It is a common trend of overseas to send money to Pakistan is very common in the remittance industry.
The total population of Pakistan is 216.6 million people, according to the census of 2019. Out of the total population of Pakistan, around 9 million are living abroad. Out of which a considerable number of people are working abroad. These people are very beneficial for the country’s economy as the country receives remittance from the money these people send to their families living in Pakistan. According to research, Pakistan received $14.203 billion remittances during the first half of the financial year 2020-21.
What Method Should People Follow For Money Transfer?
These people use different methods for money transfer to Pakistan. Most of these people are facing problems during the use of old conventional methods. They have to waste a lot of time filling the lengthy money transfer forms after standing in the bank lines for the submission of money and the money transfer form.
Sometimes people have to pay a hefty transfer fee which is sometimes almost 10% of the total amount being transferred. They also have to wait for 2 to 3 days for the transfer process to complete, and then the family receives the transferred money.
In any situation when you could not go to the bank due to bad health or some important meeting or due to heavy traffic in the area or due to some problem in your car, your money transfer process remains incomplete, and your money is not transferred.
The one who is receiving the money in Pakistan also has to face many problems while receiving the transferred money. If some money transfer agent is involved in this process, those agents take your precious hard-earned money that causes a trust issue, so it is not safe. Also, there is no facility for multiple currency exchange options in traditional methods.
Why Online Money Transfer Is A Right Choice In This Era?
Online money transfer service was introduced so that people suffering from money transfer problems get some relief. Online money transfer service provides you with the best services that everyone needs. These services are provided at one platform for the people. Online money transfer service has a lot of unbelievable benefits. Some extraordinary services that online money transfer service offers are discussed below:
- Its money transfer charges are very cheap and easily affordable.
- It saves your precious time.
- Your money is transferred within 10 minutes.
- You do not have to follow lengthy procedures as its procedure is simple and very easy.
- It provides you with the option of multiple currency exchange for your and recipient’s ease.
- There are different options for the money payment method, and you can choose the one that suits you.
- There are many different cash pick up locations for the ease of the customer. The recipient can choose a suitable cash pickup location to receive transferred money.
- These are some of the amazing services that were not provided by any other method except the online money transfer service. In case of any problem, connect to the online service for further support.
If you have still not shifted to an online money transfer service that what are you waiting for? Quickly shift to this amazing service and send money online with a few clicks.
Online money transfer to Pakistan from the UK or any other country is not a problem in this century. You have all the facilities that make the process easy rather enjoyable. Pakistani ex-pats are already very vigilant about money transfer and know which method they should use for the purpose. A little research in this regard can lead you to the best services provider that can serve the purpose in the best possible way.