They often unknowingly pay big fees to send the money abroad because the fees and commissions are difficult to understand or are not clearly displayed in the store. The best way to avoid paying excessive fees to send money abroad is to ask questions. By comparing prices at several different businesses, you can find the best deal. Congress and the Big Fees to Wire Money Congresswoman Roybal-Allard is working in Congress to prevent consumers from unknowingly paying high fees to wire money. She is a co-sponsor of a bill, called the Wire Transfer Fairness and Disclosure Act, that would require businesses to clearly inform all customers of the fees, commissions, and rate of exchange for wire transfers.
Customers deserve to know exactly what they are paying for.
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