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What is the cheapest way to send money home?
Short answer
It depends on the country and amount. Compare total cost, including fees and exchange rate, across banks, credit unions and transfer services.
See every step in 1 minuteOpening a bank account when you’re new to the US
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Official sources
- FDIC: opening a bank accountfdic.gov
- NCUA: find a credit unionncua.gov
- CFPB: sending money abroadconsumerfinance.gov