There are a number of ways for people to remit money to India, but a foreign exchange broker is perhaps one of the most convenient options.
Indian workers who are currently located in the UK and are looking for a way to remit rupees to India could open an account today to check exactly how much money they could save with Rational FX.
Firstly, sending money to India through a regulated broker allows individuals access to highly competitive foreign exchange rates.
Banks will often charge a fee for each individual transfer in addition to a fairly poor rate of exchange on the rupee.
Furthermore, these financial institutions are not always able to make a transfer quickly and may retain the currency for a number of days.
A broker, on the other hand, will remit rupees to India quickly and conveniently.
There are no fees and there the currency exchange rate will almost always beat those on offer with the banks.
Opening a free online account with RationalFX today will allow you to see exactly how much money you can save when you send money to India.