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Money Transfer Guides

We focus on finding the most complicated topics about money transfers and turn them into simple, easy to understand, informative articles for our users. We are always looking to answer all your questions through our articles. Money transfers can get complicated when you start looking into the fees and costs. We’ve taken all the hard work and turned it into digestible and interesting topics for you to read!

Featured Money Transfer Guides

A Guide to Getting Married Abroad
Why get married abroad? If you are looking to exchange vows surrounded by your closest family and friends in a private stunning location, getting married abroad can give you an unforgettable experience. Many people dream about the most stunning and romantic locations for years and living out the fantasy is the perfect way to start […]
Thai Expat’s Guide to Living in the UK
If you've moved to the UK from Thailand, we help you save money in your everyday life and when transferring money home.
Money Transfers for Expats
We explore why sending money overseas can be costly and the different money transfer options for expats to save money.
Receiving Pension Abroad
Receiving your pension as an expat does not need to be complicated. We provide all the retirement options for UK expats, to keep it simple.
Money Transfers for Small Business
We discuss why more small businesses are using online money transfers as an attractive alternative to banks.

All Money Transfer Guides

Euro Transfers
Making euro transfers is easier than ever before, with international money transfer providers offering multiple payment options, prices and delivery methods. For those who have never sent an international money transfer to Europe, this type of transaction might feel like a foreign concept. In this guide, we will provide an overview of what to expect when sending Euro transfers, including information on the financial systems which have been designed to make things easier.
USD to GBP
The US Dollar and the British Pound are two of the most commonly traded currencies. We want to help our users gain a better understanding of the exchange rate for USD/GBP by providing further information on both currencies. Whether you are paying for British goods or services, sending money to family members overseas, or travelling from the US to the UK on vacation, helping you get the best available exchange rate when converting your hard-earned Dollars into Pounds is important to us.
How long does an International Money Transfer take?
Why should I use an international money transfer provider? Utilising the services of an international money specialist like WorldRemit or Azimo is a smart way to go if you are hoping to send funds overseas quickly and efficiently. Due to their resources, international money transfer providers are able to offer the most competitive rates, bank-beating […]
How much money can you transfer online?
Where are you sending the money?  Recognising how the destination impacts the limits of your transfer, will give you a better understanding of what sort of minimum and maximum amounts are able to be sent and received. We have outlined the key differences between a domestic and international money transfer below. Domestic transfer These types […]
The Cheapest Way to Send Money to Europe
Europe is home to 44 countries, but not all of them use the euro. This makes sending money to the continent less straightforward than you may have originally anticipated. Those looking for cheaper alternatives when sending an international money transfer, must always consider the destination country, currency and costs involved. To reduce the cost of sending money to Europe, we have put together this guide which outlines the best ways to save money on European remittances. 
Foreign Bank Accounts
Having a foreign bank account, or offshore account, can be very useful. For expats living or working abroad, freelancers with international clients or those supporting family overseas, international banking can prove to be an invaluable way of managing your finances wherever you are in the world. In this guide we will run through the various aspects of foreign bank accounts and how to get started with one.
How to Send Money to Canada from the USA for Free
As neighbouring countries with two of the strongest economies in the world, there are many reasons individuals or businesses need to send money between these North American countries. Millions of money transfers travel through this payment corridor everyday, and in this guide we will explain how to send money to Canada from the USA, without paying a cent. 
How to Open a Bank Account Overseas
Overseas bank accounts serve a multitude of people and purposes, and it is not just expats who need to access funds in foreign accounts. Due to the growth of international immigration, tourism, trade and commerce, money transfers are made all over the globe everyday, and an increasing number of people open bank accounts overseas to support these cross-border payments.
How to Avoid Bank Charges for International Transfers
Bank charges can drastically affect the value of your international money transfer, so it pays to be in the know. In this guide we will outline how to steer clear of the types of fees which commonly catch customers out.
