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Wire transfer is an offline mode of cross border transfer from your local bank overseas to your Axis Bank account in India. We support transfers in USD currency through our network of partner banks across the world.
List of our partner bank accounts click here.
Why to choose bank branch transfer to send money from Switzerland to India?
| TRANSACTION AMOUNT | VALUE OF SERVICE ON WHICH GST TO BE PAID |
|---|---|
| Less than or equal to INR 1,00,000 | 1% of the transaction amount, subject to minimum of INR 250/- i.e. minimum GST payable is Rs. 45. |
| Greater than INR 1,00,000 and less than or equal to INR 10,00,000 | INR 1000 for exchange amount of INR 1,00,000, plus 0.5% on the remaining transaction amount. |
| Greater than 10,00,000 | INR 5,500 for exchange amount of INR 10,00,000, plus 0.1% on the remaining transaction amount over and above 10,00,000 subject to maximum of INR 60,000/-, which is capped to GST payable at INR 10,800/-. |
