What are the best options to send money internationally from India for business purposes?
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Hi everyone,
I need to send around €3300 from India to Spain and I am trying to find a reliable way to make an international payment.
Bank transfer is an option, but international wire transfers are usually slow and can take multiple days. I tried using bank transfer, but my payment failed due to an OFAC/FATF/SDN compliance check issue, so I am looking for alternatives.
I have already checked a few options but couldn't make them work. PayPal is not working for me, maybe because I have only linked my debit card. Wise asks for a transfer purpose and requires supporting documents like flight tickets, visa documents, university letters, etc. depending on the selected option. Since this payment is for business purposes, I don't have those documents.
Revolut Business is not available in India. Revolut Personal has recently started working here, but I couldn't find any option to send money abroad. I also checked Remitly but couldn't find a way to initiate an international payment from India.
Has anyone successfully sent INR to EUR from India, especially for business-related payments? Which service did you use and what was the process?
A detailed step-by-step guide would be really helpful because I am unable to find a reliable working option.
Thanks in advance.