Transfer
money abroad, cost-effectively.

  • Send money to 30+ countries in less than 12 hours.
  • Track your money at each step.
  • Earn rewards with each transaction.

Send

INR

Receive

    Transfer fee ZERO
    Exchange rate 1.00 INR =

    The INR amount does not include taxes.

    Why use Vested Remit for your next transfer?

    Fast

    Money transferred to beneficiary in less than 12 hours.

    Cost-effective

    No fixed fees. One of the best FX rates for conversion.

    Reliable

    We have processed $200 million in money transfers to date

    Easy

    Initiate a transfer in 3 simple steps.

    Compliant

    Get all your TCS documentation in one place.

    Easy transfer process

    01 Step

    Sign up

    Sign up and complete a one-time digital verification process

    02 Step

    Remit

    Check the conversion amount, enter beneficiary details and transfer INR using netbanking

    03 Step

    Track

    Track the transfer status at each step.

    Which countries can I transfer money to?

    What purpose can I send money for?

    Each purpose requires a supporting document. Please check the FAQs below and keep the document handy.

    Education

    Travel

    Self-transfer

    Health services

    Family maintenance

    Gift & donations

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    early access to Vested Remit

    FAQs

    What is Vested Remit?

    Vested Remit is an international money transfer service that allows you to send money abroad for non-investing purposes like education, family maintenance, travel, etc in a fast, secure and cost-effective way.

    Is Vested Remit safe?

    Vested Remit has partnered with SBM India, an RBI regulated bank for the money transfer. We follow rigorous verification procedures and keep your funds safe and traceable. We have together processed USD 200 million in money transfers to date.

    For what purposes can I transfer money abroad?
    1. Maintenance of relatives
    2. Education
    3. Travel
    4. Health
    5. Gift/Donations
    6. Self-transfer to US bank account
    What are the documents required for Vested Remit transactions?
    1. Maintenance of relatives- Proof of relationship as applicable
    2. Education – University Admission letter
    3. Travel – Travel documents (Tickets/Hotel receipts)
    4. Health – Medical invoice
    5. Gift/Donations – Reason for gifting
    6. Self-transfer – 12-month bank statement or ITR
    Are these documents required each time?

    No. You need to share the documents only once per beneficiary.

    What are the transaction limits under Vested Remit?

    Standard Liberalized Remittance Scheme (LRS) limit of USD 250,000 in a financial year with the following sub-limits:

    1. Maintenance of relatives – USD 50 to USD 25,000
    2. Education – USD 50 to USD 25,000
    3. Travel – USD 50 to USD 5,000
    4. Health – USD 50 to USD 25,000
    5. Gift/Donations – USD 50 to USD 500
    6. Self-transfer – USD 50 to USD 25,000
    How long does it take for the funds to be deposited in the beneficiary’s account?

    Funds sent using Vested Remit will typically take 12-36 hours post approval to get deposited in the beneficiary’s account. This excludes bank holidays and weekends.

    Are Vested Remit transactions subject to TCS?

    A 5% TCS will apply to all remittances over INR 7 lakhs as per the revised Liberalized Remittance Scheme (LRS)

    What are the documents required for self-transfer transactions?

    Self-transfer transactions require the creation of a savings bank account with SBM India (Vested Direct). It is a completely digital account opening process that requires your PAN number and consent to download your C-KYC information.

    What if I have an existing SBM account?

    You can still open a Vested Direct account with us. Please reach out to our support for assistance.