Sending money is no longer a big feat nowadays, there are no extreme hardships one has to undergo to get the money across from one country to another. It is either you use a bank to transfer your money, or you use a money transfer agency to accomplish the process.
But why would you need to send money from Norwas to India? There are many reasons such as funding a child’s education, sending money to relatives, it can be because of employees you may have in another country, and you need to pay their salaries. Whatever the reasons, there is now a way to help you with your money sending transactions.
Send Money to India from Norway
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- Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.
Send money very fast!
- Save up to 90% compared to banks. No hidden costs. Large selection of countries.
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- Azimo is a very competent partner for the international transfer. Azimo has a large selection of countries and the transfers are safe and cheap.
How long does it take to transfer money from Norway to India?
They can receive the money in a day if it is the same day transfer or if the route is an instant money transfer, which will take less than a few hours or just minutes. Different payment methods will also vary the transfer delivery time.
Every money transfer route has its way of informing its customers if there will be some delay to the money transfer and if they met any issues during the processing.
- There are money transfer companies that will not charge you for your first transfer fee and will have a minimum amount for how much you can transfer.
- Some will have certain charges depending on how much you are going to send.
- However, you should note the exchange rate to make sure you are getting the best worth for your money. You may get low charges for sending money, but have a low exchange rate as well.
When you are sending money, two things are in your mind. How fast will the money transfer agency or bank send your money, and how much are you going to spend for them to do the transaction? Also, you may think about how much you will need to set aside if you are to send money regularly. So, this is the time to check on your options as well.
Send money from Norway to India with the bank
Although you may think that sending money by using a bank transfer is the safest and most convenient way, you may be surprised to find that some banks will not offer you a good exchange rate between Indian rupee and Norwegian Krone plus they will charge large transfer fees.
You can try to find banks that will offer a high exchange rate before you send your money to the first available bank.
Some banks are operating in Norway and have their affiliate office in India, opening a bank account with the said bank will make it easier for your receiver to get the money since you will just be doing a bank to bank transfer that may also have lesser transfer fees.
Transfer money to India with a money transfer provider
It is a good thing that there is an online money transfer nowadays, as some money transfer agencies have their presence online as well, which makes it highly convenient for money senders to use this route. They don’t need to go out and transfer money personally, and with just a few clicks; the money is on its way to the recipient.
Another thing that you should check is if the company will also charge the receiver of the transfer as some transfer companies do this, so you must pick the company that will no longer decrease the amount of money your receiver will get.
Is there any amount that you can only send? Check this out as some money sending company has their limits, and if you need a higher amount of money to send, you may have to find the one company that allows bigger money transactions.
Norway is another country that has many options for sending money to different countries, so the sender will have no hard time finding one to process their money sending transactions. It is just in finding the one company that will send the money the soonest and will charge the lowest sending fee that you have to worry about.