Often people stuck in not knowing the best way to send money internationally. Even if you rush to a bank, you might be paused because of high international money transfer fee which is around $43. Also, their delivery speeds and foreign exchange may not be very impressive.
But here is a list of options to send money internationally, they are;
Instarem: Instant Money Remittance
Instarem offers inter-bank rates on all transactions whether it is a big one or small. As a part of the transaction, Instarem charges its customer only 1% fees or less (which includes inter-day FX fluctuation). So if you are planning to transfer money to the Philippines from Australia via Instarem, say $1000 then Instarem deducts only 1% and the rest $990 is received by the end user, whereas other operators and banks charge anywhere between 3%-5%. Instarem is also known as the quick remittance service.
The … Read More
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How Payment Processing Works On Credit Cards
The probability of finding someone without a credit card is very rare because most financial institutions are urging their customer’s to get one, they will even include an offer like, get a credit card from us and stand a chance of winning a fully paid trip to Hawaii. According to research conducted, people with credit cards spend more than people without, and they will spend more money on irrelevant thing that they will never use. If it is true, it’s upon credit cards holders to testify, but the most important aspect is how much one incurs when using the cards.
It is an excellent idea to understand the cost of transaction on your credit card and how the fees are distributed from the card bearer to the recipient account. The moment the credit card holder goes to buy some product from a shop, … Read More