A large number of Bangladeshi expats search for the best option to send money to Bangladesh . This blog post is written for the ones who wants to get rid of the traditional money transfer methods. It is easier for them to send their hard earnings to those who are waiting.
This article will guide you in the best possible way by comparing both the money transfer methods.
Transfer Rates:
The transfer rates offered by both the services are at extremes. This is because the online money transfer service is a cheaper transfer service it has no hidden charges or hefty 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 is often very expensive. 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. This consumes a lot of money. The transfer fee is often high that is deducted from the payment. This shows that the traditional transfer is not affordable for many.
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, as this case is only applicable for the transaction in the same country.
Availability Factor:
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 the night also.
But the traditional money transfer means are not that much comfortable for the customers as it has limitations of working hours. 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.
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.
How to Transfer Money Through An Online Money Transfer Platform To Bangladesh?
Many companies are providing the 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 important 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.
Wrap up:
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 simplest option is the demand of today’s customer, which is provided in the form of digital money transfer.