It is possible to send money abroad without paying hefty fees. All you have to do is dig deeper and find reliable service providers that allow you to transfer money at zero hidden charges.
As the world becomes increasingly global, international money transfer is becoming an essential part of our lives.
These services allow one to move abroad, do business with a foreign company, or send money to family.
Tamsey charges low fees from 1.23 GBP and so on for sending money from the UK to other countries.
We want to show you the following ways that can help you save some money on your international transactions: Check all charges (counting hidden ones) Start by breaking down the total cost of an international money transfer fee.
Be sure to find out any other fees involved in the transaction.
Depending on the service, you may pay additional fees to finance your transfer with a credit card compared to using a bank transfer or debit card.
A much faster, cheaper and safe way to send money.From Canada to Nigeria.From Nigeria to Canada.Myfx is 10X cheaper and 3X faster than your local bank.
Remittance Trends in Canada Recently new government data showed that about 4 in 10 Canadians wire money back home to family and/or friends.
Of the immigrants who entered Canada during 2000-2001, 41 percent say they have sent money at least once in their first your years, according to Canadian statistics.
For countries such as Lesotho, Haiti, and Jordan remittances comprise almost one-third of the gross domestic product.
Other countries include Jamaica, the Philippines, and the Dominican Republic, according to the World Bank Figures.
Global remittances worldwide, has soared to $369 billion last year - double the amount being spent on foreign aid to developing countries.
