How to choose the best currency exchanger to remit money from India through wire transfer

India has gradually been increasing its footprint across the international community. It is being pegged amongst the fastest growing economies in the world, with a large pool of educated professionals much in demand.  Indian entrepreneurs too are setting up shop overseas and studying abroad has become a regular feature. Little wonder then that outbound remittances by resident Indians have increased manifold, according to RBI.

In such exciting times, as an entrepreneur living in Pune, doing business with overseas clients is a natural progression. Sooner than later you will need to transfer funds. You should focus on three things when looking for the best currency exchanger to remit money from India.

1.    Security and reliability
2.    Best money exchange rates
3.    Speed and convenience of money transfer

Although banks are your best bet in the area of security and reliability, they will not tick all the boxes in your checklist. It is possible to have all the three parameters met with online forex marketplaces like BookMyForex, for buying, selling and remitting forex.

1.    RBI approved site with best money exchange rates

Being a forex marketplace of partner banks and leading money changers, you get the guaranteed best money exchange rates in your locality, online at any point of time.  They sort all the quotes to offer you only the best deal! So, all the legwork is done for you. You are not at the mercy of the ever fluctuating exchange rates, as their “Freeze the Rate”, feature helps you lock in your transaction rate while completing a transfer order. For large amounts, transferring money with the best online foreign exchange rates in Pune, will ensure big savings.

2.    Fastest wire transfer with the lowest charges

The fastest way to send money is via wire transfer. Yet doing a transfer through banks can take upto 5 to 7 working days. Doing a wire transfer with best online foreign exchange rates in Pune, however takes only 24 hrs.  Also, wire transfers attract processing charges which can go as high as an additional Rs. 1500/- with the banks and moneychangers. But BookMyforex charges a nominal amount of Rs.260/- for all wire transfers. Similarly getting a forex demand draft made will cost you the least here.


3.     Nothing can beat the convenience of online money transfer!

Log in from anywhere, anytime, over weekends and holidays! What’s more, you can get door pick up of your documents. Get special treatment at their partner banks and get a wire transfer done even if you don’t hold an account with them!

For further information, visit www.bookmyforex.com or call them @ 09212219191.

Author Bio :-

The author of this article is an expert in writing about foreign exchange. To get to know more about best online foreign exchange rates in Pune, login to BookMyForex.com and experience the whole new way of buying & selling forex at best & live rates.