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What is the fastest way to send GIC payment ?

What is the fastest way to send GIC payment ?

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1 Answers Reply
  • Hameed Sheikh
  • 1 year ago

There are two main methods through which you can send GIC Payments. First, you transfer the GIC payment through an Abroad Cube who has partners authorized by RBI for International Remittance. Secondly, you can visit the bank personally, submit & sign a lot of documents and remit the amount through cheque or RTGS. Visiting the bank is a very tedious process as you have to submit and Sign multiple documents to the bank. Banks often charge high exchange rates, due to which the offline process is more expensive than the online process, as a student has to face a loss of INR 15000. This offline process is time-consuming as it takes 4-5 days to complete due to numerous permissions along the way and old technologies. On the other hand, the partners of Abroad Cube leverage the modern technology to remit the payment at lower charges, minimum documentation and faster processing compared to Banks. If you want a quick transfer, contact our team, where you will get your work done on the same day without paying any extra amount. 


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