International Money Transfer in Easier Ways with Unimoni
International money transfers are essential in today's globalised economy for a wide range of monetary activities, including but not limited to supporting families, paying for education, and investing overseas. There are a lot of choices, so picking the right one is essential.
Unimoni is the reliable and safe solution for all your international money transfer needs from Malappuram. Unimoni provides several transfer methods, affordable rates, and strict adherence to regulations to guarantee your assets' safe and efficient delivery.
How Do You Do Overseas Money Transfers from Malappuram?
- 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.
When Sending Money from Malappuram, Why Use Unimoni?
Unimoni is the best option for International money transfer from Malappuram (MAL) for several reasons:
- Effortless Processing with Minimal Documentation:
Enjoy a stress-free experience with Unimoni's simplified documentation procedure, which minimizes your time and effort. Enjoy effortless processing with minimal paperwork.
- Tailored Solutions for Every Customer:
Whatever your needs as a student, an enterprise, or an individual in search of personal transfers, Unimoni offers individualized solutions to suit your every need.
- Quick and Efficient Transfers at Affordable Prices:
Get the most out of your money with fast and efficient transfers at prices that are hard to top.
- Trusted and Secure Transactions:
Unimoni prioritizes your protection. Your financial information is safe and secure with us because we follow all applicable regulations and use stringent security measures.
Taxes Applicable to Outward Remittances
Knowing which taxes are relevant to money going out is essential to ensure a transparent and lawful transfer process. Here's an overview of taxes Applicable to outward remittance from Malappuram:
- The banking institutions that help with the remittance must collect a 5% Tax Collected at Source (TCS) as part of the Liberalized Remittance Scheme (LRS) on any funds sent abroad that are more than seven lakhs rupees.
- Financial institutions may add markups to outbound remittances' foreign exchange transactions, which can increase the total cost of the transfer.
- The fees associated with sending money abroad could be subject to a goods and services tax in certain nations.
- Both income tax and withholding tax may apply to the remitted funds, depending on the sending country's legislation and the specifics of the transferred funds.
What Sets Unimoni Apart?
Unimoni stands out from the crowd of conventional banks and forex firms for International money transfers and offers the following features:
- Get the most out of your currency conversions with competitive exchange rates higher than the market average.
- Unimoni provides hassle-free transfers in any currency, meeting the needs of a vast spectrum of customers.
- Unimoni is a cost-effective option because of its inexpensive fees for foreign remittances, which the company prioritizes.
- Unimoni's success is based on your complete satisfaction; Unimoni works hard to meet your demands promptly and effectively.
Choose Unimoni
In conclusion, for the safest and easiest international money transfer service from Malappuram, Unimoni is the finest option. Your money will arrive quickly and securely because of our simple process, cheap pricing, and unwavering commitment to regulatory compliance.
Unimoni provides personalized help and confidence when transferring funds abroad, whether for family support, education expenses, or investments. If you send money from Malappuram, you can trust Unimoni to handle your outbound remittances easily, dependably, and efficiently.
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FAQ
The reason for the transfer and the individual's profile determine the RBI limit for outward remittances. If you need a particular limit set, Unimoni is a great resource. This is as per the Liberalised Remittance Scheme.
For quick and easy international money transfers with cheap exchange rates, utilize a bank or a money transfer operator like Unimoni. Contact us for a smooth and successful money transfer.
Residents are exempt from paying taxes on remittances up to 7 lakh rupees each fiscal year through the Liberalized Remittance Scheme.
Using Unimoni's services, you can send money abroad from Malappuram. Contact us for a smooth and successful money transfer.
Due to its dependable and reasonably priced services, Unimoni is a popular option for sending money abroad. We are an AD II category licence holder, authorized by RBI.
Residents can use the Liberalized Remittance Scheme (LRS) to send their children up to USD 250,000 every fiscal year.
Transfer methods, destinations, and regulatory restrictions all affect how long it takes for Unimoni to process an international transfer. Finishing an outward remittance from Malappuram usually takes 1-2 business days.
The necessary identifying documents for remittance purposes include a passport, proof of address, PAN card, voter ID, Aadhaar card, and other details.
Using Unimoni's services, you can send money abroad from Malappuram using your bank account. Just visit your nearest branch with the necessary documents, and our representative will help you through the process.
You may use Unimoni's cheap costs and competitive rates when sending money abroad from Malappuram, India. All you need to do is reach your nearest branch with the necessary documents, and our representative will help you through the process.
