What’s the Cheapest Method to Send Money to Chile?

How often do you send money to Chile? Whether you need such services all the time or just once in a while, there are fees that every money transfer service will charge you.

Chances are that you know about the upfront charges in advance but there could be other way in which the service provider will monetize your transaction. If you choose to send money to Chile via a bank wire, there will be solid taxes that you have to pay.

On the other hand, some so-called free money transfer services have no upfront fees but the currency will be exchanged using less than favorable conversion rates. For example, if you’re sending 1,000 dollars from the US to Chile via Money Move IT (see Table 1), you will pay over 230 dollars in charges, as well as a 5-dollar upfront tax. Check out the table below if you want to find the cheapest way to send money to Chile.

Wondering how to avoid hidden fees and unpleasant charge surprises when you send money to the Philippines, Brazil, Australia, Kenya, Mexico, Macedonia, Poland, Egypt, Romania, Indonesia, India, Bangladesh, Ukraine, Bolivia, Serbia, Pakistan, Colombia and Morocco? Our short money transfer guides with tables feature everything you need to know when you send money abroad.