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One of the easiest offline modes of sending money from a local overseas bank to an Axis Bank account in India

UK Bank Branch Transfer

 

Wire Transfer

Easiest mode of sending money to India from a local overseas bank in all major currencies.

What is Wire Transfer?
Wire Transfer is also popular as SWIFT Transfer or Telegraphic Transfer (TT). ‘SWIFT’ is a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.
Axis Bank has a vast network of routing / correspondent banks worldwide that ensure seamless connectivity amongst banks located globally. Use Wire Transfer to send funds in all major currencies from a local overseas bank to India through its vast network of correspondent banks worldwide. We support transfers in EURO currency through our network of partner banks.
List of correspondent / nostro banks Click here
Wherever you are in the world, just initiate ‘Wire Transfer’ instructions with your local bank overseas and get the funds credited to any Axis Bank account in India within 48 hours.
Send Money now
Initiate wire transfer from your local bank overseas using their online (internet banking) or offline facility mentioning Axis Bank’s correspondent bank (NOSTRO account) details. Please select currency of remittance from the drop down currency list to get the correspondent bank details:
Features & Benefits:
a. Authenticated cross border money transfer
b. Safe, Secure & Convenient way for International fund transfer
c. Used globally across banks located worldwide
d. Competitive Foreign Exchange rates
e. No minimum or maximum limits on fund transfer
f. Credit to beneficiary account within 48 hours
g. Easy to instruct for creating FCNR deposits
How to initiate International Fund Transfer in local (foreign) currency?
Visiting local (overseas) branch
1. Visit your overseas Bank’s Branch
2. Request for fund transfer in local (foreign) currency
3. Fill & submit the fund transfer application form there at local (overseas) bank
Using Internet Banking of Local (Overseas) bank
Local (overseas) bank should have the facility of International Fund Transfer through Internet Banking. Client may enquire the same with their overseas local bank.
1. Fetch the information required for Wire Transfer using ‘Simply-Wire Online Form’ Click Here
2. Login to Internet Banking of local (overseas) bank and search for appropriate option to send International funds transfer in local (foreign) currency.
3. Add recipient details using the details fetched above using ‘Simply-Wire Online Form’Click Here
4. Initiate International fund transfer in local (foreign) currency.
5. Post successful transfer a transaction initiation / confirmation receipt will be generated.
# do not opt / select any option to convert funds in INR
# keep the transaction receipt saved with you for any future references.
Mandatory information while initiating fund transfer
For hassle-free & timely processing of transaction, please share the following information with your local overseas bank:

InformationDescription
Correspondent Bank Name / Swift Code / Correspondent bank’s account numberPlease refer list of Correspondent Bank for details
Beneficiary Bank name, Address & Branch SWIFT codeProvide receiving Axis Bank’s branch name. Axis Bank SWIFT code can be mentioned as ‘AXISINBBXXX’
Beneficiary name, Account Number and Purpose of remittanceProvide the receiving (beneficiary) account details
Mention charges as "OUR"To avoid charges at beneficiary’s end

You may also use our Simply Wire Online Form
to generate the above information in one-go, which is required to initiate international fund transfer in local (foreign) currency.
For placing request for FCNR Deposits Mention beneficiary Customer-Id instead of NRE/NRO account number for opening a FCNR fixed deposit with Axis Bank. Also, mention ‘FCNR’ under remittance/sender information field to avoid funds getting converted in INR.
Schedule of Charges
a. Axis Bank does not charge anything from beneficiary other than nominal processing fees for processing Inward Wire Transfers.
b. Remitting bank / correspondent bank may levy charges for the wire transfer.
c. Foreign Currency Conversion Tax is applicable in accordance to GST Bill 2017 passed by the Government of India.
Click here for Schedule of Charges
Foreign Exchange Rates
The Card Rate prevailing on the date of credit to beneficiary’s account would be the applicable exchange rate.
Click here for Foreign Exchange Rates

Wire transfer is an offline mode of cross border transfer from your local bank overseas to your Axis Bank account in India. We support transfers in GBP currency through our network of partner banks across the world.

List of our partner bank accounts click here For'List of our partner bank accounts ' .

Why to choose bank branch transfer to send money from UK to India?

  • Customers can transfer any amount to India
  • All transactions are processed through Banking channel, thus making it the most reliable mode of receiving money in India
  • Wide range of currencies and routing bank network across the globe
  • Terms and Conditions 555 welcome offer
For smooth and timely processing of transaction, remitter needs to share the following details with their local banks.
  1. Ensure remitter name, account number and overseas address is mentioned in the payment message sent by your local bank
  2. Partner Bank name, account number and SWIFT code
  3. Beneficiary bank name as 'Axis Bank, India' & SWIFT Code as 'AXISINBBXXX'
  4. Please ensure that your remitting bank mentions your account number, name, name, address and purpose of remittance in the payment message
You may also use our Application Form to generate the information required to be submitted to your local bank in an easy-to-use format.
Refer the charge structure for Wire Transfer facility Schedule of Charges.
  1. All offline transfers will be processed at Axis Bank’s retail card prevailing at the date of processing.
  2. Transactions of value less than equivalent to INR 15 lacs will be processed in a straight through manner and credited to the customer’s account
  3. If you wish to retain the funds in foreign currency for the purpose of opening an FCNR deposit, the SWIFT message should clearly contain the word “FCNR” in Field 70/72.
  4. Your local bank, its Partner Bank and other Banks in the payment chain, if any, may levy charges for the wire transfer.
  5. As per Indian laws, Foreign Currency Conversion taxes applicable from 01 July 2017 are as under:

TRANSACTION AMOUNTVALUE OF SERVICE ON WHICH GST TO BE PAID
Less than or equal to INR 1,00,0001% of the transaction amount, subject to minimum of INR 250/- i.e. minimum GST payable is Rs. 45.
Greater than INR 1,00,000 and less than or equal to INR 10,00,000INR 1000 for exchange amount of INR 1,00,000, plus 0.5% on the remaining transaction amount.
Greater than 10,00,000INR 5,500 for exchange amount of INR 10,00,000, plus 0.1% on the remaining transaction amount over and above 10,00,000 subject to maximum of INR 60,000/-, which is capped to GST payable at INR 10,800/-.
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