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Can I send money back home while teaching English abroad? - ✔️ ✔️ ✔️ ITTT TEFL & TESOL
There are many reasons why you might need to send some of your income back home while teaching English abroad, including to pay off student loans, to cover a mortgage on a house or apartment, or to simply help your family. Whatever your reasons, you might find it is not always straightforward as there are a few things to take into account, such as transfer fees, exchange rates, and the time it takes to process the transaction.
Depending on where you are teaching, a local bank might be a safe and reliable option. In well developed countries that have a large market for foreign teachers, such as Japan or South Korea, banks can often be a good choice as their transfer fees are usually quite low and it only takes one or two days for the transaction to go through. In contrast, banks... [Read more]
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