International Money Transfer in Easier Ways with Unimoni
Today, most individuals move abroad to pursue higher degrees, better employment opportunities, or a higher quality of life. However, making a money transfer to them can be pretty hectic, given the heavy paperwork, hidden charges, and lengthy processing period.
Need to send money abroad from Metpally? Leave it to Unimoni. We are India's leading international payments platform, providing fast, easy, and secure overseas fund transfers. Check out the best reasons for international money transfers, steps to send money abroad, and more below.
Best Reasons to Transfer Money from Metpally
Now, there can be several reasons why you may need to transfer money internationally. Some of the most common ones are listed below:
- Emigration
Emigrating to foreign countries for better career prospects is quite common these days. However, some severe expenses are involved in getting permanent citizenship.
They may include visa fees for migration, permanent residency fees, and other deposits necessary for clearing the PR Visa.
Unimoni enables you to make seamless one-time and recurring emigration remittances to your family living anywhere in the world.
Limit: Maximum of $250,000 per financial year as per RBI’s LRS. Transfers above this limit are only permitted in case of incidental costs.
- Family Maintenance
Have family members living abroad?
With Unimoni, you can send funds promptly across various currencies to cater to their every financial need.
Some of the expenses in this regard include:
- Home maintenance costs when you are away
- Student expenses while they are abroad
- Student loan EMI payments
Limit: Up to $250,000 within a financial year.
- Gift Purposes
Are your international friends celebrating a special event?
Show them your love by sending monetary gifts. Unimoni allows you to send funds to any part of the world in the least possible time. Also, you can add a personal message while initiating the international money transfer!
Limit: Maximum of $250,000 within a financial year under RBI’s LRS scheme.
- Overseas Education
Have any loved ones studying abroad?
Unimoni ensures that their education goes on unhindered by enabling you to send money abroad to cover expenses like semester fees, accommodation costs, exam costs, etc.
Please remember to submit the university's offer letter, KYC documents, and PAN card to initiate the transfer.
Moreover, as per RBI, such transactions can only be conducted by service providers having an Authorized Dealer II license.
Limit: Up to $250,000 within a financial year (in single or recurring transactions).
How to Send Money Abroad from Metpally?
Follow the steps mentioned below to make an international money transfer from Metpally via Unimoni:
- Step 1: Find Your Nearest Unimoni Branch
Open our app or website and find the branch locator. Choose your state, and you can find the branches nearest to your location. Unimoni has 307 branches in 15,000 agency locations across India.
- Step 2: Keep the Necessary Documents Organized
To make an outward remittance, keep handy the following documents:
- PAN card
- ID proof (Aadhaar card, Driving Licence, Passport, etc.)
- POR statement
- Bank account details (both yours and the recipient’s)
- Step 3: Choose Your Currency
Select the currency in which you wish to initiate the transfer. Unimoni provides international fund transfers across various currencies like USD, GBP, THB, CAD, JPY, etc.
- Step 4: Provide the Transfer Details
Provide all the transfer details like the beneficiary’s name, address, bank account details, etc.
- Step 5: Complete Payment
Why Choose Unimoni for Sending Money Abroad from Metpally?
Here are a few reasons why Unimoni is the best platform for overseas money transfers
- Simple and Easy Transfer Process
Come down to our nearest branch, submit your documents, choose the currency, provide the transaction details, and pay for your transfer. Unimoni is a AD II category holder licenced by none other than the RBI. We will take care of the rest.
- Competitive Exchange Rates
Our access to numerous currency markets allows us to provide better exchange rates in comparison to banks and other forex companies. Moreover, they absorb international currency rate fluctuations and also include overseas transfer fees.
Open the online currency converter on our website or app to check out the latest rates for your preferred currency.
- Rapid Fund Transfers
After we initiate the fund transfer from our end, the money is credited to the receiver’s account within 2 business days.
Get in Touch with Us
So, if you are searching for a money transfer service from Metpally, Unimoni is all you need. Our rapid fund disbursals will allow you to meet even the strictest deadlines. Our low transfer fees enable cost-effective outward remittances whenever required.
Want to know what else we offer?
Contact us today for more information.
Branch Locator
FAQ
If your parents are Indian residents, they can make a maximum transfer of $250,000 (INR 2 Crores) per financial year. However, if they are NRE account holders, there is no upper threshold.
You can easily send money from Metpally to any part of the world using international fund transfer platforms like Unimoni.
Under RBI’s Liberalized Remittance Scheme (LRS), you can send up to ₹7 lakh within a financial year without paying tax.
Unimoni's competitive foreign exchange rates and lower transfer fees allow you to make outward remittances whenever needed. This makes it the cheapest way to send funds abroad from Metpally.
You can make an outward remittance from your bank account via SWIFT/ Wire transfer. However, the process might take up to 3 to 5 business days. Instead, contact Unimoni for a smooth and successful money transfer.
Unimoni is one of the best platforms to send money abroad. It provides lower transfer fees, better exchange rates, and transfers funds within 2 business days.
You can send money abroad via service providers like digital payment platforms, banks, money transfer services, money exchangers, and post offices. For even faster international money transfer, opt for forex services such as Unimoni.
You need to submit your ID proof, PAN card, beneficiary's bank details, and POR statement in order to send money abroad from Metpally.
The Reserve Bank has set a maximum limit of $250,000 per financial year for outward remittances under its LRS scheme.
While bank transfers are the cheapest way to make international transfers, they usually take around 3 to 5 business days. Unimoni credits funds to the recipient's account within 2 business days, which is the fastest and cheapest way to send money abroad.
