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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

How To Transfer Money From 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 […]
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 banking 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 as well […]
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. Before we dive into the cheapest […]
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 is a multi-currency bank account? Multi-currency bank 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. Multi-currency accounts are increasingly popular features offered by virtual banks, providing a […]
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. Wire transfers can be made domestically, 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. While there are many advantages to wire […]
Transferring Money to a Foreign Bank Account
If you’re looking to transfer money to a foreign 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 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 sending money abroad to family, employees, or paying […]
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 money transfers. Make sure you’ve checked out our guide on the cheapest ways to send money abroad. What fees are […]
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 a bank transfer? To make a 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 reference so the […]
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 wire 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
Why might I consider using one over the other? The first consideration is the transfer destination. Mostly, when making international transfers-outside the US, wire transfers are much simpler to execute and are faster than ACH transfers. Most banks do not process International ACH Transfers (IAT), instead opting for the more straightforward option of using international […]
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 electronic funds transfers (EFTs) and wire transfers, 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
Banks Banks are largely perceived to be the safest and most established methods to transfer money both locally and overseas. Banks such as Barclays and Lloyds Bank have histories that date back to the 17th and 18th century, respectively. Customers can make transfers in-branch, through telephone banking, use online transfer portals or mobile apps. To […]
What is a Money Transfer?
Bank transfer Banks are the most well known and historic presences in the money transfer space, having been around from as early as the 15th century. Through worldwide banking networks, users can transfer money within the same bank, or to other banks locally and internationally, with the knowledge that their money will reach its destination […]
Guide to International Money Orders
What is an international money order? An international 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 […]
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

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 […]