Save up to 5% on International Money Transfers

  • Send money from India at interbank-linked best rate
  • Same-day transfers; as fast as 6 hours*
  • Simple 5 minute digital booking process
  • Zero transfer charges (use code: ZEROBANKFEE)
  • Secure transfers abroad via partner banks & RBI authorized agencies

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:

Today's Money Transfer Rates

Comparison: BookMyForex.com vs Others

MONEY TRANSFER ABROAD BookMyForex. com Other Forex providers*
Service Charges ZERO ₹200
Bank Charges ₹ 225 ZERO ₹ 1000
OVERALL HIDDEN CHARGES ₹ 0 ₹1200
* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion (use promo code: ZEROBANKFEE). Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements

Do Money Transfer for following purpose

A Close Relative Abroad or Your Own Account
Overseas Education
Foreign Investments
Medical Institution/ Hospital
For Immigration
Booking Your Tour

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BookMyForex is Rated 4.7 out of 5 Stars by Trustpilot Based on Over 1078 Reviews Rating as of 5th Jun'24

Experience the BookMyForex Advantage: Faster, Cheaper, Simpler


Best Rates, Zero Fees

Get interbank-linked best exchange rates with zero transfer fees. Save up to 5% compared to banks and other platforms.


24x7 Digital Booking

Send money to 150+ countries with our simple 5-minute online booking process, available 24/7.


Same Day Transfers

Lightning-fast international transfers! Send money abroad the same day – often in as little as 6 hours.


Trusted Banking Partners

Your money is safe. We partner with trusted banks & RBI-authorized agencies to ensure secure transfers.

How to Transfer Money in 4 easy steps

  • Set Up Your Transfer: Input the amount and pick your currency to instantly view rates and fees
  • Upload Documents: Upload the required documents based on your transfer purpose
  • Add Recipient Details: Provide the beneficiary’s bank account details
  • Make Payment: Pay easily via UPI, net banking, or other methods. Your transfer will be processed after a quick verification

Online Remittance - How It Works

Transfer Money from India to Abroad with BookMyForex

Looking for a reliable, fast, and affordable platform to send money abroad? Introducing BookMyForex, an innovative platform that simplifies international money transfers overseas. We ensure your transactions are safe, secure, and seamless from beginning to completion. With competitive rates, a 24/7 order booking process, and zero transfer charges, transferring funds to foreign countries has never been easier. Trust BookMyForex to meet all your foreign remittance needs, delivering speed and convenience at every step of the process.

Exclusive Tie-Ups With Leading Banks for International Money Transfer 

Our partnerships with leading institutions like Yes Bank, RBL Bank, and other trusted service providers allow us to provide efficient and swift international money transfer services. Through these strategic tie-ups, we ensure secure transactions and value for money for our customers.

Different Ways to Transfer Money from India to Overseas

You have primarily two ways to transfer money abroad:

1: Wire Transfer (swift transfers)

2: Demand Drafts (money orders)

What is a Wire Transfer?

This is by far the easiest and most convenient way to transfer funds abroad. Wire transfers are direct bank transfers where the money is sent directly from an Indian bank account to an overseas bank account of your beneficiary. With BookMyForex's international money transfer services, there are no transfer charges, making it a cost-effective method for sending funds overseas.

What is a Foreign Currency Demand Draft?

Demand drafts are physical paper drafts that can be delivered to a foreign country physically or sent to a beneficiary overseas via courier/mail. Remember that sending money by demand draft abroad is time-consuming and inconvenient.

How to Send Money Abroad from India with BookMyForex?

Transferring money abroad using BookMyForex is a straightforward and convenient process. Whether you're sending funds to a family member abroad, paying for education, covering medical expenses, or making foreign investments overseas, BookMyForex ensures that your money is remitted effortlessly, giving you complete peace of mind. Below are the steps you need to follow:

1. Set Up Your Transfer: Enter the amount and select your currency to check rates and fees instantly

2. Upload Documents: Upload the necessary documents based on the purpose of your transfer 

3. Add Recipient Details: Share the beneficiary’s bank account details

4. Make Payment: Pay via UPI, net banking, or other methods. Your transfer will be processed after a quick verification

*Educational remittances are processed within 6 hours; all other remittances are processed within 12-48 hours.

Why is BookMyForex the Best Platform for International Money Transfers?

BookMyForex has established itself as the preferred choice for transferring money overseas from India for several compelling reasons. 

1. Best Exchange Rates: BookMyForex offers the best exchange rates, ensuring you get the most value for your money when sending funds abroad. 

2. Zero Transfer Charges: We offer zero transfer charges (use Promo Code “ZEROBANKFEE”) and zero nostro charges (for remittance value up to 1000 USD) for international money transfers. 

3. Safe and Secure Service: BookMyForex is a highly reliable and secure platform, and funds are transferred via reputed partner banks. 

