What’s the cheapest way to transfer money abroad in 2021?
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!
If you’re an expat, no matter where in the world you are you want to find the cheapest way to send money abroad.
Here are three tricks for finding the cheapest way to transfer money in 2021:
Comparison websites
These are perfect when you want to find out about different providers from an expert source. On comparison websites you’ll often be told how much transfers will cost, so you can decide which is the best for you.
One of the most useful comparison websites is top10moneytransfer.com.
Money transfer calculators
Most online money transfer companies will help you understand the costs of their transfers - as well as how much your recipient will receive - by having money transfer calculators on their website. From these, you can figure out which are the cheapest digital transfers.
You can check out Paysend’s money transfer calculator here.
Trustpilot reviews
What better way to decide on what’s the best transfer method for you than hearing it from other customers? Sites like Trustpilot let you hear from people who have tried out international money transfers from different providers, and so they’re really useful when you don’t know which to choose.
Reviews on Trustpilot often talk about the price of transfers, and so they can help you work out which provider is the cheapest.
Paysend lets you transfer money either to a bank account or directly to a card, using just the recipient’s name and card number. Sending to a bank is done with zero commission, and to a card costs just £1, €1.5 or $2 (or equivalent). Paysend’s fees are always low, flat and transparent, and we use excellent, competitive exchange rates to help you and your recipient get the most from your money.
Download the Paysend app today from the App Store or Google Play to get started!
Bài viết mới nhất
Sending money from the UK to India is a routine part of life for many people, from Non-Resident Indians (NRIs) supporting family, to students and professionals managing expenses across borders. It is also one of the world’s largest remittance corridors, with a wide range of options available.
The best way to send money from the UK to India depends on three key factors: how quickly the money needs to arrive, how the recipient prefers to receive it – especially via UPI or bank transfer – and how predictable the final amount should be in Indian rupees (INR). During festive periods such as Diwali or Holi, speed and reliability often become more important than saving a small amount on fees.
This guide explains the main transfer methods, how costs and exchange rates work, and how to choose the most suitable option based on your needs.
Sending money internationally no longer needs to involve typing long card numbers, double-checking details or worrying about security on the go. With Apple Wallet and Google Wallet, you can fund your transfer in just a few taps using your mobile wallet, combining speed, convenience and an added layer of protection.
Paysend supports Apple Wallet and Google Wallet as funding methods for international transfers, helping reduce friction at checkout while maintaining strong security standards. In this guide, we explain how mobile wallets work, why they can be a safe alternative to manual card entry, and how to use them when sending money abroad.
