An outward remittance is transferring funds in the form of foreign exchange by an account holder in India to a beneficiary outside India, e.g., Transfer money to International University as tuition fee 'or' remit money as family maintenance, from your bank account to the beneficiary bank account in a different country. TransWire is AD2 Licensed from RBI for Transfer Money from India to International Banks.

Bank charge as processing fee, for low value transactions INR 500/- to 1,000/- per transaction & for high value transactions INR 1500/- to INR 2500/-, which are standard in the industry.

With TransWire - If the Transaction is done before IST 3:00 PM, it will be processed the same day, if it is done post IST 3:00 pm the delivery will be next day. Sometimes, payment methods 'or' routine checks can affect the transfer delivery time. We'll always keep you updated.

1. You can Sign up for free on the online portal with a mobile verification, which is OTP based.
2. Check & book your currency price.
3. Fill your KYC & Verify your identity, the system is API integrated to give you correct Tax calculation for safe transaction.
4. Add your recipient�s bank details � the beneficiary details. This will help us to transfer to the right place / organisation.
5. Pay for your transfer with a debit or credit card, or bank transfer.
6. Download your transaction Invoice
7. Your Swift copy will be delivered to your email id.

The best & the fastest way to send money is with a fintech solution like TransWire, as they are user friendly, easy navigation & simplified to make international transfers from the comfort of your home 'or' on the go � it's completely digital. You can save the extensive time it takes to complete a bank transfer by switching to a smarter system. Bank transfers take much longer than the modern mechanisms for on-the-go money transfers.

Yes, TransWire is Authorised Dealer 2 from Reserve Bank of India to Transfer Money from India to Abroad.

Yes, there are limits, under Liberalised Remittance Scheme (LRS) is a measure to facilitate Resident Individuals (including minors) to remit funds outside India up to USD 250,000

With TransWire you will get a SWIFT code, on completion of your international money transfer. This code helps ensure your money transfer arrives at the intended location.

It works on the type of transfer you are making, as there is education, travel, family maintenance, mice booking based transfers, let�s take an e.g., of education � it required 6 documents from University Admission Letter, I-20, Student PAN number, Remitter PAN Number & ID, Valid passport. And here an important point - TransWire system, is intelligently designed, it populates required set of documents when you fill your type of remittance column for you to simply upload the same, it�s a complete automated process, where you don�t have to go anywhere.