Money transfer from Africa

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About Money Transfers

Easily transfer money online to India from Africa

HDFC Bank offers a convenient solution for sending money from Africa to India through its IndiaLink service. Customers can visit any partner exchange house or bank, submit the necessary details along with the remittance amount in foreign currency, and ensure a swift transfer. This service is designed to facilitate easy and secure transactions, making it simpler for individuals to send funds to India from Africa.

Key Services for Money Transfer from Africa

Telegraphic / Wire Transfer

You can simply send money from abroad to HDFC Bank using Telegraphic/Wire transfer via our global correspondent banks. You can also initiate FCNR deposit booking using this method.

Easily fill out the remittance form with-

  • HDFC Bank's Nostro Account number. View now.
  • HDFC Bank's SWIFT Code by default: HDFCINBBXXX or as per your branch's location -
    - Mumbai: HDFCINBBJPR
    - Delhi: HDFCINBBDEL
    - Bengaluru: HDFCINBBBNG
    - Chennai: HDFCINBBCHE
    - Hyderabad: HDFCINBBHYD
    - Pune: HDFCINBBPNE
  • Your HDFC Bank NRE account number (Mention your customer ID incase you wish to book FCNR(B) deposit with HDFC Bank India)
  • Specific instruction in Remarks i.e. field 70 (Remitter information), such as
    • "Book FCNR Deposit for a tenure of ____ months in <mention the foreign currency in which you desire to book FCNR>. View interest rate

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Telegraphic / Wire Transfer

IndiaLink

  • Now, you can send money to India simply by visiting one of our affiliated exchange offices. Choose between direct credit to the recipient's account or issuance of Demand Drafts for fast and secure remittance of your funds, ensuring peace of mind throughout the process.

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IndiaLink

Funds Transfer via Cheques / Demand Drafts / Traveller’s Cheques

  • Opt for the trusted and established method of transferring funds by sending cheques or Demand Drafts to your branch in India. Include a letter of instruction specifying the beneficiary's account number for smooth processing.

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Funds Transfer through Cheques / Demand Drafts / Traveller’s Cheques

How to book FCNR ?

Step 1:

  • NRI/PIO customer to submit a remittance request from outside India by mentioning below –

Field What to enter
Beneficiary Name <Customer’s name, as per your HDFC Bank’s records>
Beneficiary Account Number <HDFC Bank Customer ID 1234567890>
Beneficiary Bank HDFC Bank Ltd
SWIFT Code - HDFCINBBXXX

or as per your branch's location -

- Mumbai: HDFCINBBJPR
- Delhi: HDFCINBBDEL
- Bengaluru: HDFCINBBBNG
- Chennai: HDFCINBBCHE
- Hyderabad: HDFCINBBHYD
- Pune: HDFCINBBPNE
Correspondent Bank Details Click here
Additional Information
(mandatory)
Book FCNR deposit for a tenor of <___> months <___> Customer ID: <___________>


Step 2:

  • Fill FCNR booking form and ensure to choose the minimum tenure: 3 years (for higher interest rate on 6 major currencies – 1 year lockin) then form to be signed by all the holders.
  • Fill Swap window declaration (for higher interest rate on 6 major currencies – 1 year lockin) then declaration to be signed by all the holders.
  • Send both duly filled and signed form and declaration from registered email ID to RM/Branch alongwith swift copy (remittance details)

Step 3:

  • As soon as you get notified by HDFC Bank via email or Relationship manager or Branch manager stating that the foreign currency funds are received in HDFC bank’s Nostro account, kindly submit disposal instruction to your Relationship manager or Branch manager with purpose code: P0014: Receipts into NRE or FCNR accounts.

New FCNR (B) Deposit will get booked provided the request is otherwise in order.

For any assistance, reach out to your Relationship manager or Branch Manager or 24x7 NRI Phonebanking

Incase you do not hold an HDFC Bank account yet and still wish to book FCNR Deposit then send an email on fcnrswap@hdfc.bank.in

Funds Transfer through Cheques / Demand Drafts / Traveller’s Cheques

Frequently Asked Questions

For online money transfer to India from Africa via HDFC Bank’s IndiaLink, you need:

  • The beneficiary’s HDFC Bank account number or other bank account details.
  • The beneficiary’s name as per bank records.
  • The sender’s account details – name, bank and branch name, account number, etc., from which funds are to be transferred.

The costs associated with transferring money to India from Africa typically depend on various factors such as the sending/intermediary bank’s fees, the amount being transferred, the chosen fund transfer method and the applicable speed based on the chosen method, etc.

For money transfer from Africa to India through HDFC Bank, you can use our telegraphic or wire transfer service. You can also conduct transfers via the IndiaLink or issues cheques/demand drafts, addressed to the designated bank branch, by providing the beneficiary’s account number.

To transfer money from Kenya to India through HDFC Bank, you can use our IndiaLink service. It offers a secure and quick way to remit funds, providing instant credit to HDFC Bank accounts and other banks within 2 hours, subject to NEFT/RTGS cutoffs.

Sending money from Africa to India is perfectly legal, so long as it is done through proper banking channels.