Can I transfer money from India to Dubai?
Wire Transfer is the most popular way of money transfer from India to Dubai. The IndusInd Bank offers wire transfer services where they transfer money electronically through a network called the Society for Worldwide Interbank Financial Telecommunication or SWIFT
Steps to transfer money directly to a person
- Select an authorised dealer for money transfer from India to Dubai
- Choose the beneficiary and give all the valid information about them & the exact location details.
- Select the desirable or necessary money to transfer
- Pick the means of payment
- Share the receiver’s address proof
- Send the money
What are the reasons why people send money from India to Dubai?
- Overseas Education
- Overseas Employment
- Emigration Fees
- Visa Fees
- Maintenance of Close Relatives
- Medical Treatments Abroad
- Gift Remittance/Donations etc.
Above are the main reasons people do India to Dubai fund transfers a more significant number.
What documents are necessary to send money from India to UAE?
- Government distributed photo ID proof of the money remitter.
- PAN card copy of the fund transferrer
- Duly filled A2 application form cum declaration with customer signature
- Another KYC, as requested by the authorised service providers for transferring funds to Dubai
Keeping all these documents ready before your India to Dubai fund transfer will help you make the transaction without many hurdles. But, make sure that you are well equipped with them before you step out to send money from India to Dubai.
Money Transfer from India to Dubai
The general hype of moving out of the home country searching for prosperity is not old folklore. Moving out, especially to places like Dubai for vacation, education, and other variant interests, has gradually gained momentum.
