In the early decades, International money transfers were done by using retailer banks but as soon as the money transferring companies stepped in the game, this process is totally changed.
If you use a proper International Money Transferring Company’s Platform then it will be surely more beneficial and smooth for you as compared to the transfers that are made by using banks.
For Instance, if you want to send money to Ghana by using a bank then the minimum amount is 10GBP and the maximum is 6000GBP, per day (or equivalent to your currency).
Well, what are the basic benefits of using a money transfer service? We have listed some of the most prominent benefits right here.
How to Get Better Exchange Rates?
If you do any money transfer by using a bank, then there will be chances of paying a higher exchange rate. But, if you go for any money transferring company such as ACE Money Transfer to send money online.
Then there will be greater probabilities of getting a deducted or optimized exchange rate. By using these companies, you can send as much money as you want without getting worried about the markups on exchange rates.
Does Online Money Transfer have Flexible Policies?
If you use credit cards or Paypal, then you’ll surely have to follow their specific policies. Doesn’t matter if you use it for once or for a dozen times, the policies remain the same.
But, if you use money transferring companies, then they can provide you with different flexible offers such as contract forward, regular payment schedules, spot deals and limited offers.
Many companies offer special packages for their regular customers such as deduction of fee, no exchange rate and so on.
Where do Money Transfer Limits Its Services?
Banks usually have smaller limits of cash transfers and withdrawals. But, if you use money transfer companies to send money to Ghana online, then you may get higher sending limits.
The sending company may ask for some extra information to keep a check on security but after that, you can send bigger amounts too.
Easy Access To Online Money Transfer Companies
IMT platforms are usually easily accessible. They don’t stick their customers to a specific portal. You can use a bank or a payout portal, whatever is more feasible for you.
But in the case of banks, you must go to the branch of that bank for making any international money transfer to Ghana. Moreover, many companies allow their customers to transfer money online by sitting in their homes.
Just a few clicks and your work is done! You can have 24hour access to the IMT platforms. They can also give you a track of your shipment so that you can easily check the ETA of your cash.
Urgent Money Transfers
Banks usually take 1–5 business days for doing an overseas money transfer but money transfer companies can help you in sending money within seconds only. Many companies propose urgent transfer services for helping you in any case of emergency.