6 tips for choosing a better international money transfer provider

Whether you’re sending money overseas for the first time or are on the lookout for a different provider, always be sure to research what’s on offer.

The top international money transfer providers can help you send money overseas quickly, at a good exchange rate and with minimal fees. These things matter as they can save you time and money! 

Here are a few simple tips you can consider when choosing your International Money Transfer provider:

• Shop around on price: It’s always a good idea to have more than one option. This gives you a chance to compare exchange rates and select the one that’s best for you.
• Think about your needs: Your specific transfer needs might differ from the next person. Take time to compare different options according to your own needs. 
• Consider how you’ll pay any fees: For example, you might need to pay a higher fee or interest charges or even bad exchange rates if you pay via credit cards. 
• Easy transfer options: Make sure the provider you’re considering has a transfer option that’s easy to access. For example, an online transfer from your phone can be done within a few minutes. 
• Check the transfer time: You don’t want to worry about moving money during an emergency.
• Track your transfers: It’s always reassuring to have a service that provides up to date information. 

If you’re ready to start comparing international money transfer providers, our Mozo experts have handpicked some of the best on the market.