Easy Steps to Send Money Abroad

Choose Your Desired Currency Amount

Choose Your Desired Currency Amount

Select currency and denomination you need to carry along

Enter Transaction Details

Enter Transaction Details

Enter remittance purpose with remitter and beneficiary details

Make Payment Online

Make Payment Online

Make payment via multiple payment options like debit card, credit card and net banking

KYC anf fulfillment of remittance

KYC and fulfillment of remittance

Transaction complete with receipt of forex order completion at blocked rate

International money transfers are a way to send money from one country to another. People often use this service to support family members, pay for education or medical expenses, or invest in foreign businesses. There are many ways to send money abroad, so it's essential to compare the options to find the best one for your needs.


Why Financial Service Companies are Better than Banks in Sending Money Abroad?

When sending money abroad, financial service companies are a better option than banks. They offer customers lower transfer fees, better exchange rates, and more flexible transfer options. Compared to banks, financial service companies usually charge lower fees for international money transfers. They have lower operating costs and can negotiate better exchange rates with their partners. Additionally, these companies have access to a broader range of currency markets and can offer better rates to their customers. Moreover, they provide various convenient transfer options, such as online and mobile transfers, making it easier for customers to send money overseas from anywhere in the world.

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    Why Choose Unimoni Financial Services?

    Unimoni is a good option for international money transfers from Ahmedabad. It is an Authorized Dealer-II (AD-II) money transfer service regulated by the Reserve Bank of India (RBI). It gives you peace of mind that your money is safe and that your transfer will be processed quickly and efficiently. Unimoni offers a variety of international money transfer options, including telegraphic transfers, wire transfers, and cash pick-ups. You can transfer money directly to the recipient's bank account.

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    Procedures for International Money Transfer

    Know the procedure for sending money abroad through Unimoni in Ahmedabad:

    • Visit any Unimoni branch.
    • Submit your ID and address proof.
    • Provide the beneficiary's details, including their name, address, proof of residence (POR), and bank account details.
    • Pay the required fees.
    • You're done! Unimoni will process the transfer, and the beneficiary will receive the money within a few business days.

    Statement of POR

    Purpose codes are mandatory for financial institutions, including banks and money transfer services, to categorize the reason behind a money transfer when sending money overseas.

    The purpose code for remittance is a two- or three-character code used to indicate the motive for the money transfer. Standard purpose codes include:

    • S0014: Repatriation of Non-Resident Deposits (FCNRB/N. RERA etc.)
    • S0015: Repayment of loans & overdrafts taken by ADs on their account.
    • S0019: Maintenance of foreign nationals residing in India.
    • S0020: Medical expenses abroad of self or family members.
    • S0021: Educational expenses abroad of self or family members.
    • S0025: Business travel.
    • S0026: Personal journey.

    Selecting the correct purpose code is of utmost importance when transferring money. It guarantees that the transfer is handled precisely and per relevant laws and regulations, not only by the sender but also by the recipient. Furthermore, it assists financial institutions in safeguarding themselves against any possible financial crimes or fraudulent activities.

    Contact Us

    If you want to transfer money internationally from Ahmedabad, Unimoni is an excellent option. It is a secure and reliable service that provides competitive fees and fair exchange rates. If you are looking for a quick and effortless way to send money overseas, Unimoni is worth considering.

    Contact us for more details: https://remitforex.com/services/contact.html

    FAQ

    If you're in Ahmedabad and looking to send money overseas, Unimoni offers several reliable methods to get it done.

    • You can send money internationally using the Unimoni website or mobile app.
    • If you need to send money abroad, you can visit any Unimoni branch in Ahmedabad.
    • If you want to send money abroad, you can do so conveniently through Unimoni's agent locations in Ahmedabad.

    To send money abroad from Ahmedabad using Unimoni, you must provide certain documents. The required documents are listed below:

    • Valid ID proof of the sender, such as a passport, driver's license, or Aadhaar card
    • The PAN card of the sender
    • Bank account details of the recipient
    • Statement of POR

    If you're planning to transfer money from Ahmedabad to another country using Unimoni, the fees and exchange rates you'll be charged will depend on factors such as the amount you intend to transfer, the destination country and the transfer method that you choose. To get a precise quote for your transfer, you can use Unimoni's website or mobile app. This way, you'll be able to know the exact amount you'll be charged before initiating the transfer.

    The processing time for international money transfers from Ahmedabad via Unimoni varies based on destination and transfer method. Most transfers are completed within 2-4 business days.

    Unimoni is a reputable company that provides international money transfer services. They offer various transfer options, competitive fees, and reasonable exchange rates. Moreover, Unimoni is regulated by the RBI, which ensures the safety and security of your money.

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