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The article provides you the information about how you can send money to a foreign country or receive it. There are several ways you can do it: During the 90’s there were very few people who use to travel abroad or use to send their kids to study abroad. As the foreign policies were not much developed during the 90’s and technology was also not developed to that extent that people could make foreign transactions or send or receive money by just sitting at any place around the globe. But, as the time has passed things have changed the other way round. As the start of 21st century people have started making up lot of foreign transactions. They transfer money from one country to another. But, many few people know the best suitable ways by which their money can be securely transferred and can reach with least service charges. RBI has put on certain guidelines which allow you to transfer or receive only limited amount of money. The RBI guidelines remit only $1 lakh a year for your child