Every day millions of transactions online (Remittances) are done worldwide. People living abroad use different platforms for sending money home. Most people ignore the key factors that play an important role in remittance. Eventually when they bear the loss of hard-earned money during a transaction online, then they realize the mistakes made in carelessness.
Here we will discuss all those factors that must be taken into consideration before making any transaction online.
1. Exchange Rates
The exchange rate is the value of one currency to the value of another currency for the purpose of conversion. As usual, remittances are made by ex-pats living overseas to their homes and there is a possibility that both countries might have different currencies and values of currencies in the international market. So, it is advised for everyone to research the remittance companies that are offering the best exchange.
When you select an online money transfer company, must compare their exchange rates with other companies and select the one that has the best exchange rates. Remit Choice always offers the best exchange rates on all international money transfers.
2. Transaction Fee
As an overseas, you must consider the transaction fee before doing remittance. Because most companies charge a high fee for their services. Only use companies that charge a low fee or Zero fees. You can also check if a company charges any additional fees or hidden charges for providing fast service.
Remit Choice is an international money transfer company and has millions of satisfied customers. This is because we do not have any hidden charges for providing the best rates or instant delivery. We charge a small fee which is only a service charge to make a transaction online.
3. Delivery Time
It is a fast era and everyone is in a hurry for any kind of work. Same as the case for remittance, it must be in an instant as in case of emergency it must not be delayed at any cost. You should look at the delivery factor and choose a company that provides instant services for remittances.
An instant transaction should be completed in a few hours or within a day. Choose Remit Choice as we deliver money to your loved ones’ hands on the same day without any delay. Thus, in case of any emergency, you do not need to worry. We know the value of time and your hard-earned money.
Mode of Remittance (Agent or Online)
Through agents and online modes, anyone can send and receive money. Some people still prefer to do remittance through agents but some shift to online. If you send money through agents it might be a time-consuming process due to (the unavailability of agents on weekends, and closed offices after official time).
But now everyone can send and receive money online with just a mobile phone and Internet connection. For easy and secure transactions, select a trusted online money transfer company. Remit Choice is trustworthy due to its regulated license from various government entities.
Service Availability Before Making a Transaction Online
Before sending money, do research and collect information about that company’s network and service details. Contact the company’s customer support also for a better understanding of the sending and receiving money process. Check if services like bank transfer, cash pickup, or mobile wallet are available in your receiving country.
If you made any transaction online without prior information it might cost you. This may create problems for your recipient to receive instant cash from the payout branch.
What Remit Choice Brings to the World of Remittance
Remit Choice is one of the top companies in the world of Remittance which provides premium services and tackles each factor as its priority. Due to this, remittance becomes so easy and simple with us and expats trust in using our services. We offer various benefits such as:
- Best Exchange Rates
- International transactions online at a minimum fee and zero hidden charges
- Instant cash delivery
- Services are available online through various ways (Website and Mobile App)
- Available in 70+ countries and gradually expanding our network
- Refer A Friend reward
Conclusion
If you need to make an international transaction online keep in mind these factors. Considering these key points will let you make instant and secure transactions while saving money. Furthermore, you can refer your friends to Remit Choice and earn extra rewards for you and your friend.
