How long does a wire transfer take when processed internationally

 There are various ways to transfer money, such as via checks, electronic transfer through multiple payment systems, wire transfer, etc. A bank wire transfer is a fast and secure way to send and receive money electronically, irrespective of your location. Wire transfers use bank-to-bank connections to exchange funds both domestically and internationally. Domestic transfers take less than 24 hours to clear, while international wire transfers usually take two to three business days. Let’s understand how long does a wire transfer take? depending on the destination, time and other factors.

Manoj Negi

· 17,583 views

NRI Trading: Restrictions, Rules & Investment Options

 India is a very lucrative country to invest in. It is one of the fastest growing economies and is predicted to become a superpower. The foreign direct investment into India was the highest ever during the financial year 2020-21. It was $67.54 Billion for the first nine months (Apr-Dec 2020). It has been forecasted that the Indian economy will grow at 6.7% in 2022. This is amongst the fastest in the world. According to the ministry of finance, India’s GDP is projected to grow in real terms by 8.0-8.5 per cent in 2022-23. The following are the details about NRI trading restrictions, rules and investment options.

Aruna Luthra

· 10,788 views

How SWIFT Payment Works for Transferring Funds

 Because of the international payment network, today it is easy to transfer money from one bank to the next anywhere around the globe. But how is it possible? The SWIFT payment system is behind most international money and security transfers. In 2021 more than 11,000 global member institutions sent an average of 42 million transaction messages per day through the network. If you wonder what SWIFT is and how SWIFT payment works, keep on reading.

Manoj Negi

· 15,816 views

Labor Condition Application: Requirements, Application & Status

 The Labor Condition Application is a form that the employer is required to file with the Department of Labor for any H1B, H1B1 and E3 employees that the employer wants to hire. It can be one of the first steps that an employer needs to take when hiring any of these employees. The employer needs an LCA in order to file the I-129 petition for these visas. Here we are going to explain how to get the Labor Condition Application (LCA) from the Office of foreign labor certification (OFLC) for the H1B, H1B1 (Chile and Singapore) and E3 (Australia).

Aruna Luthra

· 7,651 views

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