Are you new here and searching for the right option to send money to Bangladesh from the UK. Feel happy and relax! You are on the right blog.
This blog post is written for the ones who are fed up with the traditional money transfer means of transferring money. The new ones who want to take the first attempt after getting a job in the UK have to remit their hard earnings. You may be waiting for a long time.
What are the Parameters of Finding a Suitable Money Transfer Method?
This article will guide you in the best possible way by comparing both the money transfer methods.
Are Transfer Rates Matter?
The transfer rates offered by both the services are at extremes. This is because the online money transfer service is cheaper. It has no hidden charges or massive transfer fees. Because there is no manual work for which the customer has to pay instead, it is the online transfer at the cost of MBs.
While on the other hand, the traditional money transfer method provided by the bank is costly. This is because the money transfer through conventional means is very troublesome as the customer has to wait for the long paperwork to be completed after paying and many other paid works, these consume a lot of amounts. The transfer charges are often high along with some hidden charges. These are also deducted from the payment which is often not known to the customer till the end. This shows that the bank account transfer is not affordable for everyone.
What Is the Importance of Transfer Speed?
The transfer speed of the online money transfer service is so good that it takes some minutes and hours to complete the transaction. Sometimes the transaction may complete in seconds; this case is only applicable for the transaction in the same country.
But the transaction speed in the bank account transfer is very slow. The transaction completes in 7 to 8 days and sometimes more than a week. This increases the customer’s tension and disturbs the peace of mind.
Is Availability Factor Matters?
The online money transfer service is helping its customers throughout the day and night. There is no restriction of transacting money at the specified working hours; instead, the online money transfer platform makes them deal with the transaction and the customer service at night also.
But the traditional money transfer means are not that much comfortable for the client as it has limitations of working hours which is from 8 in the morning to 3 in the evening. This shows that the person who wants an instant transaction in a single day must have to wait for the next day.
The comparison between two money transfer means is obvious, and the decision to make a choice is on the customer.
What Is the Difference of Currency Exchange?
The provision of the currency exchange is the main requirement of a customer in case of the international money transfer. In this paragraph, you will know about how the online money transfer service is best in providing the currency exchange facility.
The online money transfer service is the multi-currency provider because it can give the conversion of local currency into any desired one. And the customer can also calculate the amount which will be left after converting the local currency during the online payment.
The traditional money transfer method is not good at offering this fascinating service. There are limited numbers of banks present in the town which provide the currency exchange. In search of that, the customer has to rub his shoes daily on the streets until he reaches his destination. And sometimes they couldn’t find the desired results.
How to Transfer Money Through ACE Money Transfer Platform to Bangladesh?
Many companies are providing online money transfer service, but the ACE money transfer service has the dominant place in the market. As it is offering great features and has the experience of almost 18 years. Some simple steps for transacting money through this process are listed below;
- Visit the official website or download the mobile application.
- Create an account at the website
- To login the account, basic details are required to be entered.
- The recipient’s information is also essential to be written according to the guidelines of the online portal.
- Enter the amount to be transferred.
- Select the payment and the transfer method.
- Submit the form by clicking the green button.
- The confirmation message will be sent to your mobile phone after the completion of the transfer.
The comparison between the digital money transfer method and the conventional money transfer means is shown in the article which says that the online money transfer platform is best for everyone as it is simple, easy, and convenient. It protects the customer’s data and reduces any risk of loss. There are millions of people who are preferring the online money transfer method over the bank transfer to send money worldwide. The comfort zone and the most straightforward option is the demand of today’s customer, which is provided in the form of digital money transfer.