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India's biggest forex marketplace!

THE EASIEST WAY TO TRANSFER MONEY FROM INDIA TO AUSTRALIA!
COMPARE QUOTES & BOOK YOUR WIRE TRANSFER ONLINE

Send Money AbroadForex Card & Cash


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  • Save minimum 5% compared to your bank.
  • Get credit in 4-48 working hours!
  • Transfer money from any bank.
  • A dedicated personal advisor to guide you through the process.

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Get all your questions answered from exchange rates to KYC, TCS and more.

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Sanketh Rao 1 Year ago
This has been the easiest and most economical way to transfer money to Canada. I got in touch with them through a friend's recommendation. Ms. Mary processed things for me so quickly. Even after moving to Canada, I used their service, again happened absolutely seamlessly.
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Vaishnav Meduri 1 Year ago
Did a transaction for the first time for my son's education requirements for 20k USD. Got a savings of INR 25k compared to bank rate card. A friendly economical service by Extravelmoney.
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Sanoj Sudhakaran 1 Year ago
I booked Malaysian Ringgit currency and Singapore dollars in forex card from ExTravelMoney at 1 AM, got a call from the team within 5 minutes and got currency and card delivered by 4 PM. Really impressed with their services. Will recommend them, 10/10!
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Ravi Krishnamurthy 24-08-2022
It has been a really wonderful experience remitting fees for my daughter for her university through Extravelmoney. The rates are very competitive and ease of operation also. Money reached the university with in 24 hours, that was pretty fast.
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Subhradeep Haldar 2 months ago
My parents have been using their services since 2020, to remit funds to me in Poland. The executives are very helpful and responsible. Never had any issues with them and I do recommend using their services.
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Kishore Reddy 11 Nov 2022
Sold Pounds almost at 14 paise less the running rate. Extravelmoney shows you all forex sellers near your vicinity, simply choose one of them, show your ID proof and collect money! The best feature is the price lock option which was very beneficial in my case.
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Send Money from India to Australia

Book Online

Compare bids from your nearest exchange houses & banks and book online

Verify KYC

Get the required KYC documents verified at home or at the nearest branch

Transfer Funds

Transfer the funds to the exchange house/bank's account as NEFT/RTGS

Get Credit!

The transfer will now be initiated and beneficiary will receive credit in 48 working hours!

In The Press

“...Travelers can compare the rates of various dealers in their city and get forex delivered...”

“...Extravelmoney ensures a smooth experience for customers while transferring money abroad..."

“...competition among the different forex providers in the platform leads to better deals for the customers...”

34%

Customers refer
their friends

7 +

Years of
Experience

200+

Cr in customer
savings

Why Send Money to Australia via ExTravelMoney?

  Lowest AUD Rates

Being a Forex marketplace, every exchange house here tries to outbid others. Result, you get the best AUD exchange rate in the market!

  Fast Processing

We understand your commitments and that is why we strive to initiate every wire transfer, the same day of receiving the funds.

  Zero Commission!

We charge absolutely zero commission on every transaction. No hidden charges either! Pay directly to the chosen exchange house or bank.

  Personal Advisor

You will have a dedicated personal advisor who will guide you throughout the process. Get accurate information and guidance on KYC, TCS and everything else.

How to Transfer Money from India to Australia?

Money Transfer from India to Australia can be done in four easy steps.

  1. Enter the amount, purpose of remittance and your location. Rates quoted by the nearest banks & exchange houses will show up on your screen instantly.
  2. Compare the quotes, choose the one of your choice and book your money transfer online. Submit the KYC documents for verification.
  3. Transfer the amount to the chosen exchange house as NEFT/RTGS
  4. Yes done! The beneficiary should receive credit within 48 hrs.

Modes for Outward Remittance from India to Australia

What is wire transfer?

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.

What is a foreign currency Demand Draft?

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.

Main Purposes of sending money to Australia

  • Australia University Fee Payment
  • Overseas Employment
  • Emigration Fees
  • Visa Fees
  • Film Making
  • Maintenance of Close Relatives
  • Medical treatment abroad..etc

Beneficiary details to be shared:

Benefits of making a Wire Transfer via ExTravelMoney.com

Notes:

Frequently Asked Questions


1. How much money can be transferred to Australia from India?

A resident Indian can transfer maximum US $2,50,000 (its equivalent in Australian dollars) per financial year. This is the current limit set by RBI and is subject to changes in the future.

2. How can I send Indian rupees to Australia?

It’s not possible to send money to Australia as Indian rupees. Instead, we can convert Indian rupee to Australian dollars and then send that to Australia. Check out today’s Australian dollar rate in India.

3. How long does it take to transfer money from India to Australia

Money transfer from India to Australia is done as a “Wire Transfer/Telegraphic Transfer”. Wire Transfer can take up to 48 working hours for the funds to be credited to the beneficiary account in Australia.

Sometimes, the transaction gets completed much before this time limit, usually within 24 hours of doing the transaction.

4. What are the different purposes of sending money to Australia from India?
  • Leisure Travel to Australia

For Leisure/private travel to Australia RBI allows resident Indians to take up to US$ 2,50,000 (its equivalent in Australian dollars) in a financial year. This can be taken all at once or combining multiple visits to Australia in a year. In a single trip, up to US $3,000 equivalent can be taken to Australia as cash (Currency). The remaining amount can be carried in Forex card or traveller’s cheques.

  • Study Abroad in an Australian university

Foreign exchange up to US$ 2,50,000 is permitted by RBI for the purposes of studying in Australia.

  • Medical treatment in Australia

A maximum of US$ 2,50,000 equivalent can be utilized by a person going to Australia for medical treatment in a financial year. This is the general LRS limit and your other foreign exchange transactions also fall within this limit. For amount exceeding the above limit, Authorised Dealers may release foreign exchange under general permission based on the estimate from the doctor in India or hospital/ doctor in Australia.

  • Employment in Australia

A person going to work in Australia is also allowed to take foreign exchange up to USD 2,50,000 per FY from an Authorised Dealer in India.

  • Emigration to Australia

A person wanting to emigrate to Australia can draw foreign exchange from AD Category I bank and AD Category II money changers up to USD 2,50,000 equivalent. This scheme cannot be used for the purpose of earning points or credits to become eligible for immigration by way of overseas investments in government bonds; land; commercial enterprise; etc.

  • Maintenance of close relatives living in Austral

A resident Indian can send money to Australia for the maintenance expense of their close relatives up to up-to USD 2,50,000 per Financial Year (April - March) [‘relative’ as defined in Section 2(77) of the Companies Act, 2013] abroad.

  • Gift Remittance / Donation to Australia

Any resident individual may remit up to USD 2,50,000 in a Financial Year as a gift to a person residing in Australia including NRIs and Overseas Citizen of India (OCI) or as a donation to an organization in Australia.

5. What is Form A2, Form 15 CA and Form 15 CB?
  • Form A2

Form A2 is a declaration pertaining to money transfer abroad transaction, which has to be filled with the complete and correct details.

Details of the applicant such as account number, their bank address and details of the beneficiary would be required to be filled in the form.

Form A2

  • Form 15 CA and Form 15 CB For Outward Remittance

Form 15CA and 15CB will be NOT be required to be furnished by an individual for remittance, which does not require RBI approval.

Form No. 15CB will only be required for payments made to non-residents, which are taxable and if the payment exceeds Rs. 5 lakhs. Part B and C of Form 15CA has to be filled. Certificate in Form 15 CB required from an accountant.

For Payments made below 5 lakhs, Part A of Form 15 CA has to be filled.


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