Transfer Money to Europe

Secure, Fast, and RBI-Approved Money Transfers from India to Europe

Looking to send money to Europe? Matrix Forex offers a seamless and secure platform for online money transfer to Europe. As an RBI-approved service provider, we ensure your funds reach their European destinations promptly and safely.

Why Choose Matrix Forex for Your Transfers to Europe?

RBI-Approved Services:

Operate within the guidelines of the Reserve Bank of India, ensuring compliance and security.

Competitive Exchange Rates:

Benefit from favorable rates that maximize the value of your transfers.

Low Transfer Fees:

Enjoy cost-effective solutions with minimal charges.

SWIFT Money Transfer to Europe:

Experience prompt processing times, ensuring your funds reach their destination quickly.

User-Friendly Online Platform:

Initiate and track your transfers with ease through our intuitive interface.

Dedicated Customer Support:

Receive assistance from our experienced team for any queries or concerns.

How to Transfer Money from India to Europe

Transferring money from India to Europe is a straightforward process with Matrix Forex:

Register Online: Create an account on our platform.
Provide Necessary Details: Enter the recipient's information and the amount to be transferred.
Choose Transfer Purpose: Select the reason for the transfer, such as education, medical expenses, or supporting relatives.
Upload Required Documents: Submit necessary documents as per RBI guidelines.
Make Payment: Complete the transaction through our secure payment gateway.
Track Your Transfer: Monitor the status of your international money transfer in real-time.

Common Purposes for Sending Money to Europe

Under the Liberalised Remittance Scheme (LRS) by the RBI, individuals can remit up to USD 250,000 per financial year for various purposes:

Education:

Pay tuition fees and living expenses for students studying in Europe.

Medical Treatment:

Cover medical expenses for treatments in European countries.

Maintenance of Relatives:

Support family members residing in Europe.

Emigration:

Manage costs associated with relocating to Europe.

Private Visits:

Cover expenses for personal travel to European countries.

Employment Abroad:

Facilitate financial requirements for taking up employment in Europe.

Essential Information for Transferring Money to Europe

When initiating a SWIFT money transfer to Europe, ensure you have the following details:

SWIFT Code and IBAN

Obtain the correct SWIFT code and International Bank Account Number (IBAN) of the beneficiary's bank.

Recipient's Bank Details:

Ensure accuracy in the recipient's name, account number, and bank address.

Purpose of Remittance:

Clearly specify the purpose of the transfer, such as education, medical treatment, or maintenance of relatives, as per RBI guidelines.

Tax Implications:

e aware of any tax implications in both India and the European country related to your transfer.

Documentation:

Maintain proper documentation for the transfer, including invoices, admission letters, or medical bills, depending on the purpose.

Ready to Transfer Money to Europe?

Experience seamless and secure international money transfers with Matrix Forex. Our RBI-approved services, competitive rates, and dedicated support ensure your funds reach their European destination efficiently.