Fri, 25 Nov 2016 by RemitGuru

If one wants to transfer money to someone in India, depends a lot on how and where you want to send it. Money is part of human history since ages, so is, the technique of money transfer. The process of money transfer is widely done if one stays out of country and his or her family is residing in India. Many of us are working abroad and we have our families and loved ones staying in India. Being far away our families and loved ones are connected to us. Many of us also have businesses that cater to clients who are far away. So, what do many of us need? Of course, a safe way to send money to the India for our loves and what is the solution? Money Transfer Service to the India.

In today's age Money transfer is a concept which is known to all. Also to be known as a quick access of money in less time period from one location to another location. Money transfer to India generally comes in following payment modes of systems like email money transfer, direct deposit, electronic fund transfer, money order and wire transfer and online money transfer. There are a lot of institution that offer international and local money transfers when one has to send money to India. Banks usually comes first in our mind when it comes to money matters, but nowadays, there are a lot of money transfer companies worldwide. Banks and financial institution are considered to be ancient, however after modernization and with the introduction of new money transfer techniques, it is still considered in one of our option.

Let us see some advantages of Online money transfer -

1) Speed - Money transfer can be done instantly and processed within a 1 or 2 days helping to manage the finances.

2) Security and Privacy - Immediate confirmation of money sent and received is made. Privacy is maintained individually.

3) Flexibility and Convenient - Transfer of money takes only some minutes making it easier to take money and roam from one location to another.

4) Good exchange rates - Users can get the benefits of prevailing exchange rates of the country and also the bank.

5) Transfer charges - Low transfer charges by the bank.

6) Past history system - You can check histories and present status of your transfers from anywhere in the world.

7) Direct deposit facility - This reduces paper work of writing and issuing cheques.

8) Direct facility of debit and credit - Electronic payments reduce paper money and cheques as one can pay in shopping or bills by plastic cards that help in money transfer. This reduces the strain to carry paper money in pocket. Debit card will directly take out the required money from your bank account for which transaction has been made.

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