Promises Come Home with Remit2India

Send Money to India

People settle overseas in order to chase their dreams, earn success and enjoy a good lifestyle.

But the truth is, even if they’ve made a home away from home, India will never stop being their home.

After all, it’s a county where all their loved ones reside.

And, no matter how successful these NRIs get, they are always concerned about their families back home.

Which is why, the money they send home is never an obligation or out of a sense of duty alone. The money they send home is a promise of love, hope and security.

So while Remit2India is a remittance service that offers instant transfers, awesome exchange rates and great deals, it’s also about helping NRIs keep their promises to their loved ones. And hence is born our brand idea – “Promises Come Home”.

In a category that is very transactional, we want to touch hearts, invoke nostalgia and through our promise drive clicks and connections. Remit2India – “Promises Come Home” is what our brand ambassador Virat Kohli also talks about in the unique story of his NRI cousin’s promise.

Watch our brand film on YouTube to know more.

Fly home free with Remit2India

Transfer Money to India

UK to India remittance just got more exciting!

In association with Air India, Remit2India has come up with an exciting new offer for its UK customers. Valid till 30th December 2017, this offer gives UK customers a chance to win a free return air ticket from UK to India. All they need to do is initiate a money transfer from UK to India during the offer period and enter coupon code AIRINDIA20 while booking the transaction. With this offer they not only get a chance to send money to their family at excellent exchange rates but they also stand a chance to surprise their loved ones by meeting them in person.

Remit2India has always been committed to provide the best rates and offers to its customers. This new promotional offer in association with Air India comes with several other benefits. If you are an existing customer, you will be getting 15 paisa extra on all transactions. Whereas for new customers, Remit2India assures extra 30 paisa with maximum sending amount of GBP 2000 (valid only for the first transaction).

That’s not all! No fees will be charged for the transactions made by customers during the offer period. As always, customers will be offered the best foreign currency exchange rates and the money transfer will be completed in just 1 working day (subject to receipt of funds and compliance verification).

To keep up with the winter spirit of fun and vacations, this special offer by Remit2India will surely add plenty of cheer to the lives of our UK customers. We guarantee extra benefits on every pound that you will be sending to your loved ones in India.

So what are you waiting for? If you had plans of sending money to India to your friends or family, then do it before 30th December to avail this exciting offer! Sign-up now here.

The Many Ways of Online Remittance to India

Sending money to India is a major concern for those living abroad. Moving your finances is never easy, since the currencies are different and there are a lot of nitty-gritties involved when it comes to money transfer. Clearly, there is no ‘one size fits all’ kind of solution for money transfer and you need to figure out what works best for you. While looking for the best money transfer services, it’s important to choose licensed transfer operators. If you are looking for the best possible ways of money transfer, here’s a quick lowdown on everything you need to know.

While looking for money transfer services for online remittance to India, you need to understand that not all companies operate worldwide. Before going any further, make sure that the company has a robust network and operates in the country you want to send money to. Your own bank could be a good starting point since most banks now offer international money transfer services to their customers. And the best part is that you are eligible for a whole lot of special privileges and discounts if you have been with that bank for a long time.

Of course, the rules and the fee structure would vary from one bank to another and transferring money through your bank may not always be the most economical option. You can, however, ask about exchange rates and the charges involved, and then make a choice. You also need to ask about the preferred currency for the transaction along with the time taken for transfers to India and other countries. Banks are undoubtedly one of the safest means of money transfer, though they may not always be the cheapest.

It’s quite obvious that the best way to send money to India may not be the most economical option but knowing your options takes away the stress from the money transfer ordeal. If you need to send money, but do not have an account yet, you may consider the services of transfer operators. Transfer operators offer their services online and are often your best bet in case of an emergency, or when there is a major time crunch. They usually have a strong network, operate worldwide and are always just a phone call away.

A transfer operator will enquire basic details such as identity proof, after which you would be given a reference number that enables the recipient to receive money. If you know of good transfer operators in your country, you may consider their services for quick money transfers. To be on the safer side, you may consider sending only small sums initially. Foreign exchange brokers are also known for offering decent exchange rates and the transfer fees are also pretty reasonable. Locked-in exchange rates often sweeten the deal and create a win-win situation for you as well as the foreign exchange broker.