How to find an IBAN number
What is an IBAN number? IBAN stands for International Bank Account Number and they are called for when sending or receiving international payments. An IBAN is used to identify the individual account involved in an international transaction. This globally-established coding system is primarily practised by banks within Europe, but it is becoming more widely used […]
How do SWIFT payments work?
In our guide to BIC/SWIFT codes we outlined all the information you will need to know when making an international money transfer. This page will provide an overview of how payments are made using the SWIFT network, detailing crucial things to consider and looking at the common misconceptions.
What is a SWIFT code?
Chances are you will have heard the term "SWIFT code" be used in banking situations; but what exactly does it mean? When will you need to use one? What purpose does it serve? We will address these types of questions and more on this page.
How To Send Money To Students Abroad
These days, many students are taking the opportunity to study abroad for a year or even longer, whether it be living somewhere to get a better understanding of a foreign language, to deepen their studies of a particular culture or subject, or simply to experience living somewhere new and exciting away from home. If you […]
Emailing Money Transfer
Email money transfers (EMT) refer to the method of sending and receiving money using a person’s email address.
Can I Use PayPal to Transfer Money Internationally?
Can I use PayPal to send money internationally? Yes, you can certainly use PayPal to send money internationally. The company supports international transfer to over 200 countries and can process your transfer in a few working days. If you’re going to be using this option to transfer funds abroad, it’s a good idea to familiarize […]
Best Way to Send Money to Friends and Family
In the past, it may have seemed like the only way to securely transfer money to your loved ones was via a bank. Banks are familiar, most of us already have a bank account, and they make sending money both domestically and internationally convenient because our details are already synced up. However, in the past […]
Iban to Account Number
An IBAN – International Bank Account Number – is used for identifying a specific bank account for international money transfers and transactions. Along with your SWIFT/BIC code, any time you are sending your money to another bank account abroad, you are likely to be asked for the corresponding IBAN for that account. In this quick […]
What Are Routing Numbers And How Do You Find Them?
What’s a routing number? A routing number is a nine-digit code used to identify where are financial institution is within the United States. Routing numbers are also known as an ABA routing number, an RTN, or a routing transit number, and are often needed for sending money. How are routing numbers used? Routing numbers are […]
Living and Working in the UK as an Expat
Moving to the UK from abroad is a major decision with a number of factors to take into account. The UK can be an expensive place to live, but that really depends on where you are moving to. London may have the most job opportunities, but the UK is also home to a number of […]
How to Avoid Losing Money When Freelancing For International Clients
With technology making it easier than ever to connect with people all over the world, one particular section of the workforce benefiting from global modernisation is freelancers. Freelancers already have the advantage of not needing to limit their job search to a five-mile radius around their local area, and with an increasing number of tools […]
International Money Transfer Limit Irs
In this article, we’ll cover: The documents and checks you need to be aware of when making an international money transfer How the IRS are involved with international money transfers and the surrounding legislation Any sending/receiving limits that could affect your transfer What documents will I usually need to provide when sending an international money […]
SWIFT/BIC Codes
What is a SWIFT code? A SWIFT code is used to identify the exact bank you are sending money to, including the country, bank location, and branch number. Made up of 8 or 11 characters, these codes are used universally to identify banks and financial institutions when sending and receiving money. SWIFT codes are a […]
What is an IBAN number?
What is an IBAN? An IBAN – International Bank Account Number – is a code made up of up to 34 letters and numbers used as a unique identifier for your bank account. IBANs are used by banks all around the world to process international payments, with this unique combination of characters providing a code […]
Can I Send Money Without a CVV Code?
In this article, we’ll look at whether you can send money without a CVV code, and potential alternatives if you don’t have access to your card. What is a CVV code? The CVV (Card Verification Value) is the three digit number on the back of your Visa or MasterCard debit or credit card. On American […]
What Details Do You Need To Transfer Money Abroad?
Whatever your reasons, sending money internationally is more accessible than ever these days, with digital transfer providers allowing 24/7 access to money transfers at the tap of a few buttons on your smartphone. Realistically, you could get your money to your recipient in a matter of minutes. That being said, being prepared for the details […]
How To Transfer Money Within the USA
In the modern world we live in, you’re more likely to find yourself overwhelmed with options to send money domestically rather than limited. From more traditional methods that have been around for years such as money orders, to the new and innovative apps that make sending money possible with just an email address, in this […]
Mobile Money: What Is It & What Are The Benefits?
