Send Globally is a way for US users to send money internationally and have it received as local currency in the recipient’s bank or mobile money account.
How it works:
- You add and confirm a recipient and the US dollar amount to send
- Your US dollars are converted into bitcoin
- The bitcoin is sent to the third-party partner operating in the recipient’s country
- The partner handles the conversion of bitcoin into local currency
- The local currency is deposited in the recipient’s specified bank or mobile account
The transaction can complete in as little as a few seconds, depending on the country and specified receiving method.