5 Reasons to Send Money Home with HISS Remittance for the Holidays
The final months of the year are a magical time in many different countries and cultures. It’s a time when people across the globe gather with family and friends to celebrate festivals of immense religious and historical significance. Gift gifting can be a cherished part of such festivities, and there’s no reason to feel left out if you can’t be with your loved ones in person during the holiday season.
Thanks to HISS Remittance, it’s easy to send money home for the holidays, making your presence felt even if you’re thousands of miles away. Here are five reasons why HISS Remittance may be the ideal way for you to treat the people you care about.
1. Great Exchange Rates
When you’re sending a financial gift to a loved one, you’ll want your payment to translate into as much of your home country’s currency as possible. Bearing this in mind, the exchange rate provided by a bank or money transfer company is a crucial thing to consider with any remittance you make. After all, this tells you how much one unit of your current country’s currency will equate to back home.
Say, for example, you’re based in the UK and want to send money home for the holidays as a Christmas gift to a relative in Kenya. You may see a remittance company offering an exchange rate of 1 GBP = 158 KES. This means a hypothetical £50 gift would translate to 7,900 Kenyan shillings.
A number of factors can influence how currencies compare in value on the international market. These include the respective countries’ interest rates, their ratio of imports and exports, and the monetary policies of their central banks. While these big geopolitical considerations are beyond your control, it’s important to remember that the precise exchange rate available to customers will differ between banks and remittance companies. So, it’s a good idea to shop around to see where you can enjoy a rate that turns the amount you’re sending into as much of your home country’s currency as possible.
That’s what you get with HISS Remittance. As we’re entirely online, we don’t have to cover the running costs of land-based premises, and this saving means we can afford to provide highly competitive exchange rates to our customers.
2. Speed
When sending money back home, the last thing you want is for your recipient to be kept waiting a long time, especially when festivities are underway. This is why offering a speedy service is integral to HISS Remittance. What’s more, many of our customers are also able to select how quickly they’d like the money to be delivered. Depending on where your recipients are based, you may be able to choose between the Express options, which is ideal if you want the money to get there fast or the Economy route, when time isn’t of the essence.
However you choose to send money home for the holidays, HISS Remittance will keep you informed with real-time updates on your mobile device, so you’ll know exactly when your festive gift reaches its destination.
