The Best Three Cheapest ways to Send Money Overseas

In this era, technology grows up faster. by the increase in technology nowadays has made some people can do their business easily. country's border does not become the limit for the business people.

Talking about business it will not be away from the payment term. There are some people still wondering about the quickest and safest payment. how they can make a quick and safe payment method? there is some peer to peer payment platforms offering several benefits for their users, but still, there are some platforms do not meet the user's criteria with their Terms & Conditions.

in this article, we are going to discuss the Cheapest ways to Send Money Overseas.

1. Bank Transfer

This is one of the common methods that some people still do until right now. Bank Transfer is one of the good ways to send and receive money either internationally or locally. but, one thing that the sender and recipient should notice, there is the bank's fee that will be charged, and this fee's amount relatively depends on each bank that is used.

2. Western Union

This is one of the Cheapest ways to Send Money Overseas method, where the exchange rate is fairly the same as the mid-market exchange, but this is one of traditional method that people do. the cons by using this method are, the persons who want to send or receive their money must find out one office that makes the corporation with The Western Union, and another thing is, the persons who want to send or receive money, they must completely fill a form that is provided, and the recipient must show their ID as WU's requirement. And then, WU needs several days to deliver money to the recipient, it spends more time for you who wants to do a quick payment.

3. Money Transfer Service

Using this method is one of the best ways for you who want to make quick and safe payment. money transfer service makes easy people create payment on time and reliable. a lot of money transfer service platforms offer some features that can give some benefits to its users.

TransferWise is one of Money Transfer Service platform that offers its users the best features which are useful and reliable. with the same exchange rates as the mid-market exchange, no bank fees required and speed transfer that can take up to one day only, TransferWise has become the most reliable and quickest money transfer service to use.

Not only until there, but Transferwise also offers the virtual bank account, where your sender can transfer money just like they transfer to the bank account without registering as the TransferWise's user.

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