The best secured way of Sending and receiving money Overseas

Most secured way of Sending and receiving money Overseas

Whether you are a business man, a student or a civil servant there is always a time when there will be the need to send money from Nigeria to overseas and most people don’t know how to do this.

Based on this, I have decided to share a secured way of sending and receiving money overseas. If you actually want to send money to your family back home or you are one looking for a way to send money to your child who is studying in an international schools then this post is for you.

Below are proven way you can use to send money to your family, friends or business associate.

1. Use Bank wire transfers: This is just the most popular of all. With your bank account you can transfer money by using a wire transfer. It has been one of the convenient ways you can easily send money at your private time over the phone.

You can also do this through a local banking branch or through their online platform. But before you can do this, you may actually need to visit your bank for them to show you a detailed guide using their own format. Bank wire transfers has always been reliable.

2. TransferWise: This is another way you can transfer money abroad which has been known to be safe. The technology is based on a peer-to-peer system. Its simply an online money transfer service that allows users to transfer money at cheaper rate. You can get up to 8 times cheaper rate with TransferWise than with the bank.

Here, I discussed lots about how TransferWise works.