I live in Cyprus, thus I’ve been attempting to get a little sum of money from Singapore. Despite my friend’s best efforts, Wise has not been able to link her bank account and Revolut has not been loading. Her PayPal account has been blocked. The other apps that I found aren’t accessible. What other resources are available to us?
Hi Bertram, Alternative Money Transfer Options:
Traditional Banking Channels:
- Direct Bank Transfer: Contact your Singapore bank for international transfer instructions and fees.
- Bank-to-Bank Transfers: Some banks offer direct transfers to specific foreign banks.
Money Transfer Services:
- Remitly: Offers competitive rates for international transfers.
- WorldRemit: A popular option for sending money abroad.
- OFX: Provides currency exchange and international transfer services.
It’s frustrating to face obstacles when trying to send money. Here are some alternative methods you can consider:
Traditional Money Transfer Services:
- Western Union: Offers a vast global network for sending and receiving money in person.
- MoneyGram: Similar to Western Union, providing a wide range of transfer options worldwide.
Other Online Options:
- Wise (formerly TransferWise): Known for its competitive exchange rates and transparent fee structures.
- OFX: Specializes in international money transfers with favorable rates.
- WorldRemit: Offers an easy-to-use platform for sending money abroad.
Important Factors to Consider:
- Transfer Fees: Compare the fees charged by different services to find the most cost-effective option.
- Exchange Rates: Look for services that offer the best exchange rates.
- Transfer Speed: Determine how quickly you need the funds to arrive.
- Security: Choose services that prioritize strong security measures.
If possible, reach out to a friend or relative in Singapore for assistance. They might have access to local banking options or could help deliver the money in person.