Question 1

How do I send money to Spain from India?

Accepted Answer

Sign up on Quick Forex, pick a purpose code (commonly S0301, S0305), upload KYC, and initiate a SWIFT wire transfer. Settled in 1–2 business days.

Question 2

What is the current EUR exchange rate?

Accepted Answer

We publish live EUR/INR rates on our Home page, refreshed throughout the trading day. You can lock a rate for 10 minutes while completing your order.

Question 3

What documents are needed to remit to Spain?

Accepted Answer

PAN Card + Passport are mandatory. For education, add admission letter + fee invoice. For family support, add a relationship proof. Quick Forex guides you in-flow.

Question 4

Is Quick Forex RBI-authorised?

Accepted Answer

Yes. Quick Forex Limited is a Reserve Bank of India Authorised Dealer Category-II, Licence No. NDL-ADII-0021-2023, with 12 approved branches across India.

Question 5

What is the Liberalised Remittance Scheme (LRS) limit?

Accepted Answer

Under LRS, every Indian resident (including minors) can remit up to USD 250,000 per financial year for permitted current & capital account transactions like education, travel, medical, family maintenance, investment, and more.

Question 6

How long does a SWIFT wire transfer take?

Accepted Answer

Typically 1–2 business days once KYC and payment are completed. Urgent remittances can settle same-day in most corridors.

Question 7

What documents do I need?

Accepted Answer

At minimum: PAN Card, Passport, and a valid Visa (if applicable). Additional documents depend on the purpose code — admission letters for students, fee invoices, medical estimates, etc.

Question 8

How are your rates calculated?

Accepted Answer

We publish live interbank rates and add a transparent all-inclusive spread. You see the final rate before confirming — no hidden charges on top.

Send Money to Spain 🇪🇸

Applicable RBI Purpose Codes

Frequently Asked Questions

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