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…
How to Make International PayPal Transfers and Avoid Fees (Plus 7 Tips) PayPal can be an easy and fast way to send money overseas through a trusted, and well-known service. But there are disadvantages you need to know about. For example, you can only send money to another PayPal account internationally. After that, the recipient…
3 Big Differences (and Best Alternatives) If you’re in the US, moving money between bank accounts usually comes down to ACH or wire transfers. But what exactly is the difference between these 2 methods? In this article, we’ll be uncovering the 3 big differences in terms of speed, cost, and safety. But here’s a question:…
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…
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:…
Cash App is a great P2P payment app if you’re based in the US or the UK and want to send and receive payments to anyone. It’s even got some cool extra features (Like buying Bitcoin and investing in stocks). But here’s the deal… Cash App has some key limitations. For example, it does not…
Fastest, Cheapest and Most Worry Free! So you need to transfer some money overseas? The problem: Finding an app with 4 or 5 stars can be misleading! You might have a great experience the first few times, and even leave your own 5 star review in the app store. Then your account gets frozen (or…
including 10 fastest services Looking to get money overseas ASAP or just want to know how long it really takes to transfer funds? You have come to the right place. You see, knowing how fast it will take for your money to arrive can be a big challenge. The reason is some services proclaim “instantaneous”…
6 Must Knows – Before You Sign Up (for UK, USA, Australia, Canada, and Europe) While banks make it easy to manage our finances, including sending and receiving local payments, things are quite different if you have to pay or get paid in foreign currencies. Exorbitant fees linked to these accounts, minimum balances, and long…
