Money Transfer From UK To India

by | Oct 28, 2016 | Business

As per a study led by UN department of economic and social affairs, India has the biggest diaspora  population in the world and one such country which has a large number of Indian residing is the UK. Today, NRIs are amongst the largest Asian group in the UK. The UK population consists a good number of of the NRI population. This means that the UK government receives a share of the profits in addition to the taxes which they get. Many NRIs in the UK have occupy senior positions in reputed organizations. These  NRIs are highly skilled professionals and are in demand for their high quality skilled services.

The NRIs residing in the UK have their families and relatives staying in India. It means Indians working in the UK  are bound to transfer money from UK to India, in order to help and support their family back home. Thus the activity of money transfer from UK to India will be common and somewhat basic as well. As per reports India has received the highest remittance in recent years and NRI’s residing in the UK or any other country play a very important role here.

Compared to old methods of money transfer, the most effective way to transfer money to India is transferring money online. In recent days online money transfers services have captured a good base of customers abroad. Many of us want to save time and avoid visiting banks, hence if one gets a service at home or workplace, sending money is as per one’s comfort. The best option to transfer money back home is always the online money transfer service. Online money transfer services is considered to be quickest, safest and secured way of money transfer and it always gives a pleasant experience as compared to the ancient way of money transfers.

New customers need not be hesitant to get registered as it is simple. One just needs to provide his or her personal details with bank account. Going further they can provide the beneficiary bank details where the amount needs to be transferred. Many online service provided transfer money in day’s time and the money gets transferred directly to the receiver’s bank account, where there is no requirement of going to the bank and wait to collect cash from the counter.

Before transferring money to India from UK one also needs to opt for the best online money transfer service. Since there are numerous money transfer platforms, one has to select the most convenient and the most secure money transfer provider. One such platform is RemitGuru online money transfer service, which offers the best exchange rates and is truly customer centric when it comes to providing service.

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