In the past few decades, sending and receiving money around the world has become more convenient, more accessible, and more cost-effective for the millions of people sending global remittances every single day. The growth of specialist money transfer providers offer an alternative to the expensive fees and unfair exchange rate margins often charged by traditional […]
Receiving Inheritance Money From Overseas
In this article, we’ll cover the best way to transfer an inheritance from overseas, tax regulations you need to be aware of (which vary depending on where you are located), and what paperwork you may need to file to avoid double taxation. What’s the best way to receive inheritance money from overseas? When transferring a […]
How To Transfer Money From A Bank Account To PayPal Instantly
Many people use PayPal for regular subscriptions and payments. From Netflix to eBay, if you have regular payments leaving your bank account via your PayPal account, adding money to PayPal will ensure you can meet those payments on the day they’re due. That being said, having a linked bank account to simply debit funds straight […]
Send Money Online
In this guide, we’ll be breaking down how to send money securely online, some of the best ways to send your money, and our top recommended money transfer providers to help you find the best service for you. How to send money securely online? There are a number of ways you can send your money […]
Card to Card Money Transfers
What are the pros and cons of card to card transfers? Sending money with a card While sending money to a card is not a common method of transferring money, many transfer providers do provide the option to pay by either credit card or debit card for your transfer. To do this, you’ll need to […]
Transferring Money Between Bank Accounts
How to transfer money within the same bank With the vast majority of banks having user-friendly online banking capabilities and apps these days, it’s easier than ever to transfer money between accounts within the same bank.  Transfers within the same bank branch are usually made on the bank’s own internal network, allowing the process to […]
How To Transfer Large Amount Of Money Internationally
In this guide, we’ll be taking you through the best options for transferring a large amount of money internationally to ensure you don’t get hit by excessive transfer fees and exchange rates. How to transfer large sums of money internationally? To transfer a large sum of money internationally, you’ll need to find a currency broker […]
International Bank Transfer Fees
In this guide, we’ll look at the kinds of transfer fees you can expect when sending your money abroad via bank transfer, and how to avoid shelling out too much whether you’re making a one-off transfer or regular payments. What international bank transfer fees should I expect? The main two costs you can expect when […]
Best International Bank For Expats
Some banks offer international bank accounts that are specifically for people living away from their home country, while other non-bank institutions offer a digital approach to wiring money internationally that means fewer fees and more versatility with moving your money across borders. In this guide, we’ve reviewed some of the best international banks for expats […]
Best Way To Wire Money Internationally
These days, it isn’t just traditional banks that can initiate a wire transfer abroad. Money transfer providers are well equipped to move your funds online, often for lower fees and more competitive exchange rates. In this article, we’ll take a look at some of our top recommended transfer companies for wiring money internationally, plus the […]
Cheapest Way To Wire Money
A wire transfer can be a fast and efficient way to send money around the world, but what’s the cheapest way to organise transferring your funds? In this article, we’ll look at the cheapest way to wire money plus potential alternative ways of sending money for even lower fees or free. Before we dive into […]
Wiring Money From A Credit Card
Why send money from your credit card? Wiring money from your credit card to your own bank account is known as a cash advance. Some people may choose to do this if you are looking to borrow a small sum of cash, to pay off an overdraft, or if you need to make a payment […]
What is a Multi-Currency Account?
What are multi-currency accounts? Multi-currency accounts allow users to hold money in multiple foreign currencies within the same account. They are ideal for anyone with multinational expenses and commitments, providing a more cost-effective way of dealing with several different currencies. These accounts can be a great solution for companies of all sizes, as well as […]
How Does A Bank Transfer Work?
