Home Archives for April Summers

April Summers

April Summers

April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she’s not writing about global remittances she can be found daydreaming about her next holiday abroad.

Latest articles by April Summers

WorldRemit

About WorldRemit As is the case with many other leading money transfer operators, the story behind WorldRemit relates directly to the real-life experiences of the company’s founder, Ismail Ahmed. Having become frustrated by how difficult and expensive the options were to send money home, Ahmed came up with the idea for WorldRemit in a bid […]

April Summers | 9 minutes | Tuesday, 31st May

CurrencyTransfer

About CurrencyTransfer As advocates for transparent, low-cost payment services, CurrencyTransfer has kept to their word when it comes to providing stellar foreign exchange rates and fee-free transfers.  The company’s diverse product list caters to both private and corporate clients, with services such as mass international business payments, rate alerts for currencies of interest, API integration […]

April Summers | 9 minutes | Tuesday, 31st May

Remitly

Remitly was founded in 2011 with a mission to provide immigrants in the U.S. with convenient, faster and cheaper ways of transferring money to their families and friends back home and has been doing that ever since. Its proprietary money transfer platform allows customers to pay for transfers using debit cards, credits cards and bank […]

April Summers | 9 minutes | Tuesday, 31st May

Paysend

About Paysend Founded in April 2017 by a team of experts from the financial services field, Paysend identifies as “a global FinTech company on a mission to change how money is moved around the world.” By developing a faster, more straightforward money transfer system, Paysend has acquired more than 4 million customers and 17,000 small-to-medium […]

April Summers | 9 minutes | Tuesday, 31st May

Azimo

Azimo exchange rates and fees Considering the target market, Azimo has tried to regulate the costs of its transfers by modelling different fee structures and exchange rate margins depending on the countries to which customers are transferring money. Transfer Fees– Azimo currency transfer charges variable or fixed fees on its transfers. The key determinants as […]

April Summers | 9 minutes | Tuesday, 31st May

Xoom

About Xoom The Xoom platform allows customers to pay for their transfers using bank accounts, debit cards, or credit cards and have it paid out to their recipients through direct deposits, cash pickup and door-to-door cash deliveries. While the speed and reliability are great, Xoom has often been criticised for lack of transparency in its […]

April Summers | 9 minutes | Tuesday, 31st May

Western Union

About Western Union  Western Union is a US-based company that provides various ways to transfer money around the world. Starting out in 1851 as a communications company specialising in telegraph-related services, in 2006 Western Union decided to concentrate their efforts on money transfers. Since then, the provider has gone from strength to strength, becoming one […]

April Summers | 9 minutes | Tuesday, 31st May

TorFX

TorFX exchange rates, fees & costs TorFX’s business model is quite unique as far as exchange rates and business fees are concerned. The rates are transparent and much more competitive compared to banks. Transfer Fees– TorFX doesn’t charge any fixed fees Exchange Rates– The company gets its revenue from the exchange rate spread between interbank […]

April Summers | 9 minutes | Tuesday, 31st May

OFX

About OFX Based in Sydney, this Australian remittance service has grown exponentially since its founding in 1998. The company now has offices in 8 locations across the globe: Australia, Canada, Hong Kong, Ireland, New Zealand, the United States and the United Kingdom.  OFX estimates that over the course of the last two decades, the company […]

April Summers | 9 minutes | Tuesday, 31st May

Instarem

Instarem exchange rates and fees Before sending money on Instarem, it is important that you know the fee structure and exchange rate pricing the company uses. Transfer Fees– The fees Instarem charges depend on the amount you are transferring and the country of origin. For instance, when transferring from Hong Kong or Australia, you will […]

April Summers | 9 minutes | Tuesday, 31st May