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Thread: How to send money to Cambodia?

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  1. #29
    Forum's veteran goji's Avatar
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    Re: How to send money to Cambodia?

    Quote Originally Posted by Midguy1 View Post
    i came across www.remitly.com . I was very happy with this service and my first transfer was free. Of course, everyone's situation is different but I reccomend having a look at Remitly to see if it suits anyones needs.
    Thank you for posting this.

    I checked the "Rates and Fees" page

    #1 Their economy fees are £1.99 for recieving in USD and £3.99 for KHR.
    #2 The "Rates and Fees" page does NOT tell me what the Rates are. So I need to open an account to find out what the exchange rate is.

    From past experience, any provide that requires the customer to open an account BEFORE they tell you what the rates are tends to offer a poor exchange rate. So double dipping with the fees.

    Quote Originally Posted by Midguy1 View Post
    I was very happy with this service and my first transfer was free.
    What does "free" mean in this instance ? I presume they waived the £1.99 or £3.99 fee, but what about the exchange rate ?

    Siscu58 follows best practice (above), since he reports what left one account, what arrived in the other and compares it with XE.com mid market rates, so the total loss on the transaction is clear.

  2. 2 Users gave Like to post:

    christianpfc (November 7th, 2020), Zebedee (November 7th, 2020)

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