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fees for smaller transfers - it's best to transfer one large transfer and pay a single fee so you don't get charged multiple times.
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Banks transfers can be the most expensive and often have the slowest transfer speeds. Other money transfer services like OFX or XE Money Transfers add a small margin to the market rate for their transfer fee. Some foreign exchange providers offer better exchange rates than others.Ĭompanies like Wise or InstaReM, give you the market exchange rate and charge you a percentage fee.
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Sending money overseas can be full of loaded fees.
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