3 Ways to Transfer Money Internationally

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Something To Consider!

Before I start talking about sending money abroad to friends or family.   The first thing I must at least point out and I have had this philosophy when I started dating in an LDR. Never send money to anyone until you have physically met them.   There are plenty of dating romance scams out there and until you’ve met them then you just don’t know if it’s a guy acting like a girl or someone who just wants you to be their ATM.   Either way, you’ll know quite well after you’ve met them how they will treat your gifts of money.   Either way, I always suggest that you be careful who you send your money to and trust fully until you know for sure.

Why send Money in an LDR?

There are plenty of reasons why you might be sending money to your Girlfriend/Boyfriend.   Each reasons can be a simple as wanting to help them out with expenses, especially if you are traveling internationally.   The plane ticket alone can be expensive to some.   So couples sometimes want to help the other person by help paying for the ticket or help when something comes up.   It could easily be that they want to save money for that wedding or save money together for a goal.   Long Distance Relationships have obstacles to over come and each one of them can be a challenge for just one person.  I reiterate, be careful who you send money to!

PayPal

The first way I can come up with is PayPal.   I’ve used PayPal in the past and they’ve done a good job at sending money to other countries and changing currencies.   I personally don’t like how much they charge to exchange the money to another currency but it has never failed with me.   I know it’s widely used world wide and can be very beneficial for most people.   I just don’t like the fees that are associated when you send money abroad.

TransferWise

TransferwiseI’ve started to use this because of some really good features.  You can have direct deposits into this account and the fees are really small compared to Paypal.   You can get a card for free to use abroad.   It acts almost like an actual bank card.  I recently got mine and I definitely will be trying this out when I go see my girlfriend in the future.  You also can send money directly to someones bank account if you have that information available.   The rates at which they charge you to exchange money is far smaller than anywhere I’ve seen and can save you money in the long run.  It’s works just as fast as anything else I’ve used.

Xoom

Xoom a PayPal ServiceXoom is part of Paypal but they tend to be far cheaper than PayPal and has some great services such as sending money the same day.  You can send money through direct deposit, have them pick it up or deliver the cash to them.  Xoom has some good features but they also have higher exchange rates and other fees that you will have to pay.   It is a good service and can be good for those who might need some way to send money.    I personally wouldn’t recommend this one.   I’d still go with Transferwise but they can be used for a lot of scenarios.

More +

There are several services that can transfer and exchange currency to send to friends and family.   I’ve only listed the ones that I’ve tried and thus it’s a short list of ways to do just that.   I am sure there are others and I encourage you to comment and tell people your experiences with these and other services that you’ve used to transfer money to your girlfriend/boyfriend .   Why not tell people about this post and tell them how they can transfer money internationally.