Finance

Have you heard about Money2India? If you have not, then this piece of information is both vital and useful for you. This service is an online money transfer method brought to the public by ICICI bank. This service can be used by any person from anywhere on earth who wishes to send funds to India. Of course, the ease that this method offers and the prompt delivery makes this option as one of the most popular and sought after choice by numerous people.

So, how does this work? The process is quite simple. It owns intermediate links management and therefore, the funds transfer is instant and problem-free. If you wish to make use of this service, then you must first create an account at the site money2india.com. The transfer of funds can be initiated either through online banking or credit card. Just fill in the details of recipient and the amount to be transferred.

Each request is given unique tracking number and then the request is sent to the local bank account which is owned by the same service. When the funds that are transferred reach the destination bank account, money is deposited directly to the account of recipient. The exchange rate depends on the tine when funds are transferred to Indian account.

The money2India is a facility which is very direct, quick and simple and it is of course, not quite influenced because of the delays of local banks. Yet, the service is wide and specific to region. So, if you make use of an option in US for funds transfer, you may not be finding it when you transfer money from UK or Singapore.

You can further pick any of the options for transfer of funds. The various options available are E-transfer, Cheque transfer, NetExpress and Power Transfer.

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