Paypal is commonly associated with shopping and paying for goods and services online. However, it also offers international money transfer services and is one of the most reputable online money transfer service providers, with very secure and efficient technology. If both the sender and the recipient have accounts with PayPal, it is possible to Transfer Funds Abroad To between two international accounts instantly. A certain fee is normally charged to send money and may vary for cross-border transactions, which are usually charged to the recipient. International money transfers are usually charged a minimum of 4%, which could be quite expensive for large money transfers.
Many financial institutions have extended their services online while others have specialised in money transfer services. Some of these institutions and services include:
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