HDFC Bank, established in August 1994 as HDFC Bank Limited, operates from its headquarters in Mumbai, India. With over 6,499 branches, HDFC simplifies global transactions for its customers. Whether you’re at home or in the office, HDFC international money transfer services let you send money abroad effortlessly.
Discover how HDFC helps you make fast, secure, and cost-effective international transfers—and spread smiles worldwide. Keep reading to learn more about HDFC international money transfer benefits, fees, and processes.
Table of contents
- Why Choose HDFC International Money Transfer?
- Benefits of HDFC International Money Transfer for Students
- How Does HDFC International Money Transfer Work?
- HDFC International Money Transfer Fees
- How Long Does an HDFC International Money Transfer Take?
- Pros and Cons of HDFC International Money Transfer
- How to Start Using HDFC International Money Transfer
- FAQs on HDFC International Money Transfer
Why Choose HDFC International Money Transfer?
HDFC offers a seamless way to send remittances globally. Whether you’re supporting family, paying for education, or handling business transactions, HDFC international money transfer ensures convenience and reliability. With competitive exchange rates and low fees, you can trust HDFC to maximize the value of your money.
Benefits of HDFC International Money Transfer for Students
HDFC Bank tailors its international money transfer services to meet students’ needs, especially those studying abroad. Here are some benefits of using HDFC international money transfer for students:
- Fast and Convenient Transfers: Use HDFC’s online platform to send money from your account to an overseas account in minutes—no branch visits required.
- Competitive Exchange Rates: HDFC offers attractive rates, helping students stretch their funds further for tuition or living expenses.
- Low Fees: With affordable charges, HDFC international money transfer saves students money, perfect for tight budgets.
- 24/7 Support: Access round-the-clock customer service to resolve issues anytime, anywhere.
Must Read- HDFC Education Loan
How Does HDFC International Money Transfer Work?
HDFC makes sending money abroad simple. For HDFC international money transfer log into your HDFC net banking or visit a branch to initiate a transfer. You can send funds to over 22 currencies worldwide, adhering to the Reserve Bank of India’s (RBI) remittance limits of up to USD 250,000 per year. Here’s what you need to provide:
- Beneficiary’s full name
- Beneficiary’s bank account number or IBAN
- Beneficiary bank’s name and location
- Additional details (e.g., UK sort code or US routing number, depending on the country)
- Purpose of payment (additional documents may apply)
For receiving money, share your full name, HDFC account number, and the SWIFT code HDFCINBBXXX with the sender.
HDFC International Money Transfer Fees
Wondering about the costs of sending money abroad with HDFC? HDFC Bank charges reasonable fees for international transfers, making it a budget-friendly option for many. Fees vary based on the transfer type, amount, and whether you’re an HDFC customer.
Below, we break down the charges to help you plan your HDFC international money transfer effectively.
| Transfer Type | Fee |
|---|---|
| Online (HDFC Customers) | Rs. 500 + GST |
| Branch (HDFC Customers) | Rs. 1,000 + GST |
| Online (Non-HDFC Customers) | Rs. 1,000 + GST |
| Branch (Non-HDFC Customers) | Rs. 1,000 + GST |
| Telegraphic Transfer (TT) Charges: | |
| Up to Rs. 10,000 | Rs. 250 |
| Rs. 10,001 to Rs. 1 lakh | Rs. 500 |
| Rs. 1 lakh to Rs. 2 lakh | Rs. 1,000 |
| Above Rs. 2 lakh | Rs. 1,500 |
| Receiving an International Payment | No Fee |
HDFC Exchange Rate
Additional costs include a 3.5% exchange rate markup plus applicable taxes and correspondent bank fees (charges from intermediary banks).
Exchange Rate Markup Example
- Sending Rs. 50,000: Adds Rs. 1,500 (3% markup)
- Sending Rs. 100,000: Adds Rs. 3,000 (3% markup)
- Sending Rs. 500,000: Adds Rs. 15,000 (3% markup)
Must Read- HDFC International Debit Card Charges (2025)
How Long Does an HDFC International Money Transfer Take?
HDFC processes international transfers within 3 business days, depending on the destination and intermediary banks. Compare this with other providers:
| Provider | Total Cost | Transfer Time |
| HDFC | 100O INR exchange rate markup + correspondent bank fee | Usually within 3 days |
| Wise | 1,816.60 INR Transfer Fee | 80% of payment arrive in 24 hours |
| Western Union | No Transfer fee but the markup is added to the mid-market exchange rate | 0-1 business day |
Pros and Cons of HDFC International Money Transfer
HDFC international money transfer comes with distinct advantages and a few limitations. Check out the pros and cons below to decide if it’s the right choice for your global payment needs.
Pros of HDFC International Money Transfer
- Send money in up to 22 currencies.
- Complies with RBI remittance regulations.
- Offers dependable service with robust customer support.
Cons of HDFC International Money Transfer
- Requires a branch visit for some transactions.
- Includes SWIFT and correspondent bank fees, increasing total costs.
- Exchange rates carry a markup, unlike mid-market rates from some competitors.
Must Read- HDFC Loan Against Credit Card: Eligibility, How to Apply
How to Start Using HDFC International Money Transfer
Ready to send money overseas with HDFC? HDFC international money transfer is easy to use, whether you’re online or at a branch. Follow these simple steps to initiate your transfer and enjoy a hassle-free experience.
- Log into HDFC net banking or visit a branch.
- Provide the beneficiary’s details and purpose of transfer.
- Review fees, exchange rates, and confirm the transaction.
- Track your transfer with HDFC’s 24/7 support if needed.
For incoming payments, simply share your account details and the HDFC SWIFT code with the sender.
HDFC combines convenience, competitive pricing, and a trusted reputation to make international transfers smooth. Whether you’re a student, professional, or supporting loved ones, HDFC international money transfer delivers value and peace of mind. Start today and send money globally with confidence!
FAQs on HDFC International Money Transfer
HDFC international money transfer is a service that lets you send money abroad quickly and securely through HDFC Bank’s online platform or branches.
The SWIFT code for HDFC Bank is HDFCINBBXXX. Use this code to receive money from abroad via HDFC international money transfer services.
Yes, HDFC Bank lets you track your HDFC international money transfer easily. Check the status online through the bank’s website or mobile app anytime.
An HDFC international money transfer typically takes 2-5 business days to credit your account. The exact time depends on the sender’s country, currency, and intermediary banks involved.
HDFC charges Rs. 500 + GST for online transfers (HDFC customers) and Rs. 1,000 + GST for branch transfers, plus a 3.5% exchange rate markup and correspondent bank fees.
You can send up to USD 250,000 per year, as per RBI regulations.
Which currencies does HDFC support for international transfers?
HDFC supports transfers in over 22 major world currencies, including USD, EUR, and GBP.
Yes, HDFC ensures secure transactions with robust banking systems and RBI compliance.
The beneficiary’s name, account number, bank details, and purpose of payment are the some essential documents required for HDFC international money transfer. Additional documents may apply based on the transfer reason.
To track my HDFC international money transfer, contact HDFC’s 24/7 customer support or use net banking to monitor your transfer status.
So, this was all about HDFC International Money Transfer. We hope you found this to be insightful. If you are looking for information on bank accounts or money transfers, subscribe to FLY.FINANCE
