Remit2India to offer NRE transfers
World’s number one independent online money transfer portal for NRIs recently unveiled its exciting NRE promotional campaign. The promotion promises premium exchange rates to NRIs allowing them to earn up to Rs.4500 over the standard rates for transferring money into their NRE accounts.
NRE(Non-Resident External) account, is a bank account, which can be opened by any person of Indian origin or nationality, currently settled abroad. These accounts can be maintained in the form of savings, current or term deposit accounts with any authorized banks in India. An NRI gets the opportunity to enjoy the multiple benefits of higher interest rates, tax- free principal and interest amount and also full reparability of funds involved.
Furthermore, the NRI can use his NRE account to invest into the various investment vehicles including mutual funds, property, insurance, etc. as tools for wealth creation.
The NRE money transfers promotion being latest on the platter is designed and framed to steal the show by offering best possible exchange rates in the market exclusively for Remit2India customers. Remit2India service is available in 32 countries and 9 currencies across the globe for inbound remittances to India through multiple money transfer options available on the website.
Source:indiatimes
Labels: NRI Accounts, NRI Remittance
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