| India continues to be the top recipient of global remittance flow at $52 billion in 2009, the World Bank has said in a report. Migrant remittance flow to developing countries, including India, will be around $317 billion this year, a lower-than-expected fall from the year-ago level, but will return to the recovery path in years to come, the World Bank is reporting.
Money is sent to India either electronically - for example, by SWIFT - or by Demand draft. In the recent years many banks are offering Money transfers and this business has grown in to huge business.
City Exchange provides account transfer with in 24 working hours to the maximum banks in India. A Demand draft also can be delivered to banks and home.
City Exchange is the first exchange company in Qatar Who has implemented the facility to make account transfer within minutes to INDIA to specific banks.
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