Send Money to France From India

Send Money Abroad From India to France

SEND MONEY ABROAD FROM INDIA TO AUSTRALIA Sending money from India to France is becoming more common these days. When a person from India travels to France for various purposes such as leisure, education, and health care, international money transfer from India to France has become an unavoidable factor. So, if you require an international money transfer, keep in mind that learning about the many components of the money transfer before remitting the money can make it easier and simpler. As a result, here is a list of procedures and data that you will need if you decide to send money internationally from India to France.

Transfer money from india to France – remit forex

Documents you need to send money from India to France

  • PAN card of remitter
  • Other KYC as per the purpose of your transaction

Please keep in mind that a PAN card is required for any international transaction originating in India. So, if you're sending money overseas, be sure the sender has a PAN card so that you can complete the transaction smoothly.

Note these points for a risk-free International Money Transfer from India to France.

The following are crucial considerations to make when sending money:

  • While making an international money transfer from India to France, choose an authorized service provider who holds one of the RBI's licenses, such as AD I, AD II, or FFMC.
  • The RBI has imposed several restrictions and recommendations on anyone receiving money from India under the Liberalized Remittance Scheme. A resident individual has the authority to remit up to USD 250,000 each fiscal year for various authorized purposes in another country.
  • Attempt to gather as much information as possible on the most recent currency exchange rates and other service charges to carry out a seamless and cost-effective method of sending money abroad from India to France.
  • When making an international money transfer from India to France, double-check the foreign exchange rates first and proceed with the transaction. Because foreign exchange rates fluctuate frequently, it is critical to examine the rate before selecting a service provider, mainly if the amount is considerable.
  • The services of authorized money changers rely on the Reserve Bank of India's approved standards and regulations, frequently established with customers' best interests in mind. As a result, such service providers are reliable and secure for international money transfers from India to France. They will also give you services for a small transaction cost.
  • It's often a good idea to seek guidance from a currency specialist to aid you with the fundamentals and other know-how and reasonable money transfer methods.
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What is the best way to send money internationally from India to France?

If you need to send money internationally from India, particularly from India to France, please get in touch with us by visiting our website and submitting an inquiry, or by calling us at 1800 102 0555 WhatsApp us at +91 8129922232 or email us at You can also go to a remitforex –Unimoni location in India for a hassle-free and quick transfer.

Frequently Asked Questions

  • Fee Amounts to Universities or Colleges in France
  • Living Expenses of students in France
  • Remittance by tour operators to agents/hotels in France
  • Overseas Employment
  • Close relatives maintenance
  • Medical Treatments Abroad
  • Fee for participation in conferences or training
  • Movie making
  • Government distributed photo ID proof of the money remitter.
  • PAN card copy of the sender
  • Duly filled A2 application form cum declaration with customer signature
  • Name of the Beneficiary Bank, Swift Code, and Correspondent Account Number
  • Name and Address of Beneficiary (as given in bank)
  • KYC requires the remitter's name, account number, and transaction purpose.
  • A2 form completed and signed cum declaration.

All remittances over INR 7 lakh will be subject to a 5% TCS (tax collected at source) under the RBI's Liberalized Remittance Scheme, according to the new rule (LRS). The Finance Act of 2020 notified the implementation of Tax Collected at Source on March 27th, 2020, with effect from October 1st, 2020.

It's important to remember that TCS (tax collected at source) only applies to payments above INR 7 lakh in a fiscal year, not the total amount. TCS will apply a 5% rate to the extra INR 3 lakh if you transfer INR 10 lakh in a financial year, resulting in a tax of INR 15,000.

On remittances for the purpose of foreign study, TCS will apply at a rate of 0.5 percent, but only if the amount sent is the result of a loan from a financial institution. Consider the case below: INR 15 lacs is the whole amount. TCS of 0.5 percent will be applied to Rs. 8,00,000 (after deduction of Rs. 7 lac) and the tax collected will be Rs. 4000 in this scenario..

You can transfer your money online to France using your debit card and credit card. However, double-check that you understand all of the processing fees before making payment. You can pay for your transfer to France via an online money transfer provider to avoid paying high fees.

A bank transfer from India to France can take up to 48 hours to complete. The funds are occasionally credited within 24 hours of the transfer.

Indians can send up to $250,000 (or its equivalent) per person per year to France under the RBI's LRS policy. You can send money to France using either an online transfer or a demand draft.

There is no minimum amount as such set by remitforex or the banks involved in the international money transfer