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, then gets paid out from a different account in the currency you’ve requested. This makes it the cheapest International money transfers 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 how Airbnb works, 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 XE.com website. Sounds fair, right?

What are the fees to send the cheapest International money transfers?

Wise works by literally bypassing banking fees. The commission fees they charge to exchange your money are very low, which I obviously 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 own financial gain. I feel that this is finally a company created by people that actually care to give us a fair deal. It’s kinda 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 in the country on my behalf using Wise.

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

I choose to 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, not to mention I’m getting the best possible rate of exchange available and the money arrives super fast.

I’m so happy I also have the best debit card for Australian Travellersto 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 mins 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 to send the cheapest International money transfers can be this quick.

3) Send Wise the money

Once you’ve entered all required details, go ahead and 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.

travel in algeria bring cash

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.

A cheap international money transfer is now an option for you, thanks to Wise. Seriously, 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 you’ll receive your first transaction absolutely free!

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We love to share our knowledge of travelling, and you may enjoy reading our best-ever travel tips and our ultimate packing list for travellers.

For the food lovers out there, don’t miss our top 10 best countries for foodies! And, if you’re more interested in history, these 30 amazing historical places in the world will fascinate you!

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But, here are 8 things to know about traveling to Eastern Europe and it’s good to know these 7 misconceptions about Eastern Europe too.

Or, perhaps these 21 Cheapest Countries to Visit Right Now is just the thing you’ve been searching for.

We’ve got a bunch of tips for how you can save money to travel the world, and even when you’re out there travelling, maybe these 20 jobs that PAY YOU to travel the world will help you travel longer. It worked for us, and we bet it can work for you too.

Finally, these top 6 travel hacks to save you money are great to read when planning your travels.

And, if you’re planning a new trip, whether it’s for a week, a month, or even a few years, consider buying an eSIM to stay connected. This is our favorite travel product, and you can read more about what is in eSIM and why eSIM is so convenient for International Travel.

Check out the travel gear we use on the road, and for the products and websites we recommend to plan new trips, head to our Travel Resources Page.