International money transfer online: A seamless way to send money abroad

In this era of work-from-home, sending money abroad has become more accessible. Whether you want to send money to cover the cost of a medical emergency, education, or family maintenance, you can send money overseas with just a few clicks on your computer. 

International money transfer online is the safest and reliable way to transfer money from India to Singapore or anywhere else in the world. The transactions take place through a legalized network known as the Society for Worldwide Interbank Financial Telecommunications (SWIFT), which speaks volumes about the safety and security of your money.

Here are the benefits of international money transfer online:

●     It is safe and secure

Unlike the old days, transferring money from one bank to another has become more safe and quick. It eliminates the stress of losing your money. The bank keeps you updated and refunds your hard-earned money if the recipient does not receive the funds due to any issue.

Since all banks in the world have a membership with SWIFT, it makes international money transfer online a safe and reliable option.  Furthermore, it is the quickest way to transfer money from India to Singapore or anywhere else. 

●     Low service charges

Compared to money transfer agencies like WesternUnion and MoneyGram, sending money online is inexpensive. Such agencies usually charge higher transfer fees and markup charges that can cost you more while sending money abroad. The transfer fee is usually charged based on the transfer amount. So, the higher the transfer amount, the higher the transfer fee.  But, in international money transfers online, you only need to pay a nominal sum of the total transfer amount, not the percentage.

●     No paperwork involved

The best thing about an international money transfer online is that there is no paperwork involved to send money from India to Singapore or anywhere else. When you send money online, there is no receipt or paper to sign. You will receive the receipt electronically to your email address, or you will receive a text message on your registered mobile number. So, all proof of transactions remains online in the case of an international money transfer.

●     24/7 availability

Unlike banks, you do not have to stand in long queues or wait for the weekdays to send money abroad. The benefit of opting for an international money transfer online is that you can transfer funds at any time from anywhere. All you need is a smart electronic device with internet availability and enough funds in your bank account. You can transfer funds from the comfort of your home, and the recipient will receive the funds from the comfort of your home.

In short

With the international money transfer online services, you can send money abroad at any time for purposes, such as education, immigration, medical treatment, employment, and family maintenance without incurring hefty transfer fees.