International Money Transfers

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coynerone
Posts: 16
Joined: Thu May 28, 2020 6:55 pm

International Money Transfers

Post by coynerone »

I need to send a monthly payment to an individual in Canada with my USD arriving there as CDN. I would like to do that online.
Does anyone have experience with Transferwise or Moneygram or Remit? They seem to work until they don't The bad reviews indicate shutting of accounts and frozen funds and the losing of money. I could do it with BofA but the fees and the exchange rate are less than ideal.
Thoughts?
DJZ
Posts: 83
Joined: Fri Jul 03, 2020 6:42 pm

Re: International Money Transfers

Post by DJZ »

I have used TransferWise to send money to England and India and several African nations and had an excellent experience in each of about five cases. They are excellent. I haven’t used the other services you mentioned.
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