What is the best way to send money to the United States?
If you’re sending money to the United States (or anywhere else), you want the gap between what you send and what your beneficiary receives to be as small as possible.
Unfortunately, this won’t happen if you use a bank or traditional financial institution to move funds. Banks offer unfavorable exchange rates, and you also need a bigger budget to cover the expensive international bank transfer fees.
Fortunately, there are now better alternatives to banks when sending money abroad. These are online money transfer services that have lower fees and offer more favorable exchange rates.
One of the best online money transfer services is OFX. With OFX, you can get bank-beating rates and low or no fees1 on your international money transfers . You can also hold multiple currencies in your account so you can take advantage of rate fluctuations, and make fast and easy payments online 24/7.
To get started with OFX, all you need to do is register for an account. Once you’re registered and logged in, you can initiate your money transfer by entering the details of
your transaction. This includes the amount you’re sending, the currency you want to send, and your beneficiary’s bank account details.
OFX will then give you a live quote on the exchange rate, as well as any fees that may apply to your transfer. If you’re happy with the quote, simply confirm the transaction and OFX will take care of the rest.