There are 2 easy ways I found so far to transfer money to outside countries easily.
- Creating Paypal Overseas Account.
Paypal is expanding its network rapidly to countries all over the world. You can see the complete list of countries where you can open your account. Some countries might have certain limitations on the things you can do. Also, different countries have different requirements for withdrawal. For instance of Paypal Indonesia, I need to have the minimum balance of $10 for withdrawal and I’ll be charged a transaction fee of $1.6 if the withdrawal amount is less than $150.Make sure that you create a separate account for each countries you want to transfer your money. You will be asked the country/region of you account when you sign up. Remember, this setting can’t be changed. Once you set one account to particular country, you can’t change it to another one.
You will also need the local bank account for whatever country you open your new account at, so make sure you have one. You can always use someone else’s local bank account, so it doesn’t have to be yours. [read more...]
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