International Money Transfer in Easier Ways with Unimoni

More than half of the world has been running on international money transfers. Hence, it has gradually become an inseparable part of our lives, whether for work or personal reasons. With this being said, transferring money through a secured channel has been the most crucial concern of the senders.

So, are you looking for a secure way of sending money to your loved ones staying abroad? Unimoni has got you covered. This guide tells you the safest way of sending money abroad with the help of Unimoni. Let’s dig in!

How to Do Overseas Money Transfers from Suryapet?

To send money overseas, go through the following steps to have a better understanding of the process:

  • Step 1: Download the Unimoni app or visit the Unimoni website.
  • Step 2: Look for the branch locator and tap on it.
  • Step 3: Mention your area in the space provided, and it will show you all the branches near your area.
  • Step 4: Visit the Unimoni branch during the working hours.
  • Step 5: Before visiting, ensure you have all the documents required to complete an international money transfer. This includes:
    • Your PAN Card
    • Your ID Proof/Your Address Proof
    • Beneficiary’s Name/Beneficiary’s Bank Account Details
    • POR (Purpose of Remittance) Statement
  • Step 6: Talk to a Unimoni employee inside the branch.
  • Step 7: Submit the money to be transferred along with the processing charges.

Your money will get transferred as soon as possible, depending on the currency and availability of the country you send money to.

Why is Unimoni the Best Option for Sending Money Abroad from Suryapet?

Unimoni is widely known to be the best option for sending money abroad because of the following reasons:

  • Reasonable Rates: Compared to mid-market rates, Unimoni offers the best exchange rates and charges low flat fees so everyone can afford our services. Apart from this, we also avoid hidden markups.
  • Trusted Financial Service Provider: Owing to transparency, Unimoni is one of the most trusted financial service providers. Our customers can trust us entirely regarding international money transfers.
  • Regional Language Support: With 180 offices worldwide, Unimoni has offices in almost every country. Hence, customers can get local language support when they apply for international money transfers.

What Are the RBI Regulations for Outward Remittances from Suryapet?

There are two primary schemes that are implemented by the RBI to regulate outward remittances. The sole purpose of these regulations is to ensure legal and transparent remittances and preserve the country's foreign exchange reserves. The schemes are:

  • Liberalized Remittance Scheme (LRS)

    According to this scheme, an individual can remit up to USD 250,000 per financial year (from April to March). This applies to capital account transactions or permissible current or an amalgamation of both. It was introduced on 4 February 2004 and excludes corporations, partnership firms, trusts, etc.

  • The Foreign Exchange Management Act (FEMA)

    This scheme allows the residents of India to remit money overseas under the following criteria:

    • Tour Remittance
    • Living expenses of students who are studying abroad
    • Emigration
    • Medical treatment abroad
    • Business travel abroad
    • Private visit abroad
    • Overseas education
    • Maintenance of close relatives
    • Gift remittance
    • Participation in global conferences or training

Apart from these, RBI also lays down the modes of outward remittances, such as demand draft, wire transfer, cheque, etc. Even though banks are the cheapest mode of international money transfer, you may also turn to certain forex services such as Unimoni, known for its secure and reliable money transfer services.

How Does Unimoni Differ from Other Banks and NFBCs?

Go through the following section to know the differences between Unimoni and other banks:

  • Minimum Processing Charges: Compared to other agencies, Unimoni charges the minimum fees to send money abroad. This makes Unimoni's services affordable to every individual.
  • Direct Credit: Unimoni directly credits the transferred money to the recipient’s account, and no third party is involved. Hence, there are no chances of money laundering if you have given the proper details.
  • Swift Money Transfers: Unimoni is widely known for its swift services. The usual time for processing is 12 to 48 hours, which may vary depending on the recipient country’s currency and availability.
  • Simple Processing: Contrary to bank formalities, Unimoni has effortless processing and accessible documentation that any individual can understand. This helps us to keep our services transparent.
  • Secured Money Transfers: Unimoni is a government-recognized financial service provider. Therefore, we transfer your money through a secured channel and credit it to the recipient’s bank account

Contact Us

Hence, Unimoni is a one-stop solution for all your problems regarding international money transfers. However, you can contact us if you still have queries about the transfer process.

Branch Locator

    FAQ

    Unimoni takes around two business days to transfer your money to the recipient. However, this process entirely depends on the currency and availability of the recipient country.

    You can send money abroad from Suryapet with the help of banks and other forex services such as Unimoni, widely known for its swift services and transparent process.

    Per the regulations, every individual can send USD 250,000 per financial year.

    With the help of services provided by Unimoni, you can quickly pay your loved ones internationally through easy processing and simple documentation.

    Keeping the customer’s point of view in mind, the Unimoni Travel Card is very beneficial and promotes cost-effectiveness.

    A person can send as much as Rs. 7 lakhs internationally without incurring taxes. Unimoni abides by all the laws and provides hassle-free services to its customers.

    Unimoni employees thoroughly check the documents and details of the sender and recipient and go through the international money transfer process as per the sender’s request.

    The customer reviews state that Unimoni is considered to be the best company for swift and international money transfers.

    Even though banks are the cheapest way to transfer international money from Suryapet, it can take up to 4-5 business days. However, Unimoni can provide the same service but with better speed and security.

    The documents required for an international money transfer are:
    Residential proof of the sender
    Details of the recipient’s bank
    Other eligible documents are Aadhaar Cards, PAN Cards, etc.

    Unimoni Financial Services Ltd,
    H No : 1-2-270/14
    Mahatma Gandhi Road
    suryapet,
    Suryapet -508213
    1800 102 0555 (24/7)
    75940 02966
    +91 9946086666

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