Many people around the world are migrated from India, and the reason behind this is the low rate of wages, and jobs as well. So keeping these issues in mind many people migrate to the different parts of the world in search of better jobs and high wages. Now the people who migrate abroad leave their family behind, because taking care of family, finding a new job, and getting settled in a new land is a tough task to be done all at once.
So mostly people just travel; alone, but at the end of every month, they spend almost half of their salary back to their family in India which is for sure no less. If you want to Send Money to Asia then for sure there are several methods that you can utilize. Now most people living abroad when Send Money to India then their priority is to keep the option simple, secure, quick, reliable, and less expensive.
Plus and Minus Points
Well, you must understand that each option to Send Money Online has its own benefits and drawbacks, and before you choose one of them it is necessary that you should know all the points about them. Well let’s start from the old fashioned method, and for that, it is sending a Cheque to your family. Now, this
method is really simple and easy, but it will consume a lot of your and your family’s time before they get the cash in their hands. First of all what you have to do is to send the Cheque through a courier, and of course, a courier from one country to another might take several days to several weeks. And once then
The cheque has been received then still the process is not over. From here on your family has to take the Cheque to the bank, and the bank will then process that Cheque. But this Cheque being an international one might take several weeks before it is cleared.
So your family has to wait for at least two whole months before they get the cash, and this is the main drawback of this method. Further, this method also has some other sensitive issues as well. As you know that the rates of currency changes every day, so there is a possibility that the rate at which you wrote
the Cheque is not the same on the day they receive cash. Furthermore, you have to write a Cheque with date little advance, and this process is necessary because who knows how many days it will take for the Cheque to be received. Then there are some International standard banks as well having branches in different countries, and if you send the cash through them then this process will take less than the process of sending Cheque.
Well, all of these are old and outdated methods, and this is the age of modern technology so you must choose the modern method of Send Money India Online. And when it comes for the online process then for sure the first name that will pop out in your mind is Ace Money Transfer. Now the reasons that why this money transfer company is so much famous around the world is its availability and low transfer rates. There is no doubt that during the past decade no one was even aware of this name, and at that time some other brands were the top head. But now this brand is also counted among other top brands, and the reason behind this is the quality of services that they are providing for their clients. First of all, ACE Money Transfer uses the online methods to transfer your cash around the world, and as you are already aware that this is one of the fastest methods to transfer your cash. Reliable Service
But many people are now worried about the online security system with all the stories revolving about the online thefts during money transfers. And for that Ace Money Transfer ensures the best and reliable service for their clients. And for your further satisfaction, you can also go for their client reviews, so that
you may understand the quality of services they are providing with security and reliability from so many years. Secondly, people usually lookout for the low price for the transfer fee, and this is something that is available at the platform of Ace. Besides Ace, there are several other options available as well including MoneyGram and WesternUnion which is one of the leading brands for online funds transfer from the past decade.
And even after passing so much time still, these are one of the leading brands to send money to or from Asia. But the problem with these transfer services is that with passing time they have been increasing their transfer rates, and currently, they are ranked being one of the expensive services to transfer your cash around the globe, and this is one of the biggest disadvantages of using this service. But there is a positive side of these services as well that you can find their collection points even in the far off lands as well including small towns or villages. And this is something that makes it easier for your family to receive cash without any trouble. And now coming back to the banking service, so they provide the service of cash transfer online as well, and with even more security.
If someone wants or even try to hack the server of these banks, then no doubt he has to go through a lot more trouble to get access to them. Even if he gets access to those servers still he has to face the tracing of his IP address. In other words, if there is any kind of security that you can imagine then the bank is
using it for their system. But again their drawback is the expensive rate for the transfer of cash and usually, people use their service when they have to send a huge amount.