ttransferring large amount of money from india

enfield1212 · Mar 3rd, 2009, 16:57

Hey guys

I've been living overseas for the past 5 years and last month I sold a property in india.I am currently in india and i want to transfer it to newzealand.the amount is around 30lakhs.
Whats the best possible way to do it ?

Cheers
Sunil

Nick-H · Mar 3rd, 2009, 17:26

Stuff your pockets with cash...

Just Joking!!!! people do try it, and, as with any smuggling, they also get caught and loose the lot

... You will have to do it through banking channels, so I think it is best to seek the advice of your bank on this.

triliana · Mar 25th, 2009, 13:07

You can wire it out but you have to fill out all these amazing forms before you do. They have to make sure you're not a terrorist. Don't try to do anything on the phone. Make an appointment, dress nice, and go see an account manager. Yes, you will have to fill out the forms like everyone else but at least they can answer your questions while you do it.

Mar 3rd, 2009, 16:57	#1
enfield1212 Member Join Date: Mar 2009 Location: gurgaon Posts: 1	ttransferring large amount of money from india Hey guys I've been living overseas for the past 5 years and last month I sold a property in india.I am currently in india and i want to transfer it to newzealand.the amount is around 30lakhs. Whats the best possible way to do it ? Cheers Sunil

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Amount of cash allowed into India	suneh	Money Issues and India Travel	4	Aug 9th, 2009 16:26
Delhi Airport money exchange: is there a maximum $ amount?	Mordeep	Delhi	7	Oct 16th, 2008 12:35
Transfering large sums of money	Shaktipalooza	India Expat Area	28	Jul 3rd, 2007 11:55
Best amount of time for India?	Carolina	India Travel Itinerary Advice	5	Oct 31st, 2006 00:23
Need info about amount of money to bring to india.	opensea	Chai and Chat	8	Jun 17th, 2004 17:46

Mar 3rd, 2009, 17:26	#2
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,189	Stuff your pockets with cash... Just Joking!!!! people do try it, and, as with any smuggling, they also get caught and loose the lot ... You will have to do it through banking channels, so I think it is best to seek the advice of your bank on this.

Mar 25th, 2009, 13:07	#3
triliana Member Join Date: May 2008 Location: Texas Posts: 67	You can wire it out but you have to fill out all these amazing forms before you do. They have to make sure you're not a terrorist. Don't try to do anything on the phone. Make an appointment, dress nice, and go see an account manager. Yes, you will have to fill out the forms like everyone else but at least they can answer your questions while you do it.