Making a Remittance Payment

Currency Fair

Currency Fair

0.35%
£10
£3
Instant
Yes

Currency Fair are a good company to use for Making a Remittance Payment. There standard margin rate is 0.35% which could change based on the amount

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Western Union Money Transfer

Western Union Money Transfer

3% to 5%
£10
Varies depending on amount
Instant
Fsa authorised and regulated

Send money using Western Union Money Transfer online today and the money will be there in around Instant

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Xendpay Money Transfer Review

Xendpay Money Transfer

3% to 5%
£10
£4.00 fixed fee
Instantly
FSA authorised under RationalFX

Send money using Xendpay Money Transfer Review online today and the money will be there in around Instantly

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Free Quick Quote

Fairpay Money Transfer Review

Fairpay Money Transfer

3%
£100
Free
Sameday to 3 days
Fca authorised and regulated

Fairpay Money Transfer Review are a good company to use for Making a Remittance Payment. There standard margin rate is 3% which could change based on the amount

Open an Account

Free Quick Quote

Transferwise Review

Transferwise

0.5%
10
£1
1 - 3 days
Transferwise is a registered money service business

Transferwise Review is a Making a Remittance Payment with transaction fees of £1

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What is a remittance Payment?

In most cases a remittance or the word “remittance” when they refer to sending money from country to another. Remittance currency transfers also include electronic money transfers also known as currency payment platforms which allow you to control the whole process from one place including the ability to make multiple remittance payments.  Consumers using online payment platforms can now take total control of remittance transfer payments and when the money is to arrive to the recipients abroad, including friends, family members, or even for business use.

Remittance payments are also referred to as remittance transfers” “instant transfers” “instant payments”  “international wires,” “international money transfers,” or “remittances.”

If you send money abroad. consider the following first before sending any money overseas no matter which money transmitters or payment provider you use including banks and credit unions and foreign exchange companies.  All companies that provide a “remittance payment service.” must  provide consumers general information before they can offer remittance transfers.

  • The exchange rate.
  • Fees and commission charges and taxes they will charge.
  • Any additional fees that will be charged by the company’s agents abroad or bank involved in the transfer process.
  • The amount of money expected to be delivered,
  • Total charges including foreign taxes or fees charged to the recipient.
  • Conformation of transfer and statement showing complete breakdown including rate of exchange and all fees charged from the remittance currency payment.

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