International transfers refer to the process of moving money from one country to another. This can be done through various methods, including banks, online money transfer services, and remittance companies. People often use international transfers for reasons such as sending money to family abroad, paying for goods and services, or making investments in foreign markets. These transfers typically involve currency conversion, as the money is exchanged from one currency to another, such as from USD to EUR. Fees and exchange rates can vary significantly depending on the service provider, making it important for individuals to compare options before initiating a transfer.