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Getting your money to where you need it

Fastest way to send money abroad: A guide

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Image by smeghanschiereck / CC0

As international business and travel become more relevant in today’s economy, it isn’t any wonder that we need to send and receive payments as quickly as circumstances allow. But not all money transfer services are the same, and it can be difficult to understand the differences between one service and the next.

So what are the fastest money transfer services out there? Well, it really depends on what you have to accomplish. Most services will focus on helping a particular type of customer, so it is useful to think ahead about what you’d like to do, and if you are willing to sacrifice cost for speed (to a certain extent).

Below, I’ll outline some of the services that I think are fastest for a particular use. Then, to conclude, I will list all the money transfer services that we have reviewed and include the speed for each (measured in days); so you can compare the differences in your own time.

Fastest for cash pickup (Immediate delivery)

Our pick: Western Union (review). If you want to get money somewhere quickly to all corners of the globe, it’s hard to go past Western Union. Payments can be initiated online with a credit card and be picked up by another party at one over 500,000 locations worldwide – almost in an instant. It is not a particularly cheap service and payments are limited to a maximum of £4,000. However, it is fast, there is no doubt about that.

Honourable mention: MoneyGram (review).

If you’d like to read more about this type of transaction, we have written a dedicated article on cash pickup.

Fastest for everyday consumers (Within 3 days)

Our pick: TransferWise (review). The market leader in peer to peer payments, TransferWise is an innovative service led by an energetic founding duo, including one of the first employees of Skype. The service facilitates transactions at the mid-market rate, and they charge a low transparent fee. It has received a lot of praise from its customers and is supported financially by many well-known investors.

Honourable mention: TransferGo (review).

Fastest for expats (Within 4 days)

Our pick: CurrencyFair (review). Headquartered in Ireland, CurrencyFair is an expat-centric payment platform focusing on major currency corridors. They employ a technology-focused workforce who are attempting to make the payment process as efficient as possible. Its cost structure is in line with the other peer to peer market leaders, and they are constantly building additional functionality for the benefit of their users.

Honourable mention: TransferWise (review).

Fastest all-rounder (Within 4 days)

Our pick: XE Money Transfer (review). A service with a lot of experience in foreign exchange. XE Money Transfer provides its customers with a personalised experience and can facilitate transfers of almost any amount. They make payments into over 220 countries around the world and funds are transferred at competitive rates. Their online platform is robust, and advanced tools can be accessed by speaking with their dealer desk.

Honourable mention: OFX (review).

Fastest for low-cost transfers (Within 3 days)

Our pick: OrbitRemit (review). OrbitRemit is a relatively small money transfer service located in New Zealand. It only offers its services to residents of a select number of countries, however, in our assessment, it is the lowest cost provider in the market. If you can access their service and they make payments to your required destination, it’s an excellent choice for the budget-conscious.

Honourable mention: CurrencyFair (review).

Fastest for small values (Within 3 days)

Our pick: WorldRemit (review). A fast and flexible service, transferring to over 140 countries around the world. Established by a former consultant to the United Nations, the service is suitable for payments of up to £35,000. The company’s online platform is simple, easy to use, and allows delivery of funds by a variety of methods. Its fee structures are much more competitive than traditional remittance services.

Honourable mention: Azimo (review).

Fastest for business (Within 5 days)

Our pick: OFX (review). As a publicly listed company, OFX is one of the market-leading money transfer services in the world. They aim to provide truly global business money transfer solutions. While not the cheapest service available, the breadth of services offered by OFX is second to none. A thorough solution for small and medium businesses conducting trade internationally.

Honourable mention: WorldFirst (review).

If you are making payments in a commercial context, we have written a dedicated article on business money transfer that may interest you.

Fastest for large values (Within 4 days)

Our pick: WorldFirst (review). A reliable service to transfer large amounts abroad. Competitive rates, advance foreign exchange tools, and a broad selection of international offices, allow the company to provide a consistent experience to its customers. WorldFirst offers a high-quality online platform which facilitates transfers, as well as provides access to market research and commentary.

Honourable mention: Currencies Direct (review).

