What’s in this Europe Money Transfer guide?
We save you time and money when transferring money to Europe by comparing providers to help you get the Best Service, Rates and Fees.
What’s in this Europe Money Transfer guide?
We make it easy to save money by making these fees and exchange rates easier to see and compare the best providers for sending money to Europe.
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Sending money to Europe can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfer to Europe can be very expensive – often 5% to 10% worse than using a foreign exchange specialist to send to an Eurozone bank account or pay an euro invoice.
When choosing a provider to send money to Eurozone finding the best currency rate is generally everyone’s number one factor. Other important criteria to also consider are transfer speed, delivery options (bank transfer or cash pickup), customer service, mobile apps and extra fees.
You can read more about Currency Transfer and Travel Tips for Europe in our Europe FX guide.
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro current value is to look the EUR performance against a range of other currencies over various time periods.
The following table looks at the performance of the EUR exchange rate against other currencies over time periods from the previous 2 days back to the last 5 years.