In this era, most people work away from their countries and also their families. These people need to transfer money for performing the business dealings with their partners and they need to transfer money to their countries to support their families. Everyone needs a cheap and safe money transfer for their remittance in business dealings.
Are banks good option?
Most people prefer online bank transfer to transfer money abroad because they know only about this method. They trust banks even banks are expensive and charge extra fees in the shape of currency fluctuation. Bank’s exchange rates are above the market rate. So, the banks are not the best in currency fluctuation and money transactions so they charge their clients more.
Money Transfer companies are better
Money transfer through money transfer service providers or companies is best to consider. These companies are providing you a cheap transaction of money to Bangladesh or anywhere in the world.
This article is especially for you if you need to money transfer to Bangladesh you can follow these steps:
Step 1: Information about credit card transfer
First of all, you should be taking information about the credit card transfer. The process of sending money by your credit card to another credit card issued by another company internationally is called credit card transfer. Credit card transfer is an advanced method to make send money to Bangladesh or other places wherever you need. Most people do not know about this method. This method is minor similar to the bank transfer.
Step 2: Duration of transaction
A credit card transfer commonly takes about five to seven days to complete a successful transaction. But some card providers ask customers to allow up to 12 or even 20 days to complete the money transaction. The transfer fee is to maximize or minimize when you transfer the balance from your card to another credit card issued by another provider.
Step 3: Transfer fee of the transaction
The third step is to check the money transfer fee of a complete transaction. Regular fees of credit card transfer are 5% or 3% on your total amount of transactive money. And the fee is also depending on the total amount of transfer.
Step 4: Consider things and initiate a transaction
There are the following things that are considered to make the credit card transfer to Bangladesh.
- What is a total balance transfer on a credit card to another credit card?
- How credit card transfer affects your whole credit present in your account.
- What is the best credit card to have the best ranges?
- Can you money transfer more than your credit limit or transfer range.
- Maximum money you can transfer by credit card transfer in one transaction.
To send money online to Bangladesh, you can also consider the ACE Money Transfers. They have convenient websites and mobile applications. You can send your money by using their money services. They provide you trusted way to transfer money to Bangladesh.