Bangladesh is a developing country with a huge number of its migrants working in abroad countries. Sending and receiving payments is a regular chore in the state, thereby having an efficient transfer medium plays an integral role in the lives of all remittents. Many people face problems while transferring payments, in the cases of urgency or immediate action. Hereby, For catering to all the urgent needs for money transfer to Bangladesh, ACE Money Transfer presents the quickest way to regulate payments internationally.
1. Wire Transfer
Wires are a well-known way of channelling payments that are used widely around the globe. It works on the SWIFT system, which means the electronic transfer of funds done by using different channelled financial institutions such as banks and MTOs. So far, wires are considered the fastest way of transferring payments which enables the recipient to get the payment on the same day of transfer. The process of doing a wire transfer is explained below.
- Apply to do the wire transfer. Online wires are possible too but in most cases, you have to apply by physically visiting a specific bank or MTO’s branch.
- Hand over your payment and enter the details of the recipient
- After sending the amount, you will be notified by SMS/E-mail or Call.
- The recipient will get the payment rapidly and will be notified too.
Undoubtedly, wires may be very facilitating, but there is a flaw of using them too. On a few occasions, they come with a hefty fee of 25-30 pound per wire, which makes it perfect to use for business transactions. If you have to transfer a small amount, then it’s better to go for online money transfer system.
2. Urgent Transfer Services
Other than wire, ACE Money Transfer provide their customers with a rapid online money transfer method. The process is very simple, consisting of only three steps which enables you to send money online within some seconds only.
- Enter the amount and country
- Enter the name, number and Iban of the recipient
- Payment will be processed!
To send money to Bangladesh, no extra details or unnecessary information is required for this money transfer service. The fee for making an immediate transfer is slightly higher, but the services are worth the cost. Exchange rates are optimized and all costing policies are transparent. So, if you have to transfer payments suddenly for giving someone a gift, or paying any urgent fee, you do not have to worry anymore. ACE Money Transfer understand the needs of their customers and design services in accordance with the people’s demands.
In rural areas, the recipients have to travel for noticeable periods to withdraw the transferred payments. With around 275,000 payout locations, one can easily find an MTO location near to them. This enables them to get their payments in minimum time. For more information about international transfers, visit the website!