Guides

Banks, Traditional Money Transfer Providers, or PayPal-Like Solutions Don't Always Have the Best Rates

Think banks are your only options for sending money? Think again. While they're reliable, they often come with high fees and less-than-ideal exchange rates. But there's a world of alternatives out there. Platforms like Sendrater.com compare rates in real-time, helping you find the best deal. Lesser-known services like TapTapSend and Nala are making waves with low fees and fast transfers, especi...

The History of Money and Remittances: From Barter to Bitcoin and Beyond

Ever wondered how a sack of potatoes could evolve into a Bitcoin? The journey of money and remittances is a tale as old as time, but don't worry, we've got the story. From the Lydians minting the first coins to the digital revolution, knowing the past can help you navigate the future. Did you know that telegraphs once changed the game in international transfers? Or that wars influenced how sold...

Understanding Hawala: A Complete Guide on How it Works and its Legal Status

Hawala: it's not your typical money transfer system. Operating in the shadows of formal financial institutions, this traditional trust-based network offers a quick and often fee-free way to send money across borders. But it's not without its risks. From legal ambiguity to the potential for fraud, Hawala walks a fine line. Want to know if it's the right fit for your remittance needs or if there'...

Why Choose a Specialized Currency Provider and How Can I Pay?

TL;DR:

• Specialised currency providers offer competitive rates and lower fees compared to traditional banks.
• Payment options are diverse, including bank transfers, debit/credit cards, and some even offer cryptocurrency options.
• Using a vetted platform like Sendrater.com can streamline the process, saving you time and money.

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Choosing Your Payment and Receiving Methods Wisely

TL;DR:

• Different ways to send and receive money impact your cost.
• Know your options to pick the most economical method.
• Use Sendrater for transparent, full-cost comparisons.

Different Payment and Receiving Methods

When sending money, your options include bank transfers through popular banks like