How To Send Money Abroad?

Published on May 13, 2012 by admin · No Comments

How to transfer money internationally online

There are times when you need to send substantial amount of money abroad. This may be in payment for a business deal, a property purchase or for the education fee of a child studying abroad.

Fortunately, banks today offer multitude of facilities for fund transfer and indeed there are many ways to send money abroad. Along with banks, the post offices in some countries and private services like Money Gram also make it easy to send money abroad.

When you decide to send Money Gram, it may not be the cheapest way to send money overseas as there is a transfer fee involved, but the convenience of transferring money via this service makes it a favourite of many.

The Money Gram service works closely with its ‘chosen agents’ in more than 260,000 locations across 192 countries and territories in world.

You just need to find a Money Gram agent in your city and show a valid proof of identity to him. After this, you fill up a simple ‘send money gram’ form and give this to the agent along with the amount that you want to send overseas. A transfer fee also needs to be paid. You may include a free 10 word message for the intended recipient.

The agent then gives you a reference number that you need to pass to your beneficiary who needs the money. In just about 10 minutes the money can be collected from a Money Gram agent in the other country. Your beneficiary gets the amount in local currency as per existing exchange rates.

If you wonder ‘how can I send money abroad?’, rest assured that there are many ways – you can choose the one that suits you and the intended recipient of your money the best. To stay tuned to latest exchange rates and compare the ways to send money abroad, visit:

https://www.sendmoneyhome.co.uk/

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