3 Simple Steps to Send Pounds to India Using Online Banking

admin | August 4, 2020 | 0 | Finance


Want to use the online banking facility of your UK bank to send funds to India? Three simple steps to do so are discussed in this post.

Thanks to reputed international remittance services, NRIs in the UK can now use their local bank accounts for transferring funds to India. The transfer process is both quick and secure to offer enhanced convenience to the users.

If you are looking for detailed steps to make your first online transfer using your bank account, here is what you should do-

1. Place a Transfer Request

The first step is to log in to your money transfer account and place the transfer request. If you don’t already have an account, visit the official website of the service provider to create one. Once logged in, look for the “Money Transfer” option and select it.

You will now be provided with a list of your registered beneficiaries. If this is the first time you are making the transfer, you will be required to register your beneficiary by providing details like their name, bank name, account number, etc. After registering and selecting the beneficiary, you can enter the transaction details before clicking on “Confirm.”

2. Fund the Transfer

After confirming the transfer from your money transfer account, a unique tracking number will be generated. Note this tracking number. Now, login to the online banking portal of your local UK bank. You now need to fund the transfer by sending funds to the local UK bank account of the service provider.

Make sure that you transfer the exact amount that you have selected in the first step. In the “Payment Reference” or “Message to Recipient” column, enter the tracking number received from the service provider. Cross-check all the details before confirming the transaction.

3. Credit to Beneficiary

That is it! Once the service provider receives funds from your local UK bank account, the transfer confirmed in the first step will be initiated. Based on the service provider you have selected, it can take 1-2 working days for the funds to get deposited into the bank account of your recipient in India.

However, there are now Indian banks that offer same-day UK to India money transfer services. You can consider such banks for faster transfers.

Points to Remember

A few points you should always remember before sending funds online are as follows-

  • Always cross-check all the details, especially beneficiary account number and transfer amount, before confirming the transfer
  • Do save the transaction receipt that is generated after the transfer is successfully initiated
  • Make sure that you check the current GBP to INR rate so that you know the exact amount you are sending to your recipient
  • Check the contact details of your service provider as you might need it in case of delays or if you initiate a wrong transfer

Simple Steps to Send Funds to India from UK Online

As can be seen above, the entire process of using the online banking facility for sending funds to India from the UK is simple, secure, and convenient. But do note that the steps can vary based on the remittance service you select.

So, ensure that you thoroughly check the official web portal of the service provider to know the exact steps to send funds to your Indian recipients instantly.

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