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Why Inward and Domestic Transfers Can Save You Money

A Report by CYS Global Remit Digital Media Marketing Team


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Sending money across borders is part of everyday life — whether it’s supporting family back home, paying for overseas services, or running an international business. But the traditional way of doing it isn’t always the most cost-effective. 


The Problem with Traditional Bank Transfers 

When you send money through a conventional bank transfer, the funds rarely travel directly to the recipient. Instead, they pass through several intermediary banks before reaching the beneficiary. 


Each stop along the way usually means: 

  • Extra fees deducted at every stage 

  • Currency exchange charges that reduce the final amount received 

  • Delays caused by multiple processing steps 


By the time the money arrives, your loved one or business partner may receive less than you expected. 


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How IDT Solves This 

That’s where Inward and Domestic Transfers (IDT) make a difference. Instead of your money making a long, complicated journey, it is settled locally in the recipient’s country. This means the funds move straight into the local banking system without unnecessary detours.


The Benefits of IDT 


  • Lower Fees – Fewer intermediaries mean less money lost to extra charges. 

  • More Value – Recipients receive “more” of what you send. 

  • Peace of Mind – Funds are delivered directly into their account, faster and with fewer risks. 


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Why Choose CYS Global Remit? 

At CYS, we’ve built strong relationships with banks and payment partners across Asia Pacific. This allows us to provide transfers that are: 


  • Reliable – backed by trusted financial networks 

  • Transparent – with clear fees and no hidden surprises 

  • Better Value – ensuring more of your money reaches its destination 


For families, this means more support reaching your loved ones. For businesses, it means smoother overseas transactions and savings that can boost profit margins, reinvestment, and long-term growth.


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With Inward and Domestic Transfers, your money doesn’t take the long route. It takes the smarter route.


Ready to get started? Contact our sales team today and experience a faster, more efficient way to send money. 

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