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Learn to Save Money On Transfer Money

Learn how to send money internationally reliably, quickly and securely with BookMyForex.com. We make it easy to send money overseas, online or in person. Methods of sending money.

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Learn to Save Money On Transfer Money

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  1. Top5concernsofParentsWhenSendingMoney Abroad totheirKidstoPaytuition fees… • Your son or daughter is living their (and maybe, your) dream of studying abroad. You feel like a proud parent because you helped to fulfil that dream. While basking in this pride and daydreaming about the things your son or daughter will achieve in future, you suddenly realise it is time to pay their next semester tuition fees. You are a bit concerned now. You have questions but no answers. Your son or daughter did all this thinking for you the first time but they are far away and you will have to figure out this on yourown. • You don’t need to be concerned. Sit back and keep dreaming of the glorious future of your kid while we here at BookMyForexanswer these concerns foryou: • 1: What do I need to make thetransfer? • To make an overseas transfer from India, you willneed: • Your Banks Details • Recipient’s details – name, address, name and address of bank, country they hold the account in. You will also need their International Bank Account Number (IBAN) and Bank Identifier Code(BIC) • 2:Whoprovidesanoverseasmoneyexchangetransferservices? • Banks- safe but uncompetitive rates and highcharges. • Retailers: Uncompetitive rates, high charges, slow process and not 100%secure • Online Money Transfer Services like BookMyForex: Extremely competitive rates, No hidden charges and very fast. 100% safe, secure, andreliable. • 3: How long will ittake? • Do you really want to sit around for days on end waiting for the money transfer to be complete? You don’t especially when the rates can fluctuate a lot. Also, you don’t want unexpected delays that can cause major headaches. You want to know when your money will arrive and be confident that it gets there on time. A wire transfer takes 3 days if you do it with BookMyForex. • 4:Whatifthingsgowrong,willIgetanysupport? • What if something goes wrong and your son or daughter abroad is still waiting for the money? You want someone readily available to talk to or email should you have any concerns. • BookMyForex has a customer support team that will be available to answer all your questions anytime on email as well asphone. • 5: What fees and Charges areinvolved? • Studying abroad is expensive and you don’t want any extras. Banks and money exchangers have unfavourable currency conversion rates. If it was a small amount, you may want to ignore it but when it is millions of rupees involved, it is frankly frightening and alittle

  2. burdensome. Banks & traditional money exchangers hide the real cost to the consumer and make it almost impossible for you to do a ‘comparison shop’ and look for better rates with zero charges. Unexpected fees and a laughably bad exchange rate could cost you thousands of rupees along the way – especially if banks areinvolved. BookMyForex charges no fees and the rates you get are guaranteed best rates. If you are not happy with the rates, you can set rate alerts. If you like a rate but want to compare with others, you can always ‘Freeze’ the rates against a refundable deposit of2%. Now that the concerns have been answered, you might be wondering what next? BookMyForex which is India’s first and the largest online marketplace for currency exchange and international remittances will help you with the transfer. Visit the website or call us on 09212219191 and we will handle it foryou. You need to ensurethat: The ombudsman suggests customers take care when making payments and offers these tips. · Exchange rates change by the second - make sure you know the exchange rateand how much money will be received the other end to avoid unpleasantsurprises; · · Be absolutely certain you have the correct details of therecipient; International banks can take longer to credit customers - if timing is important,make sure you know when the funds will arrive in the overseasaccount; · Complaints are rarely made about withdrawing money abroad, but theombudsman suggests fixing the exchange rate for a fixed period to avoid getting stung during the transfer.

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