Getting your money to where you need it
A currency forward contract is a very useful tool for transferring money internationally. Exchange rates can be volatile and change with the ebbs and flows of the market. If you are buying or selling assets in a foreign currency, such as a real … [Read more]
What is the mid-market exchange rate and why does it matter? The fact that you've arrived here suggests to me that it's important that you know. If you are making cross-border payments, the mid-market rate is an essential reference point to ensure … [Read more]
With advances in technology, geographic location is no longer a barrier to trade. And while access to international markets brings great opportunity, it also presents a number of challenges. Business money transfer is one of the areas that you will … [Read more]
Let me guess. You’d like to send money online quickly and cheaply, but you don’t know where to start? Don’t worry, we’ve all been there. In the beginning, there is a lot to take in. New words and concepts, modern technology, and no shortage of money … [Read more]
Currencies: 23 Transfer speed: 1 - 3 days Trustpilot score: 5 stars Our score: 2 stars Website: remitly.com Remitly provides a simple and convenient platform for low-value transfers, but suffers from poor customer … [Read more]
Currencies: 130 Transfer speed: 1 - 3 days Trustpilot score: 4 stars Our score: 2 stars Website: westernunion.com Western Union is by far the largest money transfer company in the world. But it is very expensive and … [Read more]
If you’ve never had to compare money transfer services before, you’re in for a surprise. There are literally dozens of companies out there competing for your business. From simple, one-off transfers to sophisticated corporate advisory, there is a … [Read more]
Currencies: 60 Transfer speed: 1 - 3 days Trustpilot score: 1 star Our score: 2 stars Website: moneygram.com MoneyGram is provides a quick and flexible network for money transfer, but is expensive and has low value … [Read more]
Currencies: 48 Transfer speed: 2 - 4 days Trustpilot score: 4 stars Our score: 4 stars Website: xendpay.com Xendpay is a cheap online platform for international money transfers, despite being a little … [Read more]
If you are slightly nervous before using a money transfer service for the first time, I can hardly blame you. It takes a lot of saving and investing to build up a nest egg. And to hand it all over to a third party for a short period of … [Read more]