Can I Send Money Abroad?

If you have friends or family in other countries, you are very likely to need to send them funds at some point: for a wedding, a medical expense or just to aid with everyday expenses. Here are some recommendations to assist you pay much

Here are some recommendations to assist you pay much less fees and eliminate challenges when you move money abroad. For more substantial transactions, it’s worth searching for a good currency exchange rate. A modest variation in the foreign exchange rate could mean a great deal more or a lot less money in your recipient’s account.

For more substantial transactions, it’s worth searching for a good currency exchange rate. A modest variation in the foreign exchange rate could mean a great deal more or a lot less money in your recipient’s account. Also ask if the exchange rate is guaranteed. Not all services guarantee the price but if they do, you’ll understand exactly the amount of cash your recipient will get.

Also ask if the exchange rate is guaranteed. Not all services guarantee the price but if they do, you’ll understand exactly the amount of cash your recipient will get.

Using your checking account, you can transmit money straight into an overseas financial account. It is also called an international money transfer, a telegraphic transfer, or a wire or SWIFT transfer.

Some banks also have on-line cash transfer services that enable you to transmit money on your own to an overseas bank account.

This might be a more costly choice and it might take up to 2 to 5 days.