International Transfers

Every immigrants certainly has considered supporting their family in their home country as soon as they are able to stand well on their feet. So, we are not surprised you want to know what to expect. Again, it solely lies with your bank. Some banks have low remittances while others are high, some gives allocated free remittances per a certain duration, for instance, a bank might give newcomers two free remittances per month for the first two years of opening an account.

The important thing to remember is that you have options, and you don’t have to pay huge amounts of fees to send money back home. You should equally check with your bank how much it charges for domestic transfers, this is part of the pros and cons to note when choosing a bank so you don’t end up overpaying.