About DKK and INR

The DKK and INR are some of the most traded currencies in the exchange market. With thousands of Indian immigrants working in Denmark, millions of money is remitted to India from Denmark. With that said, it is good to know that there are various ways that you can use to send money from Denmark to India. Technology has been a major game changer in the money transfer industry and converting DKK to INR has never been easier.

Best way to send money from Denmark to India

If you want to transfer money from Denmark to India, you have options tailored depending on what you need. Some of the most commonly used services include;

1. Direct cash transfer

   Western Union is one of the cash transfer services that is known to provide fast DKK to INR cash transfers. The good thing with these services is that the receiver can receive the money almost immediately.

2. Online cash transfer services

   Sending money from Denmark to India using online money transfer services is convenient according to many Indian immigrants in Denmark. The same goes to employers in Denmark who have freelancers working f from India. That is because the services are available round the clock from ones comfort. Popular online DKK to INR transfer services include, Azimo, currency fair, World Remit and OFX.

3. Bank to bank transfer

   Indian banks in Denmark offer fast and convenient money transfer services for receivers who hold an account with the same bank. This kind of cash money transfer from Denmark to India is convenient if you have to send lots of money regularly or you need to pay salaries.

4. Direct deposit

   Some online money transfer companies can offer you direct deposit services where you get to send money direct to a bank account in India. This however usually takes a long time as the verification and transfer process is long and thorough to prevent fraud.

What to consider when sending money from Denmark to India

Many factors can affect the process of money transfer from Denmark to India. That is why, you need to keep the following in mind while searching for a suitable money transfer service.

• How long the transfer will take
• The DKK to INR exchange rates provided
• How much the service costs
• If the recipient is comfortable with the method
• If there is a limit of how much or how many times you can send money.

While this can involve a lot of research, it is good to know that with Exchange Rate IQ, all you need to do is compare and identify the best option as the research has already been done for you.

Fastest way to send money from Denmark to India

Thanks to technology, it is safe to say that sending money to India from Denmark online is the fastest way to transact. That is because, the exchange is instant especially if both parties hold an account with the same online company. Western Union is also another fast option however it is usually accompanied with expensive service charges.