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Since then, the company has become one of the biggest international money transfer services. With Western Union, you can make international money transfers to over 200 countries and territories ...
Best for: International transfers. Pros. Send money to over 200 countries. Estimator tool to determine exact fee in advance. Cons. Recent FTC lawsuit.
An international money transfer is a way of wiring money electronically from one country to another. This is typically done through a shared network of banks and other financial organizations.
Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.
WorldRemit is a digital cross border remittance business that provides international money transfer and remittance services in more than 130 countries and over 70 currencies. It was founded in 2010 by Ismail Ahmed, Catherine Wines, and Richard Igoe. [3]
Regular money transfer versus peer-to-peer money transfer, as used by Wise. Wise was cofounded in London by Taavet Hinrikus, one of the first employees of Skype, [8] and Kristo Käärmann, a Deloitte management consultant. Hinrikus moved from Estonia to London around 2006, when he began experiencing the challenges of international money transfers.
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