Want this question answered?
A bank would do this.
money transfer
You can send your money from qatar to India through gulf exchange. We offer money money transferring options such as bank transfer, mobile transfer, mobile app transfer and more.
Swift code for Bank Transfer of Money from NatWest account to an account in State Bank of India
You can contact Gulf Exchange to transfer your money from Qatar to India. The main services include as Bank Transfer Cash Pick-up Instant Money Transfer 60 Seconds Credit Facility and more
NEFT Stands for National Electronic Funds Transfer. This facility is available only for funds transfer within India from one bank to another. This facility is not available for international funds transfer. If you wish to transfer money from UK to India, use an international wire transfer or other money remittance options available to transfer funds from abroad to India.
You need to contact your bank who will advice you on how you will be able to make this transaction.
The best way is to approach your bank and TT (Telegraphic Transfer).
By bank to bank transfer money
If you plan to Send money to India from overseas or abroad, you will require some bank details. You will need the bank details of both the sender and receiver. The complex process of international money transfer involves exchanging information between financial institutions, money transfer services, the sender and the receiver. You will require some basic information from the sender to fulfil the process, depending on the transfer mode. The sender will require details when you plan to send money through an ACH transfer or bank transfer. Those details are your social security number, US bank account type, account number, and ABA routing number are necessary. Suppose you want to make a direct deposit to the recipient’s account in India. You will require information like the first name, last name, and the address of the recipient. In addition, information of the recipient's bank, including IFSC or SWIFT code, account number, name and address of the bank branch, are essential. With all the information mentioned above or bank details, you can transfer money to India from overseas.
RTGS stands for Real Time Gross Settlement. It is an electronic funds transfer system available in India through the Reserve Bank of India. It is used for transfer of large sums of money (Usually greater than 10 lakhs) between bank accounts in India.
The easiest way to transfer money from a bank to another one is Electronic Fund Transfer, also known as EFT. Thus, one can transfer his money via this method.