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Apart from its vast terrains and beautiful landscapes, India prides itself on a lot of things. It is noted for its rich cultural heritage, and its commercial wealth. It had once a continued struggle for independence but years after it was freed from the arms of colonizers, it worked its way to have a better economy. In fact, in 2015, it ranked 7th among the world’s largest economy in terms of GDP.
Despite its continuing efforts to provide its citizens with the best economy, some of its citizens know how hard it is to land a good job in the country. This is all because it has a population of over 1.2 billion, the second most populous all over the world.
If you are one of those individuals who are working in the US, then you will want to know how to send money remittance to your loved ones in India. You have actually two delivery methods to choose from namely through bank deposits and cash pickup locations. When sending to a Bank of India bank account, here is how you can use Sharemoney:
About Bank of India
In 1906, prominent businessmen in India thought of putting up the Bank of India. With more than 110 years of its existence, this bank has gained cognizance in the market with almost 5,000 branches to its name. To date, it has been serving people across 22 countries in 5 continents worldwide. It now has a variety of products to offer in retail banking, corporate banking, MSME banking and rural banking.
Bank Swift Code: BKIDINBB
Sharemoney is one of the online platforms you can make use of when transferring money to your loved ones abroad. We are a fast and convenient choice for so many reasons counting the fact that you do not have to leave the comforts of your home just the be able to facilitate the transfer. Depending on what time of the day and day of the week you sent your transfer, your loved ones will surely receive the money in no time.
Sending Money Remittance via Bank of India
In order to enjoy our services, we advise you to register a free account with us. We will use your registration form to verify your account and to facilitate the transfer to a Bank of India account. It is important to double check all the account information you will type in our pages so that your recipients will enjoy the remittance right when they need it.
Funding Your Transactions
With Sharemoney, you always have the choice to fund your transaction using one of three methods. One is through your own bank account which will need verification to assure that funds are available and that you are the true owner of the account with which the money will come from.
If you do not have a bank account, however, you will need either a credit card or debit card instead. We would like to inform you though that using your credit card will entail additional charges on your part. This is besides the $3.99 standard fee we are charging. Take note that the additional charge will go to your credit card issuer – and not us. To avoid these hassles, we recommend you use your debit card if you have one. Now that you are familiar with our services and how our systems work, you can try our online money transfer services.
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