Regular Payments to Family Overseas

L1milnotenuf on 29/06/2017 - 18:35

What is the best way to send regular payments about 1-2k a month, to support family living overseas?

Comments

whooah1979 on 29/06/2017 - 18:44

+2

transferwise is quick and easy.

hawala if you need a bit of privacy.
dasher86 on 29/06/2017 - 18:48

+1

Ozforex
Easton on 30/06/2017 - 10:14

+2

Open a Citibank Plus account and give the relative your card and they can withdraw it from an ATM fee-free at and interbank exchange rates. Only put money into the account just before they withdraw to avoid chance of fraud and only the amount they need to withdraw since you probably won't have bank protections since you've given the card to someone who's not you.

Alternatively, do this with an ING Direct account for $2.50 per withdrawal.
- Halo375 on 30/06/2017 - 15:46
  
  That's a really good idea.
  - demiurge on 01/07/2017 - 01:19
    
    -1
    
    Until they get caught by the bank using a card not in their name. Sometimes ATM malfunctions and eats the card, then they are in a lot of trouble.
demiurge on 30/06/2017 - 15:45

Where are they?
Pumpkin_rrr on 02/07/2017 - 08:14

Open an account in your home country and transfer from there.
Well, might need two accounts if you start with one big lump sum.