Guides

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

Understanding Market Rates: The Key to Cheaper Money Transfers

Think you're getting a good deal on your remittance and money transfers? The market rate (also known as mid-market rate or spot rate) is the gold standard for currency value, and how close you get to it can make or break your transfer. It's not just about fees; the exchange rate can be a silent budget killer. Learn how to use the market rate as your benchmark and you could keep more money in yo...

How Remittance Transfers Work: A Detailed Guide

Sending money abroad can be confusing, especially with terms like SWIFT, BIC, and IBAN floating around. But these codes and terms are crucial—they're the backbone of international bank transfers and remittances that support families and even entire economies. Whether you're experienced or new to sending money overseas, this guide will help you understand your options and avoid hidden costs.