Ways to Send Money Abroad: International Wire Transfers and More

Money Really Does Make the World Go 'round

By Bartleby, published Apr 26, 2006
Published Content: 370  Total Views: 3,117,361  Favorited By: 80 CPs
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When you need to send money abroad through an international wire transfer or web service, these are some of the most reputable ways to do it.  From Albanian lek to Zambian kwacha, at least one of these companies can help you get the right currency to friends, family, or charitable organizations in need.

USPS: www.usps.com
People are quick to criticize the Post Office these days, but this branch of the government provides a lot of services we don’t always appreciate or recognize, including ways to send money abroad. Consider the SureMoney program, also known as DineroSeguro by the many Spanish speakers who use it for international wire transfers. By visiting a participating post office (most of which are located in urban areas), you can send up to $2000 per day to a short list of Latin American countries. Rather than providing worldwide service, USPS chooses to focus SureMoney on countries where many American Latinos have relatives and friends: Mexico, the Dominican Republic, Colombia, and El Salvador, for example. SureMoney works based on relationships between the USPS and post offices in these countries. For details and pricing (and to see if your local post office participates), call 1.888.338.4669.

Ways to Send Money Abroad: International Wire Transfers and More

Need to get Euros to a friend in Europe?

Credit: jorge vicente

Copyright: www.sxc.hu

Takeaways
  • Western Union is the most comprehensive but most fraud-ridden.
  • USPS is a great option for people sending money to Latin America.
  • Paypal is limited, but it's definitely the best web-based option.
Did You Know?
Western Union has about 245,000 agents around the world. That's half the population of Wyoming.
Comments
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Jeff, the idea you suggest below only works in countries where ATMs are frequent and where people can use cards a lot. It may be great for regular transactions in, say, the EU. But it's not feasible for one-time sends or for more remote parts of the world.

Posted on 05/16/2006 at 11:05:00 AM

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