Wire Transfer Basics

As the name suggests, Wire transfer is a method of electronic funds transfer. In the early 19th century, wire transfers were made over the telegraph lines. It gets its name from the same place because telegraphs were transmitted through wires.
Wiring money is the best and the easiest way to transfer money. These transfers usually are done in real-time but sometimes may take upto 24 hours. Often wire transfer between banks is the cheapest mode of funds transfer. Such transfers are the safest way to make a remittance because the money is flowing within the banks and it does not move out to any third party, so here the chance of losing your money are nil. When we say money flows within the banks, it means that the money is debited directly from the sender’s bank account and is credited directly to the receiver’s bank account, so here no third party is involved at all for the occurrence of a fraud.

RemitLite is one of the best sites to make a funds transfer to India. With RemitLite, one gets freedom of choice to make the transfer since they make Wire and ACH transfers both. RemitLite works round the clock and is the most secured site to transfer money to India. Whether it is sending money to your family, friends, relatives or for the purpose of development of the country, RemitLite is the most trustworthy site to make your transfer.

Now no more worrying about Money Transfer

  Gone are the days when one used to constantly worry about transferring money to their loved ones. With the evolution of the internet and the online services it has become very easy to transfer your money from one place to another. Send money online quickly and safely through money transfer services. But while choosing a particular online money transfer service it is important that it is reputed and trusted so your money is transferred safely.

  Also it is important that service provider provides you with the best exchange rates. And if you are thinking where you would find such online money transfer service then your solution is RemitLite.

  RemitLite provides you the best online money transfer service which helps you to transfer money to India from USA. It offers the best exchange rates to their customers as compared to the other service providers. While transferring the money it is important that the money reaches its destination in time and RemitLite ensures that the money is transferred as quickly as possible. So now easily transfer your funds to India with the help of RemitLite.