How to Transfer Money Home Fast and Cheap

Step 1

Gather the account number information of your home country bank account that you want to transfer money to and from.

Step 2

Gather the account number information of the bank account in a different country that you would like to transfer money to and from.

Step 3

You can use this system to send money to and from yourself, or to and from your family and friends in other countries for very cheap rates. Much cheaper than normal bank transfers which often charge you $20+ to send money, and sometimes another $20+ to receive your funds. It is also cheaper than Western Union and other types of money wiring services. This is also an alternative to PayPal which is often not available or is limited in many countries.

Step 4

This payment transfer system is called Moneybookers. It's very easy and you can use it to transfer money to and from almost all major countries.
Sign up for a free Moneybookers account here:
http://www.moneybookers.com/app/?rid=7338020

Step 5

Go here for a step-by-step guided process of the easy registration: http://uk.youtube.com/watch?v=OWr5S7-ur8Y

Step 6

Once you are signed up, you can easily add money to your Moneybookers account online from your bank account and transfer to a bank account in another country. You can also add money to your Moneybookers account from a credit card and transfer to another bank account. It really makes transferring money easy and is a much better and cheaper way to transfer money if you don't want to pay for all of the bank transfer fees. Note: If you are signing up as a US resident, you should register with the foreign address that you will be sending money to or from. If you are adding a US bank account, you should enter your foreign bank account first, then your US bank account after.

Step7

This is a comparison of the fees to send money via bank transfer, check, and Moneybookers.