the steps.

After knowing The Secrets How To Send Money From India, you need not to be confuse anymore how to send money from India to another country. Just try the above method. Good luck!