This info-graphic gives you a great idea of a typical process flow for an international wire transfer.

How Do International Wire Transfer Work?
International Wire transfers are an effective way to transfer money overseas. Wire transfers are is one of the most reliable and safe modes of sending money to your family or friends who live abroad. A wire transfer is an electronic funds transfer made from one individual or entity to another. Wire transfer through banks versus online vendors could be a more expensive affair, as online Forex vendors charge much lower rates. A standard international wire transfer takes anything between 24-48 hours.



Leave a Comment

Your email address will not be published. Required fields are marked *