While looking for swift transactions, make sure to pay equal attention to safety every step of the way to avoid complications or nasty surprises later.

Consider these 3 things before you transfer money

Things to Consider Before Transferring Money Online

Transferring money from one country to another can be a regular task for some, but for others, it could be a tough one. If you are an Indian living abroad and planning to send money to India, you will either have to visit an agent or your bank or the best way is to make the transfer online. Though there are many ways through which you can send money to your country, you should always check how safe their service is. Apart from these things, have a look at the three major points that should be considered before you transfer money.

  • Watch Out For Exchange Rates – When you transfer a certain amount of money to another country, the money transfer agency or services charges a particular amount. Every financial institution has different exchange rates for international transfers. It is important to be vigilant and check the exchange rates, compare it with other money transfer agencies and select the best rates for a beneficial transaction.
  • Decide The Amount – Depending on the amount you are planning to transfer, select the mode from different money transfer agencies offering competitive rates and packages. For e.g., Remit2India can help you to transfer from minimal amount to a large amount of money up to 50,000 USD from the US to India. Money transfer services like Remi2India is ideal to make all types of money transfer conveniently to India.
  • Check The Transfer Fees – Many banks around the world or in the US to be specific can be very expensive when it comes to moving money internationally. The transfer rates of such financial institutes are very high and may burn a hole in your pocket when you want to send money to your loved ones in need. Remit2India offers zero transfer fees when you send money from Australia to India.

Sending money online is the best way when you want to transfer funds on an urgent basis without spending too much on its transfer. Remit2India is one such money transfer service that helps you to quickly and securely send money to your friends and family from 24 countries around the globe to India.

Why Are Important Documents Required For Money Transfers?

Importance of Documents for Online Money Remittance

Transferring money to India requires you to present few important documents. But some financial institutions can ask you for other supporting documents in addition to the regular documents. A list of documents required by a money transfer agency can include photocopy of a driving license, proof of residency, passport, or a proof of income like a bank statement or pay slips.

A lot of times, we have heard complains from our customers that there are a lot of questions asked, many documents to be shown and multiple verification calls. Thing to understand here is that all of this is for a reason. Fraudulent transactions are at a rise and we need to ensure that our customers’ money is safe. This is the reason we have stringent compliance checks and strict verification processes, that may demand a lot of documents.

If you wonder why these documents are so important, have a look at the two main reasons mentioned below:

  • Verification of Identity

Financial institutions require additional documents in order to cross verify the identity and income structure of the money transfer applicant. Cross verification is most commonly conducted by financial institution mainly banks and money transfer agencies, as without the confirmation of a sender, the transaction cannot be completed. Also, to prevent delays in money transfers, one should provide genuine documents for verification.

  • To Detect and Prevent Frauds

To prevent illegitimate use of funds, you need to provide authentic and original documents to the transfer agency or a bank. These documents are collected to avoid scams like money laundering, currency counterfeiting and black money transactions. For example, one can transfer an unauthorized amount of taxable income from one bank to another, regardless of any country, without actually paying the taxes. To avoid and eliminate this, documents presented by you aids the banks to trace illegal activities or block an ongoing fraudulent transaction.

Therefore, it’s necessary for banks and other remittance companies across the world to ask for a set of documents while signing up for their services. It’s no different than your bank asking for KYC (Know Your Customer) documents for opening up a checking, savings or a current account. For further information on the required documents and our services, contact our customer care executive by sending an e-mail to info@remit2india.com or visit www.remit2india.com

Which exchange rate is better – Guaranteed or Indicative?

Which Exchange Rate is Better For Money Transfer

Foreign exchange rate is the value of one currency for the purpose of conversion to another. If you compare INR and USD, the value of INR when compared to USD becomes the exchange rate. The exchange rate can be based on multiple factors such as market fluctuation. There are two types of exchange rates, locked-In exchange rate, also known as fixed exchange Rate and indicative exchange rate, also known as floating exchange rate.

