Save more when sending $10,000 internationally by using a money transfer service.
Our pick: TransferWise
When you need to send money, benefit from competitive mid-market exchange rates and straightforward fees with TransferWise.
- Fair service fees and mid-market rates — a major market differentiator.
- Next-day delivery to your loved ones and businesses.
- Trusted the world over, with five-star ratings on Trustpilot.
Compare your money transfer options when sending $10,000
Not only is a strong exchange rate important with larger transfers, but you’ll also want to find a transfer service that charges minimal or no fees. Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer partners.
What are my options?
While you could wire $10,000 through your local bank, in nearly all cases they’ll offer weaker exchange rates, higher fees and fewer options than a money transfer service will.
Unlike banks, money transfer services like OFX and World First specialize in one thing: transferring money worldwide. This expertise allows them shave down your overall costs — sometimes by hundreds of dollars. When sending $10,000, even a few more cents on an exchange rate can add up to major savings.
Exclusive offer: $0 fees with OFX and World FirstBecause they’re trusted partners of finder.com, OFX and World First are waiving transfer fees for our readers on all qualifying transfers. See how they compare to find the right one for your needs.
|Maximum transfer||No limit||No limit|
|Transfer fee||$5 for transfers of up to $5,000; no fee for higher amounts||$10 for transfers of up to $10,000; no fee for higher amounts|
|Transfer speed||2 days||1 day|
|Transfer methods||Online, phone, agent, bank-to-bank, money order||Online phone|
Case study: Sumon sends $10,000 to India
Sumon is relocating to California for a business opportunity. His parents will be staying back in Mumbai, relying on him to help with monthly expenses. Because he’ll be making regular transfers of $10,000 every quarter to India, Sumon decided to explore his options beyond the banks.
|Major US bank||Money transfer company|
|1 USD = 67.28 INR||1 USD = 67.52 INR|
|2–5 business days||1–3 business days|
|Online, in branch||Online|
|Total rupees received||671,320 INR||675,200 INR|
By skipping his bank for a money transfer service, Sumon saves himself the $22 transfer fee and is able to send nearly $60 more in rupees to his parents.
Transfer $10,000 from the United States
With larger transactions, even a small variation in the exchange rate can result in a big difference in what’s received in the end. Specialist money transfer services are expert at safely getting your money where it needs to go quickly and cheaply.
You may be looking for information on sending $10,000 overseas because you’re:
While you’ll meet most minimum transfers when sending $10,000, compare maximum transfer amounts to find the best option for your needs.
|Provider||Minimum transfer amount||Maximum transfer amount|
|World First||$250||No limit|
|Travelex International Payments||$500||No limit|
|Currency Online||$0||No limit|
What documents do I need to send $10,000 overseas?
If you’re sending a lot of money overseas, your bank may require proof that you are who you say you are. This includes:
- Government-issued photo ID. Such as a driver’s license or passport.
- Social security number. If you’re not a US citizen, check with your transfer provider for an alternative.
- Proof of address. Such as a utility bill or bank statement.
- Business documents. If you’re sending money on behalf of a business, you may need additional documents showing how you got the money, why you’re sending it overseas, who you’re sending it to and receipts or invoices if the money is being used to cover a purchase.
When sending $10,000 to another country, finding the best exchange rate can save you a lot of money and the best exchange rate usually won’t come from a bank. Choosing a reputable international money transfer company is the best way to make your transfer secure and affordable.