Money transfer

One of the very important question is how to transfer Euro to India. There have been various methods like Western union money transfer, German Bank etc. With our own experience we recommend following services. These services are easy to use and safe.

We recommend Transferwise for it's best rates and quick turn around time.

TIPS:

  • To avail dependent support income tax benefits in Germany, ensure that you start transferring money to your dependents in India (parents, parents-in-laws, spouse) etc. at the earliest. For each dependent your income will be reduced by Euro 2050 per person per year for the tax calculation purposes.

  • Download your bank statements in pdf format every month/quarter and keep them safe for future reference. Online Bank statement are not available for more than 6 months.

Money transfer — List page from Classic Sites