Cheap money transfer services

Spending lots of money on a single transaction is not useful at all because you might have to make multiple transactions in a short period: that is what happens when you rely on a bank or on a money transfer company instead of looking up for a cheaper service.

Bank will always hide the fees they charged on the transaction you made, doing that the client does not know how much the bank charged: you can say that the client is “blind” in this case and due to that banks will always try to get more money from the transaction just by applying a little more fees that should not be there. Another way a bank uses to gain more money consists in using a lower exchange rate: by doing this the bank makes you think that you are going to pay less money, instead, if you are going to transfer a big amount of money, even that little exchange rate is going to make the difference in the whole transaction.

Relying on a money transfer company could be even worse: since they are a specialized company, they are going to charge you more money for that reason, they could also try to make you think that the option they want to sell you is the best one, as a bank would do, and trick you into paying more money, for the same transaction without gaining anything by doing that.

But, luckily, nowadays there are a lot of ways to transfer money at cheaper prices, for example Currency Tube that consists in a service that allows you to make money transfer from United Kingdom to African or Asian countries which costs less than banks and money transfer company and it also gives you a breakdown of fee and exchange rate before the transaction is completed.

Finace / Money Transfer / Currency