- Fair service fees and mid-market rates – a major market differentiator
- Next-day delivery for most currencies
- Easy-to-use app
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Receiving money from overseas may seem like a foreign concept, but with the right tools at your disposal, you can find the best deal and have access to your funds in little to no time at all.
Use our comparison table to see how much money you could receive when sending through different money transfer companies. Enter the amount you’ll be receiving, the currency it will be sent in and click Calculate.
In order to receive money from overseas, you will need to provide specific details about your bank, including:
If you decide to pick the transfer up as cash or have it delivered to a digital wallet the information you’ll need to provide will vary.
Receiving money is quite simple and the process may differ depending on the service provider used to send the funds. With some money transfer services, you need to request the transaction reference number from the sender and present the number along with your identification documents. You mayalso be required to fill out a receive form to access your funds.
With online transfers, the funds are deposited into your account, after which you can withdraw them. You can also receive funds through a prepaid card or mobile wallet.
Yes, unless the money transfer falls into specific categories. In short, when receiving more than $10,000 from abroad you must report it on your taxes. Read our guide on tax regulations for incoming transfers into the US to learn more.
Receiving money from overseas doesn’t have to be expensive or stressful. By comparing your options you can make sure you aren’t paying too much in fees or losing money to a poor exchange rate. Read our comprehensive guide on money transfers to learn more about how to save money when sending and receiving money from overseas.
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