International Money Transfer in Easier Ways with Unimoni
In the twenty-first century, you may see contemporary inventions and breakthroughs worldwide. Technology's progress has produced numerous masterpieces. Global borders are closing, fintech is growing, and trade and foreign exchange hurdles are being quickly removed.
A significant drawback is frequently overlooked in the current environment, where foreign money transfers have increased dramatically. While transferring money overseas, a person considers several things, including safety, cost, and fraud.
Do the reasons mentioned earlier also make you hesitant to send money abroad? Don't worry! One of the simplest, fastest, and safest platforms for money transfers is Unimoni. With the help of the Unimoni money transfer service, you can send money from Nagapattinam to any location globally without any problems.
How Do You Send Money Abroad from Nagapattinam via Unimoni?
There are several methods available from Nagapattinam for sending money abroad. View the quickest and easiest transfer procedure.
- 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
Multiple Objectives of Outward Remittances From Nagapattinam
You may use our money transfer service from Nagapattinam for various purposes. Our clients rely on us for various needs, including gift-giving, paying for college, receiving medical care, etc. Below is a list of different reasons for transferring money overseas:
- Medical Care- When our clients need to send money overseas for emergency or medical services, Unimoni offers assistance. We provide a SWIFT money transfer service from Nagapattinam to another nation to pay the hospital or medical fees. Our immediate money transfer service helps foreign healthcare facilities and carers provide their services more quickly.
- For Educational Objectives- Many parents might consider moving their kids overseas for better educational or career opportunities. They are then faced with future costs and internet money transfers. Nonetheless, you can transfer money abroad for educational purposes using Unimoni.
You won't have to worry about how you will pay for your kids' living expenses, tuition, and housing each year. You ought to be aware of the RBI's annual maximum transaction restriction. The Reserve Bank of India states you can transmit up to $2,50,000 (Rs 2 crore) overseas annually. If your transactions exceed this limit, you must get an additional limit from RBI via their website.
- Gifts- Do you want to transfer money to friends or family who are overseas? You may send any money anytime with our overseas money transfer service. Remember that you can give money as a gift to a specific resident and not to a business or organization.
Why Choose Unimoni Money Transfer Service From Nagapattinam?
RBI authorizes Unimoni, and we hold an AD II License as well. However, there are many other things that set us apart:
- Increased Transaction Speed: The money transfer process with Unimoni is relatively easy. Less time is spent on the transaction as a result of its simplicity. Decreasing paperwork and time-consuming document distribution saves both money and time.
- Safety: You can rely on Unimoni to provide its clients with excellent safety. We ensured our interface would guard against any possible data loss or security breach.We are more trustworthy and safe because of our partnerships with different agencies. You have other reasons to select your money transfer partner, such as frequent audits, necessary data security measures, and other restrictions.
- Cost-Effectiveness: We can give you the best rate for money transfers because we have a solid system to integrate current market exchange rates. Use our currency converter to view any nation's most recent market exchange rates in real time.
- Best Exchange Rates: If the foreign currency rate you are charged on an international money transfer from Nagapattinam is high, it might be expensive. You must compile data from many sources to get the optimal currency conversion rate for sending money overseas. But you don't have to worry about currency rates when you use Unimoni. Our currency converter provides accurate and up-to-date market variations in foreign exchange rates.
Contact Us
To obtain the most excellent money transfer services, you must thoroughly investigate the many outward remittances from Nagapattinam. However, Unimoni protects you against several hazards related to the money transfer procedure. Contact us for assistance with our services, including international money transfers.
Branch Locator
FAQ
To send money, go to the Unimoni branch closest to you. Use our branch locator to find your nearest branch. Bring the valid documents such as identification evidence, proof of address, bank account information, POR statement, and PAN card. Input the outward remittance amount, the country, and the currency. Make the necessary payment, including both the transaction and service fees.
Several banks and forex organizations offer online money transfer services at high-interest rates. One of the least expensive methods of sending money abroad from Nagapattinam is with Unimoni. Contact unimoni for a smooth and successful money transfer.
To streamline the transaction process, Unimoni provides many payment choices. These payment options include cash, credit card, debit card, internet banking, and UPI.
There is no transaction limit per transaction. The Reserve Bank of India (RBI) has set a maximum limit of USD 250,000 (around INR 2.04 crore) per person per financial year for outward remittances under the Liberalised Remittance Scheme (LRS). This limit applies to education, personal and business purposes.
Up to Rs 7 lakhs, you can send money internationally tax-free. Over this limit, the competent authorities levy a 5% tax. For outward remittances meant for educational purposes under LRS, no TCS applies up to Rs. 7 lakh per financial year. However, if the funds come from an education loan sanctioned by an approved Indian financial institution, a concessional TCS of 0.5% applies to the amount exceeding Rs. 7 lakh. On the other hand, if the funds are not coming from an education loan, a TCS of 5% applies to the amount exceeding Rs. 7 lakh.
Once all the necessary information has been sent and the requisite amount has been paid, Unimoni will perform KYC verification to confirm the legitimacy of the transaction and the sender. Completing KYC verification and crediting the recipient's bank account typically takes between 12 and 48 hours.
Our money transfer service from Nagapattinam may be used for various objectives. You can transfer money overseas for emigration, business, gifts, family upkeep (education, healthcare, etc.), and other reasons.
Yes, you may use a debit card to send money abroad. By enabling UPI, cash payments, bank mode, credit card payments, and other payment methods, Unimoni provides versatility in terms of payment methods.
A PAN card, bank account information, a legitimate form of identification (such as an Aadhar card, passport, or driver's license), and a POR statement are required for sending money abroad from Nagapattinam.
A few benefits that Unimoni provides include security, a seamless transaction procedure, precise currency conversion rates, affordability, and transparent services. Unimoni gives you the best!
