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This presentation includes the answers to the question, like why there is need for online money transfer. It also includes various tips that one must consider while transferring money online. Read this presentation for information
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Electronic funds transfer systems have been applied to such transactions as payroll related payments, debit or credit transfers, mortgage payments etc.
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The Philippines is among the top countries in the world when it comes to residents sending money back home since more than 10% of the country’s population live and work abroad. In fact, after the much larger countries of China and India, Philippines is the third country in the world in terms of remittances received. Overseas transfer of money is extremely commonplace among the Filipinos since so many of them do it on a regular basis and there are many companies both within and outside the Philippines that help the non-resident workers in a smooth money transfer to the Philippines. Let us try and understand the importance of the foreign currency remittance to the economy of Philippines and how it has helped in the dramatic economic growth story of the country.
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NEFT stands for National Electronic Funds Transfer, and it was launched in the year 2005. NEFT allows two parties to transfer funds easily, irrespective of the banks they hold accounts with, as long as both their accounts are NEFT enabled.
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Did you know that SMEs contribute to nearly half of India's exports? An SME, also called Small and Medium Enterprise, are categorized broadly into two categories - manufacturing and services. A company is classified either as a 'Small' or 'Medium' enterprise based on the investment amount. If you're the SME owner, you will require funds at regular intervals to keep your business running. In today's day and age, an online business loan is an excellent way to arrange for the needed funds. As long as you meet the eligibility criteria and have the necessary documents, applying for an online business loan shouldn't be too difficult. This article lists four ways you can benefit by taking out an online business loan.