India received over £50 billion worth of money transfers in 2010, with much of that number in remittances from Western nations such as Britain, the USA and Canada. There are over a million Indian people living in the UK, with a large portion of that for work purposes. There is a huge demand for a way to save money on remittance money transfers to India.
If the demand is to transfer small amounts of money, on a regular basis, there are some costs and time consuming factors which you will need to consider. Arguably, the most important cost which can affect your money transfer of this type the most is transfer fees. Typically, there is a flat fee which is charged by banks and some other providers. This can mean that every time you send a small amount of money, you are charged an individual fee which can be as much as £40 and is independent of the amount sent.
Xendpay can help you transfer your money to India cheaply and conveniently and we endeavour to save you as much time and money as possible. We also offer excellent exchange rates, low transfer fees and o% commission which means you will get an excellent return for your money when exchanging your currency in to Rupees. Register with Xendpay to see how much money you can save when remitting money to India for family support.