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Zelle has become a popular way to pay someone back things like buying concert tickets.
But Zelle is not available for international transfers.
Heres how Zelle works.
Plus, a few alternatives to Zelle it’s possible for you to use to transfer money internationally.
you’re able to send money from a U.S. bank to another Zelle user.
Money istransferreddirectly from your Zelle-linked account to the other users bank account.
This makes it one of the simplest ways tomove moneyfrom one bank account to another.
Zelle does not support sending money to international bank accounts.
You also cannot link Zelle to any international bank.
Youll need to ask your bank whether it supports Zelleand how to link your account to being using it.
International transfers also support incoming transfers from an international bank to your U.S. bank account.
Unfortunately, Zelle does not support either of these types of international transfers.
Most international transfers require going through a bank.
But there are payment apps that offer international support.
you could send money directly to an international bank account, usually for a fee.
There are differing fee and exchange rates charged depending on where you send the money.
Payment Apps
There are several payment apps that do offer international transfers.
Apps like PayPal, Wise, and others let you send money to any other users of the platform.
Wise
Wise is a global payment platform that offers international payments and money transfers.
This app is:
2.
PayPal
PayPal is a popular payments app that lets you send money directly to other PayPal users.
you might also use it to make payments through online retailers.
you might send international payments through PayPal to 110+ countries.
Plus, the funds may be available instantly.
There are high fees for sending money through PayPal internationally, which may include:
3.
Calculate these fees before making a transfer.
That way you wont overpay for the amount of money you plan to transfer.
Currency exchange fees may apply before the person you are sending money to can withdraw funds.
Always review your payment app or bank currency exchange fees before proceeding.
FAQs
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