Find Out How Relimoney Helps You Save Big on International Money Transfers

Transferring money across borders used to be slow, complicated, and full of hidden costs. Today, it’s easier, but many people still lose a significant amount without realising it. If you often send money abroad — whether to family, for education, or for business payments — choosing the right service can make a huge difference to how much you actually save.

Relimoney offers a smart, affordable way to handle International money transfer from India. It also simplifies outward foreign remittance by cutting through the red tape and making the process straightforward. Let’s look at how Relimoney helps you save money, time, and effort while keeping your transfers secure and compliant.

Why Sending Money Abroad to India Costs More Than You Think

Every time you move and send money abroad from India to another country, several costs quietly eat into the total. You pay a visible fee, but you also lose money through exchange rate margins and intermediary bank charges. Even small differences add up fast when you transfer larger sums.

Here’s what typically drives up the cost of sending money abroad:

1. Exchange Rate Margins

The exchange rate you see online — often called the mid-market rate — isn’t what most providers use. Many banks and services apply their own margin, giving you a worse rate. Even a small margin of 1–2% can mean thousands of rupees lost on a large transfer.

2. Hidden Fees

A provider might advertise “zero fee transfers,” but still charge you indirectly through inflated rates or intermediary bank deductions. These hidden costs are hard to detect until after the money leaves your account.

3. Processing Delays

A slow transfer can work against you if exchange rates fluctuate before the transaction clears. Some traditional banks still take two to five days, which could mean losing money due to rate movements.

4. Regulatory and Documentation Costs

In India, sending money abroad is governed by the Reserve Bank of India’s Liberalized Remittance Scheme (LRS). You’re allowed to send up to USD 250,000 per financial year for certain purposes. But incorrect documentation, missing purpose codes, or compliance issues can cause delays or even rejection — costing you more in time and fees.

With all these factors combined, a “cheap” transfer on the surface can end up being far more expensive than expected.

How International Money Transfer Online Helps You Save

Relimoney was built to fix these problems. It focuses on transparency, low exchange margins, and fast processing so that every rupee you send reaches its destination with minimal loss.

Transparent Pricing

You always see the rate and fee before confirming your transaction. It doesn’t hide charges in the background or surprise you after payment. That clarity helps you compare your options and choose what’s best for you.

Competitive Exchange Rates

Aims to stay close to the mid-market rate. By reducing the markup, you get more value for every rupee you convert. Even a 0.5% improvement in the rate can mean big savings on large remittances.

Simple Fee Structure

Instead of multiple-layered fees, you pay one flat charge per transfer. This makes it easy to calculate your total cost upfront.

Convenient Online Wire Transfer in India

Relimoney lets you send money digitally without visiting a branch or filling out endless forms. You can initiate an online wire transfer in India through your phone or computer anytime, making it perfect for people who prefer flexibility.

Streamlined Send Money Abroad Service in India

Whether you’re paying tuition fees for overseas education, supporting a relative abroad, or making a business payment, covers every use case under the LRS. The process is designed to be fast, paper-light, and secure.

Efficient International Money Transfer Online

International transfers can be done in just a few steps. You enter the amount, select the currency, upload the required documents, and confirm. The handles the rest — including compliance and verification — so your funds move smoothly.

Support for Outward Foreign Remittance in India

Ensures every transaction follows Indian foreign exchange laws. From purpose codes to tax forms (like Form 15CA and 15CB, where applicable), everything is managed properly. This avoids penalties, delays, or rejected payments.

Compliance Made Easy

Dealing with regulations is one of the biggest worries for people sending money abroad from India. We help you stay compliant by simplifying every step.

1. Documentation Guidance

You get clear guidance on what forms are required. For instance, outward foreign remittance under the LRS often needs a purpose code, PAN details, and sometimes Form 15CA. We helps collect and verify this, so your transfer isn’t delayed.

2. Real-Time Tracking

Once your transfer is initiated, you can track its progress. You’ll see exactly when it’s processed and when it reaches the destination bank. Transparency like this means fewer surprises.

3. Compliance With FEMA and RBI Rules

All transfers through Relimoney follow India’s Foreign Exchange Management Act (FEMA) and RBI’s reporting standards. This not only keeps your money safe but also builds credibility with foreign banks.

4. Quick Customer Support

If you’re unsure about limits, taxes, or documentation, we are support team can help you understand what’s required for your specific case. This assistance saves time and avoids costly mistakes.

Who Benefits Most From Relimoney

Relimoney isn’t just for one type of customer — it’s built for anyone who needs to send money overseas.

Students Studying Abroad

Parents paying tuition fees or living expenses can transfer funds securely and at better rates. The process is designed to handle education-related payments under the LRS.

Working Professionals Supporting Family

If you send money to loved ones in another country every month, it helps you save on each transaction while maintaining a consistent speed.

Businesses With Global Partners

Companies that make international payments for imports, freelancers, or consultants can use international money transfer online tools to move funds faster and cheaper than traditional banks.

Travelers and Expats

People relocating for work or long-term stays can use this to handle outward foreign remittance in India with minimal hassle.

Tips to Make the Most of Your Transfer

1.     Compare rates before confirming. Even a small rate difference can mean a lot on larger transfers.

2.     Time your transfers wisely. Currency rates fluctuate daily. If possible, plan and send when rates are favorable.

3.     Avoid unnecessary conversions. Always send in the currency the receiver’s account is set up in to avoid double exchange fees.

4.     Double-check beneficiary details. A wrong account number or SWIFT code can cause delays or reversals.

5.     Stay under your annual LRS limit. Keep track of how much you’ve sent during the financial year to stay within the USD 250,000 cap.

Relimoney’s platform makes these steps easier by keeping your data, past transfers, and recipient information secure and easily accessible.

Why RNFI Money (Relimoney) Stands Out

l  Speed: Faster transfer processing compared to traditional bank methods.

l  Transparency: Clear pricing and live rate display.

l  Security: Advanced encryption and regulated compliance for every transaction.

l  Simplicity: Fewer steps, no unnecessary paperwork, and real-time updates.

By combining technology with clear communication, our service helps users manage their international transfers without confusion or surprise costs.

Final Thought

Sending money abroad doesn’t have to be stressful or expensive. You know exactly what you’re paying, how long it will take, and how much will arrive on the other end. Whether you’re handling an International Money Transfer from India, managing currency exchange, Forex Card, and Travel Insurance, Relimoney helps you keep more of your hard-earned money.

In short, every rupee you save on fees and rates is a rupee that stays where it belongs — with you and your family.