MONEY TRANSFER INFORMATION

Below you will find information on Money Transfer.

        

Money Transfer

Find information on how to make low-cost small international transfers below.

What is a Money Transfer Service?

On Which Way To Pay Canada, you can find a range of companies that offer money transfer services. They can send money to pretty much any location in the world, with a range of transfer methods.

If you need to make a one-off or regular small transfer to anywhere in the world (below around $3,000 per transfer) then a money transfer service can offer a cheap, secure and quick method of doing this.

What Transfer Methods are There?

Depending on the service you use, you will be able to choose from a range of transfer methods. This could be:

  • Bank-to-bank transfer
  • Email transfer
  • Online account transfer
  • Branch transfer

You should choose the method which not only suits you but also your intended recipient. For instance, if they cannot access the internet then it is unwise to choose an online transfer method!

How Do I Pay for the Transfer?

Your payment method depends on the type of transfer you use. Most companies accept credit cards and some can accept bank transfer. If you are visiting a branch then you might be able to pay in cash.

As there are so many transfer methods available, it is a good idea to take your time and compare the options. Look at the exchange rates offered as these can be very competitive but do vary between companies.

Note that for larger transfers it could be much more cheap and fast to use a specialist foreign exchange brokerage.

        


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