How to Ensure Safety when you Make Online Money Transfer?

Online remittance is a safe procedure; however, you need to be careful when sending money through the internet. For instance, not choosing a reliable remittance agency can put your money at risk. Even using unsecure WiFi connection can lead to hacking and issues in money transfer. If you want to ensure that your hard-earned money reaches safely to the recipient and your details are also secure, you need to be extra careful.

How to be safe?

Here are few tips to ensure a safe and hassle-free online money transfer to India:

• First and foremost, you need to choose a reliable money transfer firm that is licensed to transfer money overseas. There are thousands of online remittance agencies in the market but you can’t trust all of them with your money. Some research is required in determining a credible option because every other agency claims to offer the lowest rates and safest transfer process
• It is recommended to select few agencies of your choice and compare the rates being offered by them to finalize the best option. Make sure the agency is licensed and offers 24/7 customer care support
• Second tip is to use a safe device for online remittance. If you are using a public computer or someone else’s tablet or smart phone that is not secure, you will be putting your money and other details at stake. Always choose a secure device including smart phone, tablet, laptop or desktop that is free from malware or any type of virus. This is important because certain malware can eat your personal information such as phone number, bank account number which can be misused by hackers. Always keep your devices secure with the latest software and do security scans
• How strong is your account password? Is it easy enough for anyone to guess and misuse it? If yes, make sure you change your online remittance account password today. It needs to be secure and strong so that no one is able to guess it. Password theft has become quite common so don’t compromise on your financial security. It is also recommended to have different passwords for different accounts. This will ensure that even if one account is hacked, other accounts will be safe. Use a combination of lowercase and uppercase letter and also include symbols and numbers

One of the best ways to send money to India is through online remittance agencies. It is an easy and cost-effective procedure; however, you just need to follow the above-mentioned steps to be extra careful with your money.

Besides following these tips, make sure that you don’t become a part of any online money scam. Many times, people get lured into these scams and regret later. For instance, they get emails about lotteries in which they are asked to send money. If you get any such email, don’t respond to them. Also don’t choose a remittance agency that has poor reviews from customers.