4. Quick Transfers: The transfers are processed quickly, with funds available to beneficiaries within 12-48 working hours.

5. Online Booking Option: BookMyForex offers a user-friendly experience through both its website and mobile app, allowing you to initiate transfers 24/7 online at your convenience.

6. Lock-In Rates with "Book Now and Pay Later": With this feature, customers can lock in the favorable exchange rate for up to 3 days by making a refundable deposit of just 2%. 

7. Best Customer Support: Our dedicated customer service team and forex specialists are available to guide you through every step of the transfer process, ensuring a seamless experience.

8. Exclusive Discounts for Students: Under the “BookMyForex Student Offer,” we provide exclusive discounts and offers for students studying abroad.

Frequently Asked Questions

As per RBI guidelines, outward remittances are not permitted in high-risk countries indicated by FATF (Financial Action Task Force). The list gets updated from time to time. For more information please refer to the information available on Fatf-gafi.org

BookMyForex processes the remittances via trusted and authorized Banks in India. We track the orders and keep you posted with the progress until the remittance is sent from India to the beneficiary's account. Your online transaction on BookMyForex.com is processed over a secure HTTPS connection and secured with the highest levels of encryption available. All credit card and debit card payments on BookMyForex.com are processed through a secure and trusted payment gateway and your credit card/ debit card/ net-banking info is never stored on our servers.

Gifts up to USD 2000 per financial year can be sent on the basis of self-declaration, Gifts / Donations can also be sent under Liberalized Remittance Scheme (LRS) up to USD 2,50,000 in a financial year. Investment by an Indian resident individual in overseas companies would be sub-summed under the Scheme of USD 2,50,000.

The limit for money transfer from India to abroad is up to US$ 250,000 or its equivalent for the patient going abroad for medical treatment or check-up abroad. Up to US$ 25,000/ equivalent for attendant accompanying the patient going abroad for medical treatment/check-up within the overall limit of USD 250,000.

As an Indian, the limit to Transfer money from India is US$ 2,50,000 or its equivalent per annum (as long as the limit is not consumed/ part consumed in any other purpose stated under LRS) towards tuition fees, maintenance expenses books, etc.

The permissible purposes to transfer money abroad through BookMyForex.com are as follows:
   1.Maintenance of Close relatives abroad
   2.Education Abroad
   3.Medical Treatment Abroad
   4.Immigration Abroad
   5.Employment abroad
   6.Fees for examinations like GRE/GMAT/TOEFL
   7.Other Travel Including Holiday Trips
   8.Travel for education
   9.Travel for Medical Treatment

An international money transfer from India can be sent through the following modes:
   1. Wire Transfer from India (You Send Money online by doing a Bank to Bank Transfer of Money)
   2. Foreign Currency Demand Draft.

You can Transfer Money Overseas to the below-mentioned persons:

(a) Members of your Hindu undivided family.
(b) Your spouse.
(c) You are related to the beneficiary in any of the manners indicated below:
   1. Father (including step-father).
   2. Mother (including step-mother).
   3. Son (including step-son).
   4. Son's wife.
   5. Daughter.
   6. Daughter's husband.
   7. Brother (including step-brother).
   8. Sister (including step-sister).

Person resident in India' is identified as a person resident in India for more than 182 days during the preceding financial year in section 2(v) of FEMA, 1999, but does not include the following:

A person who has left India or who, in either case, remains outside India -

* For taking up work outside India
* For having a business or vocation outside India

For some other reason, his/her intention to remain outside India for an uncertain duration would be indicated in such circumstances.

An Outward Remittance is a money transfer to a beneficiary account outside of India (except for Nepal and Bhutan) for a purpose authorised under the FEMA (Foreign Exchange Management Act) of money in foreign exchange by a resident of India or an NRI (Non-Resident Indian). For various purposes, including education, emigration, maintenance of close relatives, international travel, gifts, medical care, donations, etc, you may send money from India abroad to a beneficiary. This whole process is termed as Outward Remittance.

Transfer Money Abroad from India via India's Best Forex App
  • Fully online & paperless process
  • Transfer money with zero sending charges (use promo code: ZEROBANKFEE)
  • Extremely competitive forex rates
  • Super fast transfers - Funds received abroad in 12 to 48 business hours

Download the app

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Money Transfer Resources

BookMyForex

6,50,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over USD 1.2 Billions in Forex Transactions Processed

International Remittances Processed By

RBL Bank, YES Bank, Axis Bank Our Partners

*Educational remittances are processed within 6 hours; all other remittances are processed within 12-48 hours.

Book My Forex Pvt. Ltd., a MakeMyTrip group company, is a currency exchange service provider authorised by the Reserve Bank of India (RBI). | License number : NDL-FFMC-0093-2023 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1.5 lakh or more (Use promo code: ZEROMARKUP)

^ Same-day delivery is available from Monday to Friday (excluding holidays) when all payments and documents are received before 1PM.

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