Sending money home from the US
Banks are rarely the cheapest way to send money abroad. The real cost is the exchange-rate margin, not the headline fee — and by law you're entitled to see the total before you send.
Banks are rarely the cheapest way to send money abroad. The real cost is the exchange-rate margin, not the headline fee — and by law you're entitled to see the total before you send.
Key points to understand
Compare the total cost: fee plus the exchange-rate margin, not just the fee
Compare the total cost: fee plus the exchange-rate margin, not just the fee. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
Your legal rights: a receipt, the exact amount that will arrive, and a window to cancel
Your legal rights: a receipt, the exact amount that will arrive, and a window to cancel. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
Use licensed providers only — and never send money to someone you haven't met
Use licensed providers only — and never send money to someone you haven't met. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.
Practical tips
- Prepare your documents and translations in advance — most delays come from missing paperwork.
- Always note the office name, address, and a contact number before you go.
- Ask the community on MyHAbroad if you’re unsure — chances are someone has already been through it.
Always verify with official sources before acting on the information above.
MyHAbroad is an independent app and is not affiliated with, endorsed by, or representing any government or public authority. Content is general information only — not legal, tax, medical, or financial advice. Always confirm details with the official sources above before acting.