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Benefits of Regular Remittances to Pakistan

Benefits of Regular Remittances to Pakistan

Posted on February 03, 2019

When it comes to mobile banking, you can perform all sorts of transactions with ease and convenience. This includes remitting payments to other countries such as Pakistan with the touch of a button. This type of money transfer can be beneficial in many ways and the fact that you can now do an online money transfer makes the process very simple.

So, what are the benefits of making a regular money transfer to India or Pakistan? Well, there are many benefits you can look forward to when you make this type of international money transfer. By using a mobile banking app, you can send money online without any hassle or stress. So, let’s take a look at some of the key benefits you can enjoy when you remit money in this way.



Key Advantages of Making an Online Money Transfer to Pakistan

 

There are various benefits you can look forward to when you remit money online to international destinations such as Pakistan. Some of the key ones include:

 


Saving Money with Great Ease

If you, like many other people, struggle to save money, online money transfers could prove ideal. This provides you with a simple yet effective means of moving money and sending it back home, which means you won’t be tempted to spend it. Once it is transferred out of your account, the temptation to spend is removed, which means you can save with far greater ease.


Helping Your Loved Ones at Home

You may be in a situation where your loved ones back home are in need of money. You may simply want to send them a little extra cash on a regular basis to help improve their quality of life or enable them to treat themselves. When you transfer money online, you can easily send funds over to your loved ones, bringing them joy and increased financial freedom.

Exchange Rate Benefits

Another thing you must consider is the exchange rate benefits you can look forward to when you remit money online using your mobile banking app. By sending money on a regular basis, it will help to average out the exchange rate, which can be lower some months and higher others. This means you don’t have to risk sending a large amount of money back in a single transaction when the exchange rate is poor. As you can send money regularly over the course of the year and average the exchange rate out.






A Great Solution for Business or Property Investment

One of the other benefits of sending money internationally online is that it provides you with a great way of investing in property or business overseas. You can send money towards your investment with ease and convenience, which makes it simpler to make your money work harder for you.





These are some of the key benefits that you can look forward to when you carry out online money transfers as a mobile banking user. It shows why this type of money transaction has become so popular among mobile banking customers over recent years.

 


Enjoy Total Simplicity

By using your mobile banking app to transfer money to Pakistan and other international destinations, you get to enjoy total ease and convenience. In today’s digital age, more and more people are turning to online banking solutions. This is because transactions such as money transfers are so much simpler with online banking. You can transfer funds from the comfort and privacy of your own home with the touch of a button. You can then look forward to the many benefits that come with international money transfers.



Disclaimer: This article has been prepared solely for information purposes. It does not constitute an investment advice, solicitation, offer or personal recommendation by Mashreq, or any of their related parties to buy or sell any securities, product, service or investment or to engage in or refrain from engaging in any transaction, particularly, in any jurisdiction where such an offer or solicitation would be illegal. Neither Mashreq nor any of their related parties warrant the accuracy of the information provided herein and views expressed in this article reflect the personal view which does not take into account of individual clients’ objectives, financial situations or needs. Investors are required to undertake their own assessment and seek appropriate financial, legal, tax and regulatory advice to determine whether such investment is appropriate for them in light of their experience, objectives, financial resources and other relevant circumstances. Neither Mashreq nor any of their related parties accept any liability whatsoever for any direct, indirect, consequential or other loss arising from this article and/or further communication in relation thereto. Mashreq do not accept any obligation to correct or update the information in this article.




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