Send Money Abroad Online – An Easy Method of Money Transfer Internationally

Money transfer Internationally

From educational expenses to emergency remittance, expensive gifts to medical costs, there are many reasons why you need to transfer money abroad. Unlike earlier options for money transfers, there are simple methods to remit money available today. If you need to send money abroad, then you must know about some quick methods to do so.

Foreign currency demand draft 

Foreign currency Demand draft is the physical paper currency that can be couriered abroad or carried manually abroad. Demand draft is a popular option for money transfer. Most students use this method to remit fees in colleges abroad. If you need to do money transfer internationally, you can also use a demand draft as a feasible solution. It is perfect for emergency needs as well. This method is convenient, safe and secured. 

Wire transfers 

Money from an Indian bank account will be transferred to the beneficiary's bank account abroad. Wire transfer is the fastest way to transfer money abroad. Online sites offer flexible rates on wire transfers. A site like Bookmyforex.com will offer you zero fees on the transfer of money from India. It also lets you freeze a rate of transfer so that'll help you save some extra money. Most people use this method for emergency remittance abroad. 

Way to transfer money online

You need to book an order online if you want to send money abroad. Transfer all your money you wish to send to the partnered bank of the online site. All the relevant documents are important for transfer. After receiving the documents, the bank will process the transfer and will provide with acknowledge receipt of the transfer. 

The amount that is to be transferred 

RBI has set some guidelines regarding the money transfer to abroad. According to that guideline, per person limit of fund transfer abroad is 250,000 USD. There is also a guideline for reasons you can send money for. 

The main reasons being:

• Educational expenses/Emigration fees
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• Medical treatment/Care for close relative
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• Visa fees/Employment 
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• Police verification/Private purpose visits
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• Any other emergency need
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Using online sites for money transfers 

A site like Bookmyforex.com offers complete expediency in money transfer abroad. With no charge on transfer, it will surely save on money. There are no extra charges on the remittance of money. The service is not only secured but it also guarantees 100% privacy. It is fast because it only takes only 12 business hours to reflect in the beneficiary's account abroad. 

The best part is you can send money from anywhere. Online sites also give you 24/7 access so you don't have to wait to remit your money abroad. There is customer support available with online sites if you are stuck somewhere in the process of transfer.

Easy remittance

For direct transfer, you'll need bank account details of the international recipient including Account number and Identifier code. The basic documents like age proof will be required by the bank along with remittance amount and detail. International money transfer can be done with a single click today. There is no hassle in selecting a procedure and payment is made swiftly as well. 

Now, send money to USA, UK, Singapore, Australia, and Canada easily with with Bookmyforex company. It is the best and Easiest way to send money abroad.