Category Archives: Money Transfer Services,finacial services,foreign exchange money

Remittance rules every Indian student going abroad should know

The process of transferring funds from your account to an account which is set up in another country. The service for foreign exchange transactions in India comes under Foreign Exchange Management Act (FEMA). The Liberalization Remittance Scheme (LRS) was introduced … Continue reading

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   Things to consider before money transfer

  Transferring money by check, cash, bank draft or money order in modern day technology may seem old-fashioned. These methods are less popular when there are faster electronic methods to transfer money between accounts, states and even countries. If cost … Continue reading

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Understanding the Procedures of Outward & Inward Remittance

Sending money from India or Outward remittance can be a daunting procedure for common people as well as foreign businesses. There are several schemes and regulations that limit the amount of money that can be remitted for various purposes. The … Continue reading

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Tips for Transferring Your Money Internationally

Sending money internationally involves a lot of hidden charges, paperwork and security issues.  In case you need to send the money on regular basis- you have to pay a mortgage to the family member who lives abroad. This makes the … Continue reading

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