Venmo has become a verb in the U.S. for easy money payments and transfers, but this service only allows transactions and payments that originate within the U.S. However, many people need to make payments or transfers in other countries for a variety of reasons and the fees to do so can be significant, especially when making payments on a recurrent basis.

Monito

The website Monito is an excellent source for alternative payment options in other countries and between other countries. If you need to make payments internationally I suggest you bookmark this website.

Monito has a handy widget to enter the source country and target country for the payment and the amount. It will quickly return the options you have for the exchange with a detailed explanation of the options including the fees that would be added per option. They identify options for money transfers to a bank account or a transfer to a cash pickup location.

The research they provide covers over 195 countries and over 456 transfer services and banks.

I thought I would need to delve into many websites and research to get the information I was seeking, but this excellent website packages up all this information quite nicely. Monito aims to be a hub for money transfer information. It is led by a Swiss company and the Monito appears to be their core focus.

The website is also localized into many languages, which will help it gain global usage.

International Transfer Alternatives

It is good to look at other websites to see customer reviews of the various transfer companies. NerdWallet wrote an article that provides a snapshot of five of the best international money transfer companies they like best: TransferWise, OFX, Xoom, MoneyGram and Western Union.

Since I mentioned Venmo, I need to also mention PayPal, another money transfer service regularly used in North America. PayPal does not charge a fee for money transfers within and between the U.S. and Canada, but for other international transfers a fee is incurred when using their international service called Xoom. Monito can provide the details for the fees that you can expect to be incurred.

While Venmo, and even PayPal, are good payment services to use domestically within the U.S., it is great to know which options are available globally.

Sources:

https://www.venturekick.ch/Global

https://www.nerdwallet.com/blog/banking/best-ways-to-wire-money-internationally/

https://www.paypal.com/us/for-you/transfer-money/send-money/send-money-internationally

https://www.telegraph.co.uk/financial-services/currency-exchange/international-money-transfers/reasons-for-sending-money-abroad/

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You may have worked with numerous translation project managers for your projects. But do you really know what they do? Project managers play important roles in translation projects and their jobs range, but are not limited to, outlining the project scope, planning timelines, identifying the right resources/teams, coordinating during the life cycle of a project and final delivery.

Translation Project Managers’ Tasks

• Project scoping. Professional project managers begin by gathering the necessary information from the client, including type of localization project (document, website, software or multimedia), number of languages, specific locales, formatting requirements, etc. Once they have acquired the accurate information, the project manager then proceeds to the project planning: budgets, time frames, deliverable formats, resources and schedules.
• Forming the project service team. Once the project requirements have been determined, the project manager will get the correct team in place, which will consist of language leads, engineers, desktop publishers, etc., led by the project manager, to execute the project by assigning tasks and schedules to each team member.
• Project kick-off meetings. This includes internal kick-off and client kick-off meetings. The internal kick-off meetings will include all the team members involved in the project to discuss the scope and subject matter research and to anticipate and determine any technical issues and challenges that may arise. During client kick-off meetings, the project manager will brief the client on the process, time frame and schedules, final deliverables and discuss any issues or queries that need clarification from the client.
• Project Coordination. Project managers are responsible for coordinating effective communication between team members to ensure smooth execution of each step in a project, as well as conveying any questions to the client from the team. It’s very important that a project manager asks the right questions. By doing so, the team may quickly spot project challenges and come up with resolutions.
• Final delivery. Before delivery of a project, the project manager will need to make sure all the steps planned for the project were executed, there are no pending issues for the delivery and the final deliverables are compliant per the scope.
• Post Project Evaluation. The project manager will need to provide a summary of the project, in terms of any issues, client feedback, successes, challenges, corrective actions and improvements and document them in the notes for future reference.

Summary

Translation project managers are essential for the success of translation and localization projects. The project manager is your point of contact throughout the entire life cycle of a project and they ensure smooth and successful delivery of your projects.

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