How to Transfer Money Abroad Easily and Safely

This article discusses several easy and secure ways to transfer money internationally, using technology such as mobile apps to help you send money abroad.

In today’s business landscape, convenience is essential, especially when it comes to accessing financial services. Currently, there are many online financial services available that you should know about.

How to Transfer Money for International Transactions

These days, sending money abroad has become quite common. This service has become a necessity, especially for tech-savvy individuals and businesspeople. Here are some easy methods for transferring money internationally:

1. Transfez

Transfez offers a simple way to transfer money abroad, supporting transactions to 50 countries across 5 continents. To use it, simply download the app on Android or iOS.

For countries like the UK, Australia, and Singapore, transfers are almost real-time, meaning the money is received quickly and securely. Transfez provides many advantages, including fast transfers in just minutes, even internationally, and low fees. You can save up to 91% in costs.

2. Western Union

Western Union is a well-known service that offers relatively low transfer fees and easy access. It’s no wonder this service is widely used. All you need to do is visit the nearest Western Union agent to send money abroad.

Bring your ID (such as a national ID card) and fill out the remittance form accurately. Submit the amount to be sent along with the transfer fee, and complete the process with your signature.

Here are the typical fees charged by Western Union for international transfers:

IDR 100,000 – 1 million: IDR 45,000
IDR 2 – 10 million: IDR 90,000
IDR 11 – around 20 million: IDR 180,000
IDR 30 – 49 million: IDR 360,000
IDR 50 million: IDR 720,000

3. Bank-to-Bank Transfer

Unlike the previous options, this method sends money directly to the recipient’s bank account. You’ll need accurate bank account details to ensure the transfer goes smoothly.

Visit your bank and complete the required form with the amount you wish to send. This is a secure and direct option for international transfers.

4. ATM Transfer

Besides going through a bank teller, you can also transfer money abroad via ATM. However, you’ll need the SWIFT code of the recipient’s bank, which you can obtain by contacting your bank.

Be cautious when using an ATM to avoid sending money to the wrong account, which could result in significant loss. Always double-check the SWIFT code and account number.

5. PayPal

PayPal is a familiar and widely trusted virtual payment platform used globally for online shopping and business transactions.

To use PayPal for international transfers, both you and the recipient must have PayPal accounts. You’ll also need a credit card to verify your PayPal account.

6. Skrill / Moneybookers

Skrill is similar to PayPal and is popular among those who frequently make online transactions. As online transactions grow in popularity, more people are seeking secure, affordable transfer services like Skrill.

To use Skrill, you need to create an account. Skrill is known for being highly secure, making it a preferred choice for online financial transactions.

7. TrueMoney Wallet

With TrueMoney Wallet, you can send money abroad easily via a mobile app. Here’s how to use it:

• Open the TrueMoney Indonesia app and make sure your account is verified
• Go to the Transfer menu and select “Send/Transfer Money Abroad.”
• Choose the destination country
• Select your preferred delivery method (cash pickup, bank transfer, or TrueMoney Wallet)
• Fill in your personal information carefully
• Enter the transfer amount and tap “Next.”
• Review and confirm your transaction

8. MoneyGram

MoneyGram is another international money transfer service, available in 170 countries with hundreds of thousands of official agents worldwide.

Unfortunately, not many Indonesians are familiar with this service, even though it offers cheaper transfer fees than many other international money transfer services.

MoneyGram offers a wide range of features for sending or receiving money abroad. With all these convenient options, expanding your business network or shopping for international goods has never been easier, more affordable, and secure.

Download Transfez App

Transfez App can help you transfer money abroad more quickly and efficiently. Jack Finance can also help your business in making transactions abroad. For those of you who want to send money to relatives who are abroad because they are studying, working, or traveling, Transfez will be ready to help. This app is available on Android as well as iOS.