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Indian expats send money back to their families to support their living expenses, education, and healthcare.

Finding a secure and efficient way to transfer funds can ensure peace of mind. Take a look at these four money transfer solutions:

Use an Online Money Transfer App

Sending money back home has never been so simple. Take, for instance, the Western Union money transfer app. It is an all-in-one solution for saving funds, viewing exchange rates, and transferring money to your loved ones. Western Union also has agent locations in various Asian countries, including India. Other convenient transfer apps include Wise and Remitly.

You can simply scan your credit or debit cards to set up your card payment method. With just one tap, you can send money to India from anywhere in the world. Find a platform that offers the best money transfer to India services with the lowest rates.

Send a Prepaid Debit Card

Prepaid debit cards are another convenient way to send money back home. These are excellent for budgeting as you can load the card with cash upfront, and there is no way to exceed it. With a prepaid debit card, you can send money using two methods. You can simply reload your recipient's existing card online. However, if the recipient doesn't have an existing card, you can send them a physical card and load it immediately.

Prepaid debit cards are not widely accepted in India, so consider a backup option. There is also the risk of theft with a physical card, which is why digital cards are recommended.

Send a Money Order

Money orders are common in India, particularly in rural areas, where banking facilities are not readily available. Operated by the Indian Postal Service, money orders can be delivered to the recipient's doorstep, which makes it convenient for older individuals.

Money orders can be cashed at dedicated cheque locations. Simply buy a money order from a banking institute, enter complete recipient details, and send it to India. Make sure you keep the tracking number of the money order handy until you're sure the order has been received and cashed.

Choose Wire Transfer

In addition to money order, wire transfer is another convenient solution for Indian expats. Using a SWIFT or Society for Worldwide Interbank Financial Telecommunication network, funds are sent electronically from one bank to another. To initiate a transfer from abroad, you will need your recipient's SWIFT code.

Whether you're sending money for a special occassion or a family emergency, wire transfer ensures security and peace of mind.

Tips for a Smooth Money Transfer Experience

When it comes to sending money to India, there are some tips you should follow to ensure a smooth transaction:

  • Make sure you use a secure transfer method.
  • Double-check the recipient's bank details to avoid any delays.
  • Pay special attention to the exchange rates and fees.
  • If you're sending large sums of money, verify the limits and additional requirements of different payment transfer services.
  • Stay updated throughout the process by real-time payment tracking services.