Is Remit Choice cheaper than Bank Transfer?

 Unclear which one to choose Remit choice or bank for the cross-border money transfer. If you are in seek of knowledge does it worth sending via Remit choice or just relying on the bank for international payments. This guidance will cover all your questions.



In-depth comparison of Remit Choice Vs Banks, we'll go through the difference in rates, charges, safety, speed, and more. Plus, this guide will help to convey a message that how a little change in the rates and charges can increase or decrease the overall cost.

Speed: All payments with banks usually took 4-5 working days for completion. But with Remit choice, all the international payments are done on an instant basis just valid documents of sender and receiver are required.

Safety: Remit choice is a safe and secure medium of sending money internationally like banks. The company is officially registered by FCA and HMRC (regulating authorities in the UK). 

Price: Remit choice is more economical. All the transactions with remit choice are 5-6% at a lower cost than the banks. 

We compare Remit choice with the US Barclays Bank. If you transfer $10000 from the bank your recipient will receive an overall $9200 payment deduction after hidden charges, exchange rates, and transfer fees. But in case of transfer of $10000 via Remit choice, your recipient will get above then the sending amount due to best exchange rates, zero-fee, and no hidden charges. 

Transparency: Remit choice focuses more on transparency than banks for any international payments. All customers of Remit choice can view live exchange rates, and there is no hidden fee or extra charges. it will help to know what your recipient will get in advance. 

Easy to register: All the customers can register with Remit choice through the website and mobile app with little requirements of documents. But banks are strict with their policies so customers need to follow a lengthy process and various visits before making any money transfer. 

Remit choice is more economical and quicker than banks because it transfers money in an efficient way. Rather than relying on a slow process of banks with multiple cons, shift towards Remit choice and get featured services including best exchange rates, zero-fee, and no hidden charges. Remit choice is passing all those benefits to its customer with its customer-oriented services.

 

Comments

Post a Comment

Popular posts from this blog

Everything is achievable

Image
  It's in the nature of humans that they always seek to achieve their dreams. Some of them achieve it by continuous hard work and some of them just think it in their imagination. A day is observed on the 14 th of April, to motivate everyone to reach as high as you can . A general message is conveyed on this day that “ everything is achievable ”. No one by birth is a real-time hero, once the goal is set patience, time, a strong personality, and a clear stance are required. An example must be written to completely understand the struggle behind the biggest achievement. Achievement of a Black person in a discriminative society Nelson Mandela is considered the hero for blacks who raise their voice for equal rights for them like white people. Worldwide acceptance is not an easy task but Mandela with his continuous struggle faces many difficulties and was jailed for almost 27 years and beaten multiple times but he never took his stance back. The more than 50 years of difficult per
Read more

DO YOU ALSO WANT TO BE A MILLIONAIRE?

Image
  Have you watched the title and want to be a Millionaire?    Most of human nature is based on imagination. If you won’t be a Millionaire due to any reason but at least you should imagine it.    We only see the display picture of a Millionaire person but could never see the hard work behind this success. If you want to be a Millionaire starts doing this right now. Earning, expenses, and investment are key factors that can directly influence the living standard of any person. You just need to formulate a strategy that can bring them in line. Have a look at the tips…………. ·         Save your money by depositing it in fix saving account. And decide on Less withdrawal and more deposits from time to time. ·         Get the services of financial and economical experts for better management of finance. ·         Make investment decisions by forecasting the best in the coming future. ·         Make a budget for monthly spending and don’t use more than the budget. ·         Stop using the credi
Read more

SEND MONEY FROM CANADA TO INDIA

  One of my lost cousin came from Amritsar, Indian Punjab to meet me in Canada.  My family migrated to Canada at the time of war 1965. U know when you meet a long-lost person the feelings becomes priceless. Mine condition was also same and I cannot control myself from weeping. During emotional moments between us I made an interaction on the gift pack which he was holding in his hand. I deliberately asked about it. Inside the gift there was none other than my favorite “Amritsari KULCHA”. Which we used to eat in childhood before shifting. And I got surprised that the taste of that KUCHLA still like 55 years ago. By passing of time he has to went back to home because of family. But the taste of that KULCHA build a feeling of crave inside me. Now the condition is not same like childhood as my oldness influenced my life. Wish to travel back to India was not looking possible. But I have to eat my favorite KULCHA by any means. I can’t directly say it to my cousin because they are poor
Read more