International Money Transfer in Easier Ways with Unimoni
International money transfers have become more prevalent in today's globalized world, whether for educational purposes, job progress, or to support loved ones abroad. Fortunately, technological improvements have streamlined this previously tricky process, making it more convenient and accessible. If you live in Tirur and want to send money internationally, Unimoni is your reliable partner. Read on to learn how to send money from Tirur fast and securely with us.
How Do You Send Money from Tirur?
Sending money overseas from Tirur with Unimoni is a simple operation that guarantees a smooth and efficient transfer experience. To do an international money transfer, follow the following steps:
- Step 1: Go to the Nearest Unimoni Branch
Unimoni has an extensive network all over India. We extend service across 300+ branches and 15000+ agent locations. To find the nearest Unimoni branch, use the branch locator. You just have to enter the state name, and you will get the nearest branch.
- Step 2: Submit the Necessary Documents
You must keep all the relevant documents to initiate a seamless international money transfer.
- PAN Card
- ID Proof (Aadhaar Card/Passport/Driver's license)
- Bank details of the beneficiary
- Step 3: Pay the amount and the transaction fee During your first international money transfer, Unimoni need to verify your KYC details. KYC is a mandatory regulation that helps prevent fraud and money laundering. Unimoni makes the KYC process straightforward. After the transaction fees are received, the recipient will get the amount within 2 working days.
How Does Unimoni Provide the Best Services for International Money Transfers from Tirur?
Unimoni is an industry leader in international money transfers from Tirur, and its services are second to none regarding dependability, efficiency, and client happiness. Unimoni is the go-to option for international money transfers from Tirur because of its exchange rates and hassle-free transaction processes, which it uses to cater to its customers' varied demands. What makes Unimoni's services second to none?
Discover why Unimoni is the top choice for sending money abroad from Tirur:
- Quick transfer of funds:
Benefit from swift fund transfers after KYC verification, with funds reaching the beneficiary within two working days.
- Easy and Hassle-Free Process:
Simply visit the nearest Unimoni branch and submit the relevant documents; the experts from Unimoni will handle the rest.
- Competitive Exchange Rates:
Take advantage of Unimoni's competitive foreign exchange rates to minimize the impact of currency changes and get the best value for your transactions.
What are the Applicable Taxes on Outward Remittances from Tirur?
Understanding and complying with tax obligations will facilitate a seamless and transparent international money transfer transaction from Tirur to Unimoni. Here's a breakdown of the applicable taxes you should know about:
- Goods and Service Tax (GST):
You will be charged 18% GST on transaction charges and foreign currency margins when you initiate an international money transfer. This tax assures conformity with tax regulations and adds to the country's revenue.
- FATCA/CRS Compliance:
Unimoni stresses compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) rules. As part of our commitment to transparency, we deduct any appropriate tax Deduction at source TDS and submit it to the income tax authority to ensure accountability and regulatory compliance.
- TCS:
Transactions that surpass Rs. 7 lakh in a fiscal year are subject to a 5% Tax Collection at Source (TCS). This tax-collecting technique tracks high-value transactions, prevents tax evasion, and ensures compliance with tax laws and regulations.
Conclusion
In conclusion, Unimoni emerges as the unsurpassed choice for international money transfers from Tirur, providing a smooth and quick process that prioritizes client pleasure and compliance. With its vast network, cheap exchange rates, and varied payment alternatives, Unimoni ensures that your cash gets to its destination quickly and securely.
By choosing Unimoni over traditional banks and forex businesses, you can benefit from lower fees, streamlined procedures, and unsurpassed ease. Trust Unimoni for your international money transfer needs and have peace of mind knowing that your transactions will be handled with the utmost care and professionalism.
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FAQ
Unimoni is the most straightforward and convenient way to send money abroad from Tirur. Unimoni offers affordable rates and low transfer fees, ensuring a hassle-free customer experience. Contact Unimoni for a smooth and successful money transfer.
Yes, Tirur residents can effortlessly conduct international money transfers with Unimoni's assistance, and they will receive prompt and dependable service. Contact Unimoni for a smooth and successful money transfer.
To send money from Tirur, gather necessary documents such as proof of identity, PAN card, beneficiary bank details, and proof of domicile to ensure a seamless transfer process.
The RBI's Liberalized Remittance Scheme facilitates easy cross-border payments for various reasons, allowing individuals to send up to $250,000 annually. This is as per the Liberalised Remittance Scheme.
The simplest method for Indian parents to help their children in America financially is through the Liberalized Remittance Scheme, which permits transfers of up to $250,000 each year.
Even though bank transfers are believed to be usually cheap, Unimoni offers competitive rates and acceptable costs, so it's a good option for international online money transfers.
Transferring funds internationally via a bank account is possible, but you may incur far higher fees than with specialized providers like Unimoni.
With the Liberalized Remittance Scheme, individuals can send up to 7,00,000 rupees overseas tax-free, making international transactions more accessible and flexible.
Unimoni is the best option for sending money abroad because of its streamlined processes, lightning-fast transfers from Tirur, and affordable prices, all of which contribute to happy and stress-free customers. You can rely on Unimoni as we have an AD II category license, authorized by RBI
