Overseas fund transfers from your resident savings account made easy by logging into Internet Banking and by navigating to the Money2World platform.
- Guaranteed Delivery Product – Full value credit for transfers to beneficiary account
Receiver Country – USA
Fee: Rs 1,000 + Taxes (as applicable)
- Regular Delivery Product - Credit to beneficiary account with extra charges levied by correspondent bank
Receiver Country - all countries
Fee: Rs 750 + Taxes (as applicable)
How it works?
- Login to Internet Banking
- Click on ‘Fund Transfer’ under Payments & Transfer
- Select the option – Transfer Funds to ‘An overseas account through Money2World’
- Click on ‘Send Money Now’
- Add beneficiary and enter transaction details to complete the request.
Offers on fund transfers through Money2World
Get an Amazon gift voucher worth up to Rs. 5,000* on your online overseas fund transfer through Money2World.
- Offer valid from July 1 to September 30, 2018
- Offer is applicable only on Money2World for online overseas fund transfers
- Use Promo Code RIBM2W
- The Amazon gift voucher amount will depend on cumulative amount of all transactions in the offer period as per the below table:
Transfer Amount (Foreign Currency)* Voucher Amount 500 - 1,000 Rs. 500 1,001 - 5,000 Rs. 1,000 5,001 - 10,000 Rs. 2,000 10,001 – 15,000 Rs. 2,500 15,001 – 20,000 Rs. 3,000 20,001 – 25,000 Rs. 4,000 25,001 & above Rs. 5,000
- Cumulative transfer amount (on single or multiple transactions in the particular month during offer period):
AUD, CAD, CHF, USD, GBP, EUR – as per the foreign currency amount of transaction
All other currencies (AED, DKK, HKD, JPY, NOK, NZD, QAR, SAR, SEK, SGD): Equivalent of USD
- Minimum transfer amount:
AUD, CAD, CHF, USD, GBP, EUR: 500
All other currencies (AED, DKK, HKD, JPY, NOK, NZD, QAR, SAR, SEK, SGD): Equivalent of USD 500