![]() ![]() ![]() These two assumptions are fundamentally wrong. If they are familiar with bank-alternative money transfer services, they would falsely assume that it’s not a safe method, or at least not “safe enough” to risk a large sum of money.Since they know they have to make a payment to a bank account abroad, they would instantly think “I have to use an international bank wire”. They aren’t familiar with any bank alternatives, such as the international money transfer services mentioned on this page.The majority of people who need to make an international money transfer, and particularly LARGE international transfers, would simply go through their bank without even pondering about the associated fees of such a transfer, because of two main reasons Is it safe to shop around for money transfers Use the flag indication on the right-hand side of each listing to learn where these services are most application. Our main focus creating this guide has been international money transfers from UK, and money transfers to UK from abroad, as well money transfers from EU, but most of our top 10 money transfer services are happy to onboard customers almost globally and deal with 76 currencies, on average. This is a synonymous term to an FX transfer. For example, if you need to transfer money internationally from UK to buy a house in the EU, and your funds are in Pound Sterling while the recepient needs to receive Euros, that would constitue as a currency transfer. Here is what you need to know before going through with your first-ever international money transfer with a non-bank service: What is a “Currency Transfer” ?Ī currency transfer is an international money transfer that involves a currency exchange. Money Transfer Comparison offers detailed reviews and easy comparison chart of the best-known money transfer companies, business foreign exchange services, and currency brokers to empower its readers to know more about currency transfers, and choose the best-fit service for their needs and requirements □. Moreover, they are actually unaware how much they’re actually paying on international money transfers □. The sad truth is that bank customers in UK, EU, USA, Australia, and across the globe are severely overpaying when it comes to transferring money across borders, when such transfers involve foreign currency exchange. Why do you need an international money transfer comparison? ![]() View our disclaimer on the right hand side of this screen to know more about our affiliate relationships and how we get compensated. They represent our editorial selection as the best way for international money transfer. Note: These top 10 money transfer services represent a small subset of 80+ non-bank providers reviewed by us since 2014. ![]()
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