MONEY TRANSFER INFORMATION

Need to make smaller international transfers? Find out how to make cheap transfers in the information sheet below.

        

Money Transfer

Need to make smaller international transfers? Find out how to make cheap transfers in the information below. For larger currency transfers you might consider a foreign exchange brokerage service.

With Which Way To Pay you can compare some of the leading money transfer companies in South Africa so you can be sure you are getting the best possible exchange rates.

What is a Money Transfer Service?

If you need to make smaller international transfers to almost anywhere in the world then you should consider a money transfer service. If you need to send money to family or friends abroad, make a one-off payment or set up regular payments, a money transfer service is a low cost and efficient way of doing it. They are secure which is particularly important for anyone looking to send money across the world.

When you choose a money transfer specialist to send money you will nearly always get a better exchange rate than if you were to go through a bank. It is important to compare the exchange rates offered because these do vary between companies.

How do I make a Transfer?

There are a range of transfer methods but the exact options available to you will depend on the service you use. Generally different transfer methods include:

  • Bank-to-bank transfer
  • Email transfer
  • Online account transfer
  • Branch transfer

Which method should I use?

The right transfer method will be the one that best suits you and your recipient's needs. This might depend on a number of factors including internet or branch access. You might find that depending on the method you choose you might be offered different rates. For instance online transfer companies usually offer the most competitive rates as well being able to offer instant transfers.

How you pay for the transfer will depend on the method of transfer you use which may affect your decision. Most companies accept credit cards but you may be able to pay for it via other means.

        


Please note that Which Way To Pay South Africa www.whichwaytopay.co.za is not authorised to give personal financial advice under the South Africa financial regulations.

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