We are currently living in an era were, modernisation is happening in every nook and corner of the world. People now are acquainting with the new changes and even their thought process and actions are in liaison with that. Yet there are some areas, people still are unaware about. One such area is the International money transfer!
Money transfer services are a dire necessity of the present days. However, there are still many who are afraid to conduct international fund transfer due to some prevailing strong myths and delusions about the fund transfer process!
This blog is mainly aimed to break some of those common myths about international money transfer services.
Let’s deal with them one by one…
- International money transfer is a complex process
It is true that, previously international money transfer services were a bit difficult. But today with the introduction of innovative services like online fund transfer, overseas remittance became easier. Now you can even remit money abroad within the comfort of your home!
- Bank transfers are cheaper than the transfers via authorized money changers
This is an absolute wrong belief. Since the forex deals are not the prime business of AD I banks, they don’t offer much competitive services and prices when compared to the authorized dealers. Approaching an AD II category forex service providers will help you to get the best deals at lesser price than the banks could ever offer.
- Money transfer services are a time killing process
This digital era has made money transfer from India to any part of the world a quick process. Earlier it was different. But now with the latest amenities, international money transfer became hastier and prompter.
- Online fund transfer is risky and unsecured
Technology has improved over the past decades. The all new digital services made money transfer a quick process ensuring the supreme safety and security to your money. So, worry less and send money abroad happily.
- Transferring funds abroad is quite expensive
Introduction of the latest services and amenities made abroad money transfer an affordable and cheaper process compared to the earlier times. Huge cost and losses associated with money transfer is now an old story.
