Is it safe to wire transfer money to a local operator?

Wire transferring funds is safe when you are working with a verified SLTDA-licensed company, and the receiving bank account matches the exact corporate name of the agency. In other words, do not send money to a personal bank account, for example, through Western Union or a direct transfer.

Even though they are safe, wire transfers do not offer the immediate fraud safeguards and chargeback options you typically get with credit cards. For best protection, many travellers like to pay the first deposit with a credit card, then settle the remaining amount through a wire transfer, so processing fees stay lower.