Explore international money transfer options through simple methods. Your loved ones residing in foreign countries might have an immediate necessity for money, which could be meted out with no hassles. Easy processing, simple documentation, complete transparency, best exchange rates, and much more. The most recommended methods are the FCDD or Foreign currency demand draft and the SWIFT or TT transfer, the electronic mode adding pace and security. It is always handy to know about various options available to send money abroad so that you can easily rely on the best method as per your necessity. Every transaction that deals with money are often made with utmost care hence it is most reliable to swift transfer money overseas only through authorized channels that have their license with regulators. Now overseas money transfer has become easier than before.
International money transfer from India has become a luxury rather than a necessity during the past few decades. There is a continuous increase in the number of Indians who are going abroad for studies, employment, medication, etc., especially when compared to the previous years. Hence the search for quick and easy options for international money transfer from India is gradually increasing. The major question faced by them is how to do international money transfer from India without any hassles? It can be a bit puzzling for many, especially for those who transferred funds from India for the first time. However, the right service provider can help in providing a swift transfer and easy remittance.
Why do you want overseas money transfer from India?
You might have some relatives and friends wanting you to send money abroad for
Pay for overseas University fee at ease
Swift transfer for emigration expenses
Simple employment fee processing
Medical treatment related payments
Send a gift remittance overseas to your friend/ relative
Make payment for your film shoot abroad
Want to sell a property at homeland & repatriate funds
Financial support for family members staying abroad
Pay for your PR documentation, VISA processing, etc.
Overseas money transfer for your Personal visit
Remit money as a Tour Operators/Travel Agents to overseas agents/Hotels
Pay your fee for participation in the global conference and specialized
training
Remittance for participation in international events/competitions
send money abroad for disbursement of crew wages
Remittance under educational traffic jam arrangement with universities
abroad
Remittance towards fees for examinations held in India and abroad and additional
score sheets for GRE, TOEFL, etc.
pay for your skills/credential assessment fees for migrating
Pay Visa fees abroad
Send the processing fees for registration of documents PRN by Governments
Pay registration/Subscription/Membership fees to International Organizations.
Get hold of some important factors that traditionally affect the foreign exchange
market and its rates.
Inflation Rates: The economic condition of a nation largely affects the exchange
rate of its currency value depending upon the current events and new information.
The lower the inflation rate of a country, the more chances for the currency value
of that country to rise. A country with a constant lower inflation rate leads to
rising currency value, as its purchasing power rises in relation to other
currencies.
GDP Growth Rate: Whether the country is experiencing an economic upturn or downturn
can be evaluated by its GDP rate, which in turn affects the value of the country’s
currency. In addition, economic indexes such as the balance of payments, the export/
import ratio, the level of government debts, and political stabilities, all have an
effect on the Forex market.
Interest Rates: The principal instrument used by the central banks to control the
value of a currency is the interest rates. In general, the higher the interest rate,
the higher the value of a currency.
What are the most essential points to note while doing outward remittance?
Affordability: Consider the charges involved in it and whether it is within your
means.
The total amount of foreign currency is allowable for you to exchange from your home
currency for outward remittance
Do the receivers essential to pay any extra charges for receiving the money?
What are prevalent foreign exchange rates?
Safety and security :
While sending money abroad doesn’t compromise safety or security. Confirm that, you, your receiver, as well as the money that you are sending, are in perfect compliance with the current procedures of the country. Certain dealers may claim low commission or meager processing charges for sending money abroad but that is often risky and not at all reliable. Henceforth it is always worthwhile to get yourself involved in healthy dealing with the most trusted dealers in the foreign market with an authorized license from the Reserve Bank of India.
Reliability:
Get the support of a money transfer service provider who is equipped to handle your enquiries and grievances at any time of your needs. Your service provider is the one whom you can trust or reach for the best deal with the sureness that your money will get there securely on time.
Knowledge and common sense:
Numerous vibrant information about how much money an Indian citizen is allowed to send abroad means for outward remittance and its measures that are related with it, are to be kept in mind before planning for an overseas transfer of funds. Cost or added charges levied by certain agencies for outward remittance from one country to another can also be evaded to a greater extent by achieving adequate information showcased by trusted agencies or authorized service providers.
Above mentioned are the phases to follow in order to complete the process of send money from India to Brazil. If you are planning to remit money, then following the above procedures will make the process much simpler.
Where to contact to send money from India to Brazil?
If you are looking to transfer money from India to Brazil, then 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 customercare@unimoniindia.com. You can also visit any nearby branches of Unimoni in India for having a hassle less money transfer from India to Brazil in line with the FEMA guidelines and RBI guidelines for money transfer abroad at utmost safety.
