Category: Finance

  • SBI Bank Charges for International Transactions: A Detailed Overview

    SBI Bank Charges for International Transactions: A Detailed Overview

    Suppose you have to send money to another country or want to receive money from abroad, either for personal or business purposes. SBI makes this process pretty easy and within reach. Like all other services provided by any financial institution, charges do exist and may vary in line with the nature of the transaction, amount…

  • IndusInd Bank Fees for International Transactions: An In-Depth Overview

    IndusInd Bank Fees for International Transactions: An In-Depth Overview

    Managing international transactions, personal or business-oriented, often involves an intricate web of hidden extra costs. Take, for example, the work that involves international travel or sending money to family members abroad; knowing the exact fees might be the thin line between smooth transfers and costly surprises. IndusInd Bank offers a long list of services related…

  • ICICI Bank Charges for International Transactions: A Comprehensive Overview

    ICICI Bank Charges for International Transactions: A Comprehensive Overview

    Are you ever in a dilemma trying to ascertain exactly how much one is paying when sending or receiving money across borders? ICICI Bank is one of the largest private sector banks in India, but one must learn about all the possibly applicable fees one may incur with them. As an NRI looking after money…

  • HDFC Charges for International Transactions: What You Need to Know

    HDFC Charges for International Transactions: What You Need to Know

    Wherever you are abroad or whatever purchases you make online in foreign currencies, or even when you need to send money abroad, you need to know what fee awaits you at the receiving end of this transaction. HDFC Bank is one of India’s largest and finest banks, offering services for international transactions like all other…

  • Axis Bank Charges for International Transactions: An In-Depth Guide

    Axis Bank Charges for International Transactions: An In-Depth Guide

    Axis Bank is one of India’s biggest private sector banks, offering a wide range of services to customers in respect of international money transfers and foreign exchange transactions. However, looking from a critical point of view about considering complete fees, there is a crucial need for effective management of your financial matters. This guide will…

  • Stability in a Dynamic World: Understanding Fixed Exchange-Rate Systems in India

    Stability in a Dynamic World: Understanding Fixed Exchange-Rate Systems in India

    The economic structures found in India are multifaceted, similar to the country’s cultural and geographical diversities. The management of the currency exchange rates in India is very essential in the global market for stability, trade liberalization, and economic growth. Among these, the fixed exchange rate system can be regarded as one of the most vital…

  • Unveiling the Contrast Between Money and Currency

    Unveiling the Contrast Between Money and Currency

    Since laymen frequently confuse the two words “Money” and “Currency,” they have distinct meanings and implications within the discipline of economics. This blog post is going to make sense of the confusing differences between money and currency, delving deeper into their functioning, features, and significance in the complex tapestry of the world financial landscape. Besides,…

  • How Does International Wire Transfer Work

    How Does International Wire Transfer Work

    Wire transfer refers to the electronic transfer of funds through a secure network administered by banks and non-bank financial institutions like transfer services. One institution sends the money on behalf of its customers, and another receives it. The prerequisite is information from the party initiating the transfer, such as the recipient’s name and account number.…

  • 7 Accounts Receivable Process Improvement Strategies

    7 Accounts Receivable Process Improvement Strategies

    Cashflow is the lifeblood of any business. It is essential to keep the business running, and liquidity is a must to pay operational expenses, such as rent, salary, and inventory. Without ample cash inflow, any brand, be it a startup or a multinational corporation, will eventually grind to a halt, though it’s profitable on paper.…