Banking

 Want to make an overseas payment? Perhaps the gap year for your daughter has turned out to be more expensive than she's been negotiating for or are you buying a good little beachfront bungalow in Mexico? Whatever the cause, you'll want to be on the lookout for the best offer to do so when you move money overseas. To help you get a better picture of what you're looking for, we've gathered some of the essential International Money Transfer (IMT) features that could affect your transfer here. Rate of exchange After the online money transfer is completed, the exchange rate decides how much foreign currency you can end up with. Comparing rates and finding the best deal around is crucial especially if you're moving large amounts of money. A small exchange rate difference could mean a big difference in the final figure! Fees IMTs often come with hidden fees that can add up quickly and reduce the amount of foreign currency you get out of a transfer substantially. There wi...

 What is a digital savings account? The digital saving account that of a niyo savings account means one can open a saving account anywhere. The digital saving account does offer multiple features, such as: · Virtual Debit Card, · Customer verification via Video KYC · Cashback on online spends The individuals who like to do everything digitally for them, the digital savings account is a saviour. Guidelines on how to open a digital savings account? Opening a digital account is extremely easy. Here are the following steps you need to follow: Step 1: There are multiple digital accounts available. Hence, after a glance, you need to select the digital account you wish to open, and also, you would be required to verify yourself. Step 2: Verification can be done with an Aadhar card, Pan Card, and giving the address and mobile number. Step 3: The next step is to key in all the personal details that the bank would require Step 4: KYC is done online for opening a digital savings account, so...