At one point or another, nearly everyone is faced with the task of sending money overseas to someone for any number of reasons. Whether you’re sending to a relative in need or having a friend purchase something for you unavailable where you live, sending money is sometimes unavoidable. However, the prospect of paying high fees can be a turn-off for some. Luckily, there are ways you can do to reduce, or in some cases even eliminate, the fees associated with tranferring money for any reason.
Check your old accounts for long forgotten money!
Believe it or not, there are literally millions of dollars in forgotten or abandoned assets sitting in various banks across the world waiting to be claimed by their rightful owners. Money in these accounts could be left over from forgotten checking and savings accounts, pensions, and other interest-incurring accounts.
