FAQ

Can Netbanking be done internationally?

Can Netbanking be done internationally?

Fund Transfer through Internet Banking (For Axis Bank Account holders) Axis Bank account holders can easily and quickly transfer funds abroad through Internet Banking to any bank abroad.

Can we transfer money from Indian bank to foreign bank?

Thanks to the RBI’s Liberalised Remittance Scheme, you can remit funds from your Indian or current account to a foreign country to the tune of USD 250,000 per financial year. The good news is that presently there is no cap on the frequency of remittances.

Can I use Indian net banking abroad?

All retail individual customers including Resident Indians, Non Resident Indians, Sole Proprietors Foreign Nationals can use our ‘Transfer Funds Abroad’ facility on Internet Banking to send money overseas.

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How do I make an international bank transfer from India?

How does it work?

  1. Start your transfer. Enter the destination country and the sending amount. Choose business entity as the payee and select the purpose of transfer.
  2. Enter your beneficiary’s details. Fill out the beneficiary (business) bank account details1 and payment reference number.
  3. Pay and send. Pay for your transfer.

Can Indian send money to another country?

What is international money transfer & how to transfer money to another country? The Reserve Bank of India (RBI) allows Indian citizens to send money from India through a process called outward remittance which is directed by various foreign regulations.

Can we transfer money to abroad from India?

Sending money from India to overseas, is made easy and convenient with ICICI Bank. ICICI Bank offers Outward Remittance service for transferring money from India to all around the globe. Sending money from India to overseas, is made easy and convenient with ICICI Bank.

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What is the best way to receive money from abroad?

Here are the options you’ll want to consider if receiving money from overseas:

  1. International money transfer services.
  2. Bank transfer.
  3. Money orders/bank drafts.
  4. Cash pickup/home delivery.
  5. Mobile and electronic wallets.
  6. Fees.
  7. Exchange rate.
  8. Related content.

How to transfer money from Indian Bank to any other bank?

Here I have given step by step information to transfer money from Indian bank to other and Indian bank to Indian bank via internet banking. One can transfer money from Indian Bank to any other bank using internet banking facility. For this you need to request user-id and password from your Indian Bank branch.

Who can use the Bank of India online fund transfer service?

All customers of Bank of India can use their online fund transfer service. The online Bank of India transfer money service helps customers of the bank to transfer money from their account to anyone in India.

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How can I transfer money without visiting a bank branch?

And without visiting branch you can transfer money either using Internet banking or mobile banking. As now days people are very much busy with their multi tasking job, business or at office, they have less time to visit branch to transfer funds to their friends, relatives or employees. There are different methods for transferring money.

What is the maximum limit for money transfer in Bank of India?

Please keep in mind that the maximum transfer limit is Rs. 1,00,000 per day and 10 transactions per day. Online Bank of India money transfer service enables you to do fund transfer from your account to anyone in India in real-time.