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What is the cheapest way to send money to another country?
Short answer
It varies. Compare the total cost, including fees and exchange rate, by checking how much your family will receive from several licensed providers.
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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