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You may have been doing business on the internet. In the current scenario of overseas market, the export, software, call centre and freelance business has been order of the day. India and Indian people have been developing by leaps and bound during last few years due to presence of the internet and open source technology. There are many small to medium sized companies have been receiving lucrative profit due to surge in the business in international market. The international money transfer has been an order of the day. If you have been working in a foreign land you can transfer funds to India with few clicks on the mouse.

In this article we will let you know as to some easy and faster steps to send and receive money from the international market.

As we know western union is the king among all while sending and receiving money from any countries of the world. The money transfer is extremely easy with this oldest fund transfer company of the world. The Western Union money transfer has got a very big network in the world. If you have a friend in the western countries or may be a family member in the overseas destination and you require money, then they can transfer the funds easily on the internet. After transferring the amount they will give a ten digit money control transfer number which you need to show the vendor to receive money. You also need to show your identity card to the agent as a genuine receiver.
The wire transfer is also extremely popular in the world. The wire transfer was initiated with the western union. And today it is one of the most sought after ways to send and receive money. While making an overseas fund transfer you need to have a bank account. The sender also require an account to transfer money to your account. The wire transfer typically takes 24 hours to 72 hours to receive money from the overseas market.
Bank to bank is another popular option to transfer money on the internet. You can transfer money to the payee with few clicks on the keyboard of the computer. It takes only 24 hours to 48 hours to receive money from the international market.
PayPal is another popular options to send and receive inward remittance. The PayPal has remained very popular since beginning of the internet commerce. It is basically free if you would like to integrate on your website. However, you need to pay huge commission while having a transaction. Similarly, you may have to pay to PayPal huge amount of money while receiving money. You need to give commission at least 6% of your funds received.
These days there are 3rd party agencies that helps to transfer your money internationally. One can send and receive money by these third party agencies. Be it Indian or Sri Lankan it easy to receive money from the overseas market. You clients can transfer money to Sri Lanka, India or any other counties by dint of these third parties.
There are many other ways and means also coming to the market for the international remittance.

These days the world has been in the clutch of the human being. It seems the world is so small that the people using the world just as a toy due to the advent of the internet technology. The world has been developing by leaps and bound due to presence of the technology and changing in the market. During last couple of years the people of India has also developed to a great extent. The Indian people have been able to not only earn money in domestic market but also overseas.

The internet technology has made the system of money transfer extremely easy and money reaches in the account in the twinkling of an eye. If you have business in Australia and you have been working from India then receiving money is not a difficult task these days. There are many ways to send money from Australia to India.

Wire transfer

Wire transfer is one of the most sought after means to make international fund transfer. The wire transfer is generally done by the help of bank. Both the sender and receiver should have bank account. It typically takes maximum 72 hours to receive money in your account. However, practical experience says that money sometimes reaches within 24 hours in the account.

Money transfer through mail

Transferring money may look new to you by dint of mail ID? The PayPal is one the most popular online fund transfer tool that has facilitated many people to have inward and outward fund transfer to the different location of the world. However, some countries have restriction to receive money by the help of PayPal. PayPal has remained popular since beginning of the internet commerce due to its easiness in transferring money. However, the charges for remitting money to the other countries is higher than the bank and other service provider.

Remitting money by third party agency

There are many third party agency who are quite helpful in sending and receiving money online. These third party agencies have their network in the various part of the country. You need to present certain document to receive money from either Australia, USA, UK or any other countries of the world.

Western Union money transfer

The Western Union money transfer is one of the oldest players in the field of transferring money to more than 190 countries of the world. The process is extremely simple. The sender has to tell you the ten digit secret number and you have to show it to the nearest Western Union money transfer vendor with the proof of identity.

These ways and means of remitting money explained here may charge you more sometimes. That is why; you should understand the currency conversion. There are many online tool for the money conversion rate which you can use. You can check either Australian Dollar Exchange Rate or currency of any other countries of the world.

The different agency charges you differently. That is why; you should understand the currency rate on the day you are sending or receiving money.