Funds Transfer from Abroad

           Today we have quite many service providers for transfer of money from Abroad. It is quite a challenging task to choose the one that benefits you the most. I have been using and exploring  XENDPAY TRANSFER WISE , PAYSEND , REMITLY ,  TRANSFERGO   or SKRILL . I had continued to use one for long time considering that the transfer fee was NIL. It did not take too long for me to realize that the exchange rates were low if the transfer fee is NIL. so what factors to look for when you choose the service provider for Foreign Money Transfer. 1. The new service providers may have better exchange rates mainly to attract and retain new customers. 2. Fixed Cost Service provider charges only X amount irrespective of the amount of money you intend to transfer.This is beneficial if you are transferring higher amounts. 3. NIL charges service provider may charge a fixed percentage of exchange rate. Though the amount may be minimal this may not be the good option if you are planning to transfe