International Money Transfer in Easier Ways with Unimoni
With increasing globalization, Karaikal has developed into a vital hub for outward remittance from India over the last decade.
As more Karaikal residents settle internationally for jobs and education, outward remittance needs to fund families remaining in the hometown continue rising steeply even after COVID-19. For Karaikal residents, making international transfers individually, complex banking processes pose myriad challenges.
This is where Unimoni with its 30+ year leadership in simplifying overseas remittances steps in. Our competitive Karaikal branch offers state-of-the-art infrastructure, best-in-class service, and complete assistance - making cross-border transfers faster, cheaper, and more reliable for you.
Convenient Process for International Money Transfer from Karaikal
- 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.
This simplified outward remittance process ensures smooth transfers for Karaikal residents.
Why Choose Unimoni Karaikal for Outward Remittance?
- Competitive Forex Rates
Over 25 years of forex expertise allows Unimoni to provide very attractive exchange rates - much better than banks. This saves you costs.
- Swift Transfer Processing
Thanks to our infrastructure, most international payments are completed within 1-2 working days for quick receipt of overseas funds.
- Dedicated Customer Support
Our customer care executives provide end-to-end assistance on any questions regarding international payments, forex services, and transfers.
- Full Regulatory Compliance
As a trusted forex company, Unimoni handles all paperwork and compliance with RBI regulations for overseas transfers on your behalf.
Understanding Charges on International Transfers
Remitting money overseas attracts some charges and taxes that customers need to be aware of:
- Forex Fees: Currency conversion charges are applicable based on the money transfer amount when converting INR to foreign currency. Unimoni offers competitive forex rates to keep conversion costs low.
- Domestic Taxes: 18% GST as per Indian regulations needs to be paid on all transaction processing fees. For annual remittances above ₹7 lakhs, income tax may also apply.
- Overseas Deductions: The recipient account in certain countries may have taxes deducted as per local regulations applicable in their jurisdiction. This can vary across different countries.
Unimoni experts assist in explaining this construct upfront during money transfer so that customers have complete clarity on the breakup without any hidden charges. All costs are communicated transparently. We also ensure completing accurate documentation so that agreed rates and quotes are locked in with each transfer request. This provides reliability along with affordability when you send money abroad.
Safety and Security
Unimoni employs best-in-class security protocols across all digital and physical channels and touchpoints to ensure customer information and transactional data are fully protected as per global standards of encryption and cybersecurity.
Two-factor authentication on online logins combined with secure banking channel partnerships guarantee fully safeguarded international payment processing - giving you complete peace of mind.
Conclusion
As the market leader in outward remittances from India, Unimoni has the experience, scale, and customer focus required to handle all your international money transfer needs seamlessly.
With customized forex products, state-of-the-art infrastructure, world-class security, and dedicated customer assistance, depend on us for affordable, swift, and convenient cross-border payments.
Contact our Karaikal branch or customer care teams today to benefit from exclusive overseas remittance solutions!
Branch Locator
FAQ
Unimoni offers multiple transfer modes - online via website/app, phone banking, branch visits, or SMS.
With Unimoni's fast global network, international transfers from Karaikal typically reach recipients abroad within just 1-2 working days. Rapid worldwide delivery.
Yes, we handle all regulatory paperwork for international transfers on your behalf.
You can easily check the status by logging into your Unimoni account online or via SMS updates.
As per RBI guidelines, the limit is USD 250,000 per person annually under the Liberalized Remittance Scheme.
For customer care, call us at 1800 102 0555, email customercare@unimoniindia.com, or contact us at +91 9946086666.
Yes, one of the major transfer needs from Karaikal is to pay overseas education fees as an increasing number of students pursue studies abroad each year. Our customized student forex products assist in meeting all tuition and living costs.
You can get highly competitive rates tailored specifically for your corridors by contacting Unimoni’s expert forex dealers directly and discussing your requirements in detail. We provide personalized services to ensure ideal pricing.
Our team of forex experts provides customized services to cater to your specific needs, services, and solutions.
Not with Unimoni! Just basic ID and account proof. We handle all the complex paperwork for you.
