Global-Money-Transfer

About Us
Global-money-transfer.com is an online info center that provides comprehensive tips and advice to people who are interested in sending or receiving money abroad. Launched in 2006, Global-money-transfer.com has already helped hundreds of individuals to make an informed decision on online money transfers using the site's unique content and outbound resource links. Today, Global-money-transfer.com is a growing web destination with over 1,000 visitors per day who have unleashed their consumer knowledge to facilitate the exchange and distribution of funds around the globe.

Welcome to global-money-transfer
Do you want to send cash or part of your income to your family and friends back home? Transferring money abroad can be done in a number of ways and there are services like money transfer companies that can do this for you. Such services do not own their own locations. Money transfer is done through different agencies in retail locations, check cashing services, and convenience stores. The larger the amount of money sent usually raises the charge for the transfer. The purpose of this website is to provide useful and resourceful information to those interested in alternative and cost-effective ways of sending money to friends and family. Our website will help you to learn everything you need to know about sending money abroad.


4 ways to send money abroad

1. Money Transfer Services. There are various services for retail or online money transfers. Xoom is the best known, most secure and reliable online service. If you open an account with them, you can send or receive money within minutes to/from other people around the globe. You pay the lowest fees in the market for your transfer. Recipients do not require a bank account or Internet connection to receive funds.

2. Post Office. Wire transfers can also be offered by the U.S. Postal Service. Your recipients can receive their funds from various bank branches up to $2,000 per day. For transfers exceeding $1,000 proper identification is required. According to the amount you send a fee ranging from $10 to $20 will be charged for each transaction. Your recipient’s name on their documentation should match exactly the name on the money transfer. Multiple money orders are subject to a daily maximum of $10,000 where as each money order is restricted to a maximum of $700. Your recipients will get local currency upon cashing their money orders. Local or damaged money orders can be claimed with a valid receipt. The cost of $3.25 each applies to any International money order of a value up to $700. Money orders can also be purchased at banks at a slightly higher price.

3. Banks. There are programs serving foreigners send money home that are developed by major U.S. banks as well as local smaller banks. Recipients can claim their money from partner banks where the funds were wired. Certain banks may require you to have an active account with them, so research your local branches for such services. You can also send funds by purchasing stored value cards offered by major U.S. banks. These cards are similar to credit cards with the difference that the amount has to be deposited in advance. Recipients can name purchases at stores that accept major credit cards or withdraw money from various ATM locations. Several banks will issue a check card connected to your U.S. account for your family members abroad. Check cards withdraw funds directly from your checking account and look like common credit cards.

4. Credit Unions. IRnet is a service that electronically transfers funds between credit unions’ members. Several countries in Europe, Africa, Latin America, and Asia are served by IRnet including 3,000 locations nationwide.

resource links
Xoom: Provides secure, fast, and inexpensive means of sending money online to recipients around the globe.
XE.com: Use this free international currency converter to easily determine the exchange rate for your country.
The Federal Reserve is the central bank of the United States of America, which provides a flexible and stable monetary financial system.
The World Bank is the world's largest source of development assistance and promotes, stable, sustainable, and equitable growth in the fight against poverty.
Equifax: Enables global commerce through its information management and e-commerce businesses.