Best and cheapest way to transfer money from India to Singapore?
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I am going to Singapore for MBA so I need to transfer tution fees and monthly expenses from India to Singapore............ I have to pay tution fees of SGD 28000 once And need SGD 1500 as personal expenses every month to be transfered from India to Singapore..............Please tell the most convinient way...
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Answer:
The Money can be sent to abroad countries using the following modes: 1. Wire Transfer 2. Foreign Currency Demand Draft More info here http://www.sendingmoneytoindia.com/how-to-send-money-from-india-to-malaysia-or-singapore/79/ A resident Indian can remit up to $100,000 per year towards maintenance expenses of close relatives abroad, studies abroad, emigration abroad, medical treatment abroad, and employment abroad. More info here http://www.sendingmoneytoindia.com/how-much-money-can-an-indian-remit-abroad/544/
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