Transferring money overseas might feel like a long tedious complex task, but armed with the right tools and assistance, the process can be quick and easy.
Here are some key insights on how to make transferring money overseas a seamless experience:
1. Check Exchange Rates:
Currency values are dynamic, so it’s crucial to keep a close eye on the exchange rate at the time of your transfer. At Send Payments, we pride ourselves on providing highly competitive rates, sometimes up to five times cheaper than traditional banks, ensuring maximum value for your money. You can also set up currency alerts with your account manager to ensure you are aware of the changeable rates.
2. Verify Recipient Details:
Prior to initiating any transfer, double-check the accuracy of the recipient’s information, including their name, address, and bank account details. As a Send customer, benefit from a dedicated account manager who can guide you through the transfer process.
3. Consider Fees:
Unlike some other platforms, Send Payments imposes no transaction fees for international transfers. Nevertheless, you should research and be aware of any associated fees from third party providers and factor them into the overall cost of your transaction.
4. Allow for Processing Time:
International transfers typically involve processing times across payment rails, often taking a few days. When planning your transfer, account for this delay.
5. Keep Track of Your Transfer:
Post-transfer, leverage your Send Payments online platform status and your account manager to monitor the progress of your transaction. This enables you to stay informed about when the transfer funds have beem dispatched.
6. Embrace Digital Convenience:
With digital platforms like Send Payments, the process becomes not only more accessible but also cost-effective. Our platform facilitates secure and fast money transfers to recipients in over 200 countries in 30+ currencies.
If you are looking at transferring your money at any time of the day with no assistance required, Send has a seamless portal for transferring funds effortlessly if your transaction meets minimum and maximum online trade portal requirements.
If you do need to talk to someone or make a transfer over $AUD 50,000 you can contact one of our account managers on 1800 982 418
7. Trust in Security:
Send Payments prioritises security and data protection, holding full regulatory compliance with ASIC and AUSTRAC, supported by our Australian Financial Services License (AFSL).
With Send you can navigate the process effortlessly, ensuring a successful and worry-free transfer of money overseas through Send Payments.
SendFX Ltd ACN 617 647 220 is regulated by the Australian Securities and Investments Commission (‘ASIC’), is a registered remittance provider with the Australian Transaction Reports and Analysis Centre (‘AUSTRAC’), is a member of the Australian Financial Complaints Authority (‘AFCA’) and holds an Australian Financial Services Licence (‘AFSL’) (number 509635).
