Transfer Money from UK to India | Send Money to India

Money Transfer from the UK to India

The United Kingdom is home to a significant number of Non-Resident Indians who have close family ties back home. Many of them have also invested in property and financial securities in India. As a result, they frequently need to send money from the UK to India to meet their financial obligations. Thanks to easy remittance services, money transfers from the UK to India are now effortless, especially if you have an NRE account.

At a Glance

No matter why you wish to send money from the UK to India – be it to buy a property, make a donation, pay for family expenses or settle other financial commitments – one of the easiest ways to do so is to remit it to an NRE account.

An NRE account allows you to transfer your foreign currency earnings and hold it in rupees and use the funds for local expenses. What's more is that you can freely repatriate the money in an NRE account back to the UK whenever you wish.

Inward Remittances

An NRE account comes with multiple inward remittance benefits, including:

Preferential Exchange Rates: To avail preferential rates as an NRE account holder, you can give instructions while initiating the transfer for the conversion of GBP to INR at the time of credit.
No Service Charges: DBS Bank levies no additional services charges for credits to an NRE account from abroad. Only the Fx conversion fees will be levied.
24-Hour Credit: When you transfer to a DBS Treasures NRE account, the beneficiary account gets credited within 24 hours* of DBS Bank receiving instructions.

*T&Cs Apply

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NRE Account Benefits

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Service Charges

You do not have to pay any additional service charges to receive money in a DBS Treasures NRE account.

International Funds Transfer	Service Charge
Credit to DBS Treasures Account for Inward remittance	Free
Returned funds for unapplied OTT / ITT (for inward remittance)	All INR 500 + Swift Charges

Money Transfer Options

You can choose any method of transfer available to you in the UK – be it online money transfers, wire transfers, bank-to-bank transfers, netbanking, etc. – to send money to an NRE account in India. The process may vary depending on the method you choose, but do keep your NRE account details handy.

How to Send Money to India Online from the UK

Here are the steps to send money from the UK to India seamlessly with an NRE account:

Step 1: Open a DBS Treasures NRE account remotely. Our dedicated Relationship Managers will guide you on the process.

Step 2: Log in to your local bank account and choose remittances or a similar option.

Step 3: Enter your mobile number or Customer ID. Your account details may appear automatically on the screen once you enter your mobile number or Customer ID.