Top 10 Tips with Quick Money Transfer | Instant Money Transfer - IServeU
Top 10 Tips Quick Money Transfer - iServeU

Top 10 Tips with Quick Money Transfer

Many times in our life, we got a call from our loved ones and they are asking for money. The parent usually gets a call from their children asking for money for various purposes. When somebody calls you for instant money due to some medical emergency, what do you do in that situation? Do you rush to the bank? What if it’s late at night? With the advancement in technology, many of our fund-related problems are solved nowadays. But one must be aware of instant money transfer methods because choosing the wrong method can cost you high rates on money transfer, delays, and exposure of your confidential data. Here are the top 10 tips with a quick money transfer that you must know.

  1. You can choose the Instant Money Transfer (IMT) service for quick money transfer. It provides a card-less cash withdrawal option as it allows us to send money to anyone through smartphones. The receiver can easily withdraw the money from ATMs enabled with the card-less withdrawal option. Currently, there is a limit in sending the amount that is Rs. 10,000 per transaction in multiples of Rs.100. But, the receiver can withdraw a maximum of Rs. 25,000 a month
  2. Before choosing any method of money transfer decide what matters to you the most and which parament is of less importance. Always check the service availability at your chosen destination. Other paraments like charges on transfer are fixed based on the transfer amount, its speed, and the delivery method.
  3. RTGS (Real Time Gross Settlement) is a quick and safe money transfer method that allows money to immediately reach the beneficiary’s account once the money is sent by the remitter. Generally, the fund is transferred within 30 minutes of receiving the money transfer message. You can transfer money to whichever place you like but from 8:00 AM to 4:30 PM. The minimum RTGS transfer limit is Rs. 2 lakhs and there is no maximum RTGS transfer limit. No charges are taken up to 2 lakhs of money transfer but after crossing the minimum RTGS transfer limit30 to Rs.55 is charged.
  4. You can pick any net banking transfer There are some popular net banking transfer methods such as National Electronic Fund Transfer (NEFT), Electronic Clearing System (ECS), Immediate Payment Service (IMPS), and UPI methods to do a quick money transfer.
  5. Before transferring your money to someone’s account make sure that you check the transfer rates properly. Many cash transfer service providers have a fixed exchange rate.
  6. Go for (Immediate Payment Service)IMPS online transfer. It is available round the clock. For any type of emergency, you can rely on this method of money transfer. Also, the transaction charges are very reasonable and the transfer limit is Rs. 2 lakhs per day. You can avail of these services through your mobile as well.
  7. Don’t procrastinate while you have the task of transferring money to someone’s account. Many times when you are in hurry, service providers charge more when they see the urgency.
  8. Through UPI you can transfer money to anyone, anytime, and anywhere. There are three ways to transfer money through UPI. You can enter the virtual payment address of the receiver, through account number, and IFSC code, or QR code.
  9. Check the credibility of the source you have chosen for the money transfer. When you choose a higher ranking company like iServeU, you get more security against any kind of theft or loss. Check for its authenticity whether they have established office and other social media accounts.
  10. Make sure the refund policy of the company is chosen for money transfer. Look out for a refund option and be clear about it.

If you are looking for a reliable company for your money transfer, come to the iServeU online portal. iServeU is one of the top business correspondents in India. It is offering a Domestic money transfer platform for easy and convenient instant money transfer. Limit your visit to your banks and switch to iServeU for all your financial needs. For more info, visit us at iserveu.in or call us on +918338088000 to know about our product in detail.