NRI Money to India Transfers Now Simple and Secure with Online Remittance

Posted by Reuben Williams on January 5th, 2021

India has one of the highest numbers of its people working in all the different parts of the world. A common need among most NRIs is sending funds to their families that still live in India.

While NRIs commonly used offline agents for fund transfers to India, digital remittance has now become the go-to choice. What makes online remittance so popular among NRIs? Take a look at some of the top reasons-

1. Efficiency and Speed

With offline transfers, NRIs are required to visit the money transfer agent to use their services. But online transfers do not have any such requirements. No matter if the person is at his/her home, office, or even travelling, he/she can complete the transfer within minutes.

Moreover, as compared to offline transfers, digital remittance is also significantly faster. There are now online transfer services that offer facilities such as instant transfers and same-day transfers.

2. 24x7 Availability

Unlike offline services that are only available within fixed working hours, digital transfers are available 24x7. All you need to do is log in to the online transfer portal on web or mobile to make the transfer irrespective of whether it is day or night.

This feature can be highly beneficial in cases when you need to send funds to your family in India during an emergency.

3. Highly Secure

Reputed remittance service providers use advanced security features to ensure that each of the customer's transactions remains fully protected at all times. The platforms are monitored 24x7 for complete safety of the funds.

Also, rather than sending cash through offline methods, which is always a risky affair, online transfers deposit the amount directly into the bank account of your beneficiary.

4. Lower Service Fee and Competitive Exchange Rates

As online remittance providers do not have high overheads like offline service providers, they are known to charge a lower service fee. If you regularly send funds to your family and friends in India, then this can help you save a considerable amount of money over time.

There are also some reputed Indian banks that offer digital remittance services. As they have a vast national and international banking network, they offer highly competitive exchange rates as well.

5. No Paperwork

With NRI money to India transfers online, you are not required to sign any form or collect any paper receipt. Everything is easily managed online. When you create an account with an online remittance provider, you get your user ID and password, with the help of which you can use the transfer service as and when needed.

Like any online banking transaction, you need to enter the details of your beneficiary, select the transfer amount, and confirm the transaction. All your transfers are digitally recorded for future reference.

Digital Remittance for Sending Funds to India

The convenience, speed, security, and affordability of online remittance set it apart from traditional remittance methods.

Look for a reputed Indian bank that offers digital remittance services to experience all of these valuable benefits.