What choice does a remitter have if they know the currency of the beneficiary’s account?

The correct choice is that a remitter can convert their currency to that of the beneficiary. This option reflects the flexibility that remitters have when sending money internationally. If the remitter is aware of the currency held in the beneficiary's account, they have the ability to mitigate potential conversion costs or risks by converting their funds into the beneficiary's currency before initiating the transaction. This enhances the efficiency and speed of the payment process, ensuring the recipient receives the funds as intended without additional conversion delays or costs.

Choosing to convert the currency is advantageous because it can also help in managing exchange rate fluctuations, leading to a more predictable payment outcome. This is particularly beneficial when dealing with significant sums where even slight differences in exchange rates can have a considerable impact on the funds received by the beneficiary.

In contrast, making the payment in local currency may not reach the beneficiary in the desired form and could result in additional conversion fees or delays. Likewise, options that require specific services like SWIFT or a telegraphic transfer do not offer the same level of flexibility regarding currency conversion, which is the key point in this scenario.