When is the best time to transfer money internationally

Send money abroad

Many people are unaware that the timing of a money transfer can significantly impact the outcome. Exchange rates and fees fluctuate throughout the day and even by season, so sending money at the wrong time can result in receiving less than you expected.

That’s why it helps to pay attention before you send money. If you check the rates first and choose a good provider, you can avoid extra costs. Some services add hidden fees or take longer to process, which means the person you’re sending money to might receive less.

But with BOSS Money, you don’t have to worry as much. The service is upfront about its rates, with no hidden fees or surprises. Additionally, transfers are processed quickly, so you won’t lose out if rates change. That way, more of your money reaches the right place.

Keep reading this blog to know when is the best time to transfer money internationally. We’ll also share some tips to help you save money and make sure you get the most out of your transfer.

Why timing matters in international transfers

Many people wire transfer internationally without considering how timing shapes the final amount. Timing matters because a poorly timed transfer can result in additional costs.

Banks and money transfer providers also add their own margin to the exchange rate. This means the advertised market rate is rarely the one you actually receive. Exchange rates fluctuate constantly, often changing several times a day. A slight change in the rate can make a noticeable difference in what the receiver receives. Although no one can fully predict the markets, monitoring them regularly can help you spot better moments to transfer money. Aligning transfers with market openings can also secure slightly better rates.

Busy periods bring another issue. Banks and transfer institutes often raise fees during high-demand seasons. As a result, queues grow longer, and delays become common. On the contrary, sending money during off-peak times, such as the middle of the month, can reduce costs and accelerate the process.

Best days of the week to exchange currency or send money

The day you send money can affect how much of it is received on the other end. Timing matters not only by month but also by week. In most cases, the best days to exchange currency are typically Tuesday to Thursday, in the middle of the week. During these days, markets are more stable and rates are less likely to shift suddenly. On the contrary, on Monday¹, markets are just opening after the weekend, so rates can be unpredictable. By Friday, demand for currency often increases, which can lead to higher costs².

Additionally, market openings in places like London or New York can impact exchange rates. It is also worth noting that public holidays create delays and less favorable conditions.

Additionally, providers adjust their rates at various times throughout the day. If you know when your provider updates rates, you can make better choices. The best time to exchange dollars to pesos, or any other currency, depends on these patterns. By paying attention to timing, you can avoid losing money and help funds reach your loved ones on time.

Best times of day for international transfers

The time of day you send money can directly affect how quickly it reaches the recipient. Banks usually process transfers until 5 p.m. local time. Therefore, any transfer made after that cut-off often gets pushed to the next working day. As a result, the recipient might have to wait longer than expected.

In addition, transfers made on weekends or public holidays face further delays. Since banks remain closed, most transactions are held until the next business day. Consequently, this waiting period can create stress for families who depend on remittances.

On the other hand, online services such as BOSS Money operate 24/7. These platforms allow transfers 24 hours a day, seven days a week. However, even when the service accepts your transfer instantly, the receiving bank may still process it more slowly. This shows why timing remains important regardless of the method used.

Moreover, time zone differences also matter. A transfer sent late at night in your country may fall outside business hours in another. In turn, this misalignment can extend processing times and slow down the entire process.

You can pick the best time to send exchange currency abroad by factoring in bank hours, weekends, and time zones. It is essential to plan ahead, as this means faster delivery and fewer delays, helping your money reach your family when they need it most.

Seasonal and economic factors

The international money transfer time is not only about the day or hour. Seasonal and economic factors also play a large role in how much value reaches your recipient. During major holidays, such as Christmas, New Year's, Easter, Eid, or Diwali, demand for money transfers typically rises. As demand increases, commissions and fees often rise as well. This means that a transfer made during these periods may incur additional costs.

However, some providers try to offset this effect. Services like BOSS Money offer lower fees or provide better rates. These promotions reduce costs for senders due to the necessity to send money during busy times. It is worth checking for these offers before sending money around holidays.

Changes in the economy can really shake up exchange rates. Sometimes, events such as elections, a spike in prices, or financial turmoil can cause currencies to fluctuate wildly. These ups and downs can happen fast, leaving your recipient with less money than intended. That’s why it pays to keep updated on any changes.

In contrast, transfers made during calmer periods usually provide more predictable outcomes. Monitor economic news to identify when markets are steady. Although you cannot always predict exact changes, waiting for stability can reduce risk.

By paying attention to both seasonal demand and economic conditions, you can choose better moments to send money. This approach helps protect your funds from high fees and unfavorable rates.

