Top Online Companies for International Money Transfers

Transferring money with friends or relatives is simple when they live near you. However, if  they are traveling or live several hours away you might have to transfer money to...

Transferring money with friends or relatives is simple when they live near you. However, if  they are traveling or live several hours away you might have to transfer money to their accounts. This can be more difficult. Every business handles transfers differently and it can be tough to pick which one to use. To help you limit your choices here are the  best places that you can use to transfer funds quickly.

Western Union

Western Union has been a reliable way to send money across the USA and globally for decades. To transfer money, you can use Western Union and send the money to another branch for pickup –also, you can transfer money on the internet or through your phone easily. The service is very reliable. You can use Western Union’s estimator to ascertain the cost to send money to your destination.

PayPal

PayPal has been used by independent artists for quite some time to process payments for their job, but you can also easily transfer money to family and friends using this business. The fees are 2.9% and $0.30 per transaction, but you can skip this fee by sending money domestically from one bank account to another or through your PayPal balance. You will get a complete list of fees on PayPal’s website. While it usually requires a couple of days for you to transfer money, you must choose to pay extra to have your transfer immediately received and sent.

Xoom

Xoom is ideal if you like to send money internationally because it sends money to 53 nations. It has over 14 years of experience transferring funds throughout the world and sends billions of dollars every year. The fees are determined by the nation you wish to send money to and the amount you wish to send; you can discover a commission and exchange rate calculator on Xoom.

Walmart

If you are sending money within america, Walmart is a fantastic option because money transfers are amazingly simple and cheap–the kind you get from customer support will take you less than 10 minutes to complete. With Walmart, you can send money to some other branch in America. The store also lets you buy MoneyGrams to send money to over 190 nations. The fees vary based on how much you are sending, but you can send around $900 for $9.60 or less.

MoneyGram

MoneyGram is a company which has over 40,000 locations in the USA alone–additionally, it is expanding to include nations such as Brazil, France, Mexico, and much more. Even if you don’t live near a MoneyGram place, you can use the site to transfer funds electronically. You don’t even have to create an account to send money on the internet, which sets it apart from sites like PayPal. The fees are based on how much money you are sending and the country you are sending it to, but the website has a helpful estimation tool you can use to determine costs.

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