Transferring money from Germany to India

by | Aug 17, 2015 | Financial Services

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Transferring money from Germany to India is no more arduous task, after being in this field for more than 3 years RemitGuru.com has achieved an excellence in assisting Indians who acquaint with numerous problems in online remittance and successfully continues the journey of serving all NRIs in the area of remittance. Let’s have a glance on the example to have brief knowledge about restrictions on transaction for Indians who are currently in the Germany and want to send particular amount to India: Mr. FYI is residing in Frankfurt who wants to send money to India immediately but unaware about how much he can actually transfer in a day? Mr. FYI may send minimum €50 to €8000 in a day. He is entitled to make 5 transactions in a day so his total transaction limit for a day is €40,000. He can make total 10 transactions in a month. RemitGuru.com provides direct deposit option, so that your money will be directly deposited into the recipient’s account within the stipulated time period.

Non Resident India of Germany will be provided two options at the time of final transaction, they are indicative exchange rates and fixed exchange rates. Indicative exchange rates are meant to give broad idea about at what exchange rate money will be transferred in to the receiver’s account. On the other hand fixed exchange rates are intended to provide security against consistently changeable global market. Both choices are adequate and you can toggle between the two as per the feasibility. Once you become the regular remitter, you will get loads of good offers that will benefit both sender and receiver. Choice is always yours.

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