What are Bank Transfers? Bank transfers are a means of transferring funds from one account to another account electronically, without having to physically move money between accounts. Also known as a wire transfer, bank transfers a popular for: Sending money on a one-off basis Wiring money internationally Paying for products and services online Bank transfers […]
What Is A Virtual Bank Account?
What is virtual banking? As the name suggests, virtual banking takes traditional banking services completely online. While many traditional banks now offer online banking as a part of their banking services, virtual banks eradicate in-person branches altogether. The end result of this is that you can manage your money online instantly, with numerous benefits over […]
Can A Wire Transfer Be Reversed?
Wire transfers are an electronic means of sending money from one account to another. Most wire transfers are processed via a secure messaging system such as the SWIFT network, which is used by banks worldwide to send information to one another. You can send domestic wire transfer, or they can also be used to send […]
How To Wire Money For Free
What is a wire transfer? A wire transfer is a means of moving money from one account to another electronically. This method of sending money is popular for one-off payments, sending money urgently (wire transfers are often much faster than direct deposits, for example), and sending money internationally. Make sure to check our guide on […]
Transferring Money to a Foreign Bank Account
If you’re interested in transferring money internationally to another bank account, you may be wondering what your options are. In this guide, we’ll take a look at your main options to transfer money abroad, plus the steps you need to follow to safely and securely deposit your money to a foreign bank account. Take a […]
Difference Between Wire Transfer And Direct Deposit
The Main Differences The main difference between a wire transfer and a direct deposit is that a wire transfer is a faster way of sending money to an account, but a direct deposit is cheaper. A wire transfer is an electronic transfer from one bank account to another, whether that’s transferring money internationally to family, […]
How Safe Are Bank Transfers
Sending your money via a bank transfer can be a convenient way to transfer your money either domestically or internationally, but it does require a certain level of trust in the person or organisation you are sending your money to, not to mention the institution you are relying on to transport your money. Until you […]
Best Way To Transfer Money Between Banks
These days, there are a number of different ways to transfer money between banks. The best way to do so really depends on the circumstances of your transfer. For example, are you moving money between your own accounts, or sending money to someone else? Are you sending money within your own country, or internationally? Do […]
Guide to Making Domestic Wire Transfers
While an international wire transfer can take several working days to appear in your recipient’s account, a domestic wire transfer will be almost instant. When you’re ready to make a wire transfer, below are a few steps to follow to make things hassle-free. What is a wire transfer? A wire transfer is an electronic means […]
Wire Transfer Fees
In this article, we’ll be taking a look at the wire transfer fees for popular US and UK banks, what kind of fees you can expect, and how to reduce those fees for cheaper international wire money transfers. Make sure you’ve checked out our guide on the cheapest ways to send money abroad which explains […]
How To Wire Money Internationally
What you need to know about wiring money internationally Wiring money internationally is a popular way of sending money abroad. The electronic nature is this type of transaction makes sending money via wire transfer fairly hands off, requiring you only to know your recipient’s name, bank details, and the sum you are sending abroad. However, […]
How Long Does A Bank Transfer Take?
What do you need to make an international bank transfer? To make a secure wire bank transfer, you’ll need to make sure you have a number of key details to hand. This includes: The name of your recipient Their account number Their sort code The date you want the transfer to be made A payment […]
How Long Does A Wire Transfer Take?