What are Locked-In Rates?

In Locked-In exchange rate, the value of a particular country’s currency is fixed to the value of another single currency. This exchange rate is set by the government or the central bank to maintain the official currency value within limited bandwidth and to also keep the interest rates lower. This way the exchange rates are appropriate, and the government can adjust it whenever required.

Features of Locked-In Rates:

  • Stability in exchange rate
  • Lessens transaction charges
  • Remains same, as it is set by the government
  • Secured transactions

When you make an international money transaction with locked-in rates, the exchange rate is fixed when it is applied at the time of conversion of overseas currencies. It means that with this, the sender will know the exact amount of money to be received by the recipient. It is also a useful option if you have a fixed commitment overseas like loan, EMI, mortgage etc.

What are Indicative Rates?

Indicative exchange rates fluctuate according to the market forces of supply and demand. The change of market conditions also causes the exchange rates to fluctuate invariably. Neither the central bank nor the government interferes in determining the price of the currency.

Features of Indicative Rates:

  • Keeps fluctuating
  • The change in supply and demand adjusts automatically
  • Highly flexible
  • May lead to inflation, which has to be controlled by the government

As indicative rates are floating exchange rates, they are not locked at the time of a transaction. Since the rates fluctuates, the amount received by the recipient during the transaction may vary.

It is important to be aware of these two types of rates while making an international transaction. Apart from this, you can also consider various other factors when remitting online.

Which rate do I choose?

Remit2India offers both guaranteed and indicative rate when you send money to India. Sending money through guaranteed rate is always safe, but if you are willing to take a little risk and can gauge the market condition, you can choose indicative rate as you might get higher returns.

Send large amount to India only with Remit2India

You might be sending money to India for renovation of your house, buying a new property in India, sending savings to India, for loan repayment or other reasons. Many of us think that it is a long and difficult process to send huge amount. But with Remit2India, it is a hassle free process. Remit2India helps you to send money to United States with great benefits.

Only with Remit2India, you can send as much as $50,000 to India in one go and avail zero fees and special rates by speaking to one of our customer service executive. When we say zero fees, we will not charge you any extra fee, transfer charges or hidden fee to send money to your friends and family living in India. Now you can send money from the US to India without worrying about the extra charges. The service is completely online and you also get personalized service. Since the transaction is done through local wire transfer, many banks do not charge any fee; hence there are no local bank charges. The benefit is passed on to the customers.

We also have ongoing extra paisa offer where for every dollar transferred, we add guaranteed 15 paisa to your money. This adds up to a big extra sum when you transfer large amount to India.

So, whether you are an IT professional returning back to India and looking to transfer your savings or a doctor wanting to construct a house for your parents in India, Remit2India is there to fulfill all your wishes and provide you a hassle free experience of sending money to India.

For more details you can contact us on +1-888-736-4886 or send a mail to info@remit2india.com .

If you are interested in sending large amount to India, visit:

http://sendmoneytoindia.remit2india.com/WireTransfer-USA/index.asp

Relive your summer days!

It’s summer time here in India and we are sure that all of you would have fond memories from school and college before you moved abroad. To keep with the summer spirit of fun and vacations, we are running special offers for our NRI friends across the world.

If you are sending money to India from  US, UK or Australia, we have guaranteed extra benefits on every dollar/pound you send. What’s more, if you are using our service for the first time, we are giving out an assured gift voucher from Amazon or Coles depending on where you are sending money from. The voucher value ranges from a cool US $ 25, A$ 35 and UK pound 20.

The details and terms of the offers by country are included below:

Sending country: US

US2

Offer:

  • 15 Paisa Extra Per USD

Send money from US to India and get guaranteed 15 paisa extra per USD (US dollar), adding more value to your transaction with us.

  • Benefits on First Transaction

Get a $25 Amazon voucher on the first transaction you make with Remit2India.

Get in touch with us at 1-888-736-4886 to know more.

