Flywire
Fast, secure cross-border payments for tuition, healthcare, and travel.
Need to make international payments? Flywire makes cross-border transactions easy, fast, and secure - whether for tuition, healthcare, or travel, with seamless payments worldwide.
Key Features
- Fast, secure cross-border payments
- Ideal for tuition, healthcare, and travel payments
- Transparent exchange rates, no hidden fees
- Track your payment in real time
Frequently Asked Questions
Remittance for following purposes comes under capital account transactions of LRS. RRSB forex has suitable arrangements to remit money for all following purposes (subject to satisfactory documentation). For documentation requirement please refer to product - remittance section.
- Bank account abroad
- Purchase of property abroad
- Investment abroad – in shares, mutual funds and in debt
- Investment in Subsidiary or joint venture abroad
- Loan to NRI relatives
To buy currency notes or travel card for your travel abroad following documents are required.
- Application cum declaration under LRS
- Passport
- Valid visa
- Confirmed ticket
- PAN card
There are 17 purposes for which you can send money abroad through RRSB forex. There are 7 more purposes for which money can be remitted overseas as RRSB forex has referral arrangement for these. For detailed documentation requirement of each category please refer to product - remittance section.
This is part of LRS scheme (current account transactions). While Gift can be sent to foreign passport holder also, remittance for maintenance can be done for close relatives only. This is subject to satisfactory verification of remitter and supporting documents. No need of opening bank account for doing remittance under this purpose.
This is part of LRS scheme (current account transactions). While Gift can be sent to foreign passport holder also, remittance for maintenance can be done for close relatives only. This is subject to satisfactory verification of remitter and supporting documents. No need of opening bank account for doing remittance under this purpose.