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international money transfers

International money transfers involve sending money from one country to another, often for reasons such as personal remittances, business transactions, or purchasing goods and services. This process can be done through banks, online services (like PayPal or Wise), or specialized money transfer operators (like Western Union). Transfer fees and conversion rates vary, impacting the amount the recipient receives. Transfers can take minutes to several days, depending on the method and countries involved. Regulations and security measures are in place to ensure safe and legal transactions across borders.