Well in India, it is easy and fast to send small amounts up to $1450 to anyone in India through UPI. The transactions occur instantly and it’s non-chargeable. And also you don’t need the bank to be open to do the transaction. You can do it 24*7.
For the larger amounts, you can do imps and rtgs. Although there are some time restrictions and minimal fees is charged for the transactions. For the bigger amounts we would be needing bitcoin to perform the transactions in the future.
Interesting. Thanks for sharing. Very different here in the US. Especially if you are sending large amounts of money.
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