Sending money to India when you are in a foreign country can become daunting, but it doesn’t have to be. You moved to another country for a better job, start your business or whatever reason you had. Now you want to take care of your family financially in India and regularly send money to India. Online money transfer is one of the most popular choices when it comes to sending money to India from any part of the world. Choosing to transfer money online to your loved ones in India will help you and the recipient by making it easier to transfer funds whenever needed. Let’s find out what are the steps you need to follow if you want to transfer money online to your family or friend in India.
It is crucial to keep your family financially secure when you are away in another country. To manage the finance of your family in India, transferring money regularly is needed. That is when online transfers become the best option available. This method of sending money is time-saving, efficient, saves effort and saves money as well. These are just a few benefits of choosing an online form for transferring funds from one part of the world to India. The process of sending money online is easy and user-friendly; hence anyone can quickly learn how it works and get on with it.
Why choose the online method to send money to India?
The answer is simple. Online money transfer is the easiest way to send money to India fast. No matter where you are, you can choose this method, and the recipient will receive the money faster than any other method available. For sending money to India online, you will need a device that you can use to log on to your bank’s website or application and an active Internet connection. If you haven’t registered with a bank to send money to India, then you need to get in touch with the bank you choose. Here are the most common steps that you need to follow for sending money to India using the online method:
Step 1- Step one is to register with the bank of your choice. You will need to log on to their website or download their application on your smart device. Then you will be asked to fill out the account opening form, where you will have to give correct answers to the questions asked.
Step 2- Step two is your identity verification. Once you are done filling the form and registering yourself with your bank, the bank personnel will schedule a verification video call with you. They will ask a few questions about your identity and your documents.
Step 3- The third step is to enter the amount that you want to transfer to India. Once you are verified, your account will open, and you will be notified about the same. Now you can start the process of sending money to India to your loved ones.
Step 4- The last step is to add the recipients’ details. Make sure you double-check the details, and then you can go ahead and send the money online to your loved ones in India.