Send International Payments
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OUTWARD REMITTANCE
Hassle-free and paperless outward remittance
Cashfree Payments enables seamless
flow of money across borders
in accordance with RBI guidelines.• Completely digital
• 24x7 payment collections
• Control source of fund
• Extremely convenient - pay via your existing bank account
Contact Sales
Outward Remittance by Cashfree Payments
Expand your business in India and
collect payments in INR
via popular Indian payment modes. Collect remitter KYC documents and other details. Integrate Cashfree API with your website or use no-code solution to plug and start collecting payments in no time.LRS-compliant payment solution
for seamless international payments• •
• •
Investment and Stock Trading
Indian trading businesses can now facilitate the purchase of assets listed on foreign exchanges (e.g NASDAQ) like publicly listed shares, exchange-traded funds i.e., ETFs and units of mutual funds, securities by Indian investors via local payment methods.
Study Abroad
Education consultants and remittance service platforms in India can use Cashfree Payments to help students who study abroad to pay their university admission payments and tuition fee with fully digitalised process.
Foreign universities and authorized collection agencies also use Cashfree Payments to collect payment from Indian students through local payment modes such as Net Banking and UPI.
Investment and Stock Trading
Investment and Stock Trading
Indian trading businesses can now facilitate the purchase of assets listed on foreign exchanges (e.g NASDAQ) like publicly listed shares, exchange-traded funds i.e., ETFs and units of mutual funds, securities by Indian investors via local payment methods.
Study Abroad
Study Abroad
Education consultants and remittance service platforms in India can use Cashfree Payments to help students who study abroad to pay their university admission payments and tuition fee with fully digitalised process.
Foreign universities and authorized collection agencies also use Cashfree Payments to collect payment from Indian students through local payment modes such as Net Banking and UPI.
International travel
Send Money to Family
Benefits of using
Outward Remittance solution
over the traditional LRS flow
CapabilityCashfree PaymentsTraditional LRS
approachModes of paymentsNet-banking via 38+ banks &
UPI Payments (Industry-first)Wire TransferRemittancesIndividual and consolidated
remittancesOnly individual remittanceRemit from your own bank account
User is required to have a current account from the remitter’s bank
Completely paperlessSame day remittance*Native integration for your website or appTCS calculationReal-time calculation before
remittanceManual calculation to be done before remittanceFX-rate calculationSmart FX-rate calculation
to fulfil complete payment after
currency conversionManual calculation of FX ratesReal-time status of remittances
*All payments made before 1PM IST will be settled to the beneficiary account on the same day
Businesses that can benefit from our
Outward Remittance solution
•
Brokerage firms facilitating international equity investments
•
International stock brokers and agencies
•
Education consultants based in India for study abroad programmes
•
Foreign universities/ Authorized collection agents
•
Remittance service for individuals for travel, study and family payments
•
International Online Travel Agencies
•
International Hotels and Destination management companies
•
International Airlines
Are you looking to facilitate outward remittance?
Talk to our payments expert now
Ready to get started?
Collect customer payments, make payouts, manage international payments and so much more. Create your account or contact our experts to explore custom solutions.
• Easy onboarding
• Dedicated account manager
• API access