Sending Front and Back of Credit Card to India? Before we discuss on it, you must know that sending any kind of payment or money to India is a bit different from sending it to any other part of the world. This is because, when you are sending any kind of payment or money to a foreign country, it is first and foremost meant to ensure safe transfer of funds.
You must be wondering what is the difference between sending cash or cheque to India and sending any kind of payment through a card. The answer to this question lies in the way that cards are issued. If you have a bank account in an Indian bank, then the card does not need to be processed by any particular bank. The bank will simply issue it to you. However, if you still have an account with your bank in your home country, you must still process the card before sending it to India. The processing of the card is done through the financial institution that you have presently got your account with.
Hence, sending the card to India through a local bank is quite impossible. Therefore, there is a need for us to look for a better alternative to transfer any kind of payment through a card. For instance, if you have some pending bills in your home country, you can easily pay those bills through your card. This will not only help you save a lot of time and money, but also will help you avoid any kind of inconvenience later on.
However, the time that you will have to use the same card will depend on the amount that you wish to transfer. If you want to send just a small amount, such as $100, then you can use your credit card to transfer that amount. However, if you want to send a large amount of money, like many people do, then you might have to take help of a service provider. Many service providers will charge you a very high amount of fees for transferring money, so it is advisable to look for another way to send a large amount of money. In this case, you will have to send the money in form of check.
Before sending back the money, make sure that you have got all the information regarding the payment already on your account. There is no point in sending the card if the card provider knows that you are aware of the terms and conditions related to sending back the card. Moreover, you should also keep in mind that the more recent the card issuer is, the better chances of you getting the money back. Hence, if the card issuer is about to expire, then the better for you to transfer your credit card balance to an old card and keep using that card to pay back the remaining balance of the credit card.
Once you have sent back the credit card balance, you will have to wait for two to three weeks for the money to come on your account. This waiting time is quite inconvenient and will affect your regular routine of spending. This is the reason why you should ensure that the balance on your card does not exceed more than half of your credit limit. It is important to note that once you have sent back the card issuer, you cannot send them any more card offers for two to three months. If you have used up the entire credit line, there is no point in sending it back to the issuer as they will refuse to deal with you again.