Are you planning to send money from one country to another? Whether you have to transfer money for higher education, medical purpose or to buy a property, here are two popular modes of remittance.
1. First and most common mode used to transfer money to Philippines or any other country is an online remittance agency. Compared to banks, such agencies offer attractive exchange rates. They keep updating their FX rates to offer best remittance experience to their clients. If you are sending a large amount through an online remittance agency during the festival season, there are chances they will waive off the transfer fee completely.
This is one of the most convenient modes of sending money. You just need a secure device such as your laptop or tablet and internet connection to make a transfer from the comfort of your home or office. It is not only quick but also safe.
2. Second method to send money to Bangladesh or any other country is through your bank. It is considered one of the safest methods of remittance; however, you will have to bear high costs for sending money from one country to another. Banks not only have high transfer fees but their currency exchange rates are also high as compared to online agencies.
Irrespective of which mode you choose, make sure you do some good research, compare rates and other factors to make a final choice. For instance, if you are planning to send money through an online remittance agency, make sure you compare the transfer fees, customer support and other factors of three to four agencies before choosing one. Remember, fees keep varying from one service provider to another so make sure you don’t end up choosing the first agency you come across on Google search.
1. First and most common mode used to transfer money to Philippines or any other country is an online remittance agency. Compared to banks, such agencies offer attractive exchange rates. They keep updating their FX rates to offer best remittance experience to their clients. If you are sending a large amount through an online remittance agency during the festival season, there are chances they will waive off the transfer fee completely.
This is one of the most convenient modes of sending money. You just need a secure device such as your laptop or tablet and internet connection to make a transfer from the comfort of your home or office. It is not only quick but also safe.
2. Second method to send money to Bangladesh or any other country is through your bank. It is considered one of the safest methods of remittance; however, you will have to bear high costs for sending money from one country to another. Banks not only have high transfer fees but their currency exchange rates are also high as compared to online agencies.
Irrespective of which mode you choose, make sure you do some good research, compare rates and other factors to make a final choice. For instance, if you are planning to send money through an online remittance agency, make sure you compare the transfer fees, customer support and other factors of three to four agencies before choosing one. Remember, fees keep varying from one service provider to another so make sure you don’t end up choosing the first agency you come across on Google search.