Fastest way to send money: A complete list of services

If you haven’t already found the fastest way to send money for your needs, you can use this list to filter through the options available, as reviewed by us.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

Conclusion

Depending what you’re trying to do, there are a number of services out there that can help you do it. In this post, I’ve listed a range of services I consider to be the fastest money transfer services for a particular use. If you still haven’t had any luck finding the right service for your needs, perhaps it’s worth taking a look at our post on how to compare money transfer services.

How to send money to Malta: A guide

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Image by smitu / CC0

There are many reasons why you might like to send money to Malta. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Malta each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Malta. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Malta; and with a bit of luck, we’ll save you some money along the way.

About the currency of Malta

First, a quick word on Malta. The country is an island located in the Mediterranean Sea, to the south of Italy. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Malta without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Malta when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Malta. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Malta: A list of services

Here is a comprehensive list of services that can help you transfer money to Malta. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Malta. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Luxembourg: A guide

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Image by diogopalhais / CC0

There are many reasons why you might like to send money to Luxembourg. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Luxembourg each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Luxembourg. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Luxembourg; and with a bit of luck, we’ll save you some money along the way.

About the currency of Luxembourg

First, a quick word on Luxembourg. The country is located in Western Europe and is surrounded by European neighbours such as Germany, France, and Belgium. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Luxembourg without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Luxembourg when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Luxembourg. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Luxembourg: A list of services

Here is a comprehensive list of services that can help you transfer money to Luxembourg. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Luxembourg. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Italy: A guide

Last updated by

Image by simonrae / CC0

There are many reasons why you might like to send money to Italy. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Italy each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Italy. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Italy; and with a bit of luck, we’ll save you some money along the way.

About the currency of Italy

First, a quick word on Italy. The country is located in Western Europe and is surrounded by European neighbours such as France, Switzerland, Austria, Slovenia, and the enclaved microstates of Vatican City and San Marino. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Italy without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Italy when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Italy. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Italy: A list of services

Here is a comprehensive list of services that can help you transfer money to Italy. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Italy. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Ireland: A guide

Last updated by

Image by kmitchhodge / CC0

There are many reasons why you might like to send money to Ireland. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Ireland each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Ireland. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Ireland; and with a bit of luck, we’ll save you some money along the way.

About the currency of Ireland

First, a quick word on Ireland. The country is an island located in the North Atlantic and neighbours with the United Kingdom to its east. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Ireland without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Ireland when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Ireland. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Ireland: A list of services

Here is a comprehensive list of services that can help you transfer money to Ireland. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Ireland. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Lithuania: A guide

Last updated by

Image by ricbro / CC0

There are many reasons why you might like to send money to Lithuania. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Lithuania each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Lithuania. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Lithuania; and with a bit of luck, we’ll save you some money along the way.

About the currency of Lithuania

First, a quick word on Lithuania. The country is located on the southeastern shore of the Baltic Sea, bordered by Latvia, Belarus, and Poland. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Lithuania without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Lithuania when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Lithuania. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Lithuania: A list of services

Here is a comprehensive list of services that can help you transfer money to Lithuania. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Lithuania. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Greece: A guide

Last updated by

Image by jeisblack / CC0

There are many reasons why you might like to send money to Greece. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Greece each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Greece. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Greece; and with a bit of luck, we’ll save you some money along the way.

About the currency of Greece

First, a quick word on Greece. The country is located on the southern tip of the Balkan Peninsula, neighbouring Albania, Macedonia. Bulgaria, and Turkey. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Greece without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Greece when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Greece. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Greece: A list of services

Here is a comprehensive list of services that can help you transfer money to Greece. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Greece. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Germany: A guide

Last updated by

Image by daniel_von_appen / CC0

There are many reasons why you might like to send money to Germany. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Germany each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Germany. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Germany; and with a bit of luck, we’ll save you some money along the way.

About the currency of Germany

First, a quick word on Germany. The country is located in Western Europe and is surrounded by European neighbours such as Austria, Switzerland, France, and the Netherlands, to name a few. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Germany without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Germany when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Germany. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Germany: A list of services

Here is a comprehensive list of services that can help you transfer money to Germany. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Germany. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to France: A guide

Last updated by

Image by nilcaste / CC0

There are many reasons why you might like to send money to France. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to France each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to France. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to France; and with a bit of luck, we’ll save you some money along the way.