Although you can rarely get a definitive answer for how long your wire transfer will take, you can get a good indication when looking at the particular circumstances of your transfer. Here, we’ll be addressing everything you need to know about international bank transfer times. Wire transfers are a fast and convenient way to send […]
What‌ ‌is‌ ‌Remittance‌ ‌&‌ ‌How‌ ‌Does‌ ‌it‌ ‌Work‌ ‌
What are remittance payments? The term ‘remittance’ comes from the word ‘remit or ‘to send back,’ and so ‘remittance payments’ refers to the amount of money transferred from one person to another – usually in that person’s home country. The term is primarily used in the context of international payments – however, more loosely, it […]
A Guide to Getting Married Abroad
Why get married abroad? If you are looking to exchange vows surrounded by your closest family and friends in a private stunning location, getting married abroad can give you an unforgettable experience. Many people dream about the most stunning and romantic locations for years and living out the fantasy is the perfect way to start […]
How to Send Cash
Why might you want to send money as cash? People send cash to others for various reasons, as sending cash comes with a selection of advantages over other money transfer methods. Some reasons people send cash include: If you/your recipient doesn’t have a bank account: Online bank transfer is an option if either the sender […]
ACH vs Wire Transfers
What’s the difference between ACH and wire transfers? Both wire transfers and Account Clearing House (ACH) transfers are methods of sending money electronically, but there are a number of differences between the two. The main difference between ACH and wire transfer is that ACH payments are predominantly US-based and are processed in batches through the […]
A Guide to Sending Money Home
What factors should I consider when sending money home?  When choosing a money transfer service for sending money home, there are a variety of factors to consider to help you find the best deal. Here’s a quick summary of what to bear in mind. The amount you’re sending: Most money transfer services have a limit […]
3 Main Ways to Send Money Online Explained
Why might I want to send money online? The digital revolution the world has undergone in the past few decades has made us more connected than ever. Reaching someone on the other side of the world is now as easy as a few clicks of a button, and where the digital world goes, money follows. […]
Wire Transfers vs EFTs
What is the difference between a wire transfer and an EFT? There are subtle differences between wire transfers and electronic funds transfers (EFTs), which mainly centre around the fact that wire transfers are a specific type of EFT. A wire transfer refers to an electronic transfer of funds between individuals or entities across a network […]
How to Send Money to Someone
The different options for transferring money When sending money, it is important to know the options available, and how they differ in terms of speed, cost, safety, and other factors. Here’s a quick summary of the different ways you can make person-to-person payments. Banks Banks are largely perceived to be the safest and most established […]
What is a Money Transfer?
The different ways to transfer money When transferring money either within the same country or across borders, there are several options available to you. Here’s a quick summary of some of the most popular. Bank transfer Banks are the most well known and historic presences in the money transfer space, having been around from as […]
Guide to International Money Orders
What is an international money order? A money order is a piece of paper, similar to a cheque, which is used as a method to make payments overseas. It is a safe alternative to cash and even personal cheques. On the money order, it is specified who will receive the money and both the payer […]
Safest Ways to Send Money
It's important to be safe when transferring money online, we can help you find the safest ways to send your money.
Guide to Electronic Funds Transfers
Here we provide information on Electronic Funds Transfers, explaining how and why to use them.
Best money transfer apps
What are the best money transfer apps? Here we explore the top apps, which will point you in the right direction when transferring money.
Receiving Money From Abroad
Here is everything you need to know to get the best deal, when receiving an international money transfer.
Forward Contract
This guide discuss all you need to know when using a Forward Contract.
Telegraphic transfer
What is a telegraphic transfer? We discuss everything you need to know about telegraphic transfers and how they differ from banks.
Transfer‌ ‌Money‌ ‌to‌ ‌Europe‌ ‌
When transferring money to Europe, you want to consider all the details. We can help you find the best deal possible.
Thai Expat’s Guide to Living in the UK
If you've moved to the UK from Thailand, we help you save money in your everyday life and when transferring money home.
Send Money Instantly
If you need to send money online urgently, we can help you discover the best ways to transfer money instantly.
Wire Transfers
This guide will take you through how wire transfers work and whether you should use them when sending money abroad.
How to find the best money transfer rates
This guide will show you the factors that determine money transfer rates, and what you need to know before sending money abroad.
Guide to SEPA Transfers
In this guide, we’ll take you through everything you need about SEPA transfers and how to use them when sending money.
Top 10 Money Transfer Companies
Finding the right money transfer service is important. We compare the top 10 money transfer providers.
Sending Money Using a Credit Card
This guide will help you navigate your options and make the best choice when planning to send money with a credit card.
Send Money Using a Debit Card
Debit cards are one of the most popular ways to transfer money, we explain why and how to use a debit card for money transfers.
Send Money to and From a Bank Account
We discuss everything you need to know when sending money to and from a bank account.
