Hello, I need to send a wire transfer to a firm in USA for software development. I want to know what are the documents required, Which bank is best in India. The remitance amount is huge. Thank You.
It would actually be best to do the wire transfer from the bank where you have an account at. This way all the transfer will be done from your account balance and you do not need to carry any money to the bank. If there is a refund, it can get back to your account in case the transfer is rejected. You do not need any documentation on your part but you will need to gather all the information from the one you sending the wire transfer to. If you can, go to your bank and ask for the Wire Transfer form then bring it back home and get your recipient to furnish you with the necessary data such as - Name on Account - Account Number in Bank - Name of Bank - Address of Bank - Phone number of Bank - Fax number of Bank - SWIFT and/or ROUTING Code of Bank - Branch Name - Branch Number - Intermediary Bank Name - Intermediary Bank Routing/ABA Number
Hello eddy, Thanks for your reply. I am not sure if you are from India. There is a strict documentation required for sending any wire transfers from India. ( I am not sure of the exact documentation so made this post ) I have all the bank information of the reciever.
I am not from India. I am just referring to the information required to fill in the wire transfer form. As to the permit required to remit funds, you might want to check with your bank or RBI about it.