Money Transfer Overseas

Easy & reliable way to Tranfer Money to Asia, Africa, Mexico, South America

We have all experienced times when our loved ones needed more money than they have, which is exactly when money transfers can be a saving grace. Money transfer agencies provide a speedy way for people to wire money quickly, online, or at a money transfer center/branch. With hundreds of locations around the world, you're sure to find one close to you. The Money Transfer process is very simple. You can log in from the comfort of your office or home and complete the transaction with some added security checks. The money is delivered directly to the door of your beneficiary via a locally payable Demand Draft or pick it up at a Agent office/ATM or it is directly credited into the account in your home country

Western Union Money Transfer

various options to send and receive money.

  • Money can be sent online, in person, or by phone. Home Delivery
  • Direct Pick-up from any of the 50,000 agent locations in India
  • Direct Deposit to the bank account if the bank is in the National Electronic Funds Transfer Network (NEFT).

Money Transfer Agencies to remit funds to major countries in the world.

Please check the specific guidelines of money transfer agents.

While each method has it merits and pitfalls one should take into consideration the following when choosing an overseas remittance service: handling charges, exchange rates, transfer time and convenience.

Most of the services allows you to use your debit account or bank account to send money to your home country. No running around for you or your family - right from your desktop to their doorstep.

It is important to understand that each financial institution or banking organizations or the Post Office will set their own daily rate of exchange based upon a market rate. Some banks have better rates than others, so monitor their published rates before choosing your service provider.

Banks and other fund transfer companies offering low fees or no commissions often hide their true costs with poor exchange rates. They might even advertise "no fees", but instead adjust their exchange rate to make up the difference.

Disadvantages of Banking Transfers

  • You mail the check (cheque) abroad to the recipient.
  • Check clearing can take from 4 - 6 weeks atleast.
  • Even though it's easy to issue a check, it may not be easy for the recipient to cash the check.
  • The recipient will be charged a fee for check processing.
  • Some countries have less streamlined banking systems than others and may not honor foreign drawn checks. Foreign Drafts
  • The money comes out of your account when the draft is prepared, not when the recipient gets it. (Money is held in the banking system for a longer time)

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