Send Money From India to Brazil
There is an increase in the quantity and number of overseas remittances these days. This was aided by technical developments and improved access to international countries. Indians choose foreign nations for various reasons, including education, emigration, and work. Unauthorized agents are active across India because of the prospects in the remittance sector. remitforex, an online platform of Unimoni India, is the answer and solution to all your remittance needs in India if you're looking for the top remittance service provider.
Safe & Secure Money Transfers
When you're thinking about sending money to another country, one of the first things that come to mind is the security of your funds. You may also be concerned about the time it takes for these funds to reach the intended recipient. These issues can be resolved if you choose the right service provider. Authorized and competent agents in this industry can transfer funds promptly while also ensuring transfer security. Unimoni was the first company in India to receive an Authorized Dealer II license, and it specializes in sending money abroad for Indians.
Overseas Remittances
Authorized Purposes and Limits: The Reserve Bank of India has set some limits for international money transfers. All resident people, including minors, can freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction, or a combination of both, under the RBI's Liberalized Remittance Scheme (LRS). The following are some of the most commonly used reasons for international money transfers.
- Overseas Education
- Overseas Employment.
- Emigration Fees.
- Visa Fees.
- Maintenance of Close Relatives.
- Abroad medical treatments.
Million Happy Customers
Billion Remittance in a year
Transactions processing every year
Branch Network.
Agent Locations
Corporate Tie-ups
Education Consultancies Onboard as Partners
How do foreign remittances work with money transfers?
You may have reservations about the feasibility of transferring funds from one country to another. The SWIFT (Society for Worldwide Interbank Financial Telecommunication) network is the most prevalent method of international money transfer. The SWIFT network is an electronic messaging system. This network is used to transfer data from one bank to the next. remitforex, an RBI-approved Authorized Dealer, has agreements with central banks worldwide to receive SWIFT communications, ensuring safe and secure outward remittances from India.
Important Considerations
When sending money abroad, there is a lot to consider. Once you understand the advantages and disadvantages of each service, deciding how to send money abroad becomes much more accessible.
- Exchange Rates: Keep the current exchange rates in mind when choosing services. Foreign exchange rates often fluctuate, so it's always a good idea to double-check, especially when dealing with large sums.
- Service Provider: Choose the most secure and reputable service provider for international money transfers.
- Transaction Fees: It's best to stick with reputable service providers who charge regular transfer fees.
- SWIFT Transfer: It can take up to 48 working hours to credit funds to the beneficiary account in another country. The transaction is sometimes completed significantly sooner than this time limit, usually within 24 hours of being initiated.
Fees are lower
remitforex India places a premium on customer service and happiness. remitforex is a market leader in India for sending money abroad, with an extensive branch network. We offered our consumers the most effective rate with the lowest fees. If you need to send money abroad from India, particularly from India to Brazil, please contact us through our website www.remitforex.com or by email at care@remitforex.com.
Frequently Asked Questions
If you want to send money to a bank account in Brazil, we recommend using a specialist currency provider. If you're sending more than $100, we recommend Unimoni.
All resident people, including minors, are entitled to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible transactions under the RBI's Liberalized Remittance Scheme (LRS).
- Full name. Please enter your recipient's full name.
- Address. We need your recipient's city.
- Account details with SWIFT Code.
- Mobile number.
- Email (optional).
- Sending reason.
You can choose any options like FCDD, Swift transfer, or wire transfer from India to Brazil according to your necessity to send money from India to Brazil. SWIFT Transfer can handle up to 48 working hours for the accounts to be credited to the beneficiary account in Brazil.