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Crucial tips on how to save money on international money transfers.
Most people today use digital platforms for their banking needs. In fact, a survey among U.S. consumers shows that 77% prefer using mobile apps and online channels when making financial transactions. While almost all major banks now offer these digital channels, many are still looking for more consumer-friendly banking services.
Unlike other money transfer and payments services, Venmo doesn’t handle foreign currency conversions, cross-border fees, and international payout methods like cash pickups or bank deposits. This means that if you’re supporting family overseas, working with international clients, or transacting in multiple currencies, you can’t Venmo it.
With over 37 million Mexicans living in the U.S., money transfers are more than just transactions—they’re a lifeline. You want a method that's fast, affordable, and secure, whether you're supporting family or covering expenses back home.
When sending money to loved ones abroad, high fees and hidden charges shouldn’t stand in the way. Every dollar you send matters, which is why BOSS Money is committed to providing you with affordable transfer options.
Need a US bank account but don’t live in the United States? Well, you might be able to open a US bank account as a non-resident by exploring non-traditional ways to do so.
