Axis Forex account is a secure and convenient way to manage your foreign exchange transactions. Whether you need to send money overseas for business or personal purposes, Axis Forex account makes it easy for you to transfer funds quickly and safely. In this article, we will discuss how to send money to Axis Forex account.
Step 1: Register for Axis Forex account
The first step in sending money to Axis Forex account is to register for an account. You can do this by visiting the Axis Forex website and clicking on the ‘Register’ button. Fill in your personal and contact details, and create a username and password. Once you have registered, you will receive a confirmation email with your login details.
Step 2: Complete the KYC process
To comply with regulatory requirements, Axis Forex account requires you to complete the Know Your Customer (KYC) process. This involves submitting your identity and address proof documents. You can upload the documents online, or visit an Axis Bank branch to complete the KYC process in person.
Step 3: Add funds to your Axis Forex account
Once your account is activated, you can add funds to your Axis Forex account. You can do this by transferring funds from your bank account using NEFT, RTGS, or IMPS. You can also use your debit or credit card to add funds to your account. The minimum amount for adding funds is INR 1,000.
Step 4: Initiate a transfer request
To send money to a foreign bank account, you need to initiate a transfer request. Log in to your Axis Forex account and click on the ‘Send Money’ option. Enter the recipient’s bank details, including the bank name, account number, and SWIFT code. You also need to enter the amount you wish to transfer and select the currency. Axis Forex account supports over 100 currencies, so you can choose the currency that best suits your needs.
Step 5: Confirm the transfer
Once you have entered the transfer details, you need to confirm the transfer. Review the details and ensure that all the information is accurate. If you are satisfied, click on the ‘Confirm’ button. You will receive an OTP on your registered mobile number, which you need to enter to complete the transfer.
Step 6: Track the transfer
After you have confirmed the transfer, you can track the status of the transfer on your Axis Forex account. You will receive regular updates on the status of the transfer via email and SMS. You can also check the status of the transfer by logging in to your account and checking the ‘Transfer Status’ section.
In conclusion, sending money to Axis Forex account is a simple and straightforward process. By following these steps, you can transfer funds quickly and safely to any foreign bank account. With Axis Forex account, you can also enjoy competitive exchange rates and low fees, making it an affordable option for all your foreign exchange needs.