TMB Outward Remittance Services

Effortless international money transfers for personal, business, and compliant financial needs

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Transfer funds to universities, hospitals, suppliers, and individuals worldwide

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Processed through SWIFT with RBI-compliant verification

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Education, travel, medical expenses, maintenance, investments (as permitted), and business payments

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Clear fee structure with competitive forex conversion rates

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Overview

TMB's Outward Remittance services enable individuals and businesses to transfer money abroad quickly, securely, and as per RBI's Liberalized Remittance Scheme (LRS) and FEMA guidelines

 
Product Highlights

Outward remittances through TMB are designed to be customer-friendly, transparent, and highly reliable. The service simplifies international transactions by providing access to competitive exchange rates, quick turnarounds, and personalized guidance at every step

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Features and Benefits

TMB's outward remittance facility offers a comprehensive and secure platform for sending funds overseas. Customers benefit from competitive exchange rates, reduced processing delays, and the support of a trained forex team to guide them through eligibility, documentation, and purpose validation

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Eligibility

Outward Remittances at TMB are available to Resident Individuals, Proprietorships, Partnerships, Companies, and other eligible entities permitted under FEMA and RBI guidelines

Allowed remittance purposes & limits

Know the maximum permissible amounts you can remit abroad under RBI's guidelines for each approved purpose

Outward Remittance Limits

Remittance Type arrow_downwardAmount (USD) arrow_downward
Business Trip250,000/-
Studies Abroad250,000/-
Tourism / Year250,000/-
Employment250,000/-
Immigration250,000/-
Gift / Donation per remitter / Donor250,000/-
Medical treatment abroad250,000/-

Frequently Asked Questions

Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account

Outward remittance refers to transfer of funds from India to beneficiaries abroad.

Outward remittance refers to transfer of funds from India to beneficiaries abroad.
Eligible individuals businesses and entities can avail outward remittance subject to FEMA regulations.

Eligible individuals businesses and entities can avail outward remittance subject to FEMA regulations.
Permitted purposes are governed by FEMA and RBI guidelines.

Permitted purposes are governed by FEMA and RBI guidelines.
Documents depend on the nature and purpose of remittance as prescribed.

Documents depend on the nature and purpose of remittance as prescribed.
Charges are applied as per the bank’s schedule of charges.

Charges are applied as per the bank’s schedule of charges.
Outward remittance refers to transfer of funds from India to beneficiaries abroad.

Outward remittance refers to transfer of funds from India to beneficiaries abroad.
Eligible individuals businesses and entities can avail outward remittance subject to FEMA regulations.

Eligible individuals businesses and entities can avail outward remittance subject to FEMA regulations.
Permitted purposes are governed by FEMA and RBI guidelines.

Permitted purposes are governed by FEMA and RBI guidelines.
Documents depend on the nature and purpose of remittance as prescribed.

Documents depend on the nature and purpose of remittance as prescribed.
Charges are applied as per the bank’s schedule of charges.

Charges are applied as per the bank’s schedule of charges.