How To, Fees, Limitations and 3 Alternatives PayPal can be used for international money transfers simply by sending money from one user to another. If you want to send money to a bank account or in cash instead, it is possible to use PayPal owned Xoom. In this post we will show how PayPal works…
Wise (was Transferwise) is known for its ability to help international people and businesses. Wise works by solving a big problem many people and businesses face when dealing with multiple currencies. Wise has three parts to their service: In this article, we will explain how each part of Wise works individually and together. If you…
A big question for Wise money transfers and their multi currency account is: Is Wise safe and reliable enough to trust with your money? We will explain all the important issues you should be thinking about like reliability, website security, scam potential, customer reviews (especially the negative ones), the Apps and if Wise is safe…
Zelle is a way to send and receive money from your friends and family in the US for free. However, there’s one major drawback: you can’t send money overseas with Zelle internationally. So what are the best ways to transfer money overseas? The good news is, there are tried and tested ways you send money…
Complete Guide to Saving Money Banks and money transfer companies normally don’t let anyone have the mid-market or interbank rate. This is how they make money. Meanwhile Wise claims to offer the “realest” rate – which is to say the Wise exchange rate is the mid-market or interbank rate. But Wise is not a charity….
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…
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:…
A multi currency account is a great way to manage multiple currencies – get paid and pay others in one spot. If you are serious about reducing fees from currency conversion and saving time – read on. I started using a multi currency account as way to stop messing around with multiple bank accounts and…
Yes, you can say goodbye to massive fees banks, PayPal and companies like Western Union can charge. Also, you can get: There is no single best service for international money transfers. The best choice depends on factors such as the amount you wish to send and whether you prefer cash or online transfers. Disclosure: This…
Cash App is a great 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 have…
