How can I transfer money internationally?

Transferring money internationally can be done through several methods, and Stillwater National Bank offers various options for customers who wish to send money abroad. One common method is to utilize wire transfers. International wire transfers allow you to send funds directly from your bank account to another bank account overseas. To initiate a wire transfer, you typically need the recipient’s bank account details, including their name, account number, and the international bank identifying codes such as a SWIFT or IBAN number. Another option is using online money transfer services. Some platforms enable you to send money internationally with just a few clicks, often with competitive exchange rates and lower fees than traditional banks. Additionally, for sending smaller amounts, you might consider services like PayPal or Venmo, which also support international transactions. Always be aware that different services can vary in terms of fees, transfer speeds, and exchange rates. It is a good idea to check the current web page for information specific to Stillwater National Bank’s international transfer services, including any associated fees and required information. This will ensure you choose the right option that best meets your needs for international money transfers.