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Can I transfer euros to my Indian bank account?

Can I transfer euros to my Indian bank account?

You may choose any offline or online international transfer method. Some of the options are foreign demand-drafts, SWIFT-based online remittance or bank-to-bank transfers to send money from Europe to India. Online remittances into your NRE account are faster and there is no limit on the funds that you can send.

Can I deposit euro in NRE account?

With an NRE account, you can easily deposit your foreign earnings into this account from your country of residence. The amount that is deposited from the foreign currency is converted into Indian rupees as per the prevailing exchange rate.

Can we transfer foreign currency to Indian account?

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NRIs can send money directly from their bank account abroad to the recipient’s bank account in India. This is called the Wire Transfer of funds. In Wire Transfer, usually, it takes up to 48 hours for the money to get credited to the beneficiary bank account.

How can I transfer money from NRE account to India?

You cannot transfer money to a NRE account from a savings account in India….Documents required: To transfer funds from NRO to NRE account, the following documents are required.

  1. Signed cheque/ letter for funds transfer from NRO to NRE savings account.
  2. FEMA declaration.
  3. Documentary evidence of source of funds.

How can I send money from Germany to India?

How to transfer money from Germany to India online?

  1. Register for free. Sign up online or in our app for free.
  2. Choose an amount to send. Tell us how much you want to send.
  3. Add recipient’s bank details. Fill in the details of your recipient’s bank account.
  4. Verify your identity.
  5. Pay for your transfer.
  6. That’s it.
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How do you transfer foreign currency?

Option 1: Make an international bank transfer online

  1. Find the wire transfer section on your bank’s website.
  2. Double-check your online transfer limit.
  3. Enter the recipient’s bank details.
  4. Enter the amount and choose the currency you want for the recipient bank.
  5. Pay the transfer processing fee.

How can I transfer foreign currency to NRE account?

There are several ways in which you can transfer money to your NRE savings account. You can use wire transfers or money transfer services offered by your bank. You can do a transfer through by depositing or mailing foreign currency cheques and demand drafts.