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Can I transfer the money I have won from international lottery to my bank account in India?
Yes, you can transfer winnings from an international lottery to your bank account in India, but there are specific regulations and tax implications to consider. You'll need to comply with the Foreign Exchange Management Act (FEMA) and may have to declare the winnings to the Income Tax Department in India. It's advisable to consult with a financial advisor or tax expert to understand the process and ensure compliance with all legal requirements.
What else can I help you with?
How can send money sbi to Nepal sbi online transfer?
To send money from SBI (State Bank of India) to SBI in Nepal through online transfer, you can use the SBI's International Money Transfer service. First, ensure you have registered for online banking and have the necessary details of the recipient, including their SBI account number and the bank's IFSC code. You can initiate the transfer by selecting the 'International Transfer' option in your online banking portal, filling in the required information, and confirming the transaction. Be aware of any applicable fees and exchange rates for the transfer.
Can funds be transferred from an account in the Royal Bank of Scotland to the State Bank of India?
Definitely Yes. All you need is the Routing Number of your State Bank of India branch and your account number. You can initiate a wire transfer transaction using the routing number and your account number from the RBS bank branch in which you hold your account.
What are banks offering online Wire Transfer in India?
Nomenclature notwithstanding, a Wire Transfer in India can be called any of the following:Money TransferTT (Telegraphic Transfer)RemittanceFunds TransferInterbank Funds Transfer
Which state and the minister introduced the paper lottery for the first time in India?
Kerala was the first state to introduce lottery in India in 1967. E.M.S Namboodiripad was the chief minister when it was introduced. Answered by: lottoace.blogspot.com
Did India get independence or was it a transfer of power from the British?
Its a transfer of power
International Bank Account Number in India?
IBAN is a number that you require in international funds transfer. It is a unique number provided by your bank to your a/c only to secure your transfer.IBAN is not used in India. All the banks in India are connected through SWIFT network.
How long does a NEFT transfer take from one UK to another India bank?
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.
What is the swift code for State bank of india?
Swift code for Bank Transfer of Money from NatWest account to an account in State Bank of India
How do you transfer money from Dubai to India using nre account i have Indian bank nre account in India?
You need to contact your bank who will advice you on how you will be able to make this transaction.
State bank of in India is a iban?
IBAN : International Banking Account Number. India is not IBAN supportive. No banks in India have IBAN.
What companies will transfer money to India?
In the United Kingdom, most High Street banks will send money to India for their customers via international transfer. The financial company Western Union will also transfer funds to India but the sender will need to provide proof of identity.
Is it possible to transfer the saving account from union bank of India from one branch to another?
yes
What is the IBAN for Egypt?
The IBAN or International Bank Account Number for India does not exist. Several countries have one, but India does not participate in the system.
Swift code needed to transfer from India to US?
To transfer money from India to the US using SWIFT, you first need to initiate a wire transfer through your bank. You'll need the recipient's bank account details, including the SWIFT/BIC code, account number, and routing information. Most banks in India require you to fill out a wire transfer form and present valid identification. Be aware of the applicable fees and exchange rates during the transaction.
What bank details are needed to transfer money to India?
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.
How can I send money from Qatar, any bank or exchange to India postal savings account?
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.
Does Online lottery companies pays whereas in India playing lottery is banned?
I Playing lottery in India is not banned. There are some states in India allowed to to do so. If any company which belongs to big group that do pay the winning amount. For example in India there is a company called "Myplaywin" which runs online lottery. That company is part of renowned group Essel World. So if you play online lottery try to find all the rules and regulation of the company, law of the land. I believe above answer is right, most of the lottery companies provides information related to that. Playing lottery in India is not at all banned moreover in some states it is prevalent. Some states like Manipur, Sikkim allow users to play lottery.
