International money transfer from Navi Mumbai

Navi Mumbai is a city with loads of people who are in search of a higher standards of living and better education. In order to achieve this, most of them travel to countries across the globe and sometimes few of them settles in abroad countries. This has necessitated the need for international money transfer from Navi Mumbai. As a result, too many service hubs were emerged across the city to help those who looking to send money abroad from Navi Mumbai. However, among these service providers there are both the authentic and fake money changers. So real task of a remitter here is to approach the right one to make international money transfer from Navi Mumbai. So, here in this article, all you need to know about a safer and hassle-free transaction from Navi Mumbai is elucidated. Now remit money without the fear of fraudulent traps and other related troubles.

Who are the authentic service provides to make international money transfer from Navi Mumbai?

• AD I banks
• Other dealers having either AD II or FFMC license from the apex monetary institute if India- RBI.

Which are the popular ways of international money transfer from Navi Mumbai?

There are two main broadly preferred modes to send money abroad from Navi Mumbai, they are as below;

FCDD – FOREIGN CURRENCY DEMAND DRAFT

• It is the modest method for international money transfer from Navi Mumbai.
• It is actually a paper instrument in the form of a demand draft that can be succumbed to foreign banks and get the credit through the clearing process.
• This method is also highly preferred by the people in Navi Mumbai to send money abroad securely.

TT (TELEGRAPHIC TRANSFER) – SWIFT TRANSFER

• It is an electronic process of sending money abroad, which is to be credited to the beneficiary’s account.
• It is safer and easier mode for remitting money abroad.