Posts

Showing posts from April, 2023

GIC Account in Canada for Indian Students

Image
Globalization has enabled students from different countries to pursue their education in foreign countries. Canada has emerged as a popular destination among international students due to its quality education, affordable tuition fees, and post-study work opportunities. However, the cost of education and living expenses in Canada can be significant for many international students, including Indian students. This is where GIC (Guaranteed Investment Certificate) comes into the picture. In this article, we will discuss what GIC is and its uses for Indian students in Canada.   What is GIC? GIC is a type of investment product offered by Canadian financial institutions, such as banks and credit unions. It is a low-risk investment that guarantees the principal amount and a fixed rate of return over a specified period, typically ranging from 6 months to 5 years.   GIC is a popular investment option for Canadians who want to save money for short-term goals, such as buying a car, renovating a ho

Send Money Canada- Guide

Image
What is the purpose: Weather you are sending money to education purpose, for treatment or any other purpose. To whom you are sending money: one must aware of to whom you are sending money, relationship between receiver and sender is very important, one must know RBI guidelines for complete detail. One must aware of GIC Account because it is very necessary for Indian students to open GIC Account in Canada in order to transfer money to Canada from India. There are several ways to  send money from India to Canada , and the best method for you will depend on factors such as cost, speed, convenience, and reliability. Here are some options you could consider: Online money transfer services:  Companies like Orient Exchange offer online money transfer services that are faster and more affordable than traditional wire transfers. These services allow you to send money from your bank account or credit card to the recipient's bank account or mobile wallet in Canada. International wire transfe

Orient Exchange for International money transfer

Image
In today's globalized world, it's becoming increasingly common for people to transfer money abroad. Whether you're sending money to a family member, paying for an international purchase, or supporting a friend in need, the process of transferring money across borders can be complex and confusing. That's where Orient Exchange comes in - a reliable and secure way to send  money abroad . Orient Exchange is a leading foreign exchange and money transfer company that offers a range of services to individuals and businesses in India. With its extensive network of branches and partners across the country, Orient Exchange provides a convenient and hassle-free way to transfer money abroad.   Also Read : International Money Transfer from India One of the key advantages of using Orient Exchange is its competitive exchange rates. By offering rates that are often better than those offered by banks and other money transfer providers, Orient Exchange helps you get more for your money.