International CurrencyCreate an OFX account and get a live INR exchange rate quote for your transfer.
Gather your recipient’s name, address, and account number, their bank name and branch, SWIFT code, and IFSC (Indian Financial System Code).
Enter banking details for yourself and your recipient.
Whether you need to send money to India from Australia for professional or personal reasons, you can use OFX to transfer your funds at competitive exchange rates. OFX will ensure your money is sent securely and swiftly by combining trustworthy 24/7 service with technology that makes it a snap to send money abroad.
Sending money online via the OFX website, or via the OFX mobile app, is a great alternative to banks that typically charge high margins and fees. Unlike banks, OFX uses live exchange rates, which helps you save money whenever you need to send money to India.
Another perk that comes with using OFX: you won’t even need to leave the house to make a transfer. Plus, whenever it’s possible to do so, we send your funds via local banking networks in order to expedite your transfer for even faster service.
There’s no limit placed upon how much money you can send to India from Australia.
You can transfer money to any bank within the NEFT (National Electronic Funds Transfer) network throughout India.
Money transfers from Australia to India will typically only take about 3-5 business days.
You can choose to submit a one-time transfer, or you can set up recurring transfers to send money on a schedule.
There are several options that make international transfers even easier. For example, you could set up a Forward Contract to lock in your preferred exchange rate for up to 12 months. Or you could set up a Limit Order to be notified when your target exchange rate has been triggered.
Transferring money even while you’re on the go is easy with the OFX mobile app. Download it to be able to make single transfers, track all of your transfers, keep track of historical and current exchange rates, and receive push notifications when your preferred rate is reached.
So go ahead and send that gift to your friends or family abroad, invest in that business opportunity, or purchase that real estate you fell in love with during your holiday in Delhi. We’ll be here to help.
Learn more about the factors that influence the INR exchange rate.
Reading Time: 2 mins
Reading Time: 5 minsDate: 13.02.2017 Author: Adam Smith
Reading Time: 2 mins
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