Cheapest Way to Send Money TO America?

[eekee 182]

What's the cheapest way to send money to America? Western Union? Or is there a better option?

[Y&E 12]

There are quite a few discussions about this on here and XE trade seems to be a popular choice. I used them and I think I only paid £15 in fees.

[1HappyGuy 45]

It usually depends on the amounts being sent. If you are planning a very large transfer, then often bank wires are better as they often have standard transfer charges for the wire transfer. If it is a smaller amount then Western Union has a pretty cheap method assuming you are willing to wait 48 hours to pick up the money. I send money to Ukraine with the 48 hour delayed pickup and it costs only 3%.

[Bad_Daddy 2,209]

It usually depends on the amounts being sent. If you are planning a very large transfer, then often bank wires are better as they often have standard transfer charges for the wire transfer. If it is a smaller amount then Western Union has a pretty cheap method assuming you are willing to wait 48 hours to pick up the money. I send money to Ukraine with the 48 hour delayed pickup and it costs only 3%.

+1 for Western Union. You can do it from home online, it's fairly cheap, and it's easy.

[eekee 182]

I only have physical cash, so I don't think online would work.

[eekee 182]

There are quite a few discussions about this on here and XE trade seems to be a popular choice. I used them and I think I only paid £15 in fees.

won't work for me because I actually need to go somewhere that has outlets in Russia where I can send banknotes.

[Captain Hammer 113]

How much money are we talking? Russia has WU outlets, don't they?

[Sergi9 110]

What's the cheapest way to send money to America? Western Union? Or is there a better option?

Send directly to me, I will take care of the rest. No problem

[VanessaTony 3,567]

I use paypal and I pay next to nothing in fees. I sent $1k and the fee was less than $5. transferred it from my Aussie account to my Aussie Paypal account (free), then to my US paypal (around $5) and then to US bank account (free). The rates were up-to-date and you can pay the fee either when you send it, or after it's received.

[eekee 182]

Err yes if the money were in a bank account and paypal actually allowed Russian bank accounts, that would be helpful. Sadly, neither of those two things apply.

[Turboguy 6]

Moneygram works like Western Union but has a few less agents. It is about half the price of Western Union. It can be done online at www.emoneygram.com

Edited March 16, 2011 by Turboguy