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Easy Online Ways to Transfer Money Internationally

Posted November 29, 2018 by EasyFinance.com to Finance 1 0

Are you looking for ways to transfer money online? If yes then, you are on the right page. Today, we are going to discuss about the ways to transfer money by using online platform internationally.

There are many methods accessible for people like e-transfer, banks and some traditional methods of payments. Well, today we are telling the steps how you can send money through online international money transfer. 

So, here are the most important ways to transfer money online:

After selecting your mode you can transfer money online using the following steps:

1. Preliminary Quote

For preliminary quotes, you can use the calculator used for converting foreign currency which will give you the final quote of international money transfer. Well, this type of calculators will only give you a rate of currency. The rate will be different from time to time as the actual rate when you accept the payment can be changed as compared when the provider updates their rates.

 2. Account creation: 

When you like the quote offered by the foreign exchange provider you are liable to create an account. In order to open an account, you need to complete the registration first like your identity and nationality. You can submit passport and driving license as a proof. 

3. Now it's a time to get a detailed quote: 

After you create your account you can go to check on the website of the provider where you can ask for a second quote to get the real exchange rate.

4. Make a payment and receive your transfer: 

If you are happy with the second quote provided by the exchange provider you can pay them to confirm the transaction. The time of the payment processing depends on how you make a payment such as what you used like credit card and debit card.

5. Track the transfer: 

Yeah! You are also facilitated with the track my transfer service.  There are many companies who offer this service to their customers. You can see it after login to the company’s portal or website.

What is the simple method involved to send money online?

Sending money online becomes so easy after the introduction of online platforms. You just need to follow some simple steps given below to transfer the money:

  • First, sign up to your money transfer account or if you have an account already then, log in using the id and password.
  • If you have an Indian bank account then, use Pay by National Electronic Funds Transfer (NEFT)/Immediate Payment Service (IMPS) transfer.
  • Check the mail sent by them for confirmation of the payment. If your mobile number is registered then, you may get notification via SMS.
  • Within few business days, the money will be deposited in the bank of the local.

Well, there are so many choices available for people to online international money transfer such as Paypal, Azimo and other. These apps have a wide range of options and by using this you can send money over 200 countries. Meanwhile, everything depends on the priorities of the sender and location as well as, the communication between the sender and the receiver.

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