What is Remittance?

In a broad sense, a remittance can simply refer to the transferring of money overseas between two parties for non-commercial purposes. However, the term is usually used in the context of people working overseas sending money back to family in their home country. Now, The emphasis here is on “non-commercial,” as remittances are different from…

TorFX Review

7 Must Knows In a moment you are going to find out if TorFX is the best option for your needs. (I’ll also show you how you can save potentially thousands $$$’s or £££’s no matter which money transfer company you choose.) But wait there’s more 🙂  and this is important. This is not your average…

OFX Review

7 Must Knows In the next 5 minutes you’re going to find out if OFX is your best option. But wait there’s more 😀 OFX is a clear leader (especially when you can avoid a $15 fee – see below) but it may not be the right choice for you. In the situations where you can…

CurrencyFair Review

7 Must Knows In a few minutes, you’ll learn whether CurrencyFair is the right choice for you. They say “transparent fees and cheapest option for international transfers” — but does this really hold up? Fortunately, this isn’t another “CurrencyFair is awesome” kind of review. Apart from digging deep into the service, we go through hundreds…

XE Money Transfer Review

8 Must Knows In a few minutes, you’ll find out whether XE is the right choice for you. It is true, XE is a service that many people know and trust and they say they are, “Recommended by 45,000+ verified customers”. Fortunately, this isn’t another “XE is awesome” kind of review. There are some circumstances…

Best Foreign / Multi Currency Accounts (Uncovered)

While banks make it easy to manage our money (like sending and receiving local payments), things become quite complicated when you’re dealing in foreign currencies. Exorbitant fees linked to these accounts, high minimum balances, and long transfer times can make banks inconvenient for small businesses and international individuals. Recently, some independent financial institutions have recently…

Wise Card Review – 7 Must Knows

Simply using your bank issued card for international purchases is easy. The problem is it is expensive – often extremely expensive with hidden fees that can go unnoticed. Fortunately, now days there are a handful of international prepaid debit cards designed to help significantly reduce costs. Like: The Wise debit Mastercard (formerly TransferWise). The Wise…

8 Best Services to Transfer Money Overseas

Transferring money internationally safely, inexpensively and quickly seems to be easy. Just pick a reputable service with great reviews. Not so fast. After years of writing reviews and transferring our own money around the globe (personally and for business), as we have written about for years it is easy to miss one very important thing:…