How to Send the Cheapest International Money Transfers

My lifestyle of travelling the world provides some amazing perks, however, one thing that had always frustrated me was how to send the cheapest International money transfers.

How to Send the Cheapest International Money Transfers

My lifestyle of travelling the world provides some amazing perks, however, one thing that had always frustrated me was how to send the cheapest International money transfers.

Hi, we’re Rach & Marty!

We’ve visited every country in the world and want to help you get the most out of your travels!

Whether you need an expertly planned itinerary, some experienced hints and tips, or just craving a delicious food adventure, we’ve got you covered!

Hi, we’re Rach & Marty!

We’ve visited every country in the world and want to help you get the most out of your travels!

Whether you need an expertly planned itinerary, some experienced hints and tips, or just craving a delicious food adventure, we’ve got you covered!

Hi, we’re Rach & Marty!

We’ve visited every country in the world and want to help you get the most out of your travels!

Whether you need an expertly planned itinerary, some experienced hints and tips, or just craving a delicious food adventure, we’ve got you covered!

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how to send the cheapest international money transfers USD cash

I always felt like I was forced to pay way too much in bank fees. 

Surely there had to be a better option.

I obviously wanted to find a cheaper and more efficient way to transfer my money internationally. I was tired of banks charging me unfriendly fees to move my money overseas – essentially they had the power.

In the past, the cheapest International money transfers services seemed to still cost me too much, but not anymore.

Thankfully, over the years things have changed. A new company appeared on the radar and it has made my life easier and saves me heaps of money. Want to save a stack of money too?

I’ll share with you how to make the cheapest money transfers to anyone, anywhere in the world. It could be to send money to a friend, an overseas company, or to pretty much anyone at all. 

How to make the cheapest International money transfers? Use WISE

What is Wise?

Wise allows you to send the cheapest International money transfers with far less commission and at a much better exchange rate than the banks ever will.

If you want to move your money for a fraction of the price you’d generally have to pay to the bank, then you need to get on board with Wise today! Let’s get you up to speed on how to make the cheapest International money transfers.

The way these guys can do this for such a small fee is by matching your exchange request at a local level with others around the world. What this means is that your money never actually moves across borders.

How does Wise work?

Essentially, your money is paid into an account in one currency and then gets paid out from a different account in the currency you’ve requested. This makes it the cheapest International money transfer service in the world right now. 

It’s a very clever network that actually works as a P2P (peer-to-peer) network—kind of like Airbnb, but instead of dealing with accommodation, it’s more about saving you loads of cash on moving your money internationally.

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They use the REAL exchange rate

Banks and other providers tend to set their own exchange rates. That means that you pay much more than you should and they keep the difference. It’s the main reason why the cheapest International money transfers was never cheap when you do business through the banks. Not anymore.

Wise never marks up the exchange rate. They give you the real market exchange rate that you find online using when you google it or check on the popular website. Sounds fair, right?

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What are the fees for sending the cheapest international money transfers?

Wise works by bypassing banking fees. The commission fees they charge to exchange your money are very low, which I love—and you will too.

A great function of Wise is that you can see exactly how much you will pay to send money and what your recipient will receive without logging in or signing up.

Is it secure?

Yes! Wise uses two-factor authentication and HTTPS encryption to protect your transactions. They’re not interested in misusing or selling your data for their financial gain. I feel that this is finally a company created by people who actually care about giving us a fair deal. It’s kind of nice.

As Wise is a peer-to-peer network, it means they have real people who constantly watch over each and every transaction. Before any money is exchanged or moved, they first check and confirm every customer’s identity. So you know that when you send the cheapest money transfer with Wise, your money will be safe. 

Whether you want to send the cheapest money transfer to the Philippines or the cheapest money transfer to India; Wise is the answer. Wise can do it all.

Wise offers the cheapest International money transfers ANYWHERE in the world.

And the best part is that if you sign up now, your first transfer is absolutely FREE!

cheapest international money transfers computer and card

How I use Wise to save money

Over the past two years on our journey to visit every country, we’ve had to search for ways to send the cheapest International money transfers many times to pay for travel.

Whether it was to pay into a bank account held in Abu Dhabi for our flights to visit Socotra Island in Yemen or to pay International freelancers for additional documents required for securing some visas on the road – I’ve used Wise each time.

I paid my Tour Provider in Algeria to pre-book domestic flights on my behalf using Wise.

He arranged my visit to the most amazing places to see in Algeria with lightning speed because I could send him the cheapest money transfer within days.

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I use Wise to send money from my International bank accounts to my Australian bank account. It’s a no-brainer. It costs me less than $5 in fees to move a decent amount of money, and the money arrives super fast. I’m getting the best possible exchange rate available.

I’m so happy I also have the best debit card for Australian Travellers to save loads of money overseas too.

As a blogger, I also use Wise to pay for work completed on my website and to be paid for travel articles I write for other travel publications. I use it to transfer money internationally as it is the cheapest way.

cheapest international money transfers
Wise is the cheapest money transfers service available today.

Top reasons why I love Wise to send the cheapest International money transfers

  • The fees to move cash are far cheaper than any bank 
  • I get the best possible exchange rate
  • It’s fast and efficient
  • I can set up the whole transaction in under 5 minutes from my computer.
  • The Wise app is quick and easy to use

How to set up Wise for the first time in 4 steps:

1) Create a free account

Creating an account is quick and easy to do on the website. You will need some form of identification to be verified, so have this available.

