International Wire Transfer

A wire transfer abroad is probably the most efficient way to handle large payments to a beneficiary’s account. The cost of $50.00 or more per transaction may however not make it reasonable for smaller payments.

At present, we do not offer wires or telegraphic transfers, but we have found that using a draft in a foreign currency does the trick just as well and at a considerably lower cost.

By mail, a draft can be practically anywhere in the world within a week. If sent via DHL, FedEx or UPS, it could reach your beneficiary in just a few days. All drafts are issued in the local currency and payable at a local bank which means that your beneficiary will have immediate credit as soon as the draft is deposited into a bank account.

Our fee for a draft is only $10.00, regardless of the amount.