I heard that companies that send money abroad are now required to tell me the exchange rate and the fees when I send money abroad. The company that I used did not tell me this information. What can I do?
Federal law requires disclosures of certain information like fees and taxes for most transfers of money abroad. If you believe that a company did not tell you information that it should have about a money transfer, contact that company right away. You can also submit a complaint to the CFPB and your state regulator.