Sharemoney, an online money transfer service of Omnex Group, has launched its services to Peru, enabling Peruvian immigrants living in the US to send funds back home.

Sharemoney’s wire transfers will offer various delivery methods, such as cash pickups at Banco de Credito del Peru, Elektra, and Jet Peru, and bank deposits at Banco de Credito del Peru and Jet Peru.

Charges for transferring money start at $4.99 with no exchange rate, according to the company.

Sharemoney marketing manager Anastasia Rzhevskaya said: "Our goal has always been to facilitate sending money to back home. Our expanded services to Peru allow us to service more customers."

The company said that it enables people in the US to send money to friends and families in several countries, including El Salvador, Mexico, Vietnam and the Philippines.