Sending money overseas can cost you a lot. There are many extra hidden charges that most companies don’t tell about. Many money transferring companies are turning their business online to transfer money to your local bank accounts around the world.
With many options available, it is very necessary to know about the right platforms that transfers money overseas with much fees.
Money transfer companies:
With the presence of money transfer companies operating like western union and many more, you can easily transfer money. Do not forget to plan your transfer as sometime money transactions can be scheduled for later. Many organizations are fast enough and transfer your money instantly.
Bank to bank transfer:
Big fishes easily offer wire transfer services in some major 25 countries. Some banks may transfer money directly to recipient’s bank account. This may take up to 5 days. But why to wait so much when you can do it instantly supersonicz money transfer.
There are many options that can transfer money easily at faster speed while implying less costs. Some of the best applications you can look up to are:
1) Skrill:
It is a London-based digital wallet platform that assists users and other businesses with cash transactions, cryptocurrency, gaming, betting, e-commerce and more.
- You can transfer money from your Skrill wallet to any bank account.
- Easily accept money to your wallet without sharing account details.
- Minimum fee is charged for conversion, transferring and processing.
Skrill is a wide-ranging marketplace and website that allows you to transfer money directly from your digital wallet.
Charges imposed by Skrill:
However, there is a € 5.50 (or currency equivalent) transaction charge to transfer money from your Skrill wallet to your bank account. Adding on, Skrill adds a currency conversion exchange rate charge of 3.99 %.
2) Supersonicz:
It is the preferred and the best way to send money from Canada. The methods used by them are innovative and efficient at the same time.
- It allows you to receive money from more than 50 countries.
- You can go for bank transfers or mobile top-ups.
- 90% of bank transfers arrive in less than 10 minutes.
Supersonicz is best for sending and receiving money easily. They accept the top-ranking debit and credit cards.
- You can send money online in just three basic steps.
- Get register
- Add recipient
- Pay online
Security along with fair transaction rates make supersonicz the best high-quality money transfer software that makes the process and operation fast, convenient and easier.
3) Money Gram:
A well-known for its cash transferring services in the money transfer industry. However, the fees may be high if you transfer it via debit or a credit card.
- It is the second largest money provider in the world.
- Diverse transactions fees depend on the factors like how much you are sending, and your payment methods.
Money Gram offers money transfers online and offline and is found to be relatively fast as compared to other service providers. It is ready anywhere from 3 hours to 3-4 days of paid by bank accounts, depending on how the receiver chooses to receive the money. It has a transfer fee that varies depending on whether you pay by credit/debit card or online bank account, and whether it is direct to a deposit or cash pick up account.
Conclusion:
Transferring money can be a hefty task as different nations impose different taxes and follows different set of rules. With the presence of online money transfer apps, it has become very easy convenient. Good customer service that allows you to keep track of your transaction. Such apps help you in case of any issue.
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