To send money to friends or family abroad, you can use your usual bank, the post office or specialised money transfer services such as Western Union or Paytop. Before christmas, our comparison will help you to find the safest, cheapest, easiest and fastest way to send money abroad.
Lost or robbed credit card, one of your children has some troubles abroad. You can help him by sending him cash with several networks. Depending of which one you choose, speed, easiness or prices will vary a lot (sometimes you can pay six times more).
Note: this guide is specific if you send money from France, but globally it is the same in most of occidental countries.
Bank to bank: 3 to 5 days
The safest way to transfer money abroad is to use your bank to send from an account to another one. But as you can imagine, it is possible only if the person has a bank account in the country, which is not the case for a tourist or a short-term traveler.
You can ask to your agency the prices and delays. The cost will vary according to your relationship with your banker and your needs. Expect 3 to 5 days.
Post office: 2 to 5 days
From a post office, you can send an international cash mandate, until 3’500€ to 52 countries. The fees will depend on the distance and the amount sent.
You do everything, 4 to 5 days later for Europe, the recipient receive money in a local post office. It’s 8 to 10 days in Africa, for example.
More expensive but faster, express international mandate makes you able to send in 2 to 5 days to around 30 countries.
Moneygram, Paytop, Western Union: dans l’heure
You also can ask to a service specialised in instant money transfers such as MoneyGram, Paytop, Western Union. MG & WU help you to send cash to 200 countries in minutes. You can do it in a withdraw office, or online with credit cards. The cost will be higher from a local office.
Paytop organize money transfer in 26 countries, mostly on the African continent. You will have to do it online.
As you read, it’s very complicated: a lot of money transfer services exist worldwide, and they don’t cover every currency routes.
Using Moneytis will give you access to all the information in 2 seconds and help you to find the best solution according to your needs.