How to Automatically Find the Best Rates for Regular Money Transfers

If you're sending money home regularly, you could be losing hundreds of dollars yearly by not comparing rates systematically. This guide shows you how to use comparison tools like Remit Hawk to ensure you always get the best deal on your recurring international transfers.

Why Manual Rate Checking Costs You Money

Most people spend 2-3 hours monthly comparing rates manually, yet still miss the best deals because:

• Rates change throughout the day
• Hidden fees aren't always obvious
• Promotional rates come and go quickly

Step-by-Step: Automate Your Transfer Comparisons

Step 1: Establish Your Baseline

First, use our cost calculator to understand what you're currently paying. Most people discover they're overpaying by 3-5%.

Step 2: Set Up Rate Alerts

Instead of checking manually, set up alerts through our rate alert system to notify you when your target exchange rate is available.

Step 3: Schedule Regular Checks

Use our comparison tool every 2-3 months to ensure your current provider remains competitive. Providers frequently change their rates and fees.

Best Strategies for Specific Regular Transfer Needs

How to Use Our Comparison Tool Effectively

Our comparison tool is designed specifically for regular senders. Here's how to get the most value:

1. Select your specific currency pair (e.g., USD to INR)
2. Enter your typical transfer amount
3. Choose "Regular Transfers" to see providers with best recurring rates
4. Compare total costs (fees + exchange rate)
5. Set up rate alerts for your preferred providers

When to Re-evaluate Your Provider Choice

Even if you have a good provider, regular checks are essential. Recompare when:

• Your transfer amount changes significantly
• You've been with the same provider for 6+ months
• There are major currency market movements
• You hear about new provider promotions