As you may or may not know, I have family in Greece – close relatives including aunts, uncles and first cousins! We were lucky to have visited them this past summer. Now, the economy hasn’t been well for quite some time. Sadly, many families in Greece are struggling right now – and with an unemployment rate of 25%, people are struggling.
Relatives abroad are supporting by sending money to help their families back home. Now it’s easier with CIBC Global Money Transfer, which allows you to send money to loved ones FREE with no fees, anytime and anywhere in the world, usually within one business day.
You can send money to loved ones in 35+ countries worldwide, including India, the Philippines, and the Eurozone countries, and with very competitive foreign exchange rates (please check the country first to ensure availability). CIBC customers receive accurate, real-time pricing every time they send money as the exchange rates are based on live exchange rates.
CIBC Global Money Transfers are free of fees to CIBC customers, and you don’t have to worry about secure delivery. All this can be done conveniently online or through your CIBC branch. As long as the recipient’s bank name and account number are correct, the funds will be deposited directly into his or her account safely and securely.
The recipient country does not need to have the same bank – CIBC has 100% coverage for all countries on their list. CIBC doesn’t charge the recipient fees for receiving money either– but they should check to make sure their own financial institution will not levy more fees or service charges. A Global Money Transfer counts towards allowable transaction limit; bank account transaction fees may apply.
The hassle-free and quick turnaround of CIBC Global Money Transfers will surely help many families who do send money to their loved ones abroad – especially this holiday season. For more info, visit: http://bit.ly/CIBCgmt.
Do you have family or friends who send money abroad?
Disclosure: This post is sponsored by CIBC. As always, my written opinions are always my own.
17 Comments
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I do not have family abroad but this is a good tip if I ever do.
Great information! I’ll keep it in mind. We have lots of family living abroad.
Interesting! I’ve always sent money through paypal so that it’s safer. But in case I’m going to need this, I really appreciate the info.
We have family in South Africa and we have been trying to figure out a way to get the money without spending a ton on fees. Will have to check and see if they bank with this bank because this would be a great way to transfer money to them.
I’ve only ever had to send money overseas once and it was reasonably easy with my bank but there were fees, this way sounds great
I don’t have anyone to send money to abroad, but it is good to know that this is an option! You never know when the need will arise!
This does make things a lot easier. I can imagine sending money abroad is such a hassle without CIBC.
This is good to know! I travel abroad from time to time, and it is good to know there are options if I ever need cash quickly.
This is the first time I heard about CIBC Global Money Transfers. This sounds like a great service. I usually use Paypal or Xoom.
I dont have family abroad so thank you for introducing me to this service, though I doubt I ever use it.
I have never heard of CIBC Global Transfers. I’ll have to tell my mom and dad about it.
I do not have family abroad, but I do have friends. Glad to know that is is so much easier nowadays.
Sounds like a great way to send money overseas. Very secure and great that it’s free for CIBC customers.
I always just thought it WOULD be a hassle to give or receive money abroad. I’m glad to hear that’s not always the case.
I’ve tried sending money through paypal and Western Union. I’d like to try this as well.
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