Send Money to China From India

Send Money From India to China

SEND MONEY FROM INDIA TO CHINA The number of people travelling to other countries is steadily increasing. It could be for schooling, emigration, medical care, or even settling abroad. You may also find yourself in a scenario where you need to send money to family or relatives in another country. We hope that this essay will assist you in properly preparing for any such situation. The service provider is the most significant factor to consider when making money transfer arrangements. remitforex can help you in international remittances most safely and securely possible, thanks to RBI authorization and years of experience.

Transfer money from india to china – remit forex

Transfer By Swift:

SWIFT (Society for Worldwide Interbank Financial Telecommunication) Transfer: The most popular method of international money transfer is through the SWIFT (Society for Worldwide Interbank Financial Telecommunication) network. The SWIFT network is an electronic messaging system. This network is used to transfer data from one bank to the next. remitforex, an online platform of Unimoni and RBI-approved Authorized Dealer, has agreements with central banks worldwide to receive SWIFT communications, ensuring safe and secure outward remittances from India.

Purposes Permitted

An agent must obtain RBI authorization before remitting funds for international money transfers. The following are the most popular RBI-approved purposes:

  • Overseas Education.
  • Overseas employment.
  • Fees for emigrating.
  • Fees for visas.
  • Maintenance Close Relatives.
  • Medical care.
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International Money Transfer Paperwork and Limits

The RBI allows money transfer agents to conduct international money transfers by collecting relevant documents and guaranteeing transaction authenticity. The reason for the transfer mainly determines the documentation needed for an international money transfer. The following is a list of the essential documents necessary for money transfers:

  • Form A2.
  • Copy of your PAN card.
  • Other documentation of remitter and beneficiary (based on purpose).

Under the Liberalized Remittance Scheme, the Reserve Bank of India set specific limits for overseas money transfers from India (LRS). A resident Indian can send up to USD 2,50,000 abroad in a fiscal year. If you need an exception exceeding this limit, you must first obtain RBI approval.

Get Free Assistance

remitforex provides a hassle-free remittance service.

You would be more concerned about the security of your money transfers in the case of international remittances. remitforex can ensure that money is credited to the beneficiary account on time using legitimate and regular procedures. Furthermore, we can provide you with the best rate for fund transfers with the most nominal transaction fees. If you need to send money internationally from India, particularly from India to China, please contact us by visiting and submitting a query, or by contacting us at the toll-free number 1800 102 0555 or emailing us at

Frequently Asked Questions

The maximum limitation of funds that can be transmitted abroad by an Indian citizen – As per the Liberalized Remittance Scheme, a resident individual has the structure to transfer money abroad to the limit of USD 2,50,000 per economic year (approx INR 1.8 crore, study today's USD exchange rate in India).

There is no limitation on the remittance amount and the number of remittances. Yet, there is an upper cap of Rs. 15.00 lakh for trade-related dealings) Am not sure about this point.

China is the very populated nation on the earth. SWIFT is the fastest and safest mode of transferring funds from one country to another. With SWIFT remittances via an Authorized agent, one can meet economic troubles without any difficulties.

There's no legal limitation on the number of yuan people can send to China. But Chinese residents do have a restriction on the amount of converted or bought foreign currency per year — 2.5 lakhs USD. As we wrote down above, the limit also applies to money being sent out of China.

Any of these papers listed below are needed depending on the purpose of remittance.

  • Govt printed photo ID verification of the sender (Passport/Voter’s ID/Aadhaar Card)
  • PAN card replica of the sender
  • Filled A2 Form cum statement with signed by the sender
  • Purpose proof (University letter/Prospectus) stating the payment to be shared and account details (for tuition fee payments only)
  • Inheritor passport copy (for supervision of close family & gift remittance only)
  • Beneficiary Name & Address (as given in bank)
  • SWIFT Code
  • Beneficiary Bank Details.