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