While many people are barred from entering the US due to coronavirus travel restrictions, it doesn’t mean your money can’t make it there! We provide a fast and secure money transfer service so you can send money to the US quickly and usually for less than when sending with traditional banks.
So if you need to send money abroad to friends and relatives during these trying times, here’s how to do it — and with no hidden fees!
How do I use the money transfer service?
It’s easy! Simply open your app and head to the Payments section. From here, follow these three simple steps:
Step 1: Tap on New payment to create a new payee. We’ll prompt you to enter their full name, the currency you want to send (in this case, US Dollar), their residential address and their account details. We'll save these details for you, so you won't have to enter them the next time you want to send.
Step 2: Enter the amount you wish to send to the US (you’ll see the currency conversion screen here).
Step 3: Review and confirm your payment.
That’s it! Rest easy knowing your money is on its way. Please wait up to three working days for the funds to land in the account, but keep in mind this may also depend on the receiving bank’s processing times. Consider any US public holidays as well when transferring internationally as processing times could be longer.
Get more from Monese
For many customers, our money transfer service is handy — but it’s certainly not the only useful thing our app can do. You can make the most of your Monese account and card in so many ways. We thought we’d highlight a few:
- When travelling does resume, you can bring your card along to spend internationally without fees, within generous allowances (depending on your plan). Spend with your card abroad and you can count on the real wholesale exchange rate, making us potentially cheaper than your traditional bank.
- Move money and make easy payments between Monese accounts for zero fees, no matter the currency.
- Have someone who needs a nudge about the money they owe you? Easily request payments from your friends on Monese. You can also search for nearby contacts via Bluetooth to tap and request your payment.
- Pay your bills automatically with Direct Debits, so you never have to worry about missing a utility bill or rent payment again.
Have you used our money transfer service during the pandemic? Tell us what you’re loving or what we could do to improve our service. Let us know your thoughts on Facebook, Twitter, Instagram or drop us a line at email@example.com. And don’t forget to check out our other blog posts in our international transfer series for more information on sending money abroad.
7 things to know when making an international money transfer
Read for insider tips so you can make an informed decision the next time you need to send money abroad.