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Is sending U.S. dollars the best way to send a payment to an overseas vendor?

April 26, 2017best Dollars overseas payment send vendor

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Is sending U.S. dollars the best way to send a payment to an overseas vendor?

1 Answer

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Generally, it is more cost effective to send foreign currency via TD Banknorth. U.S. Dollars sent to an account in a foreign currency will take longer and incur higher bank charges than if you send the local currency. Also, your overseas vendors may be adding those charges to the bills they are sending to you. Call our International Services representatives at 888-BNG-INTL (888-264-4685) to learn how we can efficiently help you send foreign payments.