01
Nov
Every year, billions of dollars are sent through international transfers abroad. This attracts a high transaction cost that is in the range of 6% of the total amount. That means that for every $1000 you send, the bank retains $60. However, you can pay much less if you pick the right money transfer method. Mobile money transfers have made it convenient to send money and more affordable. Send Money Internationally – A Simple Guide Regardless of your chosen service provider, sending money online follows the same process. The provider will offer clear instructions that involve: Creating an Account – Most…