Remittance during Covid-19 and the way forward

Remittance during Covid-19 and the way forward

Covid-19 has had a profound impact on the way business is conducted in the forex arena in particular. Traditionally, forex transactions were conducted physically at a bank or with an authorized money changer in person. However, with lock-down restrictions imposed across states, conducting a foreign outward remittance transfer from the comfort of one’s home digitally is the new way to go.

International borer closures have impacted international trade and travel at large. This has also left several people living abroad for temporary periods stranded. One such hit segment is that of students who are studying abroad. This segment is strapped with pressures of paying their on-going university fees and bearing living expenses in a boot-strapped economy. The pandemic has thus, effected several lives and livelihoods across the globe. Despite several rescue measures, there are still a number of students and loved ones who stranded overseas.

A number of Forex led businesses have also had to face the brunt of this situation. Keeping everyone’s health and convenience at the forefront of the days we live in today, Digital Forex is emerging and the next way to go. It has never been easier to transfer money abroad online today.

We at WSFx, have launched a mobile application best suited to conduct online outward remittance from India. This user-friendly application can also be utilized by parents who need to remit money abroad from India to their children. The WSFx Smart Fx app is a one stop solution for all your forex needs.

You can sign up in 4 easy steps and,

  • Transfer Funds Abroad Online for University Fees, GIC, Visa Fees, Immigration Fees, etc.
  • Buy Forex Cards and Foreign Currency.
  • Refer & Win exciting rewards!

The focus at WSFx is to provide services that are secure, reliable and accessible. Creating innovative solutions to complex problems is something that will always keep inspiring us to perform and serve you with the best.

Download the app here.

Leave a Reply

Your email address will not be published. Required fields are marked *