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Ask:HN Best services for sending money abroad

3 points by kris-jagasia ↗ HN
I'm based in Canada and pay people (in USD) in both Turkey and Brazil on a regular basis (developers). Would be interested to know what people are using to make international transfers at below Paypal / Bank transfer fees.

12 comments

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dviola
Bitcoin.

Then use localbitcoins to exchange to local currency. Most exchangers do the conversion very quickly from what I've seen.

kris-jagasia
sorry, forgot to post as reply, how do you get your head around changes (often volatile) in bitcoin value, when you're just using it as a money transfer protocol
Varlski
www.transferwise.com
kris-jagasia
doesn't deal with Turkey unfortunately, looks like a kick ass product though
Avalaxy
Bitcoin. The cheapest and probably the fastest way.
kris-jagasia
For people that use bitcoin as their international exchange protocol, how do you get your head around the possible changes in Bitcoins value, especially if it's going to take you a week or so to do the transfer (by the time your transactions get processed/validate)
kris-jagasia
unfortunately, dwolla is US accounts only, Xoom, transerwise don't deal with Turkey,

xe or Bitcoin may be the only options