Read the story here. Advertise at Before It's News here.
Profile image
By BusinessImpacts
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

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

% of readers think this story is Fact. Add your two cents.

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.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.