About the currency of France

First, a quick word on France. The country is located in Western Europe and is surrounded by European neighbours such as Germany, Italy, Spain, and Switzerland, to name a few. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to France without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to France when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to France. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to France: A list of services

Here is a comprehensive list of services that can help you transfer money to France. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to France. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.

How to send money to Finland: A guide

Last updated by

Image by grury / CC0

There are many reasons why you might like to send money to Finland. Perhaps you are running a business, investing in property, or paying for university tuition. Or maybe, you are one of the thousands of expats who immigrate to Finland each and every year.

Whatever the reason, you have probably realised that it is more complicated than you first thought to transfer money to Finland. And if you are using your bank, it’s very likely that you’re paying more than you should for the privilege. I ran into the same challenge a couple of years ago, so in response, prepared this guide to help you navigate the international payments landscape.

Read on, and I’ll show you the best way to send money to Finland; and with a bit of luck, we’ll save you some money along the way.

About the currency of Finland

First, a quick word on Finland. The country is located in Northern Europe, neighbouring Sweden, Russia, Estonia and Norway. The official currency is the Euro. The currency code for the Euro is EUR, and the currency symbol is €. The most frequently exchanged pairing is with the US Dollar, and the currency itself is issued by The European Central Bank.

How the foreign exchange market works

What is the best way to transfer money to Finland without being stung with a range of hidden fees and charges? It is a very good question that will take a few minutes to answer. But understanding the basics before getting started will save you a lot of time and money in the long run.

Let’s begin with how the foreign exchange market works. Banks and other money transfer services will buy foreign currency at a price very close to the mid-market exchange rate. They will then sell this currency to you, the customer, for a higher rate than they bought it for, taking a margin in between – known as “the spread”.

The spread is essentially a hidden cost that is not disclosed to you during the transaction. Then, in addition to the spread, some services will charge a transaction fee on top – which is typically the fee that they quote to you. In any case, the total cost of the transfer for you, the customer, is the combination of the two; the spread + transaction fee.

Why you should use a money transfer service

Now that you understand how the market works, what should you do? Well, unfortunately, it is reasonable to assume that the institution that you are most likely to trust with your money – your bank – won’t be looking out for you on this one. A typical bank will charge up to 5% of the overall transfer value in spread and transaction fee to complete a transfer on your behalf. Not great.

Instead, we can look to a range of dedicated money transfer services that aim to close the gap on these costs, help you transfer money safely, and ultimately provide you with a better experience overall. While it is important to acknowledge a money transfer service will never achieve the mid-market rate exactly, they will provide the cheapest way to send money to Finland when all is said and done.

So what is a reasonable cost for using a money transfer service? In my experience, if you can achieve a total cost of less than 1% of the overall transaction value then you are on the right track. However, it really depends on what your needs are and if you are willing to pay a little bit extra for additional features, advice, or research.

How do money transfer services differ?

Each service will vary slightly from the next and will offer a range of features tailored towards the needs of their clientele. At the very least, most provide an online platform that allows its users to initiate payments at any time of day (or night) and keep track of these funds as they are delivered to the intended recipient.

Some services have been developed for transferring small amounts, while others are better suited to large transactions. Some can arrange payments quickly at a higher cost, while others may do it cheaper but take a few days longer. Some are designed with the everyday consumer in mind, while others are focused on business money transfer.

Below, I will provide an overview of the services that can help you transfer money to Finland. We will also cover some of the factors you should consider when selecting a service for your own needs. And finally, I will give you a quick heads up of what to expect when signing up with your service of choice.

