If you wish to send money to Sri Lanka from UK or any other country, there are several remittance methods to choose from. It is strongly recommended to do some research and compare rates and other details when settling on one method.
Online money transfer is one of the most preferred methods of sending money from one country to another. There are several reputed online agencies out there, offering a safe and hassle-free remittance experience at competitive exchange rates and low transfer fees.
Wire transfer is another method for transferring money. Whether you want to transfer money from US to Philippines or India to Sri Lanka, wire transfer has made money transfer easy. You either have to go to a bank or a remittance agency, provide the required information and initiate the transfer.
Third mode is PayPal which happens to be an extremely popular method of sending money overseas. People can transfer money electronically from one account to another easily. The recipient of the amount has to pay a certain fee even though the transaction is done free by the sender.
Bank drafts can also be used for sending money to another country. These are available at any bank; however, sending money from a bank draft will take time for the amount to reach the recipient. Compared to money order, bank drafts are expensive.
Many people even send personal checks in foreign currency. In this method, it takes time for cashing the cheque because the deposit has to be verified by the bank. Also, an additional fee will have to be paid by the recipient for the currency exchange rate and encashment process.
No matter which process you choose, make sure you do adequate research and comparison of rates when making a choice.
Online money transfer is one of the most preferred methods of sending money from one country to another. There are several reputed online agencies out there, offering a safe and hassle-free remittance experience at competitive exchange rates and low transfer fees.
Wire transfer is another method for transferring money. Whether you want to transfer money from US to Philippines or India to Sri Lanka, wire transfer has made money transfer easy. You either have to go to a bank or a remittance agency, provide the required information and initiate the transfer.
Third mode is PayPal which happens to be an extremely popular method of sending money overseas. People can transfer money electronically from one account to another easily. The recipient of the amount has to pay a certain fee even though the transaction is done free by the sender.
Bank drafts can also be used for sending money to another country. These are available at any bank; however, sending money from a bank draft will take time for the amount to reach the recipient. Compared to money order, bank drafts are expensive.
Many people even send personal checks in foreign currency. In this method, it takes time for cashing the cheque because the deposit has to be verified by the bank. Also, an additional fee will have to be paid by the recipient for the currency exchange rate and encashment process.
No matter which process you choose, make sure you do adequate research and comparison of rates when making a choice.
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