Sending country: Australia

AUS-1

Offer:

  • Up to 50 Paisa Extra Per AUD

Want your loved ones to get maximum of what you send? Initiate a money transfer from Australia to India and get up to 50 paisa extra per AUD (Australian Dollar). Just log on to www.remit2india.com and add more to each dollar you send back home, multiplying the joy of sending and receiving money.

  • Enjoy Perks on your First Transaction

Become our valued customer and get a $35 Coles voucher on the first transaction you make with Remit2India.

  • Free Transaction

Increase the value of your money transfer. Enjoy zero transfer fees on your first transaction when you send money to India from Australia.

Get in touch with us at 1-800-859-876 to know more.

Sending country: UK

UK

Offer:

Something extra with your first transaction

If you are living in UK and you choose Remit2India for sending money to India, we will give you a GBP 20 Amazon voucher on your first transaction. This offer is valid until 30th April 2016.

Get in touch with us at 0-800-016-3404 to know more.

So make sure you make hay while the sun shines (here in India). The offers are for a limited period so get started now.

Why is it Expensive to Use Credit Card to Send Money to India?

You can use your credit card to send money overseas. However, if you have to send money back home on a regular basis, credit card will be an expensive option. For instance, you will have to pay a high interest rate as “cash advance” from the day you initiate the transfer. There are chances you won’t be getting a competitive exchange rate and you will also end up paying more money as fees.

According to remittance experts, a direct debit, EFT (electronic funds transfer) or a transfer from the bank account will be a better option instead of using a credit card. You will not only get a better deal but also pay lower fees.

There is no doubt that a credit card is extremely useful if you wish to buy now and pay later. But if you are using it to send money to India or any other country, make sure you are aware of the fees, charges and fine prints. This will save you from paying too much for making an international transfer.

When can you use your credit card?

You can use your card when there is an emergency and you don’t have any other way to fund your money transfer. It can also be used, if you will be getting benefits from a reward program such as frequent flyer miles or cashback.  

Points to remember

Remember, not all remittance service providers accept credit cards as payment for funding an exchange. When you make a transfer, the credit card company will be charging you high interest rates on the cash advance from the day the transfer has been initiated. There will be several other fees and charges that you might have to incur when transferring money from your credit card. It can be an expensive option, especially if you have to send a large amount overseas.

Fees charged by remittance service providers is usually high because the card issuing company charges multiple fees to them each time a transaction is placed by a customer. Apart from a fixed fee for having a merchant account, the card issuing company also charges inquiry fee per transaction. Since money transfer companies end up paying a high premium to the card issuing company and their fees is massively marked up, they pass the cost to customers, making remittance expensive for them.

Remit2India: Special Festive Offers

This festive season, Remit2India will add plenty of cheer to your lives. Need to send money to India? Well, Remit2India is surely your way best bet. Send money with Remit2India this month and get amazing offers each and every time.

Here is our list of offers that are live currently:

Sending Country: United States of America (USA)
Sending Currency: USD
Offer 1: POWER 30

Remit2India Power 30 Offer

Festive Offer for United States to India

Send money to India from United States via Remit2India and get delightful offers on your first three transactions with Remit2India. On each occasion, get assured dollar thirty added to your transaction.

Offer 2: Special Login Offer

Sending Country: United Kingdom (UK)
Sending Currency: GBP
Offer: 50 % extra in INR value

Remit2India - Special Offer for Indians in UK

Special Offer for Indians in UK

Send money with Remit2India nad get upto INR 100,000 added to your transaction. Everytime you send money in GBP you get 50% of the sending amount (in INR) added to the transaction. For instance, send GBP 5,000 and get INR 2,500 additional added to the final transaction amount.

Sending Countries: Europe (Eur)
Sending Currencies: EURO
Offer: 50 % extra in INR value

Sending Country: Australia (AUS)
Sending Currency: Australian Dollar
Offer: FLAT 40 paisa extra per AUD

Remit2India - Special Festive Offer for Indians in Australia

Festive Season Offer

Send any amount from Australia to India and get assured 40 paisa per AUD added to your transaction.

There is something in it for everybody.

For more information you can visit our website – http://www.remit2india.com. Alternatively, you can email us at info@remit2india.com

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