At times many Indians face a slow moving job market back home in India; this makes a growing number of Indians looking for career and growth opportunities outside the country. According to them this decision will help them build a better future and improve their present status too. Many people fantasize about living abroad and now they’re taking advantage of the situation. However, going abroad without a financial plan could be challenging, as we leave our family behind. Missing out occasions like festivals, family functions and even an emergency at times, our presence is always replaced by the financial support through the money which we send back home. Other factors are also considered, whether you own a property in India, or have family and relatives residing, or if your are into frequent business visits to India; not knowing your alternatives when making regular payments to the Indian account can end up costing you thousands of pounds more than it needs to.
With the boom in new techniques of money transfer like a ‘mobile money’ and ‘mobile wallets’, there are many services that have reduced transferring money to other accounts to just the click of a mouse. Online money transfer services have increased in popularity are introduced as security has improved and now several large online money transfer companies are specialize in this type of service. With the option of online money transfer to India, funds can be transferred to anyone with an email account in the world and is available in all recognized foreign currencies. Transfers can be created through a third party, or directly from the sender’s bank account.
Online money transfer allow you to transfer money online to another individual, similar to the way you would if you were paying a bill online. These services require the account number and the bank’s IFSC code. You’ll also require the account holder’s name as it appears on their account. This can be an especially handy method for transferring funds on a regular basis, as you can set up the frequency of the payment if it will be a regular occurrence. Online money transfer are often less expensive than transfers that are done through a bank or any other method of payment.
Now you complete the process of online money transfer to India with RemitGuru and send money to your family and relatives on important anytime of the year.