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
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
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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.
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Brian Want
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Posted on 05/16/2006 at 11:05:00 AM