There are some services which allow you to send money overseas / worldwide / nationwide on a recurring basis or on a continuous basis. You can specify the frequency or interval of the money transfer to the recipient and the money will be sent to the recipient after specified intervals.

For example you can make settings online in your money transfer service that you want to send money on the 1st of every month. YOu can specify the money to be sent and the interval after which to send. There are many options which will help you manage all that.

Many money transfer services offer this facility of sending money on a frequent basis automatically, on a recurring basis / continuous basis.

When using such services to send money overseas or nationwide, You can have your funds withdrawn directly from your bank account if you dont want to use your credit card or are not comfortable with using credit cards for such purpose. You can easily configure to send money from your bank acccount by specifying the Internet check option (check out the exact label in your transfer service) when asked for payment details, enter you can enter the ABA or the Routing number of your bank along with your bank account number. The ABA and Bank routing numbers are found on the bottom on your checks or savings slips. The routing number is a set of 9 numbers and the account number may be greater than 10 digits.

(The ABA or routing numbers are applicable in only th US or European countries. In Asian and other countries they are not called so. Other counterparts are available like Swift. But do check  it with your bank helpline or money transfer service)

If you are sending money from your bank account, note that there should be enough money in your bank account. Otherwise you may be charged high / exhorbitant fees or the money may not be sent altogether. Some helpful transfer services may inform you in advance by email or phone that you dont have enough money in your bank account and may instruct you to either cancel the upcoming money transfer or deposit the required amount of money in your bank account. This is very helpful at a time when a person may be too busy to remember things like this.

If you are sending money from your credit card / debit card on a recurring basis, then there should not be any holds on your credit card. It should be working just fine so that there are not any problems in the money transfer process. So transferring money by credit card is very easy as it works even if you don’t have enough balance in your bank account. You can always pay later.

So you can remit – tranfer money on a recurring basis easily using such services.

The main advantages are:

1) You can automatically send money to your loved ones on your specified dates.

2) Easy options and menus help you set up the money payment dates quickly.

3) You can cancel or modify the sending dates at any time 24 hours a day, 7 days a week.

There are many remitting services which allow you to send money to many locations worldwide with ease on a recurring basis. One such good service is RapidRemit Service @ www.rapidremitsvc.com

With this service you can send money on a recurring basis using your bank account or credit cards to many countries like Argentina, Armenia, Bolivia, Brazil, Chile, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Also send money to India, Moldova, Nepal, Paraguay, Russia,

Ukraine, Uruguay and Venezuela. You ca check out the company’s website for more details.

(This is not an endorsement for the money transfer company RapidRemit. Its just an informative article by our Financial writer. We dont assume any responsibility for any incorrect information. Better check out and double conform the information provided here. Read the terms of use and Disclaimer)