Thursday, April 8, 2010

Remit2India - Best Online Remittance Service in India

Remit2India has changed the way non-resident Indians (NRIs), one of the largest remittance groups globally, remit their money to India.

The traditional ways of remitting money come with several difficulties, which Remit2India ensures will not bother you when you sign up. It takes time to cash cheques, and large charges are levied by the banks. In the case of a wire transfer, you face a tough time trying to locate where your money is held up in the correspondent bank network. Offline methods of sending money to India include mainly mailing cheques and DDs. The recipient can deposit the cheque in his bank account and wait for it to be cleared. The problem with this transaction is relatively longer periods (usually 15-21 days or more) for clearance of cheque.

But, Remit2India is one remittance service that has done away with the disadvantages of traditional money transfers including inordinate delays and exorbitant fees. Remit2India is consistently being ranked as the world’s number one online remittance service to India. Remit2India uses state-of-the-art technology and facilitates proactive internet-based remittance services, to serve the needs of those who send small to mid-sized amounts back to their home country. Remit2India connects a variety of ethnic communities to their home country, by offering the convenience of new age access channels, for their money transfer need.

Many non-banking companies have also been active in this business, but Remit2India actually delivers a revolutionary remittance solution that is widely known for its diverse payment methodologies and delivery modes. Backed by the world's most eminent media company with a rich legacy spanning 200 years, Remit2India assures unparalleled remittance services.

find more way money transfer to India at www.remit2india.com

Remit2India makes it easy to bring money to India

The importance of the flow of remittances for developing countries cannot be underestimated and Remit2India plays a vital role in this segment. Remittances account for more than 10 percent of the gross domestic products (GDP) of 15 developing countries studied by the International Monetary Fund (IMF). In short, remittances represent a source of funds that is being acclaimed as the “great new hope for the developing world”.

Practically a new, transnational way of life is emerging in which immigrants participate in two communities at once: they pursue financial goals for themselves and their families in the host country, while at the same time planning joint investment projects with their families back home These families that live in two countries at once are, in fact, highly integrated transnational economic units and Remit2India acts as the bridge.

The intermediation of transfers is a hidden business jewel with almost unlimited potential. Wire transfer companies have traditionally been the most common formal means of sending remittances, with banks and other formal financial institutions a distant second and third. But this may be changing, with emergence of Remit2India, a personalised remittance service from TimesofMoney.

A flagship brand of TimesofMoney, Remit2India brings money home to India from several countries around the world in the easiest form of online remittance. With Remit2India, NRIs can bring money to India from U.S., U.K., Australia, Canada, Hong Kong, Singapore, Germany, Spain and many other European countries.

Remit2India offers the facility to send money to India from most of these countries directly to your bank account. Remit2India also allows NRIs to send money safely using check transfers, wire transfer, ACH/Direct Debit, credits cards etc. The money can be received in India through demand drafts, account credits, remittance cards etc via Remit2India.

Find more details on sending money to India at www.remit2india.com

Sunday, April 4, 2010

Trust Remit2India for International Money Transfer

When it comes to international money transfer, India has consistently been the top recipient of worker remittances for almost a decade now and Remit2India has been a leading player amongst remittance providers. According to the World Bank figures, India received remittances worth $51.6 billion in 2008.

When it comes to money transfer, the non-resident Indians (NRIs) are one of the largest remittance groups globally and they send billions of dollars to their home country and trust becomes a very important factor in this.

Remit2India, a personalised remittance service from TimesofMoney a Times group company understands how important the factor of trust is. In fact, Remit2India has been very swift in gaining the trust of millions across the globe. Remit2India is created to benefit a burgeoning global expatriate community. Remit2India offers expert remittance services to a community of over 7 million individuals.

Remit2India has fast achieved the distinction of being India’s largest remittance service provider. Remit2India also has the widest delivery network. NRIs send funds to their home country for various reasons – financial aid for their parents, investing in real estate, shares, putting money in bank deposits, for gifting purpose and so on.

The most important factor in these transactions is the options available for transferring money from countries across the world to India. NRIs have various options available to them, but it is important for them to identify the one that is the most convenient, easy, safe and low cost. Remit2India offers them the pre-requisite safety along with the benefits of low cost. So, next time you want to send money to India, make an informed and correct decision by choosing Remit2India.