# Tip for international living? Forget banks.

- Date: 2006-02-27T22:45:13Z


By Thomas Crampton

Add international money transfers to my list of activities that are now easier
online than in the "real" world.

I had always found bank transfers a pain because they generally required a
visit to the bank with stacks of forms to fill in. If lucky, my money disappeared
for up to eight working days before arriving in the destination bank at a horrible exchange rate.

Recently I wrote about my experiences using an online foreign currency exchange service that was easier, cheaper and faster than the bank.

Since it is easy to transfer small amounts, I now find the service a lifesaver.

What other new Web-based services could be useful for people who live abroad?


Note: I may cross-post comments on the IHT blog and they may be reproduced in the paper for publication.





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#### Categories

Business and the Economy, Economics