If you’re sending money abroad, your remittance rates may vary from country to country, depending on the currency.
The United States, for instance, has a $0.35 per dollar transaction fee, whereas the rate in China is $0,948.25.
And while it may be cheaper for a Canadian or Japanese expat to send money internationally, the cost can add up.
Here’s a quick rundown of the main remittance fees and fees charged by major banks and credit card companies worldwide. Read More