Money Transfer Services - Send Money Online
Below you will see a list of firms that offer fast money transfer of smaller amounts of currencies (less than $3,000). Whether you need to send money online to friends and family based in another country, you can find a cheap and fast method of money transfer using one of these money transfer services. Money transfer services offer excellent exchange rates and a range of transfer methods (branch, telephone or online). Money transfer services are really popular. Anyone looking to make a one-off payment overseas or even set up regular transactions should consider using one. You might be looking to send money to friends or family abroad or even pay staff.
You will notice that the variety of online money transfer services on this page is very wide. You can choose from money transfer companies that offer an online account-to-account service so that you can send money online while others can send money from bank-to-bank. Choose whichever transfer method suits you and the person you want to send money to. Before you set up your money transfer account remember to ensure that the money transfer company you intend to use is fully regulated and has adequate anti money-laundering measures in place.
Most companies offer online accounts so you can easily manage your account whenever you need to. Online services are particularly useful if you are doing lots of payments a month by helping you automate payments and there is a high level of online security to keep your money safe. Another great advantage of using a money transfer service is that you are reducing the amount of risk that you face as a result of foreign exchange fluctuations. You will work with specialists who will advise you on the best time to buy and sell. Another benefit is that you will have to option of fixing the exchange rates which means you will be protected if exchange rates move against you.
The right money transfer service will depend on your individual transfer needs. For example, where you want transfer money to, what transfer method you want, how much you are looking to transfer and how long you want the transfer to take will all affect which is the best service for you. You should take the time to compare different services. Use the table to compare the main factors of different money transfer services including fees, payment methods accepted, transfer speed and which currencies are offered. If you need to send larger amounts of currency then it could be better value to use specialist Foreign Exchange brokerages.
Compare Money Transfer
If you are looking for the best foreign exchange rates for an international money transfer we can help.
Looking To Transfer Money Abroad?
People use money transfer services for making one-off or regular transactions outside of Canada. Money transfers are a convenient, easy and safe way of transferring your money to anywhere across the world. Whatever your transfer needs, whether you are buying property or vehicles abroad, emigrating, sending money to friends or family or paying staff, you can benefit from highly competitive exchange rates saving you money on every transfer. Money transfer companies are experts in international transfers. You will have access to currency experts who will provide a tailor-made service that meets your personal needs.
Most companies operate on an online basis and have systems that allow you manage your account, view past transactions and set up new transfers. Online services are particularly useful if you are doing lots of payments a month by helping you automate payments and there is a high level of online security to keep your money safe. If you are looking for a money transfer service simply register online today in a matter of minutes!
Want To Get The Best Exchange Rates?
Many people would go to their bank first when looking for money transfer services. However, you are unlikely to get the most for you money. Money transfer companies deal with the currency market everyday and can offer you some of the best exchange rates as a result, better than if you were to use your bank. Money Transfer companies work with live rates and as such they can get far closer to the interbank rate than the banks, meaning you can make big savings. The interbank rate is the rate banks buy and sell currency to each other. Foreign exchange brokers will offer highly competitive exchange rates which are extremely close to the interbank rate whereas banks will apply a significant margin to the interbank rate.
Banks often attach considerable fees for using money transfer services. If you are making multiple transfers over the year this can become an expensive method of foreign exchange transfer. You are also restricted to banking hours whereas with many money transfer services you can send money 24 hours a day and easily make transfers online or by phone. When you use a money transfer service it can cost you nothing to transfer your money. Unlike banks there are no hidden charges or fees.
What Can Money Transfer Services Can Do For You?
There are a wide range of options and transfer methods for you to choose from. A significant benefit of money transfer is the reduction in currency exposure. For as long as you are making international payments you are subject to foreign exchange fluctuations, however many providers have managers assigned to monitor markets and advise you on the best time to buy and sell.
You have to option of fixing the exchange rates. This can help you budget if you want to make regular payments. Your paymentís will not go up and down with currency fluctuations which means you will know the exact amount that will be taken each time. With many money transfer services you can fix an exchange rate up to 12 months before making a payment to so your money is protected from the fluctuating exchange market.
How To Find The Right Money Transfer Service For You
With so many money transfer services available how do you find the right one for you? The right money transfer service will depend on your specific transfer needs. For example, where you want transfer money to, how much you are looking to transfer and how long you want the transfer to take will all affect which is the best service for you. Please note that some companies only deal in with specific countries and certain currencies. You should also check the minimum and maximum allowable transfer amount before you make your choice.
You should take the time to compare different services which you can do in the able above. The type of transfer can vary greatly between providers so take this into consideration. Different transfer methods usually include online, over the phone, fax, bank to bank, through a branch or with a cheque. You may find that depending on the method you choose you may be offered different rates. For example, online transfer companies usually offer the most competitive rates and can offer instant transfer. When choosing a service the right one will be the one that best suits you and your recipients needs. For example with an online service both parties will need to have internet access so bear this in mind.
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This means there is a convenient way for you and the recipient to exchange money. As useful as these transfers can be, there are thousands of scams on the internet operating using services such as these. As the money wired through by you can be collected by anyone with the correct codes, ID and receipts anywhere in the world, it is easy for someone to lie about their location and intentions.