What is the best way to send money abroad from India?

Whether you want to send money overseas for education, immigration, visa, or family maintenance, you can seamlessly transfer money from your account to an overseas account from the comfort of your home. Unlike the old days, you do not need to visit your bank and stand in long queues to send money overseas.

The technological advances and the advent of the internet have led to many innovative ways to send money to your loved ones in foreign countries. Also, your days of worrying about losing your hard-earned money are long gone with enhanced safety and security features of international money transfer.

IndusInd Bank’s Wire Transfer?

IndusInd Bank’s Wire Transfer is one of India's best online tools offering an electronic way of transferring money from your bank account to an overseas bank account. The best part about Wire Transfer is that you can avail yourself of attractive foreign exchange rates while converting currency.

Wire transfer is a safe, quick, and reliable online money transfer online. It enables you to seamlessly send money overseas through a legal network of world banks known as the Society for Worldwide Interbank Financial Telecommunication (SWIFT). It is worth noting that IndusBank is a member of SWIFT, which ensures a safe and secure transfer of money.

It takes about two to four working days for your money to reach the recipient’s overseas account. If you do not know how to send money online, you can visit www.indusforex.indusind.com and transfer money abroad from the comfort of your home.  The best part about the Wire Transfer is that you do not necessarily have to have an active bank account with IndusInd to send money overseas.

You will need to submit relevant information and documents required by the bank to make an international transfer. For instance, you will need to provide the recipient’s details such as identification proof, address proof, bank account details, and the document requirement by the bank.

Your documents are strictly verified by the bank before sending money abroad, which speaks volumes about the safety of a transaction. There is no chance of security lapse while transferring money from your account to an overseas account. The recipient can withdraw the fund as and when he/she receives it in their bank account.

Furthermore, you can transfer in multiple foreign currencies. IndusInd Bank allows up to 16 foreign currencies to transfer through Wire Transfer. The permitted foreign currencies are:

     United States Dollars (USD)

     Great Britain Pounds (GBP)

     Euro (EUR)

     Australian Dollars (AUD)

     Canadian dollars (CAD)

     New Zealand Dollars (NZD)

     Arab Emirates Dirham (AED)

     Swiss Franc (CHF)

     Danish Krone (DKK)

     Hong Kong Dollar (HKD)

     Japanese Yen (JPY)

     Norwegian Krone (NOK)

     Saudi Riyals (SAR)

     Swedish Krone (SEK)

     Singapore Dollars (SGD)

     South African Rand (ZAR)


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