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How to Send Money Abroad Online: 5 Best Methods That Make International Money Transfer Easy

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Not long ago, the only way to send money internationally was to go to your local bank, fill out a bunch of paperwork, and pray that the funds would arrive at their destination eventually. Thankfully, those days are behind us, and there are now several quick, easy, and efficient ways to send money abroad.

According to the World Bank, people in the US send $74.6 billion yearly to low- and middle-income countries. Their data also revealed that international money transfers cost 6% on average. If you send $1,000 to a family overseas, expect to pay around $60 in fees.

Money transfer services differ; some are quicker and cheaper, while others are more expensive. To help you find the best options, here are five of the best methods for transferring money internationally.

Boss Revolution: Online Money Transfer Service

Boss Revolution provides a convenient and affordable way to transfer money online. You can send money anytime, anywhere, for low fees and great exchange rates. Your beneficiary can receive the funds within minutes through cash pickup, mobile wallet, bank deposit, or home delivery.

You don’t need a credit card, debit card, or bank account to send the money. If you prefer to send cash, visit one of Boss Revolution’s stores nationwide and pay for your transfer.

Boss Revolution’s money transfer services offer a “First Free Money Transfer” promotion where they don’t charge fees for the first $300 you transfer. They also have a BOSS Money App, where you can conveniently manage international transfers.

Send Money Internationally With Zelle

Zelle is a peer-to-peer money transfer service that requires a bank account. If you want to transfer money from one bank to another abroad, Zelle is your best choice, as long as your bank and the recipient’s bank are part of the Zelle Network.

There are no fees to send or receive money, but your bank may charge additional fees. If your bank is not part of the Zelle Network, you can use Zelle’s mobile app to send money, but the recipient can only receive it in a bank part of the Zelle Network.

Xoom: PayPal Sends Money Internationally

Xoom is a PayPal company that offers international money transfers using your PayPal account to facilitate the transaction. Xoom doesn’t charge fees for a direct bank transfer, but it charges hefty fees if you transfer funds using a credit or debit card.

When you use PayPal to send money internationally, the funds are received immediately in the recipient’s PayPal balance.

Send Money Online With Wise

Wise, formerly TransferWise, doesn’t charge currency markups, so you’d get competitive exchange rates. There’s a small fee to use the service, but it’s still one of the lowest in the market.

Bank transfers may take several days, but debit or credit card transfers happen automatically.

How to Send Money Internationally With Western Union

Western Union is one of the oldest money transfer services available in over 200 countries. However, when you send money internationally with Western Union, expect to pay currency rate markups and fund transfer fees depending on the amount you send.

A same-day transfer is possible if you send it to a cash pickup location but expect to pay more. You can save on fees when you send money through Western Union internationally if you use a bank transfer.

However, the transfer can take several days.

Choose the Best Way to Send Money Internationally

Today, there are secure, fast, and cheap ways to send money internationally online. Check out one of the money transfer services above and enjoy stress-free, affordable, and safe fund transfers. No matter which method you choose, you can rest assured that your funds will arrive at their destination quickly and without hassle.



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