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Open GIC Account & get ₹2500 OFF on 1st transfer
I got to know about extravelmoney.com from a friend of mine. The transaction was really simple, fast & flawless. I was impressed with their ability to meet my need, so quickly.
- Louis T. Cherian, Bangalore
Compare bids from your nearest exchange houses & banks and book online
Get the required KYC documents verified at home or at the nearest branch
Transfer the funds to the exchange house/bank's account as NEFT/RTGS
The transfer will now be initiated and beneficiary will receive credit in 48 working hours!
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Be it tuition fee, tour remittance, emigration fee or visa fee, we at ExTravelMoney.com can help you transfer money from India to Europe in no time. You can opt for a Telegraphic/Wire Transfer (TT) or a Demand Draft (DD). We will get you quotes from banks and money transfer agents at your location. Compare, choose and place you order online. One of our remittance experts will then call and guide you complete the transaction, from getting the KYC documents ready to making the payment. Direct Credit to your beneficiary account in less than 48 hours!
To simplify, just follow the four steps.
To simplify, just follow the four steps.
Send Money to UK
Send Money to Germany
Send Money to France
Send Money to Netherlands
Send Money to Sweden
Send Money to Poland
Send Money to Ireland
Send Money to Italy
Send Money to Spain
Wire Transfer/ Telegraphic Transfer (TT)
Foreign Currency Demand Draft (DD)
Wire Transfer (TT Transfer/SWIFT Transfer) is an electronic mode of fund transfer (through SWIFT), with which you can transfer money from your Indian Bank account to an overseas bank account.
Indian Banks and RBI approved Authorized Dealers has arrangements with over 400+ major banks across the globe to receive SWIFT messages which ensures safe and secure outward remittance from India.
Account holders of any Bank in India (resident and non-resident) can do a wire transfer from India.
A Foreign Currency Demand Draft is another facility for making international money transfer for educational payments, medical fees, VISA fees or migrating to other countries etc. Demand drafts are a safe option for making international money transfer as it is made 'favouring' the beneficiary. DDs can be reissued if lost or stolen.
Notes:
Foreign Outward Remittance is nothing but the act of money transfer from one’s home country to a foreign country. Money Transfer from India to Europe is a foreign outward remittance.
As per RBI, PAN number is mandatory for sending money from India to Europe. It is to make sure that the money being transferred abroad is already taxed in India. Also, RBI wants to make sure that individuals stick to their outward remittance limit prescribed per year (USD 2,50,000).
A message containing instructions such as beneficiary’s bank account number, IBAN number, SWIFT code etc is sent over a wire. Upon receiving this message, the beneficiary bank releases the funds to the correct account. All these transactions will be settled by them usually through a central authority or bank server.
The best way to transfer money overseas is through “Wire Transfer/Telegraphic Transfer”. Wire Transfer is an electronic funds transfer from one bank to another. With ExTravelMoney you can compare the rates offered by your nearest banks & exchange houses.
International Money Transfer has 3 main cost components. Exchange Rate of the bank or money changer, service fee of the bank and money changer and tax amount to be paid on the money transfer.
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