Guides

Transforming Traditions: Money Exchange Houses

Money exchange houses are important part of international remittances, particularly in regions like the Middle East, where a substantial expatriate population relies on these services for sending money home. As digitalization transforms the remittance landscape, money exchange houses are navigating a pivotal transition, balancing traditional operations with the incorporation of digital innovati...

Exploring AI in International Money Transfers: Sendrater's Experiment with LLMs

At Sendrater, we are diligently observing the dynamic field of AI, particularly focused on how emerging advancements can elevate our customer experience. This journey, rooted in a culture of innovation, has steered us towards experimenting with Large Language Models (LLMs), especially in the realm of custom GPT models. Although still in the nascent stages, we are guided by the principle that kn...

Sendrater Comparison Methodology: Balancing Accuracy and User Needs in Money Transfer Comparisons

We designed our comparison methodology to evolve with the needs of our users, ensuring that our platform remains a leading resource for fair, accurate, and comprehensive money transfer comparisons.

Below are the basics:

Confused About the Number of Compare Remit Sites? We Are Too.

As a first-generation migrant thriving in a foreign land, the need to send money back home is both a responsibility and a privilege. Traditionally, you might have used services like the Bank of America wire transfer or other mainstream banking avenues. Yet, the digital realm whispers of more tailored options, leading you to terms like "send money internationally" or "world remittance". You're g...

The Evolving Landscape of Hidden Fees in Money Transfers

The absence of physical goods in money transfers doesn't justify high fees, yet they prevailed due to a lack of competition. Today, emerging competitive players are reshaping the industry, moving towards transparency and lower fees. This article delves into this evolution, spotlighting...