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What is the cheapest way to send money abroad?
Short answer
It depends on the country, amount and how your family will receive it. Compare total cost across several licensed providers each time.
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Official sources
- CFPB: sending money abroad (remittances)consumerfinance.gov
- FTC consumer advice: money transfer scamsconsumer.ftc.gov
- NCUA: find a credit unionncua.gov