How to Make an International Money Transfer
If you need to transfer money internationally, you need to know how to do it safely. There are a few safe methods and more than a dozen ways that are not considered safe. Learn the three safe methods to transfer money. In addition, learn how to use each one to move money to another country without having any worries about where the money will end up or when it will get there.
Other People Are Reading
Instructions
-
-
1
Use Western Union as a safe way to transfer money internationally. This company allows you to transfer money in person, by phone, online and by cell phone.
-
2
Send funds to a person's bank account or to a nearby Western Union facility. Most transfers can be done for next-day payouts. However, some countries may take a day or two longer.
-
-
3
Use a bank to transfer money internationally. If you have a bank account with a national bank or even a credit union, you can have a money transfer done by the bank. Some banks and credit unions do not charge a fee for this service. Bank transfers usually pay out the next business day depending on the receiving bank.
-
4
Use PayPal to send money if you do not want to use a bank account or Western Union. You must open a PayPal account and link it to a bank and a debit or credit card before you can send money. Make sure the receiver has a PayPal account and that the country allows PayPal transfers into the country. Note: Africa, for one, does not allow its citizens to have or use a PayPal account. For those in other countries who can, the money shows up in the person's account right away, but may have a hold pending until it is confirmed.
-
1
Tips & Warnings
Before transferring money internationally, make sure you trust what you are doing as you will have no recourse if you have sent money to a company that is working a scam.
