Money Transfer Services - Convenient and Reliable - 0 views

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  #1 Lacy Thompson on 12 Jul 12

   

  The sender needs to produce his/her original identity document to the bank/financial institution from where he will be doing the transaction along with the phone number (but not mandatory) of the receiver; the amount that the sender wants to transfer to the receiver including the location where the amount needed to be transferred.
  
  Internet Money Transfer: Internet has made the money transfer service more convenient and hassle-free. Today sending money anywhere in the world is just a matter of few clicks. With Internet money transfer services anyone can send money to anywhere in the world within a span of a few minutes. To avail the service you need to have an online Login ID and password (provided by the bank/financial institution). You also need to register receiver's name, bank account number and the branch location to make online transaction.
  
  If you plan to transfer money to Pakistan prior to a move, you are probably interested in the financial system. In fact, anytime you send money to another country, you should know a little about its currency, exchange rate, and banking options. After you do some research, you will likely find that you will be a little more comfortable before you transfer money to Pakistan.
  
  First, you should be aware that the currency is the Pakistani rupee. One U.S. dollar equals about 83.34261 rupees. Knowing the most recent exchange rate is helpful before you transfer money to Pakistan. Also, getting to know banks in the area before you move is good, as you will likely use one of these to receive money once you transfer it from your current bank.
  
  Before you sign up for a bank in Pakistan, decide whether you want a bank that exists both in the U.S and Pakistan, or one that is local to your new home area only. There are plenty of both, and many United States banks offer remittances to banks in Pakistan. Some even have their own program specialized for the ability to transfer money to Pakistan easily and cheaply.
  
  The National Bank of Pakistan has a program called PakRemit. Going this route to send money to your new bank should be quite easy. If you need to send $200 in rupees to your new account using an Internet check, there are no fees. If you need to transfer using your credit card, there is a fee of about $15. If you want to send money in U.S. dollars instead of rupees, the fee is $14, and closer to $20 if you use a credit card. The funds will be in your account within about three business days.
  
  Now that you have an idea of bank fees, consider the steps to getting a bank account in Pakistan. In most cases, you can go to the selected bank's website and print out a form to fill out. You can then send it along with a list of notarized documents. For example, to open an account at United Bank Limited, you will need notarized copies of your passport, paystub, employer reference, bank account statement from current bank, proof of employment, and copies of any business licenses you have. You will also have to send a check from your current account for 50,000 rupees. While this might seem like a lot of preparation to open an account, in most cases you can do so while still in the United States, which is convenient. transfer money to pakistan, transfer money to india

   

  <div class="cArrow"> </div><div class="cContentInner">The sender needs to produce his/her original identity document to the bank/financial institution from where he will be doing the transaction along with the phone number (but not mandatory) of the receiver; the amount that the sender wants to transfer to the receiver including the location where the amount needed to be transferred.<br /><br /><strong>Internet Money Transfer: </strong>Internet has made the money transfer service more convenient and hassle-free. Today sending money anywhere in the world is just a matter of few clicks. With Internet money transfer services anyone can send money to anywhere in the world within a span of a few minutes. To avail the service you need to have an online Login ID and password (provided by the bank/financial institution). You also need to register receiver's name, bank account number and the branch location to make online transaction.<br /> <br />If you plan to transfer money to Pakistan prior to a move, you are probably interested in the financial system. In fact, anytime you send money to another country, you should know a little about its currency, exchange rate, and banking options. After you do some research, you will likely find that you will be a little more comfortable before you transfer money to Pakistan.<br /><br />First, you should be aware that the currency is the Pakistani rupee. One U.S. dollar equals about 83.34261 rupees. Knowing the most recent exchange rate is helpful before you transfer money to Pakistan. Also, getting to know banks in the area before you move is good, as you will likely use one of these to receive money once you transfer it from your current bank.<br /><br />Before you sign up for a bank in Pakistan, decide whether you want a bank that exists both in the U.S and Pakistan, or one that is local to your new home area only. There are plenty of both, and many United States banks offer remittances to banks in Pakistan. Some even have their own program specialized for the ability to transfer money to Pakistan easily and cheaply.<br /><br />The National Bank of Pakistan has a program called PakRemit. Going this route to send money to your new bank should be quite easy. If you need to send $200 in rupees to your new account using an Internet check, there are no fees. If you need to transfer using your credit card, there is a fee of about $15. If you want to send money in U.S. dollars instead of rupees, the fee is $14, and closer to $20 if you use a credit card. The funds will be in your account within about three business days.<br /><br />Now that you have an idea of bank fees, consider the steps to getting a bank account in Pakistan. In most cases, you can go to the selected bank's website and print out a form to fill out. You can then send it along with a list of notarized documents. For example, to open an account at United Bank Limited, you will need notarized copies of your passport, paystub, employer reference, bank account statement from current bank, proof of employment, and copies of any business licenses you have. You will also have to send a check from your current account for 50,000 rupees. While this might seem like a lot of preparation to open an account, in most cases you can do so while still in the United States, which is convenient. <a href="http://www.sendingmoneyabroad.co.uk/send-money-pakistan/" rel="nofollow">transfer money to pakistan</a>, <a href="http://www.sendingmoneyabroad.co.uk/send-money-india/" rel="nofollow">transfer money to india</a></div>

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