2) Set up a transfer

Enter the amount and in what currency you want to send, then add the recipient’s required details. The recipient doesn’t need a Wise account to receive money but they must have a bank account.

All you really need is their email address and the name of the account holder who you are sending the money to. Easy! Who knew that sending the cheapest International money transfers could be this quick?

3) Send Wise the money

Once you’ve entered all required details, you can make a local payment to Wise using your debit card or online banking.

4) Wise then sends money to the recipient

The recipient will receive the balance directly into their bank account, in the nominated currency with no additional fees to you or them. That’s it. Is the cheapest way to send the cheapest International money transfers available today.

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Download the Wise App

The team at Wise are a smart bunch and they’ve conveniently created a very handy Wise app. It’s so easy to use, making your life easier – even when you’re on the move.

Thanks to Wise, a cheap international money transfer is now an option for you. Getting on board with Wise was one of the best decisions I’ve ever made.

I’ve saved so much money, and I really love how easy it is to make the cheapest International money transfers to anyone I need to, without fuss.

Sign-up today using our invitation, and receive your first transaction FREE!

More Travel Tips

We have so many tips to help you travel more!

These 21 cheapest countries to visit will help you stretch your hard-earned dollars further.

Read our top 6 travel hacks to save money and the 20 best travel apps to make travel easier! 

For food lovers, don’t miss our top 10 best countries for foodies. And, if history is your thing, these 30 amazing historical places worldwide will fascinate you!

We have many tips to save money for travel and consider these 20 jobs that PAY YOU to travel the world to help you travel longer.

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Check out our ultimate packing list for travellers, and remember to pack travel insurance! We recommend these two travel insurance companies for excellent coverage.

Our 12 essential tips for safe travel in any country are worth a read. 

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Check out our best-ever travel tips compiled from more than twenty years of experience.

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Travel Planning Resources

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🏨 is our preferred platform for booking hotels and accommodation. We use Vrbo to book apartments and long-term stays.

🏥 Travel Insurance: We recommend Heymondo (Get 5% off Heymondo) & SafetyWing

🚌 Transportation: Trainline is the best website to reserve trains. We use Omio to book transport worldwide. For travel in Asia, we use 12Go. 

🚘 Car Rental: We use DiscoverCars to book rental cars worldwide.

👫 Group ToursG Adventures OR compare multi-day tours worldwide with Tourradar.

📸 Day Tours & TripsGetYourGuide & Viator are the only two platforms you need.

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🎒 LuggageOsprey Farpoint 40L Backpack or Samsonite Luggage Range.

🛄 What to Pack: Don’t forget your Universal charger and a good power bank.  To help you pack the essentials, here is our ULTIMATE Packing List for all Travellers.

🐶 Become a House Sitter: Join Trusted Housesitters and enjoy FREE accommodation worldwide. Use our invite to receive 25% off your new membership.

💰 Send Money Anywhere: WISE & Revolut are the best online accounts that let you send money, get paid, and spend money internationally. Both are so easy to use and way cheaper than any bank transfer.

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✅ Check out our Travel Gear and Travel Resources for more valuable tips to save you money!

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9 Comments. Leave new

  • Thanks for the detailed information. Your blog is by far the best source I’ve found.

    September 25, 2021 7:28 pm

    The best way to transfer money and 100% secure process.

  • That’s an amazing way to transfer money anywhere in the world! I appreciate it this way and I used it. It’s superb. Th rate is good. By the way, I am going to share the post on my Facebook to see my followers.

  • Wise is an amazing platform and I a using it. The rate is superb always. I love the feature of “WISE RATE ALERTS” and It helps to withdraw money with the best rate. Thanks!

  • Yep, “WISE RATE ALERTS” is an amazing feature to withdraw money with the highest rate in any currency! Just a quick note to tell you that have a passion for the topic at hand. I am using Wise as a Freelancer. It’s amazing. Thank you.

  • Kate Semken
    July 7, 2023 1:47 am

    So, I use Wise already. But here’s a question….. when you’re away for 3 months & not intending to be on International Roaming with your own phone number but want to transfer funds from your own account onto the Wise debit card as you go, how do you overcome them wanting to send a security code to your number for verification, so you can just transfer your own money onto the card?? There must be some other way, surely……??

    • Hi Kate,

      You can choose to receive the code by WhatsApp. Just make sure your WhatsApp number matches the primary number on your Wise account. We also use an eSIM when we travel, so any WISE verifications and SMS will come through to us, which is handy.

  • Hello nomads

    I wander how this works as no info on net and wise won’t answer it directly. If you try to take money out of foreign ATM, but it gets declined by wise (for security reasons) and the foreign bank still charges you foreign transaction fees even though you never received any money. Should you receive refund off wise as it was them who stopped you from receiving your money. This happened to me (looked at transaction statement) and queried it with wise but only get a useless generic answer. I’ve had a few transactions declined (no money problems, just wise being too cautious) and worry that I’m going to be getting charges for declined ATM withdrawals in the future (5$+ per transaction) 😟

    • Hi Joe,
      We can’t honestly answer that question for you as it hasn’t happened to us. We’ve had only positive experiences with them so far. We recommend to try and contact WISE customer service again until you get a response from them about your query.


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