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Send Money Online in three Easy Steps

Sep 23rd 2015 at 3:35 AM

If you are staying overseas and you wish to send money to your family or friends back home, choosing the online mode of remittance can help you save time as well as money. Once you register with an online money transfer agency, all you need to do is mention the amount and make a transfer from the comfort of your house or office. Online mode of remittance is very safe, provided you are choosing a reliable agency for the transfer. It is not only safe but also a quick method to send funds to your loved ones. 

You just have to follow three easy steps if you wish to send money online to your family or friends who reside in another country.

First step involves registering with an online remittance agency. You need to do some research and find a reliable agency that is not only licensed to carry out money transfer services but also offers low transfer fees and exchange rates. Once you have found a good agency, you need to open their website and fill the registration form, providing the required details such as name, contact number and so on. Since you will be providing the necessary details at the time of registration, you don’t have to fill the details every time you have to send money.

Second step involves adding the beneficiary details. You need to fill in details of the person to whom you wish to send money. Details will include vital information like name, contact number, account number and receiving bank details. You will also have to mention how you would want the money to be received by the beneficiary.

Third step involves sending money to the beneficiary. Once you have registered, you need to make the payment by using your debit card or bank account. You just need to provide the card number or bank details and the command to debit your account and credit the beneficiary’s account will be sent on the server.

When using online remittance agency to send money, you don’t have to wait for days for the money to reach the beneficiary. It takes merely minutes or one working day for the amount to reach where it has to. Whether you wish to transfer funds from the US to Sri Lanka or Bangladesh, online money transfer agencies will make the process quick and easy for you.

Since they charge a low transfer fee and low currency exchange rate, your family, friend or business associate will receive maximum of what you have sent. If you are transferring a huge amount,  send money to Sri Lanka free, without paying transaction fee. Many agencies waive off the transaction fee if you send a certain amount through them.

Such agencies even offer discounts during festivals such as Diwali or Christmas. If there is no urgency to send money, it is recommended to wait and make a transfer during festival season as it will assure you of low rates or discounts.  

Summary

Wish to send money online to Sri Lanka? Depending on the agency, if you are transferring a huge amount, you can send money to Sri Lanka free, without having to paying transaction fee

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