How to Safely Send Money to India Online?
Has safety of funds always been a matter of concern every time you transfer money to India? Read this post to know how you can make your online money transfers to India more secure.
Sending funds to India from a foreign country has become far more easier as compared to earlier times. An important consideration when sending funds to India is the safety of your transactions. After all, you’d definitely want your hard-earned money to reach home safely and securely.
So, how can you improve the safety of your international online money transfers? These tips can help-
1. Select a Reliable Transfer Service
While there are now several money transfer services available, the online transfer services offered by the banks are known to be the most reliable. You can open an account in a reputed Indian bank that offers affordable, quick, and convenient international money transfer service.
Reputed banks have several security measures in place to make sure that all your transfers are entirely safe and secure.
2. Use a Secured Device
You might have already heard about the growing incidents of hacking, virus attacks, ransomware, and other malware. While banks might already have their security measures in place, you also must take measures for improving the safety of your transactions.
One of the most important measures you can practice is to use a secure device. If you are using a computer or laptop for the transfer, it is wise to have a genuine copy of anti-virus installed. In case if you are using a mobile phone, make sure that you only transfer funds from the official portal or app of your service provider.
3. Use Your Data Internet Connection
Apart from the device you use, even the internet connection you use to transfer funds should be secure. Prefer using your own data connection and avoid public Wi-Fi at places like cafes and hotels as they might not be secure.
It wouldn’t be difficult for a cyber attacker to extract your banking information from an unsecured internet connection.
4. Never Share Your Transaction Password
No matter what kind of online money transfer service you select, you’d mostly have a username and password along with an additional transaction password for the same. Avoid writing the transaction password in a file and saving the same in your computer, laptop, or mobile phone.
Never share your transaction password and make sure you change it regularly. Also, make sure that you have a strong password, which is a combination of upper-case and lower-case alphabets, numbers, and special characters.
5. Keep Tracking Your Transfers
When selecting a service to send money to India online, opt for one that allows you to track your transfers online. It will enable you to know the status of each of your transfers instantly.
With the help of the tracking service, you can know the exact date when your funds would reach India. This will add more security and transparency to your international money transfers.
Ensure Complete Safety for All Your Online Money Transfers to India
While cross-country money transfer services have come a long way in the past decade, the service providers and users need to work together for enhanced safety.
If you have recently moved to a foreign country and planning to send funds to India regularly, make sure that you remember the tips listed above. This will help you to improve the safety of your transfers, ensuring your hard-earned money reaches your loved ones in a secure and timely manner.