The Best Time to
Send Remittance Abroad
11 August 2025
Sending money to loved ones across the globe is more than just a financial transaction — it’s an expression of love, support, and responsibility. But when is the best time to send remittance abroad? Understanding global trends and seasonal needs can help maximize the value of your transfers.
How Often Do People Send Remittance?
According to World Bank data, millions of migrant workers around the world send remittance monthly — some even bi-weekly — depending on their income and their family’s needs. On average, a single remittance transfer is between $200–$300, and it’s most commonly sent to countries like the Philippines, India, Nigeria, Pakistan, and Nepal.
People send remittances from anywhere — Canada, the U.S., the UK, the Middle East, and beyond. Whether they are caregivers, international students, temporary foreign workers, or permanent residents, the motivation is the same: to support loved ones back home.
Best Times of the Year to Send Money Abroad
Here are some of the most common and strategic times to send remittance abroad:
Before Major Holidays
Christmas, Diwali, Eid, Lunar New Year
These festive seasons often come with higher family expenses. Sending remittance before the holidays ensures your loved ones are financially prepared to celebrate.
Start of the School Year
August–September
Education is a major reason people send remittance. School fees, supplies, and tuition are common expenses covered through remittance during this time.
End-of-Year Bonuses
November–December
Many workers receive bonuses or tax returns at year-end. It’s an ideal time to send remittance with ease while benefiting from surplus funds.
Emergency Situations
Natural disasters, medical emergencies, or unexpected family events. These are unpredictable, but having a reliable way to send remittance quickly is critical when timing matters most.
When Exchange Rates Are Favorable
Monitoring currency fluctuations can help you send remittance at the best value. Many platforms offer alerts or rate locks for convenience.
Why People Send Remittance
Remittances go far beyond financial help — they are lifelines for many families. People send remittance to:
- Cover essential living expenses (rent, groceries, utilities)
- Fund education and tuition
- Pay for medical treatments or emergencies
- Support elderly parents or siblings
- Contribute to building homes or starting businesses
How to Send Remittance with Ease
Thanks to digital platforms like OTT Remit, it’s never been easier to send remittances from anywhere:
- Download the app and create an account
- Upload a valid ID for quick verification
- Choose the recipient country and amount
- Pay via Interac, debit, or bank transfer
- Track your transaction in real-time
You can send remittance with confidence, knowing your funds are secure and your loved ones will receive support when they need it most.
Plan Smart, Send with Purpose
To get the most value out of your hard-earned money, it’s important to send remittance at the right time. Whether you’re helping out for a holiday, school season, or personal emergency, sending at the optimal time ensures that your support has the greatest impact.
Start planning ahead — and send remittance with ease and security using a trusted platform like OTT Remit.
Ready to Send Money?
Download the OTT Remit app today and experience a better, faster, and safer way to support your loved ones back home.
Disclaimer: The views and opinions expressed by the authors in this publication are their own and do not necessarily reflect the views of OTT Remit, OTT Financial Inc., and the OTT Group of Companies. This publication is provided for general information purposes only and should not be considered as exhaustive or comprehensive in covering all aspects of the discussed topics. It is not intended to replace seeking advice from a specialist or professional.
How To Send Money with OTT Remit
Follow three simple steps to send money quickly and securely to loved ones anywhere in the world.
Sign up for an account
Enter your name and phone number to create an account with OTT Remit.
Enter money transfer details
Choose your destination country and select one of three remittance methods: Cash Pickup, Mobile Wallet, or Bank Deposit. Enter your recipient's information.
Pay for your transfer
Complete your remittance by making an INTERAC e-Transfer. It's that easy!