Sending money to Mexico

The best day to send money to Mexico often depends on the exchange rate between the dollar and the peso. These rates shift daily, and even small changes can reduce the value of a transfer.

According to experts, the best time to send money to Mexico is often midweek, generally from Tuesday to Thursday, which usually provides steadier rates because markets have settled after the weekend. In comparison, Monday openings and Friday closings bring more volatility and stronger demand.

It is also important to choose a reliable online money transfer service. A provider with low margins and upfront fees ensures that hidden costs do not erode the final amount. Services like BOSS Money offer transparent rates with no unexpected fees or deductions. However, be aware of the dollar-to-peso trend and market fluctuations to avoid delays when transferring money.

Tips to save money on international transfers

Saving money when sending money abroad takes more than just speed. Here are some ways to ensure your money retains its value.

Monitor exchange rates in advance

Exchange rates fluctuate frequently, sometimes changing several times a day. By watching rates for a few days or weeks, you can spot trends. For instance, sending money midweek usually means more stable rates than on Mondays or Fridays. While no one can predict the market, keeping an eye on it helps you avoid unexpected charges.

Choose services with clear fees

Some providers use hidden fees in addition to low rates. Initially, a low rate might look good, but you could end up spending more than you expect. Select services that clearly display all fees and rates. Companies like BOSS Money let you see the real cost before you send. This way, you know exactly how much your recipient will get.

Avoid sending money on weekends and holidays

If you send money on weekends or holidays, it often takes longer because banks are closed. Your transfer might not go through until the next business day. This delay can also mean the exchange rate changes while you wait. Sending money on weekdays is faster and more predictable.

Compare different providers

Different providers use different exchange margins, which can overall impact the transfer process. One company might offer a favorable fee structure, while another could provide a more competitive rate. Therefore, compare several providers before making a transfer to gain a clearer picture of which option delivers the best value.

Consider time zone differences

Time zones can impact how quickly your money reaches the recipient. If you send money at night where you live, it will be processed the next day. Plan for time differences in advance so your transfer goes through quickly³.

Look for promotions and discounts

Some providers lower fees or improve exchange rates during special promotions. Others reward frequent customers with loyalty programs. Taking advantage of these opportunities adds up to real savings. Therefore, it is essential to check for ongoing offers before making a transfer.

Why BOSS Money is a smarter choice

Choosing the right money transfer service makes a huge difference. Many providers advertise attractive rates, but beneath the carpet are the hidden charges that are deducted from the final amount. BOSS Money eliminates this problem with upfront rates and low fees. This way, you know exactly how much your recipient will receive. Additionally, new customers enjoy zero fees on their first one to three transactions, depending on the country of residence.

Speed is another important factor. Exchange rates can fluctuate, and sometimes the optimal time to transfer may be missed. However, BOSS Money allows you to send funds quickly, reducing the risk of further changes. This speed ensures that your loved ones receive money without unnecessary delays.

Another benefit is flexible collection. With BOSS Money’s wide network of cash pickup locations, your recipient isn’t limited by bank hours. They can pick up the money at their convenience, even outside normal business hours.

Conclusion

The best time to send money abroad depends on various factors. Rates fluctuate daily, and events such as holidays or inflation can impact costs. Because of this, many people choose to send midweek or avoid weekends when charges are often higher.

Planning ahead makes transfers easier. Monitor rates, send during a calm period, and compare providers so your family can receive maximum from your remittance. However, sudden changes can still occur, so don't be surprised by any unexpected developments.

The best way to handle this is to use a service that is transparent and dependable. BOSS Money offers simple pricing with no hidden charges, so you know the exact amount the recipient will get. Fast transfers also mean you do not miss out by waiting too long for the “right” time.

Sources: all third party information obtained from applicable website as of September 3, 2025

https://www.bankrate.com/personal-finance/best-time-of-year-to-send-money/
https://www.riamoneytransfer.com/en/blog/how-to-decide-the-best-day-for-a-currency-transfer/
https://freepricecompare.com/money/guides/timing-international-money-transfers/

This article is provided for general information purposes only and is not intended to address every aspect of the matters discussed herein. The information in this article is not intended as specific personal advice. The information in this article does not constitute legal, tax, regulatory or other professional advice from IDT Payment Services, Inc. and its affiliates (collectively, “IDT”), and should not be taken or used as such by any individual. IDT makes no representation, warranty or guaranty, whether express or implied, that the content in this article is current, accurate, or complete. You should obtain professional or other substantive advice before taking, or refraining from, any action on the basis of the information in this article.