Kuwait has a legacy of rich tradition and heritage that one could gain much information. Their
focus is on business coursework and skills that are related to specific trades. A wide range of
educational experiences in store for the ones aspiring to study in Kuwait with a rich cultural
backdrop showcasing the knowledge of the eastern world, giving enough exposure to a different
lifestyle. Also, Kuwait is one of the cities which is inhabited by loads of Indian citizens who
moved out of India in pursuit of jobs, medication, etc. Want to send money from India to Kuwait?
Then here is the best way you can do a money transfer from India to Kuwait. Kuwait is one of the
cities which is inhabited with loads of Indian citizens who moved out of India in pursuit of a
job, medication, etc. Hence, money transfer from India to Kuwait is an unavoidable process
today.
What are the major purposes behind money transfer from India to Kuwait?
People primarily send money from India to Kuwait for the purpose of education fee payments
to universities or colleges in Kuwait
To meet the living expenditures of Indian students in Kuwait is the other purpose of money
transfer from India to Kuwait
Fund transfers to close relatives in Kuwait.
Remittance by tour operators
Emigration/Visa fees
Fee for participating in international events and conferences (and) etc.
What all documents are required to send money from India to Kuwait?
PAN card copy of the fund remitter
Duly filled A2 form cum declaration with customer signature
Other KYC’s as requested by an authorized service provider for transferring funds to
Kuwait
What all details of beneficiaries required to transfer money from
India to Kuwait?
You can save money while buying currency with these simple tips
Bank Name and address of the beneficiary
SWIFT code
Beneficiary’s name account number
Let’s summarize the core of the whole procedure of fund transfer here. While you step out to send money
from India to Kuwait, always remember to approach any authorized dealer with an accurate and appropriate
license from the Reserve Bank of India to have a secure and safe transaction. Also, keep the required
documents ready along with beneficiary details for avoiding unnecessary delays and troubles. Now with
that, you can step out and transfer money from India to Kuwait without any fears and hesitations.
Where to contact to send money from India to Kuwait?
If you are looking to transfer money from India to Kuwait, then please feel free to get in touch with us
by visiting our website https://www.unimoni.in/ and put
a query or chat with us at the toll-free number 1800 102 0555 or
WhatsApp us at +91 9946086666 or mail us at customercare@unimoniindia.com. You can also visit
any nearby branches of Unimoni in India for having a hassle-less money transfer from India to Kuwait in
line with the FEMA guidelines and RBI guidelines for money transfer abroad at utmost safety.
Which are the different mediums of fund transfer from India to
Kuwait?
Wire Transfer/ Telegraphic Transfer (TT)
Wire transfer or Telegraphic transfer is the only recommended major electronic mode of
money transfer
as per Indian Reserve Bank of India regulations.
It has guaranteed pace and security in international fund transfer
It is a trouble-free and highly secured way to send money from India to Kuwait
Almost valuable for every personal transaction under this method
You can transfer money from India to Kuwait directly using this method
Foreign Currency Demand Draft (FCDD)
It is the most trustable instrument to take money abroad to any part of the world.
Available in every exceedingly demanded currency
Validity lasts up to 3 months
Primarily used for Education, Employment purposes, Immigration, Visa fees, etc.
How to transfer money from India to Kuwait?
Approach any of the authorized dealers near your location in order to transfer money from India to
Kuwait
It’s always better to have a prior check of the current exchange rates before processing the
transaction.
Provide the required KYC’s as asked by the service provider for verification. Once verified, you can
send money from India to Kuwait via NEFT/RTGS.
Wire transfer from India to Kuwait will start once the amount is being credited).
Outward remittance facility is offered by banks and authorized money changers. Rely on reputed and
authorized service providers for an easy and secured way of remittances.
Take into account the cost of the transfer, exchange rate, and the time taken to transfer.
Before availing outward remittance services, research on different channels offering more accessible
documentation, zero commission, and direct credit into the beneficiary account.
Be aware of the remittance guidelines and limits. Under the Liberal Remittance Scheme (LRS), you can
send up to $250,000 from India for business visits, leisure visits, gifts or donations, overseas
education and employment, medical, and other necessary expenses of relatives abroad.
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