What is the best option to transfer money for my overseas education from India?
New friends, learning, and experiences are all that go through the minds of students going abroad for higher education. But their parents or caretakers will be thinking of ways to send money for overseas education so that their loved ones will have a great learning experience there.
Don’t worry you have got the best way to send money abroad through currency exchange service providers. You can send money to a foreign university through money drafts and wire transfers. What are they? Money drafts are the traditional method of sending money abroad. You will have to request a draft from the service provider for the required sum of amount. Then you will have to mail it to the receiver who can receive funds when he produces it at the nearest bank. This one is cheap but takes too long to complete. Whereas in wire transfer, the transfer is done directly between the banks. It is facilitated by the SWIFT network as it combines several banks around the globe under one network. This one is fast but attracts a transfer fee.
Once you select the method through which you are to transfer the fees, select an authorized money changer near you because they are better than banks when it comes to forex services. You can save a lot of money as well as the time when you opt for one of them.
But always compare between several forex dealers and go with the firm which satisfies some qualities like they have to give you the best in market transfer fees. Their service should be fast and less time-consuming. Their services should be comfortable to use and trustable. Go with the experienced ones so that you won’t go wrong most of the time.
So, take your phone and search “money changers near me” and start your money transfer most easily.