Customers have the ease of receiving money either by cash or in their own accounts, as per their convenience. The first step is to select the country the money is to be sent to and enter the amount, followed by recipient and payout information and entering your debit card and credit card information. The process is extremely simple and payments can be completed in three simple steps. Normal transactions can take between 3-5 days, while fastrack transfers are made within 24 hours. Transfast is an international money transfer company that makes remittances through its direct-to-bank network that is spread over 120 countries. Herein, we will highlight some of the popular online money transfer companies in India. Get Your CIBIL Score Report with Monthly Updates at ZERO Cost Before signing up for a particular service you must check the limit to ensure that it will be convenient for your transaction requirements. There will be certain limits on the minimum and the maximum number of transactions that you can conduct every week or every month. This is especially important for the verification of the receiver. This is only a step further to ensure that your money is in safe hands. In most cases there is a cancellation charge involved if the transaction has been initiated and then cancelled, so check for such conditions as well.Įnsure that the services you opt for have provisions for verification of documents like your passport, address proof, etc. Also, it is advisable that you run through the company policies to enquire about any hidden charges like late penalties etc. There are certain services that charge both the sender and the receiver. When making online money transfers, it is important to ensure that the transfer is secure and is made through a secure network and there is a multiple layer authentication to ensure better security.īefore you choose a particular money transfer service, it is important to ensure that besides being secure and safe, the service is quick as there may be times when you need to transfer funds for emergency purposes.Ĭheck the charges and enquire about any hidden costsīefore choosing a particular service for transferring funds you must ask around to learn about the charges associated with the transfer of funds. Some companies will also offer you the convenience of booking an exchange rate in advance. It is always preferable that you check the present exchange rates with multiple money transfer agents to get hold of the best deals. This is especially important when you are transferring large sums of money. When making International transfers you must cross check the exchange rates as the rates tend to fluctuate very often. While all these measures ensure a smooth and fast transfer of funds across countries, there are certain factors that you must bear in mind:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |