Black Friday Value Guide – How to Compare Exchange Rates Before You Send Money Home
Black Friday is all about finding value, whether that’s on the latest tech, travel, or even your next money transfer. But while most people are focused on online shopping discounts, there’s another way to make your money go further: by getting the best exchange rate when you send funds abroad.
This time of year, money transfer companies often promote “zero fees” or “special rates.” But how do you know if you’re really getting a better deal? Here’s how to check for yourself, so you can make sure more of your money reaches home.
Why exchange rates matter more than you think
Even a small difference in exchange rates can have a big impact on what your recipient actually receives. For example, if you’re sending $500 (or the equivalent amount), a rate difference of just 2% could mean your family or friends get about $10 less, and that adds up over time.
Sometimes, providers add a small markup to the “mid-market” rate (the rate you’d find on Google). Some also charge extra fees at checkout. The result? You could be paying more than you realize.
When you compare, always focus on the final amount the recipient receives – not just what the provider says about fees.
How to check exchange rates for yourself
You don’t need to be a finance expert to compare rates –just follow a few simple steps before you make your transfer.
1. Open a few transfer calculators.
Go to the websites or apps of your preferred providers and use their calculator tools. Enter the same sending and receiving amounts for each one.
2. Look at the total received.
This is the most important number. Ignore the “fee-free” headlines and see what your recipient actually gets in their local currency.
3. Check for hidden costs.
Some companies offer zero-fee transfers but make up the difference with weaker exchange rates. Others might charge additional service fees at checkout or offer slower delivery times for cheaper options.
4. Compare with Paysend.
When you use the Paysend calculator, you’ll see exactly how much your recipient will get, no hidden markups or surprise charges. Everything’s upfront, transparent, and easy to understand.
What makes a good deal (and what to watch out for)
When comparing providers this Black Friday, keep these three points in mind:
- Transparency: A trustworthy provider clearly shows the exchange rate, transfer fee, and total received.
- Speed: Some services advertise great rates but take days to deliver. Instant or near-instant transfers mean your money arrives faster – often at no extra cost.
- Consistency: A “special offer” might look appealing, but the everyday rate could be higher once the promotion ends. Look for platforms that keep rates competitive year-round.
And remember, “zero fees” doesn’t always mean more value if the exchange rate is lower.
Make your money go further this Black Friday
While you’re browsing for deals, take a minute to check the rate on your next transfer. You might be surprised how much difference a transparent, fair provider can make.
Paysend shows you the exact amount your recipient will receive, so you always know the real value of your transfer before you press send.
This Black Friday, it’s not just about spending smart, it’s about sending smart too. Compare your rate, spot the hidden fees, and make sure every dollar goes further when you send money home.
The educational materials on this site are provided for informational purposes only and do not reflect the opinions of Central Bank of Kansas City, Member FDIC. Educational materials may contain links to content on third-party websites, which are provided for your convenience; please note that linked sites may have a privacy and security policy different from our own, and we cannot attest to the accuracy of information. The Central Bank of Kansas City does not guarantee nor expressly endorse any particular business, product, service, or third-party content.
Son Yazılar
For millions of families across Latin America and the Caribbean, sending money home isn’t just about finances, it’s about connection. It’s how parents support children’s education, how siblings help one another through milestones, and how entire communities stay linked across borders.
At Paysend, we understand that these everyday remittances carry deep emotional and cultural meaning. That’s why our new partnership with JetBlue feels so special. Together, we’re connecting financial and travel experiences, giving customers the chance to earn TrueBlue points when they send money home to the Dominican Republic.
Now through March 30, 2026, customers in the United States who send a transfer of $100 or more to the Dominican Republic with Paysend will receive 5,000 TrueBlue points.* It’s a simple way to turn everyday remittances into travel rewards, helping families get one step closer to reuniting in person.
*For U.S. residents only. USD → USD transfers excluded. Offer valid through March 30, 2026. Limited to one (1) award of 5,000 TrueBlue points per customer. Paysend reserves the right to modify or cancel the promotion at any time. Third-party fees may apply. FX rates are determined by Paysend and may include a margin. Terms and conditions apply.
By Lisa Navarro, Head of Enterprise Operations at Paysend
In the world of cross-border payments, onboarding isn’t just a procedural step — it’s the foundation of a successful partnership. At Paysend Enterprise, our clients trust us with their most valuable asset: their ability to move money globally, securely, and efficiently. For me, that trust starts with how I bring them into our ecosystem.
As Head of Enterprise Operations, I see every onboarding journey — which we’re proud to typically complete in an impressive 2 weeks — as an opportunity to set the tone for the relationship, where operational excellence and true collaboration come together. I take this part of the process personally, because it’s where operational excellence and true collaboration first come together.
