When you look online to make an international money transfer do you keep coming across powermoney? It's often the cheapest money transfer company, but does this mean it's reliable? In this review,we help you figure out if powermoney is the best and the safest option for you to use.
powermoney Money Transfer is an online money transfer company that offers a cheaper and faster way to send money internationally. As a trusted and seasoned name in foreign exchange,they could be a good option for your international money transfer.
They have millions of customersand handle billions in transactions every year.
They have millions of customers and handle billions in transactions every year.
Offering the best exchange rate
Very transparent with transfer fees
No minimum money transfer
$1 million maximum money transfer
For most international transfer needs,we love PM,but they’re not quite perfect. Let’s break it down and explain what PM is great at and where they have a few issues.
There are three main steps to setting up an account with PM,which we have outlined below. You can also watch our video tutorial for a complete guide.
1
Register with them online,it‘s easy and will take no more than 5 mins
2
Confirm the details of your transfer the recipients details and how you’d like to pay
3
Pay for your transfer and you’re done!PM accept payment via bank transfer.
Great to deal with and excellent market knowledge. Was able to source exactly what I needed in a short time. Will use this service again soon.
Donnie Neal
Great to deal with and excellent market knowledge. Was able to source exactly what I needed in a short time. Will use this service again soon.
Donnie Neal
Great to deal with and excellent market knowledge. Was able to source exactly what I needed in a short time. Will use this service again soon.
Donnie NealDon’t take our word for it.See what our past clients say.
A question we often get is PM Money Transfer actually legit? The answer is yes. PM take their legal responsibilities very seriously. They are regulated in every country they operate.
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PM says that it sends out most transfers on the same day that they get your money. The reason they say “most” is that there are a few areas that will affect the speed of the transfer.
The one thing you really need to know is how much PM charges to send money overseas. The good news is that PM doesn’t charge transfer fees, and you can get competitive rates. Of course, that’s not the same thing as saying they are the very cheapest!
Depending on the currency you’re exchanging into, you’ll normally pay between 0.5% and 2% more than the base rate, interbank rate when you’re sending money to a popular destination.
When you have an account with PM, you can make transfers through their website, or through their iOS and Android apps.
The company has an app to check currency exchange rates and one to make the actual transfers. Having this on your phone will make it a lot easier to make transfers on the go if you need to.
Tips and Advice For Sending Money Overseas
