Save Hundreds on International Money Transfers

INTERNATIONAL MONEY TRANSFERS How much actually arrives? Banks and international money transfer companies make money from fees and converting currencies. I Total Amount Sent in USD $500 WESTERN UNION (online service) P PayPal Money Transfer Company Bank 1 Fees i Currency Conversion Costs $15.00 0.5% - 3.3% $20 – $50 $0 - $15 3.30% 3.5 – 4% 2% - 5% 2.00% 1 Total Amount Received in USD $469.00 $477.00 $454.00 $475.00 1 Total Amount Sent in USD $5,000 WESTERN UNIONI PayPal (online service) Money Transfer Company Bank I Fees $30.00 0.5% – 3.3% $20 – $50 $0 - $15 i Currency Conversion Costs 2.62% 3.5% - 4% 2% - 5% 1.00% I Total Amount Received in USD $4,839.00 $4,770.00 $4,715.00 $4,95100 Notes: The Western Union results are based on using their online service using a credit card with cash pickup PayPal results are based on PayPal balance or linked bank account. Credit Cardor Debit Card aurrency conversion costs are 3.9% - 74% plus the Fee, depending on the country Bank Total Amount Received does not include fees often chargedby the receiving bank PayPal, Bitcoin and Western Union are registered trade marks of those respective companies Currencies and Countries change the costs While every care was taken at time of publishing, different results may occur due to different services, fees and aurrency comversion costs based on countries and changes to fee structures Source: Transumo.com based on an USD to CAD exchange and converted back to USD using the mid-market rate. FACTOIDS: Obitcoin 9% $600om 1 Cryptocurrencies like Bitcoin may be attractive altematives in the future, but volatile swings in their value have slowed adoption. Compound Annual Growth: The rate of increase of import of goods and services across the globe. is remitted globally I Money Transfer Companies or FOREX services offer an efficient way to transfer money cost effectively. Source: World Bank, Migration and Development Brief, April 2013 Source: World Bank, World Bank Indicators, 2011 1 Choosing a Money Transfer Company is best based on Transumo.com Security, Service and Cost. For more information go to