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Ask:HN Best services for sending money abroad
I'm based in Canada and pay people (in USD) in both Turkey and Brazil on a regular basis (developers). Would be interested to know what people are using to make international transfers at below Paypal / Bank transfer fees.
- dviola 12y agoBitcoin. Then use localbitcoins to exchange to local currency. Most exchangers do the conversion very quickly from what I've seen.
- kris-jagasia 12y agosorry, forgot to post as reply, how do you get your head around changes (often volatile) in bitcoin value, when you're just using it as a money transfer protocol
- seekingcharlie 12y agohttps://www.xoom.com/ https://www.xoom.com/ http://transferwise.com/ http://transferwise.com/
- Varlski 12y agowww.transferwise.com
- kris-jagasia 12y agodoesn't deal with Turkey unfortunately, looks like a kick ass product though
- mattm 12y agohttp://www.xe.com/xetrade/ http://www.xe.com/xetrade/
- hackertoolbox 12y agohttps://www.dwolla.com/ https://www.dwolla.com/ seems interesting. Tracking the "money transfer" tools at http://www.hackertoolbox.com/tags/money%20transfer http://www.hackertoolbox.com/tags/money%20transfer
- kris-jagasia 12y agounfortunately, dwolla is US accounts only, Xoom, transerwise don't deal with Turkey, xe or Bitcoin may be the only options
- Avalaxy 12y agoBitcoin. The cheapest and probably the fastest way.
- kris-jagasia 12y agothanks guys
- kris-jagasia 12y agoFor people that use bitcoin as their international exchange protocol, how do you get your head around the possible changes in Bitcoins value, especially if it's going to take you a week or so to do the transfer (by the time your transactions get processed/validate)
- kris-jagasia 12y agounfortunately, dwolla is US accounts only, Xoom, transerwise don't deal with Turkey, xe or Bitcoin may be the only options