123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

5 Benefits You Can Avail If You Send Money To India From Usa Online

Profile Picture
By Author: Reuben Williams
Total Articles: 9
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Congratulations on landing a job in the USA. You might have definitely worked very hard for this, and it would definitely be a proud moment for you and your family. Once you start working in the USA, like most of the NRIs here, you'd also regularly send funds to your family back in India. What mode of transfer are you planning to select for your USA to India transfers?

While there are now many different options, most NRIs in the USA now prefer online transfers as it offers a host of great benefits. Here is a list of top 5 benefits you can avail with online remittance-

1. Competitive Exchange Rates

One of the biggest reasons why NRIs now prefer online transfers is the competitive exchange rates they get as compared to other international money transfer services. This is especially true when you use the remittance service of a reputed Indian bank.
Some of the top banks in India have now partnered with international banks to offer better exchange rates to the NRIs. Compare the exchange rate of a top Indian bank with that of offline transfers, and you will see the difference.

2. Low Transfer Fee

As ...
... the transfers are handled digitally, this also helps in reducing the overhead costs for the online transfer service providers. The savings are passed on to the NRIs through lower transfer fees. Moreover, some of the banks do not charge any money transfer fee above a certain amount.
For instance, the bank might charge a low flat fee for transfers of up to USD 1,000 and transfers above this amount could be completely free. This again is a significant advantage of online transfers when compared to other modes of international money transfer.

3. Faster Transfers

Thanks to modern technologies, money transfers between the USA and India are now considerably faster. But nothing beats the speed of online transfers. In fact, some banks offer the same-day USA to India money transfer services.

This ensures that the funds are received by your family in India as quickly as possible. This can come in very handy in case of an emergency where your family might need instant funds.

4. Complete Security

Needless to say, when you are using the online transfer services of a reputed Indian bank, you will also get the best of security. Banks have multiple security solutions in place to ensure that each of your transfer is fully protected.

Rest assured that with the online transfer service of a bank, your funds will always reach your recipient safely and securely.

5. Enhanced Convenience

Last but not least is the convenience. You just need to log into your money transfer account from the comforts of your home to send money to India from the USA. The whole process generally only takes a few minutes.
Moreover, some of the banks now also have their official mobile apps for enhanced on-the-go convenience.

Online Money Transfer: Simple, Safe, and Affordable

Online money transfer service has revolutionized the remittance industry. Top Indian banks are abundantly responsible for its popularity as they have made international transfers to India more affordable and highly convenient.

Look for a top Indian bank offering USA to India remittance services to start experiencing all the amazing benefits listed above.

Total Views: 345Word Count: 536See All articles From Author

Add Comment

Investing / Finance Articles

1. Chart Patterns For Effective Intraday
Author: strike

2. Analysis Of Bank Statements: Essential For Banks And Nbfcs
Author: Aakash Parikh

3. Essential Tips For Buying Crypto Miners: Make Informed Decisions
Author: blockdag

4. Everything You Need To Know About Applying For A Swift Funds Loan
Author: Sofia Alice

5. Finding The Right Mortgage Broker In Abbotsford And Surrey, Bc
Author: Satbir Bhullar Mortgages

6. Jaydeep La Residency Thane Kolshet Road Project 2 & 3 Bhk Flats
Author: akhilagardas

7. Embracing Sustainable Investment With Esg Data & Solutions
Author: By Inrate Team

8. The Importance Of Lead Qualification In Solar Appointment Generation
Author: Shan Tait

9. Setting Up Your Company In Ireland: Key Considerations For Successful Formation
Author: LSC and Partners - Corporate Tax Consultancy LSC

10. Mortgage Lenders edmonton – How Are They Going To Help You
Author: Dominion Lending Centres Ratefair

11. Why Managing An Smsf In Perth Can Maximize Your Retirement Potential?
Author: Daniel Stewart

12. The Future Of Cryptocurrencies: A Look Ahead
Author: Ethan

13. Unlocking The Power Of Biodiversity In Data Solutions & Rating Services
Author: By Inrate Team

14. The Role Of Chartered Tax Advisors: Ensuring Compliance And Maximizing Benefits
Author: Business Tax & Money House

15. Innovative Accounting Solutions For Modern Businesses
Author: Business Tax & Money House

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: