How to Send Money to Another Country: Options and Simple Steps

Is learning how to send money to another country essential for you? Do you need to use the simplest method for effective international transactions? Nowadays, there are various procedures to make these operations quick and secure.

All money transfer methods have different characteristics, specific procedures, and associated costs.

Some of the most common methods include bank transfers, using online platforms and money transfer apps.

In this guide, we present the main mechanisms available for carrying out international money transfers.

Pay attention because you will get an overview of the general associated costs and a guide to help you learn how to send money to another country without issues.

How to Send Money to Another Country: Available Methods

International money transfers are common today. When making them, as a user, you look for options that are safe, reliable, and effective. The goal is for the money you send to always arrive on time and in full.

To help you understand how to send money to another country more deeply, here’s a list of the most relevant options:

Bank Transfers

If you have an international bank account in dollars, you can carry out this type of financial operation. Remember to request the recipient's banking information, such as the account number and SWIFT/BIC code.

This type of international money transfer is ideal if you need to make frequent transfers of large amounts.

However, sometimes, they are associated with high costs. Additionally, there may be fees for both the sender and the recipient of the transfer.

On the other hand, the arrival time for each transfer ranges from 1 to 5 business days. This delay can negatively affect the transactions you need to make.

Online Platforms

There are various online options through which you can make international money transfers.

The choice you make will depend on the costs you are willing to take on and the waiting times associated with the service.

Generally, the recipient of your transfers will receive the money transferred internationally into their online account. Sometimes, they may choose to collect cash at a local agency or available ATMs depending on the platform.

Here are some of the digital interface options that can help you learn more about how to send money to another country:

• Wise, previously known as “TransferWise”. It often uses a multi-currency system and a true or interbank exchange rate.

Sometimes, transfers take 1 to 2 business days, depending on the characteristics of each specific transfer.

• PayPal: This is one of the most well-known options. You just need to register with your email address and connect your credit cards or bank accounts.

It operates in over 200 countries. The receipt times vary.

• Xoom: This service belongs to PayPal. In addition to facilitating international money transfers, it allows for various bill payments. Transactions may take a few minutes or days depending on each operation.

• Remitly: Users who migrate often use this platform to send money to family members. It typically has high transaction fees.

If you choose this platform, you will have to pay with your debit or credit card. The recipient may take 3 to 5 business days to access the transfer.

• Inter&Co: our interface allows you to send money internationally in a simple and effective way.

You will also be able to make transfers with high security parameters and with competitive rates. To do this, you can download our super app and see for yourself.

How to Send Money to Another Country: Online Apps

One of the fastest, safest, and most effective ways you can use for your international transfers is through apps. They allow you to make your transactions from your mobile device with an internet connection.

This method of sending money abroad is ideal if you are looking for simple procedures and have little time for your monetary operations.

All you need to do is choose an app that suits your needs, know its terms and conditions, and start operating.

Pay attention to user reviews as they can guide you on which is the best option for international money transfers.

Here are some of the most popular alternatives:

• Western Union: allows you to make global international transfers. The fees vary depending on the country. Available on Android and iOS.

• MoneyGram: offers the option of crediting in the app or cash withdrawal at authorized branches. You can access it if you have Android or iOS.

• Skrill: provides a card linked to the app for physical transactions. Sometimes, extra fees apply depending on the transaction. You can download it on Android and iOS.

• OFX: formerly known as “OzForex”, it is ideal for large international money transfers. Offers a service for companies. It is available on Android and iOS.

• Inter&Co: we stand out for our secure and effective international money transfer service.

The application is intuitive and speeds up all transactions.

Download our super app and see for yourself. It’s available for iOS and Android.

Why Inter&Co is a Reliable Solution for International Money Transfers?

Inter&Co is a cost-effective alternative for you to perform international transfers due to the effectiveness and security associated with each operation.

If you want to learn how to send money to another country, consider that our platform is specially designed to provide you with a positive user experience.

Additionally, we offer competitive exchange rates that stand out for their transparency in all financial transaction processes.

Moreover, we provide additional financial services, such as investment opportunities. You can also request loans and mortgage credits along with various options to access financing mechanisms.

Are you looking for an interface that simplifies your international transfers? Download our super app and start making your money transfers to other countries without hassle right now.