If you need to send money overseas quickly, doing so can be problematic. Doing it through your own bank can take a number of days, and very rarely will you be able to get a concrete idea of exactly how long it will actually take.
Therefore, no matter how much you need to send, if you need to do it quickly, it is worth doing it through a private company. Not only will you end up saving time by doing this, but you will actually often save money too. Not only will you likely get a better foreign currency exchange rate but you will also probably pay less in the way of fees too since these companies will have a far better understanding of the best way to make such a money transfer.
The timeline will obviously vary depending on which country you are sending it to, as time differences will play a big part in whether the money will reach the account the same day or not, but either way the speed and effectiveness of the money transfer will be far greater than by going through any public means.
When you need to send money quickly you will usually not be too worried about the associated costs, more that the foreign currency exchange gives you the exact amount you will need at the other end and that the money goes through as quickly as possible. By going through a private company, you will find they have far more resources for such transfers and can therefore not only do it faster, but also make sure that you are not paying more simply because you need it doing quickly.
So, no matter where you need to send money or how quickly, make sure you hunt down the right company and don’t just visit your bank to get the job done.