The start of the annual Diwali festival will be especially important in 2020, a year which has been particularly hard for so many people due to the impact of the Covid-19 pandemic.
The Hindu celebration of the triumph of light over darkness and good over evil, Diwali is a traditionally busy time for money transfer. Though Covid-19 has led to a decline in remittance to India, we’re certain that the festival’s spirit of generosity and the desire for those living overseas to feel close to their families will lead to a large upturn this month.
What are the best ways to send money to India?
There are two ways to send money to India from the UK:
1: Cash Pick-Up: Send money for collection at more than 14,000 locations across India. This method means that even if your recipient doesn’t have a bank account, they are still able to receive international money transfer.
2: Bank Deposit: Deposit Indian rupees into a bank account in minutes. Fast and efficient, money can be sent online directly into your beneficiary’s account, removing the need for them to travel.
For both cash pick-up and bank deposit you have several options to transfer money through Small World. These include:
Online money transfer: Register online and send money in a few simple steps. Further details are available in this blog on the Small World website.
Mobile app: It is even easier to send money with our app. This blog has all the information you’ll need to get started.
In branch: You can send money in person via any Small World branch. You can find your nearest branch here.
Over the phone: Transfer money with a simple phone call to one of our call centre operators.
How does our partnership with Muthoot Group benefit our customers?
We work hard to build relationships with companies across the globe in order to benefit our customers. A good example of this is our partnership with Muthoot Group, a trusted business with over 80 years of experience.
As our partner for cash pick-up, money that you send to India can be collected from any of their 5,000+ branches.
With such a large number of branches across the country, it is clear to see how this partnership helps bring our money transfer services to as many people as possible.
Muthoot Group are just one of our partners and our relationships with other businesses such as Kotak Mahindra Bank, Yes Bank, Federal Bank, State Bank of India, HDFC Bank and Union Bank are equally important in helping you transfer money.
The most popular ways to send money to India
- Cash Pick-Up
- Bank Deposit
Our main partners in India are Kotak Mahindra Bank, Yes Bank, Federal Bank, State Bank of India, HDFC Bank, Union Bank