Speedy Money Transfer Services

Where do you find money transfer services? Most obvious answer to this question would be banks because they help you transfer money from one bank account to other, from an account to service providers to retailers etc. Though banks provide a wide range of money transfer services including foreign exchange services at the prevailing currency exchange rates they often fall short of speedy services and effective customer service.

Another drawback of traditional money transfer services is that it often takes 48 hours for the transfer to actually materialize that is the receiver will be able to see the money into his account just after 2 days of the transaction initiated by the sender. Thousands have faced situations where money has reached them much late then the expected time resulting into further loss.

Another question posing here would be what other options you have for your money transfer especially in case of emergency? In recent times many private banks, financial intuitions and companies have come up with money transfer services which are much better and faster, thanks to the advancement of technology called SWIFT. All banks and institutions interested in fastening the process of money transfer have to abide by the SWIFT guidelines More...