Are you looking for a safe and quick way to transfer money to India? No need to worry; in today’s digital era, sending money abroad is easy. Whether it’s for tuition fees, business, or family and friends living overseas, you can do it with ease.
One important thing to know when sending money to India is the SWIFT code of the indian bank. The SWIFT code is a unique identifier for the receiving bank, ensuring your money reaches the intended recipient. Want to learn more about how to transfer money to India? Check out the details below!
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Check India Banks Swift Code on Transfez
A SWIFT (Society for World-Wide Interbank Financial Telecommunications) code is an 8-11 character unique code that identifies a bank during international transactions, ensuring the money reaches the right recipient.
If the SWIFT code is not included, the transaction will not go through and will fail. Therefore, it’s mandatory to add the SWIFT code before transferring money internationally.
To obtain the Indian bank’s SWIFT code, first, identify your destination bank. India has many banks, so make sure you know which one will receive the funds.
Then, you can check the SWIFT code through the SWIFT Code / BIC Bank Online Checker on the Transfez website. Simply select the country and bank name to find the SWIFT code you need.
Various Ways to Transfer Money to India
Here are some popular options for transferring money from Indonesia to India.
1. MoneyGram
MoneyGram is a remittance service that supports money transfers to India. In Indonesia, MoneyGram has over 2,500 agents spread across Java, Sumatra, and Kalimantan.
The transfer process through MoneyGram is easy and doesn’t even require a bank account. You only need to visit a nearby agent, fill out the form with the recipient’s details and destination country, pay the transfer fee, and the recipient in India can pick up the funds within minutes from a local MoneyGram agent.
2. WorldRemit
WorldRemit is a digital platform for sending money to multiple countries, including India, and is available on both Android and iOS. You can transfer funds directly to a bank account, e-wallet, or for cash pickup in India.
The WorldRemit process is very convenient, and you can track your transfer status in real-time through the app. WorldRemit is a great choice for anyone looking for an efficient and affordable way to transfer money to India. Transactions are secure, as the platform is well-regulated.
3. Bank
Bank transfers remain a preferred option due to their accessibility. Major Indonesian banks, such as Mandiri, BRI, BCA, and BNI, offer international transfer services in various currencies. With just a form submission at the bank, your money will be delivered within 1-7 business days.
While banks offer broad coverage and support multiple currencies, transfer fees are generally higher than other methods. Additional administrative and other fees may apply to the sender’s account. For large transfers, banks may also require supporting documents, such as a payslip or income statement.
Check Other Money Transfer Destinations on Transfez
Transfer Money to Malaysia
Transfer Money to Singapore
Transfer Money to Hong Kong
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Transfer Money to India with Transfez
How do you transfer money to India safely and easily? With Transfez, you can send money to over 70 countries in 33 currencies with competitive exchange rates and low fees. And, rest assured, your transaction is secure as Transfez is officially registered and monitored by Bank Indonesia.
Here are the steps to transfer money to India:
1. Download and sign up on the Transfez app.
2. Enter the amount to be sent.
3. Verify your identity.
4. Enter the recipient’s information in India.
5. Complete the payment.
6. Your money transfer is complete!
Download Transfez App
Transfez App can help you transfer money abroad more quickly and efficiently. Transfez Business can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.
Affordable, easy, and fast! With Transfez, you don’t have to worry about high transfer fees to India. For only IDR 69,000 per transaction, regardless of the amount sent, your money is guaranteed to reach the recipient within 24 hours on business days. So, what are you waiting for? Download the Transfez app now!
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