Online Money Transfer (Wire) Services In Ernakulam
With our lives moving to the internet it was obvious that money transfer and foreign exchange
would follow sooner or later. Fxkart has quickly emerged as a trustworthy online portal that
guarantees currency exchange at the cheapest rates offered in the market and also enables online
money transfer services in Ernakulam at competitive rates.
But still you may be hesitant to change you online money transfer service so here we highlight
the advantages you can enjoy with Fxkart.com in comparison with your regular bank.
Why choose Fxkart for Online Money Transfer (Wire) Services In Ernakulam?
Firstly Fxkart.com offers you the convenience of being at home or your workplace and process
your wire transfer.
You could argue the perks of net banking and phone banking and how Fxkart offers nothing
new. But, as you can see, Fxkart.com is an aggregator of all the money changers and banks in your
town, thus, you get to examine numerous banks on one platform and compare rates. Your bank
shows you just one rate that they have to offer and more often than not it isn't the best rate you
would be able to bag.
What's more is that Fxkart's bidding system offers you even better rates than what you&'d avail
even if you found the best rate in your vicinity. During this bidding system various money changers
have to bid for your requirement and within the 5 minute bidding window your rate can further be
brought down by the money changers participating.
At the finish of the bid time, the rates are going to be displayed to you on your screen and
you&'ll be able to select from any of these banks. Please note that the listed money changers are
going to be engaged in the online bid and not banks. These money changers have a tie up with a
bank that in turn are going to be enabling the online wire transfer in
Another merit is with Fxkart.com you do not need to open a new account with the bank selected
on the basis of best rate. Just transfer funds from your existing account to the one you selected on
Fxkart. The online money transfer will be processed to the foreign bank from there. In case you
were to transfer funds abroad by visiting the bank with the best rate, you would inevitably have to
open an account with them.
On Fxkart.com, your funds are transferred from your bank account to the bank that you have
opted for at the end of your bid on Fxkart.com. This money is then transferred from the bank
chosen via Fxkart.com to the foreign bank account. No inconvenience of being compelled to open a
new bank account and no looking for best rate across the city. Everything is simplified by
Fxkart.com for you.
Need I mention how infamous banks are in terms of providing you with a decent rate. Banks
largely provide the worst potential rate you&'ll be able to find in the market on a given business
day. Fxkart.com will positively better the best bank rate you would be able to find among all
Now that we have convinced you that Fxkart is the best for online money transfer, let's brief
you about how to go about using it.
- You need to sign in and click on wire transfer option. Enter your requirement and the
money changers in your city will bid for your requirement, at the end of which all the rates will be
listed on your screen.
- Select the dealer and you will be given the deal summary. Your KYC details will be sent
to the dealer by Fxkart and once that is processed your transaction will be enabled.
- You will be required to submit self‐attested copies of documents and also the bank
personnel will verify the originals.