International Money Transfer in Easier Ways with Unimoni
For family members living abroad, international money transfers have been an inseparable part of our lives. Therefore, figuring out a safe and secure way to send money abroad is imperative. In today’s world, there are a lot of other methods to send money internationally apart from bank transfers.
Do you also want to make an international money transfer but are confused about how to do it? Look no further! This article discusses how Unimoni can help you send money abroad with specific, straightforward steps. Unimoni is a Forex service that offers financial services to its customers.
How Do You Do Overseas Money Transfers from Nizamabad?
Overseas money transfers from Nizamabad can be done by following the steps listed below:
- Step 1: Look for the branch locator in the Unimoni app or website. With the help of it, look for the nearest Unimoni branches in Nizamabad.
- Step 2: Visit your nearest Unimoni branch.
- Step 3: Gather all the necessary documents, such as an Aadhaar Card, PAN Card, driving license, and passport, that contain your ID and residential proof.
- Step 4: Reach out to a Unimoni staff member and submit all the essential documents along with the beneficiary’s details, such as the person’s name, address, and bank account information. You also need to share the purpose of sending money, known as the POR statement.
- Step 5: Talk about the amount of money to be transferred and learn the currency exchange rates.
- Step 6: Submit the transaction fees.
Why is Unimoni the Best Option for Sending Money Abroad from Nizamabad?
The following reasons make Unimoni one of the best financial service providers for international money transfers:
- Personalized Service: Regardless of the profession and economic background of the recipient, Unimoni provides customized service to each of its customers. With the help of Unimoni service, you can easily send money internationally very quickly.
- Swift Money Transfer: Quick money transfer is one of Unimoni's most crucial characteristics. Completing your formalities takes only 15 to 20 minutes at the Unimoni branch, and the transaction takes about 2 business days.
- Local Language Support: With offices in almost every country, Unimoni can offer services in several languages. Hence, you can approach them in your local language whenever you feel stuck or face problems throughout the money transfer process.
- Trusted and Secured Service Provider: Considering its openness and secured money transfer process, Unimoni is widely known as a secured and trusted financial service provider. The efficiency of the company is seen from the customer reviews.
- Fair Rates: Unimoni works for the customer's benefit and avoids hidden markups. We charge a low flat fee and offer the best exchange rates compared to mid-market rates.
Things to Consider Before Transferring Money Internationally from Nizamabad
The process through which one individual sends money from their home country to another country is known as outward remittance. Everyone can avail of this service, such as businessmen, students, or workers. Outward remittances are used for various purposes, such as family members’ support, bills, medical support, etc.
The following section will help you to understand the process of outward remittance from Nizamabad:
- Establish and Maintain Compliance: Check the RBI (Reserve Bank of India) guidelines for outward remittance and ensure that the authority accepts your purpose of outward remittance.
- Know the Maximum Limit: The maximum amount you can send annually overseas for any purpose is 2,50,000 USD. However, you must limit your amount to Rs. 7 lakhs per annum if you want to avoid tax implications.
- Gather the Documents and Data: Unimoni or any other money transfer service provider requires all the critical documents concerning the international money transfer, such as name, address, bank account details, purpose, etc.
What Are the Differences Between Unimoni and Other Banks & NFBCs?
The following section introduces you to certain exclusive services that separate Unimoni from other banks and NFBCs:
- Worldwide Support: Unimoni has offices in as many as 180 countries, facilitating sending money in the blink of an eye. Also, we boast over 15000 agents and 307 branches all over India, ensuring easy accessibility.
- Educational Loans: Unimoni does not require collateral if you are applying for an educational loan up to the limit of Rs. 4 Lakhs. Every expense, such as tuition fees, travel costs, and books, is covered by the educational loan.
- Multi-Currency Card: The Multi-Currency Card card by Unimoni keeps your foreign exchange safe and secure as you enjoy your foreign trips. Apart from this, another advantage of this card is its optimum flexibility.
Contact Us
Unimoni has made international money transfers a cakewalk, and customers from every part of India can avail of our services irrespective of their location. However, if you get stuck somewhere, feel free to contact us.
Branch Locator
FAQ
Unimoni usually takes 2 business days to complete overseas money transfers. However, it entirely depends on the currency and availability of the recipient country.
You can visit the nearest Unimoni’s branch with the required documents, like PAN card, Aadhar, POR, and a Unimoni representative will help you with the sending money abroad process.
Yes, you can transfer money internationally from Nizamabad with the help of Unimoni, which takes the minimum amount of time to process your transfer.
As per the new set of laws, a person can send up to $2,50,000 (approx. Rs 2,07,38,600) abroad from Nizamabad. Unimoni considers all the rules and safely transfers your money to the recipient.
The sender should have the following documents and details to make an international money transfer from Nizamabad:
Recipient's bank account details
POR statement
Sender’s residential proof, such as Aadhaar Card
Sender’s PAN Card
Sender’s valid ID proof
Up to Rs. 7 lakhs can be sent abroad from Nizamabad without incurring taxes. Unimoni keeps the rules in mind and offers its customers the best exchange rate possible.
Although sending money via bank is cheaper, processing the funds takes 5-7 business days. On the other hand, Unimoni has competitive rates and takes just two business days to process the funds.
Regarding customer reviews, Unimoni stands out as the best company providing financial services worldwide as it is authorized by the Reserve Bank of India and has AD II License.
Unimoni reviews all the sender and recipient documents and processes the sender's request for an international money transfer. Apart from this, Unimoni is also known for other financial services.
The Unimoni Travel Card is quite beneficial for the customers, offering competitive exchange rates and promoting cost-effectiveness as it is a convenient and a secure way to carry foreign currency while traveling abroad. With the Unimoni Travel card, you can also facilitate international money transfer - just load your card with Indian currency and then make online international payments with your card.
