Send Money Internationally | Fast, Secure, and Reliable | Instarem (2024)

FAQs

How do I securely transfer money internationally? ›

Venmo, Cash App, Google Pay, Zelle, PayPal, and wire transfer are some of the safest way to send money digitally. Money transfer apps are inexpensive and convenient options for paying family and friends. Wire transfers at a bank are ideal for securely sending large amounts domestically or internationally.

Wise. This multi-award winning international money provider offers transfers to 80 countries in several different currencies. Fees start at a low 0.7% fee per transfer under $10,000 and 0.5% per transfer over $10,000 ($2 minimum fee).

Can I send money through Zelle internationally? Zelle is only available for customers with a US bank account and US registered mobile number. That means it's not an option for sending international payments to friends and family overseas.

Yes, your international transactions are secure with the PayPal app. We use encryption to protect your financial information and have systems in place that monitor for fraud 24/7. We do not share your full financial information as part of this process. Learn more about PayPal security here.

Zelle and PayPal security and privacy standards are fairly similar in that both platforms make use of encryption, strict access controls, and two-factor authentication. In addition, both platforms allow customers to make payments using their email address, which protects their account and personal information.

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

Which bank is best for international money transfers? ›

How much does SWIFT transfer cost? A SWIFT transfer has multiple charges, such as transfer fees, exchange rates, and hidden fees. Banks charge around 3-5% on the exchange rate for each transfer.

International money transfer limit: IRS

The IRS doesn't place limits on the amounts of money being sent, but there are reporting requirements for payments valued at 10,000 USD or more — or individual payments made within a short period which in total add up to over 10,000 USD.

Bank Transfer

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

Using a non-bank money transfer service could mean minimal or no fees. At OFX, you receive fee-free transfers* for sending USD internationally. We use our global network of 115 local bank accounts to make our transfers within the same country, so you won't be hit by any international transaction fees.

Speed, costs, and support are some of the factors to consider when sending money abroad. Banks can transfer money overseas, but weaker exchange rates and higher fees can make them more expensive compared to alternatives. ACH, cash-to-cash, and wire transfers offer other options.