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How to Send Money to Another Country: The Basics Explained
Did you know that there are more than 1.4 billion international arrivals each year across the world? It is more important than ever that you know how to send money to another country if you’re planning on traveling abroad.
There are a number of ways that you can go about transferring money or sending money abroad when you’re traveling.
Knowing the ways to send money is important especially if you plan on working in a remote capacity while traveling the globe.
The good news is that you’ve come to the perfect article to learn more about how to do a money transfer when abroad.
Keep reading this article to learn all about transferring money while abroad today.
Bank-to-Bank Transfers
A great way to send money when you’re travelling abroad is by going through bank-to-bank transfers.
The vast majority of banks will allow you to do international wire transfers to send money from one country to another.
These wire transfers are both fast and secure so you’ll have peace of mind when sending your money.
Banks also offer slower options that cost less money if you’re not in a hurry when sending money abroad.
If you plan on doing this then you’ll want to memorize your account and routing numbers for both bank accounts.
Cash Transfers
Another great option when you’re looking for a way to do a money transfer while traveling is doing a cash transfer.
To do this you’ll need to take cash to a money transfer service and they’ll handle sending the money to the recipient that is located in a different country.
This is one of the fastest and most convenient ways to send money. Using a money transfer website like https://www.transferly.com/ is a great way to get your money to your relative or friend that lives in a different country.
Digital Wallet Transfers
Another option that is more on the high-tech end of the money transfer spectrum is doing a digital wallet transfer.
This is a great alternative if you don’t want to transfer money between bank accounts.
You’ll need to make sure that the recipient has the same digital wallet app downloaded in order for this to work.
They’ll also need a way to access the money after you transfer it to their digital wallet. This means that they’ll need either a bank account or a debit card in order to get ahold of the money when sending money abroad.
Some popular options for digital wallet transfers are PayPal, Google Pay, and Apple Pay. This is one of the best ways to send money.
Start Learning How to Send Money to Another Country Today
It is never too late to learn how to send money to another country, especially if you’re planning on moving or traveling abroad for extended periods of time.
If you need a rapid and secure mone transfer then you should consider doing a bank-to-bank transfer. If you’re sending someone money that doesn’t have a bank account then consider using a digital wallet transfer through PayPal.
For more helpful articles, check out our other blog posts.
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