[ale] OT: OT: sending money overseas

Justin W Elam justin.w.elam at gmail.com
Thu Jan 8 03:20:18 EST 2015


It depends.

1. How much money you are converting if any.
2. How does the payee want to be paid

Then process via a number of methods.

Western Union
Money Gram
Foreign Draft
Courier Service
Online Wire and Transfer

Some websites to peruse at your leisure.
Reminder same day FEDWIREs need to be in by 12 Noon Eastern. See FRB.org FMI

Some services require a certain amount be transferred. Typically $ USD 1000
or 500. Check with servicer for terms and conditions.

Google Query
"international money transfer "

Top Services

http://www.xe.com/xetrade

https://www.xoom.com/international-money-transfer?stop_mobi=yes

http://www.usforex.com/our-services/transfer-money

http://www.transfermate.com/?lng=en

http://www.moneygram.com/us/en?nomobile=true

https://www.westernunion.com/us/en/send-money.html

https://transferwise.com/us

https://www.fxcompared.com

Your financial institution may be able to assist you with their wire
transfer services if you have a US Dollar denominated account with ABA RTN
and ACCT numbers.

You may also be able to use your broker's services in a US Dollar
denominated Taxable Brokerage Account to send WIRES or payments to your
payee or your FOREX service provider.

Some providers require cleared funds. Service Timeframes vary by provider.

Overseas clearing for a US Dollar denominated item with US ABA numbered
personal check, foreign draft, certified or cashier's check, traveler's
check or money order  can take up to 90 days and may incur additional fees.

Your mileage may vary.

Have a great day!

--
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Justin W Elam
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