04 May 2023
Countries with higher labour are often more likely to grow fast. But on the contrary, if the country's economic condition is not stable already, it can drastically increase the country's unemployment rate. Such crises drive people in developing countries to move abroad and find better work opportunities; India is no exception in this regard. Over 32 million Indian diasporas and expatriates significantly contribute to making the country the largest remittance recipient. These expatriates work very hard in foreign countries and send money to India to their loved ones. ACE Money Transfer offers entirely Fee-Free money transfers to standby these diasporas and provides them with the best service quality they need. Keep reading to learn more about the Zero-Fee Money Transfer Offer by the firm for overseas Indians available for the whole year 2023.
Though the population is very high, the country's economy is collapsing. There are fewer jobs and more people. The equilibrium of the social and economic systems is completely disturbed. In 2022 the unemployment rate in India rose to 23.5%, which was the highest ever for the country. For this reason, people from India tend to travel overseas so their families can lead a decent life.
When you move abroad, the first concern is finding a reputable money transfer service that allows you to flow money at reasonable costs and exchange rates. When using typical services, most overseas workers spend much of their hard-earned money on transfer costs and hidden charges. ACE Money Transfer is well-known for its customer-centric services, ensuring the lowest transfer fees and the highest possible exchange rates.
Reasons why ACE Money Transfer is providing the facility of Zero Fees remittance transfer to India
Keeping in view the problems discussed above, ACE Money Transfer is giving the facility of fee-free money transfers to India and becoming the favourite online money transfer platform in the market.
Here are a few reasons why ACE Money Transfer waived the transfer fees for overseas Indians for the entire year.
India’s poverty rate grew to 83.88% in 2019, which was alarming for a country with a massive population. Although the country has exceptionally improved the situation, albeit millions of people still live below the poverty line, struggling to put food on the table. Lack of necessities for life and limited work opportunities force several individuals to move abroad and earn better to support the financial needs of their families.
Migrants work to support their families and have to keep some capital for themselves as savings to be used in emergencies or future plans. After cutting taxes, the final income is already divided between two kitchens. So it is crucial for them to save money on regular money transfers, which is now possible by using ACE Money Transfer’s Zero Fee offer for every money transfer to India from the UK, Europe, Australia, Canada, and Switzerland.
Transfer Fees on a money transfer can financially burden Indian expatriates. They tend to save every penny because they have large families to support back home. So if they make unconscious money transfers to India, they will face its effects later. They cannot afford traditional money transfers involving hidden charges and hefty transfer costs. ACE Money Transfer is the best solution for their remittance problems since the firm offers no hidden charges, the lowest and most transparent fees, and market-competitive exchange rates.
Increasing scams and frauds have made it difficult for people to trust traditional modes of money transfer. This has resulted in the need for more reliable and cost-effective money transfer services.
With the rise of digital transactions, scams and frauds have also increased. Hackers and scammers are constantly finding new ways to steal money from people. This has made people more cautious about using traditional money transfer methods, such as wire transfers, which are often expensive and can take days to process.
As a result, people are turning to more reliable and cost-effective money transfer services that offer greater security and faster transaction times. Services like ACE Money Transfer allow people to send money quickly and securely without having to worry about scams and fraud.
In addition, these services often offer additional features, such as the ability to track transactions and receive notifications when funds are received. This helps provide consumers with greater peace of mind and makes managing their finances easier.
Overall, the increasing prevalence of scams and frauds has made it clear that there is a need for more reliable and cost-effective money transfer services. By providing greater security and faster transaction times with no fees involved, ACE Money Transfer is helping overseas Indians to restore trust in the digital economy and ensure that they can send and receive money with confidence.
If you want to know more about the current offer by the firm, look at Fee-free money transfers to India - the only remittance service offering massive and unique benefits.
You don’t have to go the extra mile or put yourself through challenges to transfer funds at zero fees. Simply join ACE Money Transfer and send money to India online through its services to benefit from the all-year-round Zero Transfer Fee offer.
Typically, the firm gives a welcome bonus of fee-free first transaction to expats on using its services for the first time. However, it has especially offered an enticing Fee-Free transfer option for its Indian customers residing across the UK, Europe, Canada, Australia, and Switzerland. The offer is available until the end of 2023 and has no complex requirements. You can send money to India anytime without fees using ACE Money Transfer Mobile App or Website Portal.
Here are the steps to send money to India at ZERO FEE from abroad using ACE Money Transfer:
Go to the ACE Money Transfer mobile app or website and sign up for an account. You will need to provide some personal information, such as your name, address, and email.
Once you have signed up for an account, you will need to verify your identity. You will be asked to provide additional information, such as your date of birth and ID.
Enter the recipient's name, address in India, and bank account details, if applicable.
Choose the amount of money you want to send to India. ACE Money Transfer will show you the exchange rate and any fees that apply.
Pay for the transfer using a debit card, credit card, or bank transfer.
After you have paid for the transfer, you can track its progress using the ACE Money Transfer website or mobile app.
Once the transfer is complete, notify the recipient in India that the money has been sent.
It is important to note that ACE Money Transfer may have certain limitations or conditions, such as transfer limits or requirements for the recipient to have a bank account. Comparing fees and exchange rates across different platforms is also advisable to find the best option for your specific needs. Making an online money transfer to India via ACE Money Transfer typically remains the best option since you benefit from the highest exchange rates, which are up-to-date and linked with interbank fluctuations.
There are several benefits of using ACE Money Transfer when sending money to India from overseas. Here are some of the key advantages:
ACE Money Transfer offers competitive exchange rates, which means you can get more Indian rupees for your money.
ACE Money Transfer charges low fees for its services, which means you can save money compared to other money transfer providers. With its current promotion for Indian diasporas, there are absolutely NO fees involved when sending funds to India from abroad through its services.
ACE Money Transfer offers fast and secure money transfers, ensuring that your money arrives quickly and safely in India.
ACE Money Transfer accepts a wide range of payment options, including credit cards, debit cards, and bank transfers, making it easy to send money from wherever you are.
ACE Money Transfer has a user-friendly website and mobile app, making it easy to send money to India from anywhere.
ACE Money Transfer has excellent customer support, with a dedicated team of experts available to assist you with any questions or concerns you may have.
Overall, ACE Money Transfer offers a reliable, cost-effective, and convenient way to send money to India from overseas, with competitive exchange rates, low fees, fast and secure transfers, and excellent customer support.
The company's historical step is the luxury of sending money to India at absolutely zero fees. This may have relieved the problem of costly money transfers. Now you can send money to India from abroad at absolutely zero fees with the help of ACE Money Transfer. The company's goal is to serve customers in the best and most feasible way, and a happy customer is their asset.
