This article explains how to find cheapest way to transfer money internationally by comparing conversion charges. There are many popular remittance providers that you can use to transfer money internationally. But all those providers have different frees and varying exchange rates. Due to the varying nature, if you want the cheapest deal, you can’t rely on a single service.
Transfr is a free service that can help you find the most cost-effective way to send money internationally. All you have to do is type how much money you want to send along with origin and destination country. This service searches various remittance providers, fetches the data in real-time, and compares their conversion rate. It shows you the fees and exchange rate of all the services and provides a link to each of them. So, you can choose the cheapest service and go ahead with Your transaction.
Also read: Free Personal Accounting Software, Import Bank Statement: Moneyble
Find Cheapest Way to Transfer Money Internationally
Transfr is one of the most simple and fast ways to compare various remittance providers. This service fetches real-time quotes from 4 major remittance providers covering the followings:
- TransferWise
- InstaRem
- CurrencyFair
- TransferGo
Transfr has a simple single-page website with a dialog box on the home. Simply select the origin and destination country for the transfer and enter the amount you want to send.
Within seconds, it fetches the data from all four providers and lists those which are available in both countries (obviously). For each provider, it shows the receiving amount for your sending amount along with the fees and exchange rates of the provider. It also gives you a link to each provider that takes you to the respective website. From this list, you can compare the conversion rates and go with the cheapest option available.
Find cheapest way to transfer money internationally here.
Wrap Up
Transfr is a handy service to quickly compare various remittance providers to find the cheapest conversion rate for internal money transfer. This is just the beginning of this service, the developer is planning to add a detailed review of the providers and compare their services. Also, an API would also be made available for a high volume of transactions.
