Send your money globally without
stress
Simple, fast & Secure
transactions
Built for every global need
Made for students, families, travellers, travel agents and SMBs.
Smart compliance, handled for you
A2, LRS & TCS handled automatically, so you never deal with paperwork or confusion.
Transparent pricing you can trust
Real-time exchange rates with zero hidden fees so you know exactly what you pay and what they receive.
Everything you need
for transaction
Multiple Payment Options
Flexible funding through UPI, net banking or NEFT/RTGS
Licensed AD-II Banks
Enjoy auto-managed LRS/TCS tracking, Form A2 generation, and seamless compliance.
Paperless Onboarding
Join instantly with digital KYC and a completely paper-free setup.
Bank-Grade Security
Protected by 256-bit encryption and RBI-compliant systems for total safety.
Dedicated Dashboard
Get a complete overview of all transfers with real-time tracking and insights.
Supported & Seamless
Mobile-first design, 24/7 Indian support, and live updates for every transaction.
Make a global transfer
in 5 Mins
Step 1 : Enter Transfer Details
Select the destination, amount, and purpose — see live FX rates and fees instantly.
Step 2 : Complete Digital KYC
Verify your identity online in minutes — quick, paperless, and secure.
Step 3 : Add Recipient Details
Enter international bank details or choose from saved recipients.
Step 4 : Pay Securely In INR
Send money via UPI, net banking, or NIFT/RTGS and will handle the A2 form and declarations automatically.
Step 5 : Track Your Transfer
Track your transfer in real-time and get notifications until the money reaches your recipient.
Frequently Asked
Questions
As per Government of India rules, GST is charged when you convert one currency to another, whether you are buying, selling, or sending money abroad.
The GST amount depends on how much currency you are exchanging:
| Currency Amount | GST Charged |
|---|---|
| ₹1 – ₹25,000 | ₹45 |
| ₹25,001 – ₹1,00,000 | ₹45 + 0.18% |
| ₹1,00,001 – ₹10,00,000 | ₹180 + 0.09% |
| ₹10,00,000 & Above | ₹990 + 0.18% |
The maximum GST that can be charged is ₹10,800.
TCS (Tax Collected at Source) applies if your total foreign remittance in a financial year exceeds ₹10 lakh. Here are the current rates:
| Type of Remittance Abroad | Present TCS Rate |
|---|---|
| For Education | 5% on the amount above ₹10 lakh |
| For education funded through a bank loan | 0% |
| For all other purposes | 20% on the amount above ₹10 lakh |
TCS is collected during the transaction and can be claimed back while filing your income tax return, if applicable.
Nostro charges are small fees deducted by overseas banks while processing your international money transfer. When you send money abroad, the transfer may pass through one or more foreign banks before reaching the recipient's bank account. These intermediary banks sometimes deduct a service charge from the transfer amount. This deduction is called a Nostro charge.
In some types of transfers, you may see an option to choose who will bear the Nostro charges. In other cases, this option may not be available. This depends on the purpose of remittance and banking regulations.
- For certain categories, regulations allow flexibility, so you can choose whether you (the sender) or the recipient will bear any intermediary bank charges.
- For other categories, banks may follow fixed charge structures as per compliance rules. In such cases, the option to choose is not available.
The availability of this option depends on the remittance purpose, banking guidelines, and partner bank policies.
Even if you choose to bear Nostro charges, sometimes a small amount may still be deducted before the money reaches the receiver. This can happen because:
- The transfer may pass through multiple intermediary banks.
- Some foreign banks apply additional charges that are outside the control of Remitwise or our partner banks.
- Certain countries or banking corridors have mandatory local processing fees.
While choosing to bear Nostro charges reduces the chances of deductions, international banking networks are not always fully predictable. Any additional deduction is applied by intermediary or receiving banks, not by Remitwise. If the deduction seems unusually high, you can contact our support team, and we will help investigate the transaction.