In this era of globalisation, we all have relatives scattered across the world. Foreign education is also becoming increasingly popular. Want to transfer funds to your children as they pursue their education? Or gift a loved one some funds? digibank Remit makes it easy for you to transfer money from India to Australia. With digibank, it is rapid, paperless and hassle-free.
Key benefits of online overseas transfer:
If you initiate the transaction process before the cut-off time (check table), your money will be delivered within 24 hours.
There are no fees when you transfer money from India to Australia. The recipient of the funds will not be charged either.
We offer economical exchange rates when you transfer money to Australia and other countries.
We ensure the delivery of the entire credit amount to your beneficiary when you transfer money from India to Australia.
Through digibank Remit, we offer money transfers to over 200 countries; we don't charge any handling fees for transfers to many of these. If you want to send money from India to Australia in AUD, the bank fee is zero, as are the agent charges. GST will be charged on your transaction when applicable.
When you send money from India to Australia, it will reach the recipient within the day. digibank offers this facility for the transfer of funds to numerous other countries if you initiate transfers before the deadline. The cut-off time varies from country to country.
To transfer money from India to Australia, you need to do so before 9 AM (IST). In case you do not manage to initiate the transfer before the cut off time for that day, there is no cause to worry. It will just be delivered on the next working day.
Country | IN (IST) Time for same-day transfer |
---|---|
USA (in USD) | 2:00 PM |
Australia (in AUD) | 9:00 AM |
UK (in GBP) | 2:00 PM |
Eurozone (in EUR) | 2:00 PM |
Hong Kong (in HKD) | 1:30 PM |
Singapore (in SGD) | 2:00 PM |
Canada (CAD) | 2:00 PM |
If you need to transfer money from India to Australia in some other currency, you can do that as well. It will just take a bit longer. If you initiate the transfer in a non-local currency (before the cut-off time), it will be transferred in 1-3 working days.
Open your digibank savings account in just a few minutes.
Log in to digibank ibanking, go to 'Pay & transfer' and then 'Overseas Transfer'.
Add bank details of your new payee, or click on 'Start a transfer' if you had added your payee earlier. After successful processing, you will receive confirmation through email and SMS.
After you log in, you will be required to add details of your new overseas payee like their full name, account number, bank details before a payment can be initiated. For security reasons, the confirmation of a new payee is done following these steps:
It is advisable to download digibank app and log into it at least once before adding the new payee.
No, remittance overseas is not allowed on a mobile app by Indian law at the moment. You can initiate a transfer from your mobile by opening our Internet Banking page.
No paper documents are needed for this process since all the relevant details and declaration are gathered digitally. Please go through the terms and conditions thoroughly before agreeing to them.
You can send money to Australia for any of the following purposes: