5 INTERNATIONAL MONEY TRANSFER SERVICE
As more and more expats move to the United Arab Emirates (UAE), Oman, and Qatar for work, the need for international money transfer services becomes increasingly important. Sending money overseas can be a complicated and costly process, especially for those who are not familiar with the various options available. That’s where Ajay Kuriakose Jacobs, the Managing Director of M-J Global, comes in. With years of experience helping expats navigate financial matters, Jacobs is well-versed in the international money transfer landscape. In this article, we will explore the top five international money transfer services for expats in UAE, Oman, and Qatar, according to Jacobs.These are the best money transfer options
- TransferWise: TransferWise is a popular choice for expats, as it offers low fees and competitive exchange rates. It is a user-friendly platform, with transparent pricing and quick processing times. Jacobs notes that TransferWise is a great option for those who need to transfer money frequently and want to avoid high fees.
- XE Money Transfer XE Money Transfer is another popular option for expats, with competitive exchange rates and low fees. Jacobs notes that XE Money Transfer is a reliable choice for those who need to transfer larger amounts of money, as they offer high transfer limits.
- WorldRemit WorldRemit is a convenient option for expats who need to transfer money quickly, as the platform offers instant transfers to many countries. Jacobs notes that WorldRemit is a great choice for those who need to send money to family and friends in their home country.
- OFX OFX is a popular choice for expats who need to transfer money frequently, as they offer low fees and competitive exchange rates. Jacobs notes that OFX is a reliable option for those who need to transfer large amounts of money, as they offer high transfer limits and personalized customer service.
- Remitly Remitly is a user-friendly platform that offers low fees and competitive exchange rates. Jacobs notes that Remitly is a great option for those who need to transfer money quickly, as they offer instant transfers to many countries.
In conclusion, expats in UAE, Oman, and Qatar have a variety of options when it comes to international money transfers. However, it is important to choose a reliable platform that offers low fees and competitive exchange rates. Ajay Kuriakose Jacobs, the Managing Director of M-J Global, recommends TransferWise, XE Money Transfer, WorldRemit, OFX, and Remitly as the top five international money transfer services for expats in UAE, Oman, and Qatar.These are the best money transfer options and the best way to send money.