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Outward Remittance From India To UK
Overview
Anil was planning to send his parents on a trip to the UK. Anil’s brother Rahul was a student at Heriot-Watt University in Edinburgh. It was his last semester, and once the final exam was over, Rahul planned to take a break before planning his further moves. So, this was the best time for the visit as Rahul could accompany his parents to explore the city and other famous places such as Edinburgh Castle, the Palace of Holyroodhouse, the Holyrood Park, and Princes Street, to name a few. Anil had booked the tickets; packing was almost done. The only task that was left was transfer money to his brother’s account so that he could take care of the expenses when their parents would be in the UK. But Anil wasn’t sure about the ways for outward remittance to the UK from India. His colleagues told him that he could check the wire transfer service by the IndusInd bank as it was the safest and fastest way for transferring money from India to the UK
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The Best Way for doing outward remittance to the UK from India
The best solution for doing an outward remittance to the UK from India is through wire transfer. The IndusInd Bank offers outward remittance options that include wire transfer service and net banking. For using the wire transfer services by the IndusInd bank, you have to visit the nearest branch of the bank and connect with the concerned officials. You have to furnish them with documents such as identity and address proof. Also, you need to submit a declaration stating the purpose of the transaction. After that, your transaction will be processed. You can use the wire transfer service even if you do not have an account with the bank.
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IndusInd’s wire transfer is the best way to send money from India to the UK. The transaction is carried out through the Society for Worldwide Interbank Financial Telecommunication (SWIFT). This network ensures complete safety of that transaction. Wire transfer is fast and convenient and takes only two to four business days for completing the transaction. However, the time taken for completing the transaction might vary depending on the country and their currency issues.
Send Money to the UK from India through Online Banking
For doing a wire transfer from India to the UK, you have to visit the bank. But you can also transfer money through net banking. And for this, you do not need to visit the bank. For this, you must activate the net banking service. The bank will provide you with username and password for accessing the account. After you have selected the money transfer option, provide the account details of the recipient and the SWIFT code of the recipient’s bank. Provide the amount you want to transfer and complete the process.
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