Top Ways To Transfer Money Internationally

March 30, 2018

Do you need to transfer money to a friend or a family member in another country but don’t know the different ways for how you can do it?

If so, you’ve definitely come to the right place. Here are the top ways you can transfer money internationally:

Special Banking Service

You can find out if your bank offers money transfer services to your destination country. The larger banks in particular should offer a special remittance service that will enable you to send money internationally without incurring the typically high fees of a wire transfer.

If your bank does have such a remittance service, you will most likely need to provide the name and contact information of your recipient and the remittance network member name where they will be picking up the funds.


One of the simplest ways for transferring money internationally will be through PayPal. All you need to do is make sure that your recipient has a PayPal account (and you as well, of course), and you should be all set to go.

With PayPal, the fees for sending money internationally will still vary by the country. PayPal will show you the amount they charge to send the money, and then you and your recipient can determine how you will want to divvy up the fees.

One thing to be aware of with PayPal is the exchange rates are usually lower in comparison to other options; it’s one way how PayPal earns profit.

Wire Transfer

Sending your money through wire transfer is one of the most expensive options available to you because you will have to pay significantly higher fees.

The trade off to wire transfers, however, is that the limits to the amount of money you can send are much higher than other options in most cases (as in over a hundred thousand dollars in several cases). So if you have an extraordinarily large sum of money you need to send, wire transfer will probably be the way to go.

Debit Card (Prepaid)

There are several companies who offer prepaid debit cards that will allow you to send money internationally. Each card will have its own set of fees depending on the company, but almost all companies will charge some kind of activation fee (likely around the $20 mark).

You also want to watch out for debit card companies who will charge you each time to deposit and withdraw funds from the card.

The two primary ways to send money abroad with a debit card would be to use a card with a large account and with sub-account cards that allow other users to withdraw from it, or a Mastercard or Visa gift card that can be used internationally.

Transferring Money Internationally

Sending money to someone in another country is really not as difficult as you suspect it might be. The methods that we have covered in this article are you most viable options.


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    April 1, 2018

    Thank you for this helpful article Linda. I have just taken on a couple of clients based internationally, and I have been trying to get my head around the difference in transferring payments. Have been advised to try out PayPal, so I’m glad you’ve mentioned this!

    • Linda Macy

      Linda Macy

      April 1, 2018

      No problems Maria. I think it is one of those processes that just seems complicated but when you make a start, it’s actually quite straightforward. Good luck!

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    April 2, 2018

    We have been successfully making PayPal transfers for a year now. Granted there are fees attached, but then I think that you’ll find this with nearly all payment methods if you pay internationally.

    • Linda Macy

      Linda Macy

      April 3, 2018

      You are right Glenn, undoubtedly, it’s just the cost of doing business, but usually they are only a small fraction and shouldn’t really take too much of a chunk out of your total payment. And yes, PayPal seems to be the more preferred method here!


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