Every year, over $500 billion is transferred between countries across the globe through secure international money transfers.

Know‑your‑customer (KYC) and AML: Payment service providers must verify payer and payee details. Under EU rules, transfers of €1,000 or more or those funded by cash require identity verification and ...

Gone are the days of relying on money orders or wire transfers to send money abroad. The digital money revolution has made it easier and faster than ever. Close to 20 million Americans regularly send ...

Many people are traveling abroad in search of opportunities and careers. Students are enrolling in universities and colleges overseas. The one question that arises in everyone’s mind is how to ...

International money transfer apps provide a convenient alternative to traditional banking, allowing users to send money ...

Wire transfers can be an expensive way to send money, costing the average consumer $27 and $44 for domestic and international outgoing wires, respectively. Your bank might charge you for incoming wire ...

A wire transfer is a secure way to send money electronically either domestically or internationally. Wire transfers may have higher fees than other forms of payment. Many or all of the products on ...

The Consumer Financial Protection Bureau (CFPB) is now targeting international money transfers and “junk fees” that may be saddled upon users. The CFPB issued a warning to firms that provide these ...

Daniel is an expert on travel, finance, and SEO. He grew up in Toronto, receiving an Honours BBA (Finance) from Wilfrid Laurier University. Today, Daniel is based in Lisbon, Portugal, but some of his ...

Sending money internationally used to be a hassle. Today, there are many low-cost, efficient ways to make an international transfer. You don’t have to wire money through your bank or send an envelope ...