Transfer Money Abroad
Transferring money abroad, also known as international money transfer or wire transfer, can be done through various methods, including:
- Bank-to-Bank Transfer: You can initiate a bank-to-bank transfer through online banking or mobile banking. You will need to provide the recipient’s bank account number and routing number.
- Online money transfer services: Services such as Western Union, MoneyGram, and PayPal allow you to send money to another country. Users will need to provide the recipient’s information and pay a fee for the transfer.
- Foreign Currency Transfer: You can transfer money in foreign currency through a bank or a specialized currency exchange company. This can be useful if the recipient needs the money in their local currency.
- Cryptocurrency: You can also use cryptocurrency such as Bitcoin, Ethereum, and Litecoin to send money abroad.
RemitM is registered with the Information Commissioner’s Office (ICO), the UK’s independent authority set up to uphold information rights in the public interest.
All clients’ funds are held in a dedicated client account separate from RemitM’s funds, in line with our regulatory framework and consistent with good practice.
We earn no interest from holding client funds, as your payments and transfers are not held by us and are remitted to recipients upon receipt.
Your data is transmitted in a secure way and all password data is encrypted.