Overseas money transfers involve more than just a mere transfer transaction because individuals trying to transfer money back home from abroad or vice versa need to understand the various dynamics involved in the transfer of cash. Every country has its own currencies and the exchange rate between the currencies is varied. This is why one should thoroughly study about the currency of the country to which the transfer is destined. The internet provides various conversion rate calculators which will ease the hassle of converting currencies manually. It is also important to note that during an overseas money transfer, there are costs that have to be borne by the transferor as part of the transaction process. Some of the important factors that influence overseas money transfer include a base fee, exchange rates, service fees, etc, and the time required before the recipient actually gets the money. It is important for transferors to weigh all the essential factors involved in understanding the costs incurred for transferring money overseas such as the type of money transfer being done, etc. The primary question that a transferor had to ask themselves is whether the conversion rates are high or low based on the country to which the money has to be transferred.