Send Money Abroad from Sikar

Sending money abroad was a difficult and expensive process, but with the advent of digital technology, it has become much more manageable. Various financial service providers (FSPs) in Sikar now operate a complex network that enables cross-border transfers with varying speed, convenience, and cost-effectiveness. However, navigating this landscape requires careful analysis and a clear understanding of individual needs and priorities.

Sending money abroad from Sikar can be necessary for many reasons, but it's essential to remember that doing so can come with fees and exchange rate changes. To ensure you get the best deal, comparing different options before transferring money is crucial. The specific reasons for sending money abroad can vary depending on individual circumstances.

Eligibility for Sending and Receiving Money Abroad from Sikar, India under RBI Guidelines

The RBI regulates foreign exchange transactions in Sikar, India, including sending and receiving money overseas. Under the Liberalised Remittance Scheme (LRS), individuals can send money abroad for various purposes such as education, medical treatment, travel, maintenance of close relatives, gift remittances, investments, emigration, or immigration.

Senders

Indian citizens holding Resident Individual (RI) accounts can remit money abroad for permitted purposes under the Liberalised Remittance Scheme (LRS). Currently, the limit is USD 250,000 per financial year (April-March).

Receivers

Individuals with valid bank accounts overseas can generally receive money from India, with some restrictions based on specific countries or sanctions.

It is essential to understand that blood relation is just one of the factors considered when it comes to money transfer. The RBI primarily focuses on the purpose of the transfer and the source of funds. For sending and receiving money abroad from Sikar or anywhere, eligibility is based on adhering to the permitted purposes under LRS, such as education, medical treatment, travel, etc. It is also essential to ensure that the sources of funds, such as salary, gifts, etc., are legitimate. You can talk to our experts for more details and assistance.

Sending Money Abroad Through Unimoni

1. Visit any Unimoni Branch.

To send money abroad from Sikar to someone's overseas bank account, visit the nearest Unimoni branch and bring the required documents. These documents include your Aadhar card, PAN card, passport/visa, and the recipient's account details. You must provide the necessary documents, such as beneficiary details, the reason for the transfer, and proof of identity. You can pay in cash or transfer the amount to the service provider's account. Once the transaction is complete, you will receive a receipt containing all the details.

2. Remitforex website

Unimoni provides multiple convenient options for sending money abroad, based on your preferences and circumstances. With the Remitforex platform, you can transfer funds to over 200 countries in 21 different currencies. This platform offers detailed information about sending money abroad, including the most favourable exchange rates.

3. Unimoni India App

Unimoni India provides a money transfer service that allows you to send money overseas from India through their mobile app. First, you must register on the app and submit a query. Our team at Unimoni is always available to assist you throughout the process. To ensure a seamless transaction, please follow the instructions with utmost care. And please don't forget to double-check your inputs before submitting.

Unimoni is the Best!

Unimoni Financial Services is an excellent option to send money abroad from Sikar. Their exchange rates are usually reasonable, comparable to online-only transfer services, and sometimes even better than traditional banks. Unimoni's extensive network in Sikar, multilingual support, and availability through online platforms and physical branches make their services convenient and easily accessible.