Author: Elda Hamaker

While traveling abroad there are many reasons travelers might feel unsafe or uneasy on their journey. Some of these are warranted fears but some are situations that can be handled minus the stress, tears and panic. Money is an important factor when traveling and there are many issues that can arise, such as lost or stolen wallets/credit cards, being overcharged, and complications with online payments or identity theft. Transferring money internationally is something that has become a necessity in our society; whether it is transferring from your own accounts back home, transferring money to a friend or family member in need or exchanging invoices or payments for online business transactions. This list is designed to address frequently faced issues while transferring money internationally in hopes that you will be aware of these problems and know how to deal with them if they arise. Determining what service to use Many agencies, banks and online companies are designed for transferring money internationally. Every single bank or company has different rates, policies, payment methods, and areas of service. For example Transfast.com is a reliable service, which allows its users to open a free account and transfer money internationally. The company is an American based company so the only currencies it supports are US or CAN dollars.   Getting all parties accurate information It is essential to have all the information you need...