International Money Transfer in Easier Ways with Unimoni
With the increasing population migrating outside the country for educational and business opportunities, the demand for reliable money transfer services is increasing. To ensure seamless international money transfer from Mananthavady, you should opt for a trusted institution like Unimoni.
Unimoni is an RBI Authorized Dealer and AD II licence holder that has an extensive network all over India. With many years of experience, Unimoni can quickly deal with money transfers, payments, forex, and credit solutions to facilitate overseas transfers at the best currency exchange rates and low transfer fees.
How to Initiate an Overseas Money Transfer from Mananthavady?
There are many ways to send money abroad, and one of the most reliable ways to quickly transfer money is through Unimoni. Let's discuss how to send money abroad from Mananthavady with Unimoni:
- Step 1: Go to the Nearest Unimoni Branch
Unimoni has a vast network with around 300+ branches and 15000+ agency locations across India. This makes this international money transfer platform highly accessible. Use the branch locator to locate the earnest Unimoni branch. Mention the state name; you can see all the nearest Unimoni branches.
- Step 2: Submit Necessary Documents
Make sure to submit the necessary documents for an Outward remittance from Mananthavady. The documents include:
- POR or Purpose of Remittance statement
- Bank account details
- PAN card
- ID proof (passport, Aadhaar card, etc.)
- Step 3: Select Desired Currency and Denominations
Choose the preferred currency and denominations that you want to transfer money to.
- Step 4: Provide the Transaction Details
Next, you have to enter the purpose of remittance, mentioning the remitter and beneficiary details like name, address, proof of residence, etc.
- Step 5: Clear Payment of the Transaction Fees
Then, Unimoni will do a KYC check and complete the transaction at the locked exchange rate, and the beneficiary will receive the fund within two business days.
Why is Unimoni the Best Option for Sending Money Abroad from Mananthavady?
Here are some of the compelling features that make Unimoni stand out:
- Simplified Transaction Process- Seamless processing of the money with simple documentation. At Unimo, we understand the need for timely overseas remittances. Hence, we keep the transaction process simple.
You must visit the nearest Unimoni branch, submit the necessary documents, pay the transaction fees, and undergo the KYC process to complete the outward remittances. - Competitive Exchange Rates- At Unimoni, you are offered a competitive currency exchange rate to help you get the best value for your money. Use the currency converter to convert the value of one currency into another in an instant. The converter supports almost all the major currencies. All the rares are updated in real-time. Hence, you can be sure of accurate and safe transactions.
- Dedicated anti-fraud Team- Unimoni ensures 100% safe transactions. Our dedicated anti-fraud team keeps your account secured from fraudulent activities. We are even committed to safeguarding your personal and financial data. Furthermore, we use two-factor authentication to protect your transactions.
What are the Reasons for Sending Funds from Mananthavady?
Here are some of the common reasons why individuals make outward remittances:
- Family Maintenance: Family maintenance is one of the top reasons people transfer money overseas. The remittances can be done for the maintenance of the house, payment of the student loan, covering living expenses, etc.
You have to ensure that you are giving the receiver's details properly. Additionally, make sure to keep all transaction receipts for future reference. - Overseas Education: Outward Remittances for education are a common reason most individuals transfer money overseas. The transfer is meant for funding university fee payments, tuition fees abroad, etc. Students pursuing their education are also offered personalized service.
- Gift Remittances: Through Unimoni, you can make gift remittances and send money to your loved ones. However, residents can make gift remittances only under the Liberalized Remittance Scheme. It is important to note that as gifts are personal, you must avoid giving to the corporate.
- Emigration remittances: Emigration is very common these days. The entire emigration process involves a lot of procedures, documentation, and payments. With platforms like Unimoni, you can be at ease. We ensure secure and fast remittances.
Unimoni ensures hassle-free emigration remittances, keeping all the regulatory aspects in focus. The transfer fees you must pay are set as per the AD II License.
Contact Us
Unimoni has emerged as the most trusted and secure money transfer service provider. It ensures prompt international transfers at low fees and unbeatable currency exchange rates. Besides, you can ensure secure, simplified, and transparent transactions. For swift transactions or any queries, Contact us!
Branch Locator
FAQ
You can call the Unimoni customer care team on the toll-free number 1800 102 0555. You can mail us at customercare@unimoniindia.com. You can also use our WhatsApp number, (+91) 9946086666.
You can easily keep track of your international money transaction using the tracking or reference number mentioned on the receipt. At Unimoni, you can contact us anytime to get an update regarding your money transfer or any other queries.
Delays in international transactions can occur due to technical glitches, bank holidays or weekends, discrepancies in recipient information, insufficient funds, suspected fraud, etc.
The major documents required to make outward remittances for family maintenance are the remitter's Aadhar/PAN card, Form A2, and any OVD that mentions the remitter's address.
Unimoni Forex travel cards can be loaded with both single and multiple currencies. With this card, you can get competitive exchange rates, ensuring cost-effectiveness for International Money Transactions. You can also enjoy locked-in exchange rates. Besides, it allows you to shop unlimited and is globally accepted.
Under the Liberalized Remittance Scheme (LRS), Indian citizens can make up to $250,000 (Rs 20738600) in overseas remittances per financial year. In the case of emigration, remittances above $250,000 are allowed only if an individual has to meet incidental expenses in the country of immigration.
As per the Liberalized Remittance Scheme (LRS), overseas remittances made over ₹7 lakhs will attract a TCS (Tax Collected at Source) of 5%. If it is made for education abroad, TCS on overseas remittances is kept at 0.5%.
Documents that are needed for emigration remittances at Unimoni are a PAN card, POR, bank details, and proof of ID (Aadhar/Voter ID/Driving Licence).
In case you need to cancel or modify the international money transfer process, you must do it as soon as possible after initiating the process. At Unimoni, we will try our best to assist you immediately in such situations.
Varied parameters, like political events, global economic conditions, etc., influence the currency exchange rates. Hence, currency converters cannot be used to predict future exchange rates. However, you can estimate the exchange rates using the Unimoni currency converter.
