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Enjoy a wide range of benefits on international money transfer from India on BuyForex.
- Best exchange rates: Get the lowest rates on your outward remittance from India.
- Doorstep collection of documents: Enjoy the convenience of doorstep pickup of your documents in India.
- Fast remittance service: Complete your transaction online in a matter of minutes.
- Hassle - Free and convenient: Meet the financial needs of your child studying overseas without stepping out of your home.
Ebix Payment Services Pvt. Ltd. provides a range of services for international remittance, inward money transfer, and domestic money transfer. Our customers have the flexibility to send and receive money based on their specific needs and requirements.
Send Money from India:
For those looking to send money from India, we cater to various segments such as students pursuing education abroad, travel agents sending tour charges to suppliers, and individuals sending remittances to relatives overseas. These transactions are regulated under the 'Liberalized Remittance Scheme' of the Reserve Bank of India (RBI).
We provide assistance with outward remittance for a variety of purposes:
Education: Sending money to universities or the student's account for educational expenses, remittance under educational tie-up agreements with foreign universities, payment of examination fees in India and abroad, additional score sheets for exams like GRE and TOEFL, as well as for employment purposes. Ebix Payment Services Pvt. Ltd. is the authorized partner for Western Union for transferring payments to university accounts.
Employment & Emigration: Remittance for employment-related purposes, including fees for employment processing and emigration/emigration consultancy services, as well as skills/credential assessment fees for individuals planning to migrate.
Conferences and Competitions: Fees for participating in global conferences, specialized training programs, international events, and competitions.
Tours and Travels: Remittances by tour operators/travel agents to overseas agents/hotels; remittances for travel arrangements such as accommodation based on the traveler's request (for personal travel) or based on corporate requests when employees travel abroad on business purposes.
Registration/Visa fees: Fees related to visas, processing of documents required by governments; registration/subscription/membership fees to international organizations.
Others: Remittances related to medical treatments, film shooting projects, etc.
Receive Money from Aboard in India
Ebix Payment Services Pvt. Ltd. has established itself as the leading provider of inward remittances in India, managing an impressive 78% of the total market share. Through our extensive network of locations, we facilitate these transfers in collaboration with renowned Money Transfer Operators (MTOs) such as Western Union, MoneyGram, Ria Money, Transfast, Instant Cash, and Xpress Money.
It is worth noting that we have a significant majority share of the business from Western Union - the largest MTO in the industry.
With a gross annual remittance (inward) business of $7.02 Billion (pre-covid), Ebix Payment Services Pvt. Ltd. has solidified its undisputed leadership position in India's remittance sector.
Send Money within India
Ebix Payment Services Pvt. Ltd. is a reputable and well-established player in the field of Domestic Money Transfer (DMT). With our extensive network of 650K touch points, we provide a hassle-free way for individuals to send money back to their families, especially those who are unbanked or underserved.
We understand the importance of timely financial support for families, which is why we offer instant fund transfers through our secure platform. With every 5th non-banking DMT being executed by Ebix Payment Services Pvt. Ltd., you can trust us to deliver your money quickly and efficiently.
Our services come with several advantages.
Firstly, your remittance is sent instantly, providing peace of mind and ensuring that your family receives the support they need without delay. You will also receive an instant confirmation via SMS, giving you reassurance that your transaction has been successfully completed.
At Ebix Payment Services Pvt. Ltd., we prioritize the safety and security of every transaction. We have implemented robust measures to protect your funds during the transfer process, giving you confidence in our service.
Services Available to customers (Remitters)
To make transactions even more convenient, we utilize mobile number identification for remitters. This simplifies the registration process and ensures that you can easily send money using just your mobile number. For those who wish to upgrade their registration to Full KYC status, higher limits are available for enhanced flexibility.
Our range of services goes beyond basic fund transfers. We provide options for modifying mobile numbers, registering beneficiaries, inquiries about transactions, refunds in case of failed attempts, complaint management, and more. Our goal is to make every step of the money transfer process as smooth and efficient as possible.
