Compare money transfers to Laos

The best Services to Transfer Money to Laos

When it comes to sending money internationally, everyone would want to transfer funds reliably, securely, and, of course, quickly. While it is possible to do so, one needs to find the most reliable money transfer service provider. Finding one can be a hassle mostly for those using the service for their first time.

In this article, we make work simple for you. More specifically, we review the best services to transfer money to Laos. Each method we give you as an option here is verified and trusted for international money transfers.

What are the different methods of transferring money to Laos?

You can use different methods to send money to Laos. For instance, you can send electronically, or even make a cash deposit to an agent or bank and have the money sent to the recipient. Apps and online methods are also a great option these days.

Which service should you use to send money to Laos?

Cash Pick-up Points/Agents

In Laos, there are many cash pick up locations that you can use. These methods are reliable and the recipient will just walk to the nearest location to pick up the money. The best options under this category are:

• MoneyGram
• Western Union

These agents have many locations in Laos, so you need to know which location is the nearest to the recipient. Once you have the information, make a deposit, provide the details of the recipient, and the money will get to them.

Bank Transfer

Banks remain the best way to transfer money to Laos. Compared to other methods, banks facilitate international transfers at a relatively lower cost. They also allow large transfers hence the best if you are sending a large amount of money.

You should, however, note that while you can securely and reliably wire money to Laos using banks, the time it takes for the funds to get to the recipient might be a few more days. It might not, therefore, be the best option if you want instant transfer.

Online Transfer

Over the years, there has been an increase in the number of companies providing online money transfers. With these methods, you need to sign up on their sites, load your online account with your card, or from a bank account, and transfer the money. The most reliable providers of online transfers include:

• CurrencyFair
• TransferWise
• Ria
• Xe Money Transfer

To use these online services, you and the recipient must have an account with the provider. Unlike banks, they are instant and the best for small transfers. You might not, however, use them if you want to send relatively large amounts of money.

How Much Does It Cost to Send Money to Laos?

The cost of money transfer depends on many factors. As a sender, you need to compare all the factors to get the cheapest way to send money to Laos. The most important factors to check are:

• Transfer fees
• Exchange rates
• Minimum/maximum transfer limits
• Turnaround time
• Delivery method

Different transfer service providers charge differently. To get the cheapest, add up all the relevant costs, and choose one whose cost is the lowest. But as a reminder, those that charge lower fees often take a few more business days to complete your transaction.

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We help you find the best way to transfer money to Laos quickly. If you have never sent money before, you don’t need to do further homework. Our website provides the information that you need to send money securely.