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Top 3 Budgeting Tips For When You Send Money Internationally

Sending money to someone in an oversees country, whether it be Columbia or Australia or Germany, is a bit more complicated than sending money to someone domestically.

It’s also a bit more expensive. Unfortunately, you don’t get to send money for free. Each bank or exchange firm has different exchange rates and fees that they will charge you, and if you aren’t aware of some basic strategies to reduce the amount of these fees, you’ll end up paying a lot more than you really should.

Here are the top three budgeting tips for when you send money internationally:

Tip #1 – Find An International Transfer Service 

Even though banks are definitely the most common choice for making an international transfer, there’s a very good reason why international transfer services are still in business and doing well: they’re cheaper.

Banks can charge around the $50 mark for making an internat
Top 3 Budgeting Tips For When You Send Money Internationally

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