Expats are losing out when they transfer money abroad
When it comes to making international payments, expats are paying more than they have to. One of the big reasons for this is the fact that so many of them still use their banks. Maybe you do too – well, you've always stuck with your bank for everything else so to use them to make international payments is the easiest thing to do, right? Wrong.
By using your bank, you will generally lose more of your money through poorer exchange rates.
With that in mind, US Expat Tax Help is pleased to have partnered with World First to bring you an international payments service that will actually help you to save money.
World First is one of the leading international payments companies in the world. They make international payments quickly and safely, give truly exceptional service and offer better exchange rates than the banks, which means more of your money stays with you.
Even if you have an account in the same bank - ex a Canadian account and a US account - and you need to transfer between the two, World First can make the transfer and save you money.
They specialize in both large and small transfers, and offer a broad range of products to make your international payments as efficient as possible. Take advantage of their dedicated phone service or make your transfers online 24/7 via their easy to use online platform. They communicate with you clearly through the entire process and are there at any time if you have questions or concerns. Opening an account with World First is free and there is no obligation to transact.
US Expat Tax Help users will receive preferential rates when they use World First. Remember to quote US Expat Tax Help when you register.
Find out more about their services by visiting their website here.
Moving your money abroad can sometimes seem like a daunting process, but it doesn't need to be. Use World First, and they’ll make it a whole lot easier. And they’ll save you a bit of money too. Win, win!
Stephen Stambaugh, EA | 04/25/2014