USPS money transfer review February 2018 | finder.com

USPS Sure Money money transfer service review February 2018

Send money to Latin America securely and easily with a wire transfer from USPS.

If you need to send funds overseas USPS offers wire transfers that are available through the Sure Money program. You can use it to send up to $1,500 per day to 10 countries in Central and South America.

Product NameUSPS
Min. Transfer Amount$0
Max. Transfer AmountNo limit
Transfer Methods
International Money Order
Transfer Options
Banking PartnerUSPS
Customer Service
PhoneEmailBranch
Available CurrenciesALL, ARS, BBD, BOB, BSD, BZD, CAD, COP, CVE, DOP, GNF, GTQ, GYD, HNL, JMD, JPY, MXN, PEN, SLL, SVC, TTD, USD, XCD, XOF

USPS exchange rates

Transfers to Ecuador, El Salvador, Nicaragua and Peru through the Sure Money program are made in US Dollars.

However, transfers to Argentina, Colombia, the Dominican Republic, Guatemala, Honduras and Mexico are made in the local currency of the receiving country. Exchange rates will apply to these transactions, with Sure Money rates updated regularly to keep pace with market rates.

You can review the exchange rate that applies to your transaction before you confirm your transfer details.

How much does it cost to transfer money with USPS?

For transfers through the Sure Money program, an $11.75 fee applies for transfers of up to $750 and a $17.75 fee applies for transfers between $750 and $1,500.

Minimum transfer amount and available countries

While no minimum transfer amount is listed, the maximum amount you can send through the Sure Money program is $1,500 per day.

Sure Money allows you to send wire transfers to the following countries and banks:

  • Argentina – BBVA Banco Frances
  • Colombia – Banco Davivienda and BBVA Colombia
  • Dominican Republic – Banco Providencial and Banco Del Progresso
  • Ecuador – Banco Guayaquil, Banco del Austro, and Banco Internacional
  • El Salvador – Banco Agricola, Banco Credomatic, Banco HSBC El, and Saladoreno
  • Guatemala – Banco Industrial, Elektra–Azteca, and Banco de Desarrollo Rural
  • Honduras – Banco Ficohsa, Elektra–Azteca, and Banco Mercantil. BAMER S.A.
  • Mexico – Banco BanCoppel, Elektra Mexico, and Telecom
  • Nicaragua – Banco BanCoppel and Banco Credomatic
  • Peru – Banco Interbank and BBVA-Banco Continental

If you ever need help with a transaction you can visit your nearest Post Office location. You can also check up on the status of a money order through the USPS website.

The registration and transfer process

Sending money overseas with USPS is easy, and a Sure Money wire transfer can be sent from your nearest Post Office.

Wire transfers require you to provide the details of your recipient, their bank account information and the reason you’re sending money overseas.

Pros and cons of using USPS Sure Money

Pros
  • Easy. Sending money overseas is as simple as visiting your nearest Post Office location.
  • Convenient pickup. Whether you send a wire transfer or an international money order, it’s easy for your recipient to access the cash you send.
  • Secure transactions. Wire transfers and international money orders are both considered to be secure methods of transferring funds overseas.
Cons
  • Limited locations. USPS only allows you to send funds to a limited range of locations.

Bottom line

If you’re looking for a safe, secure and convenient way to perform an international money transfer, USPS can help. However, make sure to compare the strengths and weaknesses of a wide range of transfer options before you decide on the best provider for you.

See how other services compare to USPS

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Frequently asked questions about USPS Sure Money

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