Unfortunately, Apple Pay and Apple Cash transfers are only available within the United States. This means that you cannot directly send money internationally using these services. If you need to send money to someone based overseas, you will have to explore other options.
One such option is using a Wise account (formerly known as TransferWise). Wise is a popular online money transfer service that allows you to send money internationally at a low cost and with the mid-market exchange rate. It provides a convenient and efficient way to transfer funds to individuals or businesses in different countries.
To get started with Wise, you can sign up for an account online or through their mobile app. The registration process is straightforward and typically requires you to provide some personal information and verify your identity. Once your account is set up, you can initiate a transfer by following a few simple steps.
To make a transfer, you will need to provide the recipient’s details, including their bank account information and the currency you want to send. Wise supports a wide range of currencies, so you can send money to various countries around the world. Once you enter the required information, Wise will provide you with a quote that includes the exchange rate and any applicable fees.
One of the advantages of using Wise is the transparency of their fees. They charge a small, upfront fee for each transfer, which is often lower than what traditional banks or other money transfer services charge. Additionally, Wise uses the mid-market exchange rate, which is the real exchange rate that you can find on platforms like Google or XE. This ensures that you get a fair and competitive rate for your transfer.
Once you confirm the transfer, you will be prompted to make the payment. Wise offers various payment options, such as bank transfers, debit cards, or credit cards, depending on your location and the currency you are using. You can choose the method that is most convenient for you.
After the payment is received by Wise, they will process the transfer and send the funds to the recipient’s bank account. The speed of the transfer can vary depending on factors such as the destination country and the payment method used. In some cases, transfers can be completed within minutes, while others may take a few business days.
Wise also provides tracking and notifications throughout the transfer process, allowing you to stay informed about the status of your transfer. This adds an extra layer of security and peace of mind, knowing that your money is being safely transferred.
In my personal experience, I have used Wise to send money internationally on multiple occasions, and I have found it to be a reliable and cost-effective solution. The process is straightforward, and the fees are transparent, making it a convenient option for sending money overseas. I have also appreciated the competitive exchange rates provided by Wise, as it allows me to maximize the value of my transfer.
While Apple Pay and Apple Cash are limited to domestic transfers within the US, Wise offers a reliable and efficient solution for sending money internationally. With its low fees and transparent exchange rates, Wise is a popular choice for individuals and businesses looking to make cross-border payments.