How to send money from Croatia to India

In the age of globalization, the capability to send money across the globe swiftly and securely has never been more vital. With expansive diasporas and the surge of international business ventures, the need for efficient financial transactions has soared, cutting across countries and continents. Nowhere is this truer than between the captivating coastal nation of Croatia and the vast, vibrant subcontinent of India. Migrating funds from the serene Adriatic shores to the bustling streets of India's cities requires not just a financial transaction, but a bridge between diverse economies and currencies. In this article, we'll navigate the intricacies of the process to send money to India from Croatia, exploring the best practices, cost-effective methods, and understanding the regulatory nuances that ensure your money reaches its destination with ease and efficiency. Whether you're supporting family, managing investments, or fueling business operations, this guide will illuminate how to send money to India.

Bank transfers

Exploring avenues for sending money to India highlights the prominence and reliability of bank transfers. To initiate this process seamlessly, it is vital to provide the recipient's complete name, bank account number, the SWIFT code specific to the Indian bank, and clearly articulate the purpose of the transfer. Ensuring precision and completeness in these banking details is paramount, acting as a safeguard against potential delays or complications in the transfer process.

Moreover, when initiating the transfer, check how the bank will exchange 1 EUR to INR to send the transfer profitably. This step guarantees that the recipient receives the funds in Indian rupees at the current rate, optimizing the value of the transaction. Additionally, explicitly specifying the purpose of the transfer as "money transfer to India" aids in accurately categorizing the transaction for both the sending and receiving banks, enhancing transparency in the financial process.

Money transfer services

Venturing beyond traditional methods, individuals in Croatia have the option to utilize specialized money transfer services for sending money to India. These services offer electronic transfers, facilitating cash pickup at designated locations in India. Some providers go the extra mile by enabling direct bank deposits into the recipient's account. While a transfer fee may be applicable, these services often boast competitive exchange rates and speedy delivery times.

Please note that it may not be safe to take large amounts of cash, so we recommend using other ways to receive money from abroad to India.

Online transfer platforms

With the increasing popularity of online payment platforms, sending money internationally has become more convenient. Platforms like Profee provide the best money transfer to India. These platforms may require both the sender and the recipient to have accounts, and fees and exchange rates may vary. However, they can be an efficient way to transfer money securely and research the best rates to convert EUR to INR.

Considerations and fees

When initiating a money transfer from Croatia to India, careful consideration of exchange rates and associated fees is paramount. Both banks and money transfer services typically impose fees on transactions, and the chosen exchange rate can substantially influence the final amount received by the recipient. To make an informed decision, it's crucial to compare fees and exchange rates across various providers, ensuring the selection of the most cost-effective option for your transfer.

Additionally, individuals should be aware of potential tax on money received from abroad to India. This aspect adds another layer of financial planning, emphasizing the importance of staying informed about any applicable taxes that might impact the overall amount received by the recipient. By accounting for these considerations, you can navigate the financial landscape more effectively and make decisions that align with your specific transfer needs.

So, meet our friend Raj. Raj was an ambitious young man from rural India who had always dreamt of making a difference in the world. With a burning passion for medical research and a determination to succeed, he seized the opportunity to work for a renowned medical company in Croatia. Leaving behind his parents and younger sister in India, Raj embarked on a journey to pursue his career aspirations.

As Raj settled into his new role in Croatia, he found himself drawn to the vibrant culture and breathtaking landscapes of his adopted country. However, his heart was with his family back home. He received news that his sister, Priya, had been accepted into a prestigious university in India to study medicine. Overwhelmed with joy for his sister's achievement, Raj was deeply aware of the financial burden this opportunity posed for his parents.

Determined to support his family and help fund his sister's education, Raj diligently researched the best way to send money to India. Ensuring a secure, easy, and comfortable money transfer from Croatia to India involves choosing the service which can provide the best money transfer to India tailored to your needs. But how? Here are some key factors you need to explore before choosing how to send money to India:

Money Transfer Factors

Money Transfer Factors

Profee's distinctive features

Transparent transfer cost

Profee has no service fee for transfers to India and the most transparent terms of use, so you can be calm — the service will not charge you a hidden commission.

Competitive exchange rates

Offering competitive exchange rates, Profee ensures efficient conversion of 1 EUR to INR. And also promo rate for your first transfer.

Maximum safety

We take great care to keep our customers' data and money safe, so we take extra measures.

Profee's mobile application: a seamless experience for Raj

Raj found Profee's mobile application to be a convenient solution for money transfer to India. Using his registered mobile number, Raj accessed his Profee account effortlessly. The user-friendly interface allowed him to navigate seamlessly through the steps, completing the transfer securely with a confirmation code.

Initial information input

For first-time transfers, Raj provided essential details like name, date of birth, country of residence, and Zagreb residential address for security and speed.

Transfer amount

Raj specified the transfer amount in EUR and selected India as the destination country, ensuring accuracy in details for streamlined processing. So he can convert EUR to INR.

Recipient details

Filling in his mother's bank details, including the account number, IFSC, and full name, Raj benefited from Profee's option to save bank details for future transactions.

Payment method

Opting to use his card, Raj entered his Croatian card number, expiration date, and CVC/CVV code.

Confirmation and completion

With accurate details entered, Raj confirmed the transfer with a code. So, his mom can receive money from abroad to India almost instantly.

Verification process

After your initial transfer, Croatian residents are required to undergo a straightforward verification process. Simply click “Upgrade to Plus” in the “Account levels and limits” section to complete the identity and address verification steps. This ensures a secure and enhanced account status. Our advanced verification bot is designed to seamlessly guide you through the essential identity and address verification steps, ensuring a straightforward process.

Submit a valid proof of identity, such as a passport or ID card. Please be aware that residency permits are not considered valid identity documents. Enhance security by completing a swift liveness check using your front camera.

Provide proof of address through documents like recent bank statements, tax records, or utility bills issued within the last 180 days in the EU. Profee's efficient system typically completes the verification within 5–10 minutes for most clients. In specific cases, manual verification may be necessary.

These concise steps guarantee a smooth verification process for Croatian residents, ensuring a secure and upgraded Profee account status.

Step-by-step guide to transfers via Profee's web version

When our acquaintance Raj sought to remit funds to his family the following month, he opted to make a money transfer to India to his father's bank account using the Profee web version. In addition to facilitating the money transfer from Croatia to India, he seamlessly incorporated the step to convert EUR to INR, ensuring a smooth and comprehensive transfer.

Accessing your account

Logging in with his phone number and entering the confirmation code, Raj accessed his Profee account on the web version.

Initial information input

For the first transfer of money, Raj would have to enter all the personal information, enhancing the security of the transaction. But he wants to send money to India with Profee for the second time, so all the required information is in the system already.

Input transfer details

Raj specified the transfer amount in EUR, selected India as the destination, and ensured accuracy in transaction details.

Recipient's details

Entering his father's account details, Raj leveraged Profee's feature to save bank details for future to send money to India on father’s account.

Choose payment method

Furnishing his card details, Raj confirmed his transfer, benefiting from Profee's secure payment processing options.

Confirm and complete

Raj checked all details for accuracy, entered the confirmation code, and successfully completed the transfer to his father's account.

Despite the physical distance, Raj's determination to support his family and uplift his sister's aspirations brought them closer together. His unwavering commitment to his family's well-being served as a testament to the deep-rooted values instilled in him. As he continued his work in Croatia, Raj's dedication to making a positive impact resonated not only in the medical company but also in the lives of his family in India.