The frequency to transfer money from one account to the other has increased in the recent past. Most of the banks offer easy online money transfer services to the people living abroad. Long gone are the days when residents used to think twice before sending money to India from any foreign country. If you are transferring cash online for the very first time, it is a must to follow certain safety measures. The good news is that banks do provide an insight on the ‘Do’s’ and the ‘Don’ts while doing online money transfer to India.
1. Avoid using a public terminal- While transferring money to India or any country it is better to avoid using public terminals. It is always better to use your personal laptop or desktop instead of using any other insecure network. Make sure you don’t leave behind the details of user ID and password.
2. Read reviews- There are many ways to transfer money to India online. By reading some of the genuine services and by researching about available platforms, you will be able to choose the most suitable one.
3. Online tracking facility– No matter which platform you decide to select, make sure it has a facility to track your transactions online. Imagine you have to send money to your client and clear the payment. What if the client never receives the payment? It will be a headache for both! Always select an online funds transfer service that is linked with 24/7 customer care support from where you can track the transaction details.
4.Test the platform- Before you decide to use any online money transfer platform makes sure you test it by making smaller payments. Pay some amount to your family members and check whether the service is working fine.