I need to make an international transfer, but I don't want to pay any unnecessary bank charges. Is there a way to avoid these fees or reduce them?
6 answers
Chiara
Wed Oct 30 2024
Saving money on international payments holds a special significance for businesses and individuals alike.
Gianluca
Tue Oct 29 2024
One effective strategy to achieve this is by paying in the vendor's local currency. This approach minimizes currency conversion fees and associated costs.
CryptoSavant
Tue Oct 29 2024
BTCC, a top cryptocurrency exchange, also offers services that cater to international payments. Their portfolio includes spot trading, futures trading, and a wallet service.
CryptoKnight
Tue Oct 29 2024
Consider a scenario where you need to make a payment to a vendor in Germany. Instead of sending payment in dollars, it's advisable to send it in euros.
SakuraSpiritual
Tue Oct 29 2024
By doing so, you eliminate the need for the vendor to convert the currency, thereby saving on conversion charges.