Send money to Finland: A list of services

Here is a comprehensive list of services that can help you transfer money to Finland. Beside the name of each service, I have also included the total number of currencies they transact, their speed of transfer, their average cost, and their score as received in our review. If you would like to learn more about a specific service, I encourage you to read our review in its entirety.

wdt_ID Service Countries Speed Ave. cost Our score Review
1 CurrencyFair 157 2-4 days 0.45 % 5 stars Read review
2 XE Money Transfer 220 2-4 days 0.54 % 4 stars Read review
3 WorldFirst 243 2-4 days 1.11 % 4 stars Read review
4 OFX 226 3-5 days 1.20 % 4 stars Read review
6 OrbitRemit 43 1-3 days 0.43 % 4 stars Read review
7 Ria Money Transfer 158 1-3 days 3.06 % 2 stars Read review
9 WorldRemit 132 1-3 days 1.35 % 4 stars Read review
10 TransferGo 56 1-3 days 0.84 % 3 stars Read review
11 TorFX 176 2-4 days 2.12 % 3 stars Read review
12 Currencies Direct 188 2-4 days 1.79 % 3 stars Read review

How to compare money transfer services

Now that you know about the various services and the types of features they offer, what should you be paying special attention to when weighing up your options? Here are some of my suggestions.

Does the service offer a competitive rate? Money transfer services earn their revenue by charging a fee on each transaction, a percentage of the value exchanged, or a combination of both. When comparing services, take a look at the total cost involved, and consider which one will provide you with the best value. If you would like to view the current mid-market rate for your preferred EUR currency pairing, you can use this helpful tool at xe.com.

Does the service offer the features you require? Not all companies offer the same features. Make sure that any service offers what you need before committing to the sign-up process. Think about the types of features that will make your life easier, such as:

Is the transfer speed acceptable? The time required for each service to complete your transfer will vary, and most provide an indication of this on their website. If you need a fast exchange, you may need for forego a better rate, while being prepared to wait a few days can result in a better exchange rate.

Is the service reputable? Research a company’s reputation ahead of time can save you a lot of hassle in the long run. Take a look at a review aggregator website such as Trustpilot, to see what previous customers have said about their experience.

Does the service have a secure website? Any company you choose to business with on the internet should have a secure website. To check that a company is complying with secure communication standards, check that their website URL begins with https://.

Is the service properly regulated? Any reputable currency service should be registered with the relevant financial regulators in the countries from which it operates. For example, TransferWise (review) is regulated in the UK by the Financial Conduct Authority (FCA), and in Australia by the Australian Securities and Investments Commission (ASIC).

Is customer support easily accessible? Just in case you get stuck when using the online platforms of money transfer services, it is nice to know that help is easily available. Make sure that you can locate the telephone number for customer service to ensure that you have access to support if it’s needed.

If you’d like to know more about what to look for, read our guide on how to compare money transfer services.

How to get started with your service of choice

While each money transfer service offers a distinct range of features, most have a common onboarding process. Here is a summary of what to expect.

Step 1 – Sign up. Visit your service of choice and register for an account. Depending on the service, this process can take between 30 seconds and 10 minutes. You will need to provide some general information about yourself including your name, email, phone number, and address.

Step 2 – Verify your identity. Because money transfer services are subject to financial regulation, you will need to formally verify your identity. Typically this will require providing two types of documents:

  1. Photo identification, such as a passport or drivers licence
  2. Proof of address, such as a bank or utility statement

Step 3 – Commence your first transaction. Once you are registered and verified, you can log in to your account and set up your first transfer. You will need to specify the name and bank details of the recipient, what country they reside in, and the value of funds to be sent. You will then decide on how you would like to facilitate the transaction; either by bank transfer, debit or credit card.

Step 4 – Deposit money into the service’s local bank account. If you opted to facilitate the transaction by bank transfer, you will need to deposit your funds into a local bank account. Once the funds are received by the service, they will then carry out the required process to deliver these funds to your recipient. If you made payment by debit or credit card you will skip this step and move straight to Step 5.

Step 5 – Funds are delivered to your recipient. Once your funds have been received by the service, it will usually take a few days for the transfer process to be completed. The length of time will depend on the service’s particular payment network; some own their own while others use an established network such as SWIFT. Most services will keep you updated along the way, so you have a reasonable idea of when delivery is expected.

Conclusion

It doesn’t need to cost you arm and a leg to send money to Finland. Dedicated money transfer services can save you a lot of time and effort – but they come in different shapes and sizes, and serve a variety of purposes. With some careful research and a little bit of patience, I’m sure that you will have no trouble finding one that is right for you. However, if you are still stuck for ideas, take a look at our guide on how to send money online.

If you have any questions or queries, let me know in the comments below.