7 Easy Steps to Send Money Abroad with New RBI Guidelines

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Sending money abroad has become simpler and more secure with the introduction of the new guidelines by the Reserve Bank of India (RBI). On the Muthoot FinCorp ONE website, you can effortlessly send money overseas, buy or sell Forex, reload Forex cards, and enjoy competitive exchange rates.

Let us see the benefits of Muthoot FinCorp ONE and how it aligns with the RBI's latest guidelines, ensuring a seamless and compliant process for sending money abroad.

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  • Compliance with RBI Regulations: Muthoot FinCorp ONE operates in strict adherence to the RBI's guidelines for international money transfers. This means that you can trust the platform to handle your transactions legally and transparently, ensuring that your funds are transferred securely.

  • Streamlined Process: Under the new RBI guidelines, Muthoot FinCorp ONE offers a streamlined process for sending money abroad. With simplified documentation and user-friendly interfaces, you can complete the transaction swiftly and conveniently. The platform eliminates unnecessary complexities, making it easier for individuals and businesses to meet their international financial obligations.

  • Competitive Exchange Rates: Muthoot FinCorp ONE ensures that you get the best value for your money by offering competitive exchange rates. With real-time rates and no hidden fees, you can be confident that your money will be converted at fair prices, maximizing the amount received by your beneficiaries abroad.

  • Secure Transactions: The safety of your funds is of utmost importance when sending money abroad. Muthoot FinCorp ONE prioritizes security and employs advanced encryption technology to safeguard your transactions. With multiple layers of authentication and robust security measures, your sensitive information remains protected throughout the entire transfer process.

  • Convenient Options: Muthoot FinCorp ONE offers a range of convenient options to suit your specific needs. Whether you prefer the flexibility of a multi-currency card or the convenience of cash, the platform provides both choices. You can visit a Muthoot FinCorp ONE branch to obtain physical currency or opt for a multi-currency card, which can be used at various merchant outlets and ATMs worldwide.

  • Hassle-free Reloads: For those using the multi-currency Forex card, Muthoot FinCorp ONE ensures a hassle-free reloading process. You can easily add funds to your card online or visit a branch for assistance. This feature enables you to manage your Forex requirements efficiently while enjoying the convenience of a single card for multiple currencies.

  • Global Acceptance: The multi-currency card and cash obtained from Muthoot FinCorp ONE branches are widely accepted worldwide. Whether you are traveling, studying abroad, or conducting business internationally, you can access your funds seamlessly, making payments and withdrawing cash from ATMs across the globe.

Muthoot FinCorp ONE, as an SBU of Muthoot FinCorp Limited, is a one-stop solution for your finances. With a legacy spanning over 135 years and the trust of more than 1 crore customers, you can be confident that when you are with Muthoot FinCorp ONE, you are with the best in the business.

With the new RBI guidelines in place, Muthoot FinCorp ONE emerges as a reliable and compliant platform for sending money abroad. By offering streamlined processes, competitive exchange rates, secure transactions, and convenient options, Muthoot FinCorp ONE simplifies international money transfers, empowering individuals and businesses to meet their financial obligations with ease.

Get the benefits of Muthoot FinCorp ONE and experience a seamless and compliant approach to sending money abroad.

With Muthoot FinCorp ONE, you can get Forex securely and reliably with competitive exchange rates. You can also get cash from the branch or a multi-currency card delivered to your doorstep. What’s more? You can reload your card with multi-currency hassle-free. Also, enjoy hassle-free international money transfers, anytime and anywhere.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

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