Which banks offer international transactions?
Bank of America is a good option for those who want to send money to countries that are not covered by other banks. Wells Fargo: Wells Fargo is another popular bank in the United States that offers competitive exchange rates and low fees for international wire transfers.
Bank of America is a good option for those who want to send money to countries that are not covered by other banks. Wells Fargo: Wells Fargo is another popular bank in the United States that offers competitive exchange rates and low fees for international wire transfers.
- SBI International Debit Cards.
- HDFC EasyShop Platinum Debit Card.
- ICICI Bank Sapphiro International Debit Card.
- Axis Bank Burgundy Debit Card.
- YES World Debit Card.
- HSBC Premier Platinum Debit Card.
- Bank of Baroda (BoB) Visa Vyapaar DI Debit Card.
| S . No. | Best International Money Transfer Service Providers | Rating |
|---|---|---|
| 1 | BookMyForex | 4.5/5 |
| 2 | CurrencyFair | 4.3/5 |
| 3 | Axis Bank | 3.7/5 |
| 4 | ICICI Bank | 3.6/5 |
Wise: a low cost, flexible international bank alternative
With Wise you can hold 50+ currencies, spend with your Wise card in 170+ countries, and send money to 80+ countries quickly — or even instantly¹, with the mid-market exchange rate and low fees from 0.41%².
In order to complete an international wire transfer online, you'll need the following information about the bank receiving the funds: Recipient bank name, address and country. Recipient bank's routing code and recipient's account number.
Each bank or credit union has their own rules and regulations on sending and receiving wire transfers. Not all financial institutions offer both domestic and international transfers, though. As you'll see below, a number of banks don't offer international outbound wire transfers.
Zelle is only available for customers with a US bank account and US registered mobile number. That means it's not an option for sending international payments to friends and family overseas.
Discover® Bank
Discover doesn't charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations. With an HSBC Premier Checking account, customers pay no foreign transaction fees. HSBC also has a worldwide network of ATMs.
Yes, cards issued by U.S. Bank can be used in most foreign countries. If you're planning to travel and want to use your card, let us know. This will help reduce declined transactions on your trip. Knowing your trip details also helps us protect you from fraud.
What is the downside of international transfers with your bank?
They are reliable, widely known, and acknowledged by various institutions and businesses around the world. However, it also has its downsides, such as additional fees, technical limitations, and long periods of waiting (several days to a week). You can put bank transfer as one of your main methods to send funds.
How much do international bank transfers cost? Every bank is different, but in general you can expect them to take as much as 3-4% of your total transfer as a fee when you send money internationally. Thankfully, despite that, a lot of banks will try to cap the amount they charge their customers.
| Credit Card | Foreign transaction Mark-up Fee |
|---|---|
| HDFC Bank Regalia Credit Card | 2.00% |
| HDFC Bank Diners ClubMiles Credit Card | 3.00% |
| Axis Bank Burgundy Private Credit Card | 0.00% |
| Axis Bank Magnus Credit Card | 2.00% |
The U.S. consumer and commercial banking businesses serve customers under the Chase brand. Learn more. We operate in over 60 countries with more than 240,000 employees worldwide.
Wells Fargo serves middle-market and large corporations with a full range of international financial services through offices across the U.S. and throughout the world. Our extensive international coverage provides you with the global expertise and the on-the-ground support needed to help manage your global business.
Manage your money across the world
Citi International Personal Bank is committed to providing you with an excellent international banking service.
The cheapest way to send money internationally is to transfer funds directly from your bank account to a recipient's bank account. Most transfer services charge additional fees for debit card or credit card payments and cash pickups. Credit card payments will incur additional charges from your credit card provider.
A certified money transfer service is the fastest way to send money internationally, and it's much safer than sending cash. With simple online platforms, using these services is also easier than setting up your own wire transfer to a foreign bank.
- foreign currency bank draft (or cashier cheque)
- demand draft (DD)
- debit card or credit card.
- money order.
- wire transfer.
- online (bank) transfer.
Chase Wire Transfer Fees
Incoming international: $15 ($0 if coming from Chase). Outgoing international: $5 if sent in foreign currency (or $0 for transfers of $5,000 or more); $40 (or $50, with banker assistance) if sent in U.S. dollars.
How much does SWIFT transfer cost?
SWIFT Transfer Charges
The charges include a transfer fee, an exchange rate, and a double currency conversion rate. Big banks and institutions charge 3-5% on the exchange rate for each transfer. The exchange rate also varies from bank to bank and is based on the amount you send.
The short answer is… yes! Paypal is available in over 200 different countries, giving companies the option to make cross-border payments and transfers via the app or website at PayPal.com. However, the process differs slightly depending on whether or not both the sender and recipient have a PayPal account.
1. Wise. Wise, previously known as TransferWise, is one of the best money transfer apps that enable both personal and business users to send and receive money internationally, check exchange rates, and manage bills from any location.
With PayPal you can send across the table and with Xoom* a PayPal service, you can send across the globe to more than 200 countries and markets.
The best way to avoid foreign transaction fees is to acquire a no-foreign-transaction-fees credit card, if you qualify for one. Next in line are checking accounts or debit cards with no foreign transaction fee. It is also possible to avoid the fee by paying in the local currency for purchases.