Fastest Ways to Send Money
Sending money abroad can sometimes take a while, here we look at the fastest money transfer services.
Best Way to Send Money
There's a lot to consider when looking for the best money transfer provider. This guide will take you through everything you need to know.
Cheapest Way to Send Money
There are numerable ways of sending money abroad. Here we discuss the cheapest options.
Money Transfers for Expats
We explore why sending money overseas can be costly and the different money transfer options for expats to save money.
Transferring Large Amounts Abroad
It is important to consider everything when sending large amounts of money abroad. Here we discuss why and how we can help.
Receiving Pension Abroad
Receiving your pension as an expat does not need to be complicated. We provide all the retirement options for UK expats, to keep it simple.
Money Transfers for Small Business
We discuss why more small businesses are using online money transfers as an attractive alternative to banks.
International Transfers for Students in the UK
Learn how to best finance your studies and save money as an international student.
Buying A House Abroad
Have an insight into the procedure of buying a house abroad and how to save money in the process.
What is the Mid Market Rate?
We present ideas as to why the mid market rate matters, and how an understanding of it can help save you money in the future.
Should I use my Bank for International Money Transfers?
Are banks the best option for international money transfers? Here we discuss how to transfer money abroad efficiently.
How to Find the Best Exchange Rate
This guide will take you through how to find and secure the best exchange rates, when sending money abroad.
How the Economy Affects Money Transfers
The economy can heavily affect money transfers. We present an explanation why and how to manage risks in economic events.
How Long do International Money Transfers Take?
Here we discuss why the speed of money transfers differ and which money transfer providers offer the fastest services.
How Do International Money Transfers Work?
This guide explains how money transfers work and what different factors affect using them.
Are Money Transfers Taxed?
This guide presents how money transfers and taxes work across the world, as well as offering tips on how to reduce your tax bill.

Research and Insights

International Workers Day 2021
About International Workers Day Every year on May 1st global communities observe International Workers Day. This annual public holiday is an opportunity to celebrate hard-working professionals in all lines of work, by commemorating the success of international workers’ rights groups, such as the Federation of Organised Trades and Labour Unions (FOTLU). In 1884, it was […]
Coronavirus, Working Remotely, & Public Attitudes To Living Elsewhere
Foreword by the CEO, Jonathan Merry The national lockdown enforced by the British government during the first wave of the COVID-19 pandemic forced many companies to adopt a company-wide, work-from-home policy. This unprecedented action saw a meteoric shift in attitude towards a higher level of acceptance for employees working from home. In many ways, it was a giant […]
Cheapest European city breaks on the British government’s exemption list
Vilnius, Lithuania, tops the list ahead of Prague and Krakow as the cheapest city break for Brits looking for a short, European trip to a country that’s safe on the government’s exemption list.
COVID-19 and how it has affected the Money Transfer industry
COVID-19 and the Money Transfer Industry Message from Jonathan Merry, CEO of MoneyTransfers.com From international travel to retail, COVID-19 has hit every aspect of life around the world. In parallel, similar effects have been seen in the world of business, which has seen the biggest drop in activity since the great depression. However, the trajectory […]
Millennial Guide For Baby Boomers & Generation X
The Boomers Travel Guide Millennial Guide For Baby Boomers and Generation X When we think about travelling, a holiday is one of the top reasons that pop into our heads, but holidays come at a high expense. National research has found that UK residents spent £45.4 billion on visits abroad in 2018. We looked over […]
Facebook Libra Privacy & Adoption
With the announcement of Facebook’s cryptocurrency – Libra, the team at Money Transfers decided to look into the potential impact this could have on privacy concerns surrounding Facebook, and whether this could affect consumer adoption of Libra. Key Findings Facebook users are divided on whether to store their money through a service such as Libra […]
The Brexit Impact
The Brexit Impact Britain’s planned exit from the EU infamously referred to as ‘Brexit’ has been one of the biggest shake-ups in modern-day politics. Never out of the news for a day or two the event has been incoming for the past 2 years and there have been drastic effects for both supporters of Britain’s […]