Whenever a person looks for IMT provider, the first questions asked are about the cost and the speed of transfer. Nepal is a small state where many people send remittances to supporting their families and loved ones. There are different methods used to send money globally. However, ACE Money Transfer brings the cheapest and fastest transfer channel for you which promises to give maximum return against your payments along with high-end reliability.
How to Send Money Quickly Online?
In Africa, the online transfer system is very widely used and proved very beneficial because it ends the barrier of distance for its people. Same goes for Nepal! If you want to send money to Nepal, the process is pretty simple, comprising of three simple steps only.
- Enter the amount that you want to send
- Enter the bank details of the beneficiary
- Complete your transfer! Payment will be received in 3–5 business days!
However, in many cases, the beneficiary does not have bank accounts. Thereby, ACE Money Transfer brings a solution to this problem too. First, the receiver can make a transfer account at our platform. Simply enter your details and you will have an account in 5–10 minutes only. You will be notified by SMS, Call or email when the payments are received, which can be collected by any nearest commercial bank or payout location.
Now, if the receiver does not have an account at our platform, still it’s not as issue. You can fetch the payments without asking anyone else for assistance. Just follow the below-written process.
- Go to your nearest commercial bank or payout location
- Give the 14-digit pin code and an ID
- You will be given the payment!
What is the Importance of Money Transfer Apps in Online Transactions?
Ace Money Transfer have their amazing money transfer app which is free to install on both ios and android. Just install the app, enter your previous account details or make a new account and start sending payments wherever you want. The most beneficial thing about the app is it sends alerts to its users about any changings in the exchange rate, which helps them in catching the best rate when they send money online.
Moreover, it comes with an extra layer of protection. With the two-factor authentification, even if your mobile or laptop gets lost/stolen, no one will be able to access your account. If we suspect any suspicious login or activity, we immediately send a notification the account owner immediately. We also promise the cheapest rates and maximum exchanges at our platform, so that the customers don’t have to worry about any extra expenses while transferring payments.
Once you enter the details, they will be saved in the app, so that you don’t have to add your information again and again. Same is the case with the receiver’s details. You can save a specific transaction and tap on it again to repeat the transfer. This is the most convenient method for regulating remittances to Nepal. For more information, install our app or contact our customer support now!
Is Online Transfers the Right Solutions for Quick Delivery?
The technology of online transfers is by far the most widely accepted modernization in the whole world. This system has allowed people to send money online, to various corners of the world. No need for going out or standing in long queues, just a few clicks at home are enough to send money globally.
What are Some of the Factors That Should Be Eradicated in Online Money Transfer?
Despite of all the efforts and dedication, there are some loopholes in everything. Similarly, we will explain some of the most common challeneges faced by people while sending money online.
- The Fear:
Despite the security and privacy policies, there were multiple cases of payment miss-occurrence and mistakes in the start of online transfer era. Other than that 90% of online scams are done in disguise of online transfers. There is always a chance that a hacker can misuse your information for the purpose of theft or sabotage. Thereby, numerous people find it difficult to trust an online company for the safe delivery of remittances.
- The hesitation of using advanced technology:
The people with lower education levels, lesser know-how of technology or belonging to an older age group were reported to feel reluctant while adapting to any type of technology upgrade. Although the processes are very user-friendly, still it takes a lot of motivation to ask migrants to shift their regular transfer channels.
- Expired Transactions:
These type of transactions are also troublesome for the people who experience them for the first time. In these transfers, the money gets deducted from the sender’s account, but it is not received in the beneficiary’s account. This can happen due to excessive load on the site, slow internet or several other issues. In such cases, the money is usually sent back to the sender’s account within 1–7 business days. But if a person is not familiar to this term, he may refrain from using an online portal for the next payment transfer.
- The compulsion of Having Internet:
You cannot do an online transfer, without having access to the internet. In the case of a slow connection, the site may take additional time to load and you can confront various issues such as Expired Transactions or “Try Again Later”
Send Money to Nepal with a Reputed Service Provider
Nepal, an under-developed country located in Asian Region, is one of the most prominent remittance receivers, around the globe. International remittances are considered as one of the prominent sources of economy in this state. This emphasizes the role of money transfer services in Nepal.
Many efficient providers such as ACE Money Transfer are providing credible services to their customers, along with optimized exchange rates. They provide their customers with a multitude of payout options, along with numerous receiving channels such as online transfer, , which makes it the best choice for safe money transfers in Nepal.