Submitted by Sea_Indication8872 t3_yhmfge in personalfinance
Does anybody know a good and cheap way to send money to a suplier in China without using Transferwise, Western Union and Paypal.
Comments
Inebriated_Economist t1_iuepf5z wrote
Wise is generally considered the cheapest option to transfer currencies. There are other methods, they are simply generally more expensive. For example, you can wire transfer the money, but this is quite expensive.
The supplier could also ACH your account using a payment processor that supports international cross-currency transfers... although this really isn't avoiding Wise. Most payment processors use Wise to actually perform the currency conversion, you'd simply be having the supplier use another middle-man and end up using Wise in the end anyways.
undonedomm t1_iuepjbd wrote
Ask if your supplier accepts cash in usa.
ElementPlanet t1_iufi3m8 wrote
Your comment has been removed because we don't allow political discussions, political baiting, or soapboxing (rule 6). This includes questions or discussions about proposed legislation or government policy changes.
AllTheyEatIsLettuce t1_iug0ee5 wrote
Revolut? Xe?
[deleted] t1_iueiu7p wrote
[removed]