Send money abroad in a secure and convenient way. Axis Bank offers Outward Remittance facilities enabling you to remit money abroad through reliable and quick transactions.
Send money abroad for reasons more than one: education, medical purpose, gifting, maintenance for loved ones or donation for a cause. Our extensive network gives you the reach to most parts of the world. View our correspondent banking network, please Click Here.
The products available for Outward Money Transfer are:
Transfer through Wire Transfer
Axis Bank enables you to transfer funds to your beneficiaries through the most efficient channels, which are available from the bank. We facilitate quick and easy transfer of your funds by assuring complete security.
The Wire Transfer (SWIFT message) is a highly secure and efficient method of fund transfer. We have arrangements with over 200 major banks across the globe to send SWIFT messages which ensures secure and safe remittance to any place of your choice.
- Transfer Through Telex
If SWIFT facilities are not available to the place you are remitting funds, you can also transfer funds through tested telex messages. We have test key arrangements with major banks across the globe.
- Partner Banks
Our correspondent banks worldwide are geared to make remittances and banking arrangements an easy proposition. For more details, please Click Here.
Transfer through Foreign Currency Demand Drafts
- Axis Bank now provides you the facility to avail a Demand Draft in the foreign currency, from India itself.
- You can send the Demand Draft to the beneficiary, who receives payment from drawee bank on presenting the draft.
Features:
- Low cost: Now, you can save your money by opting for foreign currency demand drafts.
- Freedom from dynamic exchange rates: Now you can save yourself from the risk of varying exchange rates as the demand draft issued to you is in the Foreign Currency. Hence, no risk of exchange rates changing after you have taken the draft.
- Faster and hassle free transfers
- Knowledge of the final amount: You can get to know the final amount (in the particular currency) that would be provided to you in the country where the funds are to be remitted. No matter what happens to the exchange rates, your final amount will remain unaffected
For information on the exchange rates, please visit the nearest Axis Bank branch.