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Wiring Money - How to Wire Money
Posted: Aug 26, 2014
Wiring money has been taking place since ages now. There were times when wiring money was done through telegraphs which were sent through wires; and that’s how it has got its name. Today we have multiple options to wire money; telephones, internet, online transfer sites, online banking and many such ways through which money can be wired from one country to the other. With this kind of technologies available today to us we can send money in the blink of an eye and the beneficiary receives it even before we know it. It has become like a ball game, you throw the ball from one side i.e. set the scene for sending money and the person on the other side catches the ball i.e. receives the money in an instant.
Wiring money today is the easiest way to transfer money to India. Whether you are sending money to your friends, family or for the development of the country; you money will reach its desired destinations within a given period of time. And this process is so easy that is a mere task. It can be done in a hurry, when you are getting late to go for a movie or to work or elsewhere; you can still do it, because it is just the matter of a few minutes to set the transfer up. Now once you set the transfer, the rest is up to the service provider to see to it that the money is sent to the correct beneficiary and in time. Transferring money is just like sending somebody an email or a picture the only difference is that this thing sent is valuable and can do things.
Let’s say you want to transfer money to India from the USA, you will have to first book the transfer with a remittance site online. This is by providing them with your bank account details and the amount that you wish to transfer, all your details are completely secured and confidential only and only to you because these remittance sites are highly secured with firewalls protecting your account information and preventing it from getting leaked. Now once you book the transfer, the process starts and the service provider withdraws the amount that you book from your bank account and process it to sent to the beneficiary’s account. When you book the transfer you will be asked for the beneficiaries account details so that the money goes to the correct account. And all the monies here are flowing between the banks hence the chance for a fraud to occur are nil. So once you book the transfer to leave from your account, you have to be least bothered about the transfer, because you will be updated by the service provider when the money has reached the beneficiary. RemitLite is the best online transferring site to make a remittance from USA to India.Remi Li is the author of this article on best way to transfer money to India from US.