Top worries while remitting money to India

Today, online money transfer to India from USA is a necessity, and not a luxury. As there are millions of Indians in the US earning billions of dollars every year, they want quick and safe means of sending money to their home. Though you have hundreds of options, people have several worries about the safety and reliability of the same. Since it is hard-earned money, nobody can afford to lose even a single penny. Here are the top-most worries that haunt people while transferring money to India from US:

1. Is the money transfer service safe? What is the guarantee that there is no data theft? : If you use a money transfer service that uses 128-bit data security encryption, then there is no need to doubt about it. It ensures that the data transfer between your computer (and another handheld device) and the remittance server remains secure and private. Even if someone is able to look at the data stream, nothing can be interpreted by it. Since the servers are kept behind a firewall, in this case, unauthorized access is impossible. There are audit and security policies to check intrusions and evaluate threat periodically. Hence, it is possible to send money to India online without worries.
2. Is the money transferred using reliable banks? : When you select a service provider that works with only major banks, then there is a guarantee that you are using one of the best ways to transfer money to India. Check whether the remittance company has trusted banking partners like Citibank, HSBC, Interbank, Metrobank, etc. Also, the third-party organizations should also be verified by renowned standardization companies, e.g. VeriSign. It shows that the remittance company has a certificate for data safety.
3. What is the guarantee that my account will not be used in an unauthorized manner? : When a reputed remittance partner is hired to send money online to India, it is guaranteed that it will not be misused. A thorough investigation is carried out before clearing the account. Also, there is 100 percent coverage and reimbursement in case of remote chance of misuse.

When you want to transfer money to India from USA in the best way, the new-age online remittance companies are unbeatable. They protect the interests of their clients and make sure that not a single transaction goes haywire. Since they are regulated by the Federal Government, interests of every customer is secured.

Remi Li is the author of this article on best way to transfer money to India from US.