Sending money abroad has never been easier or more reliable. GOFX Forex offers secure, compliant, and efficient remittance services to help you transfer funds internationally for various purposes, including education, family maintenance, medical expenses, overseas travel, business payments, and more. As a trusted forex service provider in partnership with leading institutions like Thomas Cook, we ensure every outward money transfer from India is processed quickly, legally, and transparently.
What is Remittance?
Remittance refers to the act of sending money from one country to another. In India, outbound remittance or outward remittance means transferring Indian Rupees to a foreign bank account in a different currency. Under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), Indian residents are allowed to send up to USD 250,000 per financial year for permitted purposes. GOFX Forex helps you do this through an RBI-authorized, legal, and structured process.
Why Choose GOFX Forex for International Money Transfer?
At GOFX Forex, we understand that remitting money overseas is a sensitive matter – whether it’s for your child’s university tuition, supporting family, or paying for medical treatments abroad. That’s why we’ve built our remittance services around trust, transparency, and RBI compliance. We provide competitive exchange rates, expert guidance, and end-to-end support throughout the transaction process. Our association with reputed financial partners like Thomas Cook ensures your transaction is processed through safe and verified banking channels worldwide.
Types of Remittance We Support
GOFX Forex facilitates a wide range of outward remittances. This includes payments for overseas education like tuition and living expenses, family maintenance or money sent to relatives abroad, medical treatment and hospital expenses, emigration-related payments, international tour packages, investment abroad, and gifting to family or friends. Whether you are a student, working professional, or business owner, we help you make smooth and swift transfers globally.
How Our Remittance Process Works
We follow a simple, guided process that ensures your transfer is fast and compliant. First, our remittance team evaluates the purpose of your transfer and assists you with documentation. You provide necessary KYC documents like a valid passport, PAN card, A2 form, and proof of remittance purpose such as an admission letter or medical invoice. Once verified, we initiate the transfer through our partner banks and provide you with a SWIFT confirmation for tracking. Our forex team keeps you updated until the amount is credited to the beneficiary account overseas.
Benefits of Remitting via GOFX Forex
With GOFX Forex, you enjoy complete transparency, competitive forex rates, and no hidden fees. We guide you at every step, from documentation to confirmation, ensuring zero confusion. Our strong banking network and partnership with Thomas Cook allow faster transfers with compliance to RBI norms. Whether you need to make a one-time remittance or regular transfers abroad, our team ensures your money reaches safely and legally.
Exchange Rate Advantage
When sending money abroad, the exchange rate plays a critical role in determining the value received by the beneficiary. GOFX Forex offers better rates compared to many traditional banks. Our real-time currency monitoring ensures that your transfer happens at the most favorable conversion rate. We also provide instant rate locking to avoid fluctuations after order placement.
Who Can Use Our Remittance Service?
Our remittance service is ideal for students heading abroad for studies, parents sending money for family maintenance, businesses making international payments, patients seeking overseas treatment, and individuals paying for emigration or tour packages. As long as the transfer falls within the limits of the Liberalised Remittance Scheme and the purpose is permitted, we are here to make the process easy, legal, and affordable for you.
Required Documents for Remittance
For compliance and verification, we require the sender’s PAN card, a valid passport, and an A2 form declaring the purpose of the remittance. Depending on the category, we may also require additional documents like admission letters for students, invoices for medical treatment, or proof of relationship for family maintenance. Our experts will help you prepare and submit the documents correctly to avoid any delays.
Partnering with Trusted Institutions
GOFX Forex processes remittance transactions in collaboration with licensed AD-II category banks and forex giants like Thomas Cook. This partnership allows us to offer you not only better exchange rates but also a globally recognized and trustworthy channel for outward money transfers. We follow all RBI regulations strictly to ensure that your funds are handled legally and with complete security.
Frequently Asked Questions (FAQ)
Conclusion
Whether you're supporting a loved one abroad, investing internationally, or making tuition payments for your child's education, GOFX Forex is your trusted partner for fast and legal money transfers. Backed by RBI compliance, experienced professionals, and partners like Thomas Cook, we deliver a transparent, stress-free remittance experience. Contact GOFX Forex today and let our team guide you through every step of your international money transfer journey.