>When it comes to sending money to family and loved ones in India from abroad, your first thought might be to rush to the bank. But one also knows that banks average fees for international money transfers to India, and their foreign exchange rates or even delivery speeds aren't the best. Today there are a number of ways to transfer money to India and with today's latest technology, new means to do this are constantly evolving. Whereas years ago, banks were the only reliable method to carry out international money transfers, now there are many other cheaper and faster options available such as online money transfer providers. Online method of money transfer is a quick and easy way of transferring personal remittances from abroad to beneficiaries in India. Banks and money orders may be an old-fashioned way to send funds, especially given recent rapid advances in electronic payments. International money transfer companies offer more favorable exchange rates and low or no fees. In recent years a new breed of online money transfer companies has emerged that are inexpensive and user-friendly compared with transferring money through your banks.

As far as money sending is concern, the advancements in IT have made it possible to send money online in minutes. At first, let us take a view of the advantages of international money transfer online services:

The first and the most prominent benefit we get from these services is the rapidity. Gone are the days when people had to wait for weeks for transaction of money. At present, you can transfer money online from one place to another in minutes. Various banks have featured power transfer, which enables you to track the money online whether you are a recipient or a sender of that money. Lots of banks have featured remittance. With the help of this feature, you can receive money in your local currency and use right after you receive it. Another benefit is that you can send money straightly to bank accounts via online banking now-a-days. Online money transfer services have provided a platform to online business-groups where they can move fast and grow rapidly without wasting time in the formalities of sending money offline like waiting for the checks to clear.

Finding a secure and inexpensive money transfer service is super easy and over time can easily save you thousands. Several money transfer options exist and the best one for you will depend on your particular situation. Below you will find comparisons, reviews and promo codes. RemitGuru, one of the best online money transfer provider is truly customer-centric and it is known for its transparency and it's excellent service. It provides great exchange rate and zero transfer fee.