Money Transfer From Middle East

Our Money Transfer services offer

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About Money Transfers

Simplify Remittances from the Middle East to India
Sending money from the Middle East to India is crucial for staying connected with loved ones, seizing new opportunities, and facilitating essential business transactions. HDFC Bank ensures your transfers are not only fast and secure but also hassle-free. Take advantage of HDFC Bank’s reliable remittance solutions to support your financial goals seamlessly.

Key Services for Money Transfer from the Middle East

IndiaLink

  • Easily remit money to India through our partner exchange houses.
  • Select either direct credit to the beneficiary's account or issuance of Demand Drafts for fast and reliable fund transfers.

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IndiaLink

Telegraphic / Wire Transfer

  • Use our telegraphic/wire transfer service to send funds from your local bank to the beneficiary's HDFC Bank account in India via our global network of Correspondent Banks.

Please note: Remittances in Turkish Lira (TRY) and Euro (EUR) involving Royal Bank of Scotland (RBS) after December 28, 2015, will not be processed as our partnership with RBS concluded on December 31, 2015.

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Telegraphic / Wire Transfer

DirectRemit to India

  • Transfer money from UAE to India through DirectRemit - Emirates NBD's innovative remittance service.
  • With HDFC Bank as its processing partner in India, Emirates NBD offers DirectRemit for instant transfer of funds in INR to HDFC Bank accounts. 
  • Transactions are completed within 60 seconds using Emirates NBD Online Banking or Mobile Banking Application, providing convenience whether at home or in the office.

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DirectRemit to India

Funds Transfer

  • Transfer via Cheques/Demand Drafts/ Traveller's Cheques
  • Choose a reliable and proven way to transfer funds by sending cheques or Demand Drafts to your branch in India, including a letter of instruction with the beneficiary account number.

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Funds Transfer

Fees & Charges

Foreign Exchange Transactions:

Remittance Outward-

  • Up to USD 500 or equivalent: ₹500 (flat)

  • Above USD 500 or equivalent: ₹1,000 (flat)

Remittance Inward- No Charge

Other Foreign Exchange Transactions:

  • FCY Cash - Selling: No Charge

  • FCY Cash - Encashing: No Charge

Click here to know more about the fees and charges.

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Frequently Asked Questions

When money is sent from the Middle East to India, the tax implications depend on the recipient and the purpose. If the sender is a family member, the money is generally tax-free. According to the Income Tax Act, a 'relative' includes the spouse, brother and sister of self and spouse, brother or sister of parents or parents-in-law, any lineal ascendant or descendant of self or spouse, and the spouse of any of these relatives. However, for non-relatives, amounts over ₹50,000 received in a year are taxable as income.

When transferring money from the Middle East to India through HDFC Bank, the maximum limits vary based on the transfer method. Here is the transfer limit via DirectRemit.

  • Minimum amount of transfer: AED 100
  • Maximum amount of transfer:
    • Personal Banking: AED 200,000
    • Priority Banking: AED 400,000
    • Private Banking: AED 500,000

HDFC Bank offers several remittance methods for sending money from the Middle East to India, each with unique features:

  • IndiaLink: Enjoy instant credit to your HDFC Bank account or other bank accounts within 2 hours (subject to NEFT/RTGS cut-offs).
  • DirectRemit: Transfer funds in INR to India with credit within 60 seconds to HDFC Bank accounts using Emirates NBD Online Banking or Mobile Banking Application.
  • Cheques/Demand Drafts/Traveller’s Cheques: Opt for the reliable and time-tested mode of funds transfer.

Sending money from the Middle East to India offers enhanced convenience and speed. It enables individuals to support family members quickly and businesses to perform transactions efficiently. With competitive exchange rates and rapid transfer processes, these services ensure smooth and reliable cross-border financial transactions.