“...ExTravelMoney has tied up with forex dealers and banks. Through 4000 stores of these partners, it could access the national market....”
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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
Complete process was very hassle free, right from choosing of exchange rate, confirmation of order and receiving money. I am sure I wouldn`t have got this exchange rate and service quality if I directly walked in to anyone of the forex vendors
- M Aditya Karan, Hyderabad
The entire experience was really smooth. I selected selected a vendor who would do door delivery. Got a quote instantly and the currency delivered in few hours. Will highly recommend this service.
- Pradeep Govindaraju, Chennai
I opted for extravelmoney after doing a lot of research and visiting the banks where I have my accounts. The rates are undoubtedly the best in market and the process is absolutely hassle free.
- Peter Anand Shah, Hyderabad
I have used their services twice and it was a hassle free experience. I would definitely recommend to anyone who needs forex.
- Shiva Kumar, Bangalore
Highly delighted. Best exchange rates and good back up support. Overall, an awesome experience. One hundred percent recommended. Hope to deal with them again.
- Ghouse Syed, Hyderabad
It came as a savior to me. The biggest challenge was to find a place nearby that would do it hassle-free at a reasonable price. Extravelmoney helped a great deal with that.
- Swati Saxena Saxena, New Delhi
Extravelmoney.com is a real pain killer for someone travelling abroad for the first time. Awesome service and very very fast response.
- Manish Kumar, Bangalore
Let us know your remittance requirements & We ll get you instant quotes.
Compare the quotes, chose the one of your choice and book online.
Transfer the funds directly to the chosen Exchange house.
Yes, Done! The transfer will be made the same day & you can collect the bill!
ExTravelMoney Is Rated 4.7 Stars by Trustpilot Based On Over 173 Reviews
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.
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.
Foreign Outward Remittance is nothing but the act of money transfer from one’s home country to a foreign country.
Ex: Money Transfer from India to Europe is a Foreign Outward Remittance
Yes, PAN is mandatory for Outward Remittance.
This is as per RBI rule regarding the same. 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).
There is no physical movement of money in a wire transfer.
Instead, a message containing instructions related to the transfer such as beneficiary’s bank account number, IBAN number, SWIFT code etc is “Wired, i.e., sent over a wire. This means that it is an electronic message. Upon receiving this message, the beneficiary bank releases the funds to the correct account.
The sender and the receiver bank may have many such transactions between them routed through intermediary banks. 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.
ExTravelMoney consistently gives the best exchange rate and lease service fees on Wire Transfer from India to Europe.
International Money Transfer has 3 main cost components;
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