We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.
Finance

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

How do I Choose the Best Free Wire Transfer?

By Harriette Halepis
Updated: May 17, 2024
Views: 3,991
Share

Sending money from one location to another requires a reliable free wire transfer service. Finding a trustworthy service is imperative. Begin looking for a free wire transfer service by finding out whether or not a service is truly free.

Far too many companies claim to offer free wire transfers while this may not be entirely true. Take the time to read the fine print before deciding upon any one company. Make sure that no fees will be applied to sending or receiving funds. Ask about foreign exchange fees, and whether or not processing fees apply. Contacting a customer service representative for payment details is always a wise idea.

Next, spend some time scouring a company website for speed information. A free wire transfer that takes more than five days to complete may not be worth your time. This information should be located directly on a company's website. If these details cannot be located, make sure to contact any company you are considering doing business with.

One crucial aspect of choosing any free wire transfer service is security. It is impossible to be too cautious when sending money to any location. It is unwise to conduct business with a transfer company that does not have a solid reputation. Check consumer reviews, contact the Better Business Bureau, and attempt to find out if a company has ever faced financial troubles. If a company seems suspicious, avoid dealing with this company at all costs.

Depending upon the amount of money that you intend to transfer, you may want to find out if any monetary limitations apply to transfers. Some companies do not allow large amounts of money to be transferred at the same time. Other companies may put a limit on how much money can be transferred during the course of one day. Again, if this information cannot be found, be sure to contact a company's customer service department prior to transferring any funds.

Speaking with people who have used a specific service before is also a good way to determine whether or not a transfer service can be trusted. As with most other things, finding out what company those around you deal with is a great way to discover a company that you can trust. Sending money through a free wire transfer safely and securely can be done by following the aforementioned steps. Researching each free wire transfer company prior to sending any money is a wise move.

Share
WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.

Editors' Picks

Discussion Comments
Share
https://www.wisegeek.net/how-do-i-choose-the-best-free-wire-transfer.htm
Copy this link
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.