The digital era has revolutionized the global marketplace, enabling companies from around the world to collaborate around
the clock. From start-ups to well-established organizations, firms of all sizes have business ties overseas. However, conducting
business on a global scale can be complicated.
One example of this complexity is the global remittance industry, which reached a total of USD 760 billion in 2021. The amount
of money flowing from Singapore to India alone in 2021 was staggering, totaling USD 1 billion. However, sending money
abroad is far from a simple process. In addition to various fees and charges, there are compliance challenges associated with
every outward remittance.
What are the primary challenges of Outward Forex remittances from India?
The above-mentioned challenges often lead to delayed payments and loss of potential business opportunities. Additionally,
this hits the revenue of the company. Considering these major hurdles to foreign remittance, Karbon has set up the first
structured and methodical Forex Remittance solution for startups and businesses.
Experience the Power of Seamless Remittances with Karbon Forex
Karbon understands that when it comes to sending money overseas, you want a solution that is fast, secure, and affordable.
With lowest markup rates, quick 5 hour Transaction TAT, and a commitment to security, rest assured that the funds will reach
their destination safely and quickly. Our partnerships with reputable financial institutions and payment providers also ensure
that transactions are processed smoothly and efficiently. All that Karbon asks you to do is share the invoice and the rest
is taken care of!
To stay on top of global business, it is important to be aware of the exchange rates and regulations for smooth foreign transactions. Karbon is a One-Stop Shop for reliable, compliant, and efficient remittances. Additionally, Karbon forex
reduces the burden of all the documentation, which helps CA and CFOs to focus on key management.
Come join the Karbon #Forex_Revolution. Book a demo with us today!