scorecardresearchSending money abroad? key things to keep in mind

Sending money abroad? key things to keep in mind

Updated: 06 Sep 2022, 09:50 AM IST
TL;DR.
If you want to send money abroad for a variety of purposes, there are numerous options available. We shed light on the range of nuances that entail the process of remitting money
There is a limit of $2,50,000 set by RBI for sending money abroad in one year under the Liberalised Remittance Scheme (LRS)

There is a limit of $2,50,000 set by RBI for sending money abroad in one year under the Liberalised Remittance Scheme (LRS)