facebook
Loading...
Call Us: 416-827-2626
Apply | Agent Directory
Compare International Money Transfers
20180314074619-money_transfer.jpg

What is an international money transfer?

An international money transfer, also known as an international remittance, allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which exchanges the money into your desired currency and then sends the money to your recipient in another country.

Depending on the provider, a transfer can be done in person, over the phone, through a mobile app or online. Again, depending on the provider, you can use cash, a credit or debit card, or transfer funds from your bank account. Then, the funds will either be deposited into your recipient's bank account or mobile wallet, or made available as cash for them to pick up at a location in their country. Delivery of the funds varies from provider to provider.

Latest Posts

There’s a lot of talk about high home prices and affordability. With the upcom...

Read More

If you’re new to Canada and want to buy a home, there’s two pieces of good n...

Read More

For your day-to-day banking needs you’ll want a chequing account. That’s the...

Read More

Buying a home is an expensive, time-consuming process, and before you’re able ...

Read More

Popular Content
Sitemap Updated On May 20, 2019. Copyright 2018. All Rights Reserved. RateShop.ca

x