International transfer: see how to send money abroad

Whether you send money to your family and friends, pay for products or services, or invest, International remittances allow individuals and companies to move funds between countries. In an increasingly connected world, it is important to understand the best options for making these transfers.

In this article, We have brought together all the information so that you can perform such transactions safely.. At the end of the read, use one of the TecMundo Coupon codes to guarantee a discount on your international shipping.

International shipping: what is it?

International remittance refers to the transfer of money from one country to another.. This application is used for various purposes such as providing financial support to family members abroad, payment for services provided by foreign companies, purchasing property or investing in global markets.

There are different types of international transfers that vary depending on the sender’s needs and each country’s policies. For example, we can talk about bank transfers made through financial institutions (such as banks). Fintechs specializes in foreign exchange (like Remessa Online).

How to ship internationally?

The process of sending money abroad may vary depending on the method chosen. In the case of bank transfers, the sender will usually need to provide the recipient’s bank details, such as their account number and SWIFT/BIC code, in addition to filling out an exchange form with the transfer information.

In services such as Remessa Online, It is possible to use an intuitive online platform that will guide you through the process and make everything clearer.. Simply create an account, enter the recipient’s information and make the transfer via TED or PIX. Depending on the currency, amount and country sent, the money will arrive in the beneficiary’s hands within a few minutes.

How much does it cost to ship internationally?

It is important to note that transfers are subject to fees and taxes that vary depending on the amount sent and the destination country. It is important to be aware of these costs before making an international transfer.

1. Financial Transactions Tax (IOF)

IOF is a federal tax applied to a variety of financial transactions, including international transfers. In these transactions, the IOF rate can vary between 0.38% for transfers to third parties and 1.1% for the same ownership.

2. Bank fees

3. Currency spread

HE radiate Exchange rate refers to the difference between the buying and selling price of a foreign currency. When making an international transfer, you usually need to convert the amount into the destination country’s currency, and the exchange rate difference can affect the final cost of the transaction. It is important to know what practices the financial institution uses to avoid unpleasant surprises.

4. Currency Conversion Fees

5. Collection of fees in the destination country

Finally, it is important to consider any fees that the bank or financial institution in the destination country may charge. When receiving an international transfer, the recipient may be required to pay additional fees to access the funds. These fees vary depending on the country and financial institution used.

How to choose the best option for international shipping?

When choosing an international shipping service, it is important to consider various aspects such as safety, convenience, and costs. Costs may vary depending on a variety of factors such as quantity shipped, destination country, and shipping method selected.

Typically, fees for bank transfers using traditional banks are higher, while services like Remessa Online offer competitive and transparent rates.

To save money on international shipping, it is important to compare the rates and fees offered by different companies. and choose the option that best suits your needs. Also take advantage of the promotions and discounts offered by these companies. Online Shipping Coupon 15% discount for TecMundo readerscan help reduce transfer costs.