The best platforms to transfer money internationally are the ones that offer low fees and fast transfers. The worst platforms to use for international transfers are those with high prices and slow processing speeds. This article explores some of the best ways to send money abroad and avoid pitfalls associated with international money transfers.
Western Union offers a quick and easy way to send money around the world. With transfer options in over 200 countries, it is no wonder that Western Union has been nicknamed “The Walmart of Money Transfers.”
To use this platform, you must have an account with Western Union. Such accounts are easily be opened online through their website or by going into a retail location. All you have to do is fill out the required details and send your money on their website or over the phone.
There are no fees for sending money online, but there may be an initial charge depending on your chosen transfer method. In addition to that, Western Union does not provide its users with a fee chart, so you may have to contact customer service for more information.
SendFX is an excellent platform for sending money to international locations. They allow you to transfer your money using their app, which makes the process quick and easy. You can even pay friends with just a few clicks of a button.
In addition, SendFx has been recognized as one of the top global providers by The New York Times and many other publications. SendFX’s transfer fees are a bit higher than some other platforms.
However, they make up for it by offering excellent service and a customer support team. In the app, you can find all of your available FX rates to compare prices before making a transfer, which lets you know exactly how much money will be going when the time comes.
Currencies Direct is one of the most popular platforms to transfer money internationally. They have over 25 years of experience in this field and are recognized as an award-winning provider by many publications.
You can send your money using Currencies Direct on their website or through their app. The newly developed app makes it quick and easy for everyone, no matter where they are located.
WISE is a platform that makes it easy to transfer money abroad while still getting the best value for your money. This company has helped thousands of people send their hard-earned cash to friends and family members in over 200 countries worldwide.
To use Wise, all you have to do is sign up with them on their website or through their app. WISE provides a very user-friendly platform that makes international money transfers easy for everyone.
In addition to the low fees, WISE provides you with a fee chart which can be found on their website downloaded as an attachment.
TorFX is a platform that specializes in international money transfers. All you have to do is open an account with them, fill out some necessary information, and send money. In addition to this, TorFX also offers its users 24/seven customer support.
If you are interested in sending your money to a specific location, TorFX will make the process quick and easy. They have over 200 countries available for transfers which makes them one of the most diverse platforms around. However, this also means that they do not provide their users with a fee chart, so contacting customer service is necessary.
Conclusively, international money transfer platforms make it easy for you to send your money abroad. It’s a quick and convenient way to transfer funds, but ensure that the platform is reputable before making any transactions.
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