How to Send Money to Yourself Internationally

Whether you're traveling, working abroad, or managing finances across borders, the need to send money to yourself internationally can arise frequently. Thankfully, with the advancements in financial technology, this process has become simpler and more efficient. In this blog, we'll explore two popular methods for transferring money internationally: Western Union and Revolut.

Western Union: A Trusted Name in Money Transfers

Why Choose Western Union?

Western Union is one of the most well-known names in the money transfer industry. With a presence in over 200 countries and territories, it offers a reliable and extensive network for sending and receiving money internationally. Here are some reasons why you might choose Western Union:

• Wide Reach: Western Union has a vast network of agent locations, making it easy to send and receive money almost anywhere in the world.
• Multiple Transfer Options: You can send money online, via the Western Union app, or in person at an agent location. The funds can be received in various ways, including bank deposits, cash pick-ups, or mobile wallets.
• Speed: Depending on the transfer method, funds can be available for pick-up within minutes.
• Security: Western Union employs robust security measures to protect your money and personal information.

How to Send Money to Yourself with Western Union

1. Create an Account: Sign up for a Western Union account online or through their mobile app.
2. Choose the Transfer Method: Decide whether you want to send money to your bank account, for cash pick-up, or to a mobile wallet.
3. Enter Transfer Details: Provide the necessary information, including the amount, currency, and your recipient details (which, in this case, will be your own details in the destination country).
4. Review and Send: Review the transfer details, including fees and exchange rates, before completing the transaction.
5. Track Your Transfer: Use the tracking number provided to monitor the status of your transfer.

For more information or to start a transfer, visit Western Union.

Revolut: Modern Banking for the Global Citizen

Why Choose Revolut?

Revolut is a digital banking app that offers a range of financial services, including international money transfers. It has gained popularity for its user-friendly interface, low fees, and innovative features. Here are some benefits of using Revolut:

• Low Fees: Revolut often offers lower fees and better exchange rates compared to traditional banks.
• Convenience: Transfers can be made directly from your phone through the Revolut app.
• Multi-Currency Accounts: Revolut allows you to hold and exchange multiple currencies within your account, making it easier to manage international finances.
• Instant Transfers: Depending on the destination and recipient bank, transfers can be completed almost instantly.

How to Send Money to Yourself with Revolut

1. Sign Up for Revolut: Download the Revolut app and create an account.
2. Verify Your Identity: Complete the identity verification process as required.
3. Add Funds: Top up your Revolut account using your local bank account, debit card, or another funding method.
4. Initiate a Transfer: Go to the 'Payments' section of the app, choose 'Send', and select 'Bank Account'.
5. Enter Transfer Details: Input your recipient details (which will be your own details in the destination country) and the amount to transfer.
6. Review and Confirm: Check the exchange rates and fees before confirming the transfer.

For more details or to download the app, visit Revolut.

Conclusion

Sending money to yourself internationally has never been easier thanks to services like Western Union and Revolut. Whether you prefer the traditional reliability of Western Union or the modern convenience of Revolut, both options provide secure and efficient ways to manage your international finances. Choose the one that best fits your needs and enjoy the peace of mind that comes with knowing your money is in good hands.

Gaspar Michel

Gaspar Michel is a real estate agent in Tulum. I have lived in the Riviera Maya for 3 years and I can help you navigate the pros and cons of each city. I can help you if you are looking to buy a new home for yourself/family, a vacation rental, and/or both. I can help you find your dream home even if you are not a Mexican citizen.