Send Money from Kollam to Australia with TC Pay

Benefits of making a money transfer to the Australia via Thomas Cook India.

There are several benefits of making the money transfer / sending money abroad from India has this is governed by RBI under the Liberalised Remittance Scheme. According to this scheme, an individual can transfer up to CAD 250,000 for funding education, medical expenses, travel, business, leisure, or any other activities abroad. With Thomas Cook the benefits:

• Lock the exchange rate for up to 2 working days.
• We keep a track of the money you transfer.
• A simple and secure way to transfer money
• The transfers are affordable.

The speed of the transaction is one of the most significant benefits to money transfers from Kollam to the Australia. As sending a cheque in the mail can be risky, there is always the possibility that the cheque will be lost or stolen. Hence money transfers instead of cheque prevent these problems and give you an instant confirmation that your payment is completed successfully. You would pay a small, flat fee of the transfer amount (This is displayed at the time of payment) you will always get the real, mid-market exchange rate.

How to send money from Kollam to the Australia at the best rate?

For the best deal, you would also want the best option to send money from Kollam to the Australia through Thomas Cook and with the services of MoneyGram and XpressMoney, as these are currently offering the better deal you can get. The maximum amount you can send to the Australia with Thomas Cook is up to 250 000 US dollars per year to the relatives abroad for certain expenses.

4 easy steps

1. Choose your desired currency & amount

   Select currency and denomination you need to carry along

2. Enter traveler details & delivery option

   Option to choose the doorstep delivery or branch pick up

3. Make payment online

   Have multiple payment options i.e. debit card, credit card & Net banking

4. Get order confirmation

   Receipt of Forex order completion at blocked rate

Online money transfers are on the rise today. In today's ever-evolving world, boundaries are beginning to blur. Owing to globalization and digitization, people are getting global exposure along with various opportunities to study and work abroad. What's constant is the requirement of foreign exchange. The simpler than ever before, you can send money abroad or remit money to India

We at Thomas Cook firmly believe in empowering you, our customers to seize every opportunity that comes your way. Thomas Cook offers an efficient remittance service that allows you to carry out international money transfer from Kollam at the comfort of your home. That's not all. It is one of the most secure and seamless ways of sending money abroad from Kollam. Since we understand the value of time and the urgency of circumstances, the current situation we ensure that the remittance process is safe, quick, and secure and the remitted money reaches the right hands. Remittance can be done via various payment methods and it is up to you to choose the best option that suits you. To carry out a money transfer online, all you are required to do is log on to the Thomas Cook website, follow the simple steps, and your money will be transferred almost instantly. Through the intelligent technology and trustworthy network of instant money transfer services of MoneyGram and XpressMoney, we ensure to eliminate the risk of frauds from cybercrime and your money reaches the correct person anywhere in the world. Now, you do not worry about your loved ones falling short of money, all you need to do is immediately log onto our Thomas Cook website or visit our nearest Thomas Cook branch, and transfer money to your loved ones without any hassles. Read about things to know before transferring money abroad & the tips for saving money on international money transfers on Thomas Cook Blogs. You want to send money abroad, make Thomas Cook your most reliable partner.

Modes for Outward Remittance from Kollam to the Australia

There are two modes of remitting money outside of India to the Australia.

• Wire Transfer
• Demand draft

Wire Transfer

When money is needed fast like in a medical treatment case wire transfer can be an effective means to send money from Kollam to the Australia. After complying with the RBI regulations for sending remittances outside of India, Thomas Cook will transfer money to the beneficiary’s bank account. Electronic mode of transfers through swift technology is the most convenient and is fast. It delivers the intended cash with the least security threats and with no risks like demand draft mode.

Demand draft

In case of demand draft, it has to be paid under the name of - Thomas Cook India (Ltd.)

What is the Documentation Required to Send Money from Kollam to the Australia?

You will need the following documents to send money from Kollam to the Australia

• Self-declaration regarding relation with beneficiary
• Government-issued valid photo ID proof
• Valid PAN Card copy
• Signed A2 Form

Along with the documents the remitter needs to share the following information of the beneficiary:

• Beneficiary name & Address
• Beneficiary bank name
• Swift code and correspondent account
• Remitter name & Remitter account number
• Purposes of the transaction with KYC form

What are the Main Purposes of International Money Transfer from Kollam to the Australia?

The main reasons for sending money from Kollam to the Australia allowed by Thomas Cook India are as below:

• Education
• Maintenance of Close Relatives
• Medical

What could be the reasons for the delay in my fund transfer from Kollam to the Australia?

The possible reasons for the delay in remittance from Kollam to the Australia could be a delay in the international banking system due to incorrect account details preventing funds from being applied to the beneficiary account. Other Common factors influencing delay are:

• Transfer time
• Payment method
• Currency used
• Weekends and holidays
• Cut off times
• Time zone

Remittance charges/ how you get charged when you transfer money to the Australia?

There will be nominal charges for a person to send money to the Australia from Kollam will incur charges.

• Foreign bank charges will around CAD
• Goods & Services Tax
• Processing fees for Remittance Rs. 500

While making the payment there would some changes:

• Net Banking would be around Rs. 50
• Debit / Credit card would around 1% of the transaction

Please note there will be no processing fees on advance payment for the remittance, though you would need to check with the Forex expert.