In the past decade Online Banking just seemed to be myth or Sci-Fi, but not anymore. Since the internet has become so much common in our daily routines, there has been increasing demand online money transfer. At the start, there were few local agents providing this service for you, especially when you want to send money to Pakistan, India, Gambia and other developing countries. You had to pay a little amount more than the original as a commission for those agents.
Fastest way to send Money
And then there are long procedures of sending money like if you are in a different country then you have to check the difference in currency exchange. Not just this but every agent change the currency rates for a few points as well. And then there is a process of form filling and other paperwork as well.
This thing is beneficial for those who are sending money to their family or friends. But if you want to make money transfers for business purpose then it might not be suitable for you.
Here you should go for Online banking option. With this, you will only need your laptop or smartphone and you will be able to transfer your money to some other bank account online. Then there is another benefit as well that you need not to worry for currency exchange because everything will be done automatically.