For all the people who live abroad, one of the main concerns is to ensure that they can send money to Pakistan so their loved ones can fulfil their needs. There are a number of expenses like paying bills, health-related expenses and even educational expenses etc. that need to be taken care of. There are a number of platforms through which one can send money to Pakistan but if you are someone who needs a fast and reliable medium of transfer, online mediums are surely the best option for you.
Drawbacks Of Conventional Money Transfer Methods:
The biggest drawback associated with conventional methods to send money to Pakistan online is the expense. These mediums charge a huge sum of money in the name of transfer fees and offer lower exchange rates to the customers. This adds up to a lot of expense and makes the transaction very expensive for the clients.
The other con is the fact that this method requires a lot of time. The money will take at least three days to be received at the destination. Therefore, the choice of conventional methods is not recommended for the people who are in a rush or hurry to send money to Pakistan.
Advantages Of Online Money Transfer:
The other option through which one can send money is the facility of online money transfer service. There are a number of service providers like ACE Money Transfer that can help you in this regard.
Sending money online is extremely affordable. This is because the exchange rate is higher, and the transfer fee or service fee charged is very low. Moreover, since the transaction is carried out online, therefore, it is a lot quicker in comparison with the conventional methods of money transfer.
Another prominent advantage of online money transfer medium is the fact that one does not have to physically visit the service provider to initiate the transaction. You simply visit the website or the mobile application of the money transfer service provider and start the transfer. All you need is a smartphone or a laptop with an active internet connection. That’s all. You can now send money to Pakistan without any hassle and inconvenience.
Safety and reliability is also a benefit of using online money transfer mediums. Since the money is dealt with online, therefore cash dealings are not involved. Therefore, the chances of monetary loses are a lot lesser when online mediums are used to send money to Pakistan.
All in all, the online channels of international remittance are far more reliable as compared to conventional platforms. The advantages of online mediums include the speed of the money transfer, cost of the transaction and the safety and reliability of the medium. If you want a very quick yet simple and easy way to send money to Pakistan, online remittance is an option that you should surely consider.