What are the best ways to send money internationally using Venmo?

3 answers

• Franciele OliveiraMar 05, 2024 · a year ago
  One of the best ways to send money internationally using Venmo is by linking your Venmo account to a supported international bank account. This allows you to transfer funds directly from your Venmo balance to the recipient's bank account. It's a convenient and secure method that ensures quick and reliable transfers. Just make sure to check if your recipient's bank is supported by Venmo before initiating the transfer. Another option is to use Venmo's partnership with TransferWise. TransferWise is a trusted and popular international money transfer service that offers competitive exchange rates and low fees. By linking your Venmo account to TransferWise, you can easily send money internationally with just a few clicks. This option is especially beneficial if you frequently make international transfers. If you prefer a more traditional method, you can also consider using Venmo to send money to a trusted friend or family member who has a local bank account in the recipient's country. They can then withdraw the funds and transfer it locally to the intended recipient. Although this method may involve additional steps and fees, it can be a viable option if other methods are not available. Overall, the best way to send money internationally using Venmo depends on your specific needs and preferences. It's recommended to compare the exchange rates, fees, and transfer speed of different methods before making a decision.
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• Saudagar 88Sep 03, 2022 · 3 years ago
  Sending money internationally using Venmo is a breeze! Just make sure you have a verified Venmo account and link it to your bank account or debit card. Once that's done, you can easily send money to anyone around the world. Venmo uses the recipient's email address or phone number to identify them, so make sure you have the correct contact information. It's a convenient and hassle-free way to send money internationally without the need for complicated wire transfers or expensive fees. Give it a try and experience the simplicity of Venmo for international money transfers!
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• Farouk OguntolaOct 11, 2024 · 8 months ago
  As an expert in the field, I can confidently say that Venmo is a great option for sending money internationally. With its user-friendly interface and seamless integration with popular payment platforms, Venmo makes international money transfers a breeze. However, it's important to note that Venmo is primarily designed for domestic transactions. While it does offer some international transfer options, the availability may vary depending on the recipient's location. For a more comprehensive range of international money transfer services, I would recommend exploring dedicated platforms like TransferWise or traditional wire transfers through your bank. These options often provide better exchange rates and lower fees for international transfers. Nonetheless, Venmo can still be a convenient choice for smaller international transactions or transfers between friends and family members.
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