Analyze remittance terms for FX rate markups, transfer limits, recipient ID requirements, and corridor restrictions that affect international transfers.
Built by Sergei Tokmakov, California-licensed attorney.
International transfers have hidden costs and compliance requirements. These provisions can result in delayed or blocked transfers when you need funds delivered urgently.
The "real" exchange rate shown is often marked up 1-5%. This hidden cost can exceed the stated transfer fee, especially for large amounts.
Cancellation windows are often extremely short (30 minutes to a few hours). After that, you may lose the full transfer amount if the recipient can't be verified.
If the recipient can't provide proper ID at pickup, funds may be returned (minus fees) or held indefinitely. Name matching requirements are strict.
Transfers to certain countries may be blocked, delayed, or reversed due to sanctions compliance. Your funds can be frozen during investigation.
"Instant" or "minutes" delivery claims often have exceptions. Actual delivery depends on recipient bank, payment method, and compliance checks.
When transfers fail, refunds can take 5-30 business days. During this time, your money is inaccessible. Fees may not be refunded.
Common terms in money transfer agreements affecting your rights.
Disputes resolved through arbitration.
Cannot join group lawsuits.
Transfer fees and additional charges.
Identity verification and source of funds.
When and how exchange rates are locked.
Liability capped at transfer amount.
Daily, weekly, and per-transaction limits.
State money transmitter licenses.
Paste terms of service below to identify potentially problematic clauses.
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