In today’s world, you have tons of options if you want to send money to friends and family in El Salvador. There are tons of apps that allow you to send money, and of course, you can always send a check in the mail. However, one of the best ways to send money abroad remains the money transfer service.
Well, you’ve got tons of choices with transfer services too! How do you know if you’re using a good one? Here are four ways a good money transfer service will make sending your money affordable and convenient.
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Transfer Fees
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The first thing you should take a look at are the fees associated with the service. Most will charge fees that include:
- Sending money from a bank account
- Sending money with a debit card
- Sending money instantly
The best money transfer services will keep these fees low, and fees will be even lower when you send large sums of money. Some transfer services will even waive the fees for first-time users.
Don’t forget about the exchange rate! Although it’s not technically a fee, it’s still more money you’ll end up paying in the long run if you choose a transfer service that doesn’t have a good rate.
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On-Time Delivery
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Often, when sending money, the recipient can’t exactly wait around for days or weeks for the cash to arrive, especially if they have bills to pay. If you send money for a birthday or a celebration, you don’t want them to have to wait either!
Look for a transfer service that is very clear about their delivery times. It’s even better if you can find a company that guarantees those times. That way, if they don’t uphold their end of the bargain, you can get your money back, including the fees associated with the transaction.
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Track Your Transfer
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Sending money can cause a lot of stress. Especially since there are plenty of convincing scammers out there who would love to get their hands on your money.
A good money transfer service will allow you to see where your money is at every stage of the process. They will also notify you as soon as the money has been delivered so you can check in with the person you’re sending money to in order to make sure they got it.
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Send Money From the Comfort of Your Own Home
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One of the best things about modern money transfer services is the fact that you can transfer money from the comfort of your own home! All you have to do is make sure your financial account is linked to your account on their website and you can initiate a transfer in a matter of seconds.
It may take a little bit of time, but it’s well worth it to do your research and find a quality transfer service that will enable you to send money quickly and easily without breaking the bank.
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