Send Money to Guam (USA)

Foreign Currency Direct Plc
Margin Rate: 0.9%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
TorFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
OFX
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
RationalFX
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Xendpay
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Guam (USA)

Send Money Transfer to Guam (USA)

Guam uses the US dollar as its currency and banking in Guam is regulated by the US authorities. There are no restrictions on dollar transfers to the territory. Banking is done via a mix of local, American and Australian banks predominantly and making a wire transfer to a bank one of the easiest options for transferring funds.

If you want to send cash without using your bank account or if you do not have one yet, you can opt for a worldwide money transfer service via a Money Sending Bureau. These establishments are found in major cities around the worldcan be found on Guam but wire transfer by other internet based providers is more prevalent. With these options however you will need to pay a significant commission on the transfer and it is worth looking around as fees can vary between just a few percent as high as 15% of the sum being sent. These institutions also often comparatively poor exchange rates so again the total costs need to be considered.

The procedure is however relatively simple: You take the money you would like to transfer to an office in cash. You have to fill in a form, pay the service fee, and show a valid ID. Alternatively, you can process your money transfer online. Once this procedure is done, the recipient can pick up the money at another office simply by showing his or her own ID. With the transaction number you receive, you can track the status of your transfer online.

Bank Note System
Banknotes: 1, 2, 5, 10, 20, 50, 100 Dollars. Old 500 and 1000 dollar notes are still valid but have a collector's premium. Beware of "Confederate" notes which have high face values, but are not legal tender. They are of interest to collectors only.

© 2017 : All Rights Reserved
Send Money Home 83 Ducie Street, Manchester M1 2JQ. +44 (0) 844 357 4755 - Email Us