Wednesday 12 July 2017

TOP 10 REASON WHY PEOPLE SEND MONEY ABROAD

An international money transfer is a service that allows you to send money Aboard for whatever reason; this can be carried out using your normal retail bank account international FX brokers and peer-to-peer companies.

People  Send money Aboard for many different reasons, in this article we have put together the top 10 reasons why people Send money Abroad

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Top 10 Reasons Why People Send money Abroad

Buying Overseas Property or a Holiday Home Abroad

1.  Paying for Overseas Tuition Fees for Child or Grandchild
2.  Overseas Investments or Divestments3.  Sending Money to Friends or Family Who Live Overseas
4.  Paying for Accommodation/luxury Holidays Overseas5.  Supporting a Family Member Who is Travelling Overseas6.  Paying for your Wedding Abroad
7.  Overseas Mortgage Payments
8.  Paying For Work to be Completed Overseas9.  Paying For Bills Overseas

If using your bank, while you Send money Aboard ,will have to pay a fee whether you are transferring a large amount of money, or regularly transferring smaller amounts of money to foreign bank accounts.

 If you also take into account exchange rates, the costs can really add up. We recommend and help you find ways that you can reduce these fees and achieve superior exchange rates to save you money, while still offering a safe and secure way of transferring money to an overseas bank account

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