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In life, it’s nice when things aren’t expensive. From holidays to healthcare to groceries, we all love getting a good deal.

It’s the same with money transfers. One of the worst feelings is going into your bank to send money abroad, and discovering that there are large commission fees to send your money to your loved ones. When this happens, you can see your hard-earned money disappearing before your very eyes!

For Irish expats who have moved overseas to work and study, it’s easy to feel at home given the big St Patrick’s Day celebrations around the world, and the popularity of Irish pubs in many towns and cities abroad.

We all know how important it is to stay connected with your roots and your loved ones back home, even if you live thousands of miles away. A great way for expats to do this is through money transfers.

Sending money internationally has become an easy, quick and cheap process thanks to online platforms. Often, all users need is a smartphone or computer.

However, behind the scenes there are several factors that affect how much money is received, and much of this has to do with exchange rates.

If you regularly send money abroad and haven’t made a digital transfer before, you’re missing out.

Sending money online from your smartphone, tablet or laptop makes international transfers really simple. Millions of people around the world have ditched traditional methods like high-street banks, money transfer locations and post offices in favour of online transfers.