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Money transfer articles

BOSS Money blog money transfer articles

Money Transfer

November 03, 2026

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9 minutes read

MoneyGram vs. Remitly: Compare fees, exchange rates, and transfer options

Discover how these various elements work together per platform. You’ll also get practical guidance on how to pick between the two based on different scenarios.

Money Transfer

September 18, 2026

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4 minutes read

Is BOSS Money safe?

BOSS Money is a legitimate money transfer service operated by licensed U.S. money transmitters.

Money Transfer

October 14, 2026

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12 minutes read

Remitly vs Western Union: Fees, rates, and features compared 2027

Sending money abroad is rarely just a matter of choosing the first transfer service that appears in a search. The fee, exchange rate, delivery method, and speed can all change how much your recipient actually gets.

Money Transfer

September 09, 2026

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8 minutes read

BOSS Money vs Wise for Brazil: Fees, rates, and features compared 2026

Searching for the best way to send money to Brazil from the USA can be a challenge, as digital money transfer services offer different fees, exchange rates, and delivery options.

Money Transfer

September 08, 2026

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11 minutes read

BOSS Money vs Remitly for Philippines fees, rates, and features compared 2026

BOSS Money and Remitly are two popular choices for sending money to the Philippines. Both support bank deposits, mobile wallets, and cash pickup. However, their fees, promotions, rates, limits, and delivery options are not the same.

Money Transfer

September 03, 2026

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10 minutes read

International wire transfer limits and regulations: What you need to know

You need to send $15,000 to your family abroad. But you’re wondering, is it allowed? Will your bank report it? Do you owe taxes? And is there a $10,000 limit?

Money Transfer

October 14, 2026

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9 minutes read

Europe currency guide: understanding the euro (EUR)

Europe, the EU, and the euro area get treated as interchangeable, and they're not. Europe is a continent of roughly 44 countries. The EU is a political and economic union of 27 of them. The euro area sits inside the EU, smaller still, made up of the countries that actually share the euro as their currency.

Money Transfer

October 14, 2026

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8 minutes read

Can you deposit cash at any ATM?

The confusion is understandable because ATM networks often let customers use another bank’s machine for basic services such as cash withdrawals and balance inquiries. Deposits work differently.

Money Transfer

August 24, 2026

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9 minutes read

What is annual income? Gross vs. net income and how to calculate it

Annual income is the total amount of income you earn over one year, or a 12-month period. Gross annual income is what you earn before taxes and applicable deductions. Meanwhile, annual net income is what remains after taxes and other deductions are taken out.

Money Transfer

August 21, 2026

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11 minutes read

How to read a check: A guide to every part and number

The numbers along the bottom are usually the trickiest part. A typical U.S. check has a routing number, an account number, and a check number. They can look similar at first, but each one identifies something different.

Money Transfer

August 19, 2026

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9 minutes read

What is a timeshare? And how does it work?

Timeshares promise a recurring vacation spot without requiring you to buy an entire second home. But the privilege comes with specific usage rules and long-term expenses.

Money Transfer

August 17, 2026

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16 minutes read

Best countries to retire abroad for U.S. citizens

Retiring abroad isn't the oddball choice it used to be. More and more Americans are packing up and starting over somewhere new once their working years are behind them. Sometimes it's about the money: the cost of living back home just keeps climbing, and a fixed income doesn't stretch the way it used to. Other times, people are simply craving a change after decades on the job.

Money Transfer

August 10, 2026

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12 minutes read

US taxes for expats in 2026: Guide for American expats

Moving abroad usually brings unexpected situations and a lot of figuring things out. One thing that American expats can expect NOT to change is their tax obligations. If you’re a US citizen living abroad, taxes are still part of the picture. The IRS still expects to hear from you.

Money Transfer

August 04, 2026

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11 minutes read

What is a digital wallet, and how does it work?

Digital wallets function much like their classic counterparts when it comes to storing money—but with the added convenience of helping you make payments, receive money, and send money. There are various digital wallets that you can choose from, and they can work with or without a bank account.

Money Transfer

August 03, 2026

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11 minutes read

Where to exchange currency in NYC: Best exchange offices & tips

New York City welcomes millions of tourists, international students, expats, business travelers, and immigrants every year. In fact, the five boroughs attracted more than 64 million visitors in 2025 alone. This makes it one of the world’s busiest travel destinations.


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*Fees are based on the currency, send amount, payment method, delivery method and payer that you select for your money transfer. You will be able to confirm the fee amount you will be charged before submitting your order.


Special Offers: From time to time IDT Payment may offer pricing or other specials for transfers to certain destinations up to certain amounts. See website or App for details. Standard fees apply to all other money transfers. Special offers are available only where IDT Payment Services, Inc. or IDT Payment Services of New York LLC (collectively, “IDT Payment”) is licensed. IDT Payment reserves the right to modify or discontinue any special offer at any time without prior notice.


BOSS Money transfer products and payment services are offered and serviced by IDT Payment Services, Inc., licensed money transmitter (NMLS 935577, MA FT935577), or IDT Payment Services of New York LLC, licensed as a Money Transmitter by the New York State Department of Financial Services (collectively, “IDT Payment”). IDT Payment may make money when it changes your dollars into foreign currency. Fees may vary by sales channel and location based on a number of factors and are subject to change without prior notice. Access to money transfer services and the transfer of funds may be limited, delayed or unavailable during certain periods and/or based on certain transaction conditions. Additional restrictions may apply. See Terms or Agent for details.


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