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    Send Money to Europe

    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?

    1. Compare Euro Transfers
    2. Compare Providers
    3. Recent EUR Trend
    4. Euro Forecasts
     

    Saving on Euro Money Transfers

    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.

     


     

    Top Transfer to Eurozone Providers

    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.

     

     

    OFX

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    OFX at a glance

    OFX has a 20-year history and is one of the largest foreign exchange specialists in the world. It offers a complete foreign exchange solution, including discounted money transfers, currency hedging tools, recurring transfers, a multi-currency account for online sellers and much more.

    Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals.

    Their transactions are transparent, unlike most banks. Also, as the rates are displayed on the site, customers can see what rates they can expect.

    How much does it cost?

    Transfer Fee: OFX usually charge a flat fee for smaller amounts, but if you click on the link below or mention that you are a BestExchangeRates customer, then your transfers will be fee free.

    Exchange Rate: OFX add a margin to the exchange rate when they convert your money. OFX exchange rates are highly competitive for global money transfers – either the best or very close to the best exchange rates prevailing in the market.

    How to transfer money with OFX

    1. Create a free online account and login to get a live quote for your transfer.
    2. Enter your recipients details including bank account, financial institution number, account number and branch transit number.
    3. Click 'Finalise transaction' and then pay for your transaction using a bank or wire transfer.

    How long does it take?

    Once OFX receive your payment the transfer recipient will receive the converted funds into their account in 1-2 business days.

    Is OFX safe?

    Yes they are. OFX is regulated in each country that they operate. See our full review of OFX for more information.

    Use OFX for:

    • Good exchange rates and lock-in rate for larger amounts
    • 24/7 local phone support
    • Good Mobile phone app
    • BestExchangeRates users get the transfer fees waived.

    For more details on OFX exchange rates, service and what their users think read our guide OFX Foreign Transfers Reviewed.

     

     

     

    OFX

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    XE Money Transfers at a glance

    XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal.

    Transfers can be booked online and over the phone and most are processed within a single working day.

    For more details on XE exchange rates, service and what their users think read our guide XE Foreign Transfers Reviewed.

     

     

     

    OFX

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    WorldRemit at a glance

    WorldRemit - Send Money Online Anytime, Anywhere. 24/7 online service – no agents to visit. Bank Transfers - Cash Pickup - Mobile Money - Airtime top-up.

    Register from the below button for a Zero Fee first transfer.

    With WorldRemit, funds can be sent to bank accounts, mobile money wallets, can be picked up as cash at partnering banks and can be used to top up a loved one’s mobile phone.

    WorldRemit is an online service with no physical outlets, which allows for lower costs and greater convenience; it’s also the first of the new wave of FX companies to offer instant WhatsApp notifications on the status of transfers.

    WorldRemit isn’t a viable choice for large payments, such as property purchases, because its maximum transfer sizes are quite limited in many countries.

    For more details on WorldRemit exchange rates, service and what their users think read our guide WorldRemit Foreign Transfers Reviewed.


     

     

    OFX

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    Wise at a glance

    Wise (formerly TransferWise) always aim to converts money at the real mid-market exchange rate. There’s just a small, fair service fee and it’s all shown up-front, this fee normally works out to be less than 1% of the amount being exchanged.

    Exchange guaranteed within 2 business days - Pay via Bank Transfer or VISA/Mastercard debit cards.

    Setup Direct Debits to Pay Bills abroad from AUD, CAD, EUR, GBP and USD accounts.

    Multi-currency Accounts: Regardless of which country you live in, with a Wise Borderless Account you receive a unique set of GBP, EUR, USD, AUD, NZD, SGD, RON, CAD, HUF and TRY account details with which you can get paid like a local. Together with an account number, you’ll receive a SWIFT, BSB, routing and/or sort code and anything else needed to receive funds in those currencies.

    Read our Review of Wise Borderless Account.

    The Wise debit card are free to set up and use. And there's never any monthly fee and minimum balance to worry about.

    Free ATM withdrawals worldwide up to $350 every 30 days then a 2% charge on additional withdrawals.

    Auto-convert any currency - Spend in any currency and the Wise smart tech will auto-convert it with the lowest possible fee.

    Unlike practically all other Travel cards you can pay foreign currency into this card via your own personal foreign bank accounts.

    For more details on Wise exchange rates, service and what their users think read our guide Wise Foreign Transfers Reviewed.

     

     

     

    Latest Eurozone Euro Trend

    1 USD = 0.8811 EUR
    Sell USD  →  Buy EUR
    USD to EUR at 0.8814 has risen 1.7% above its 90-day average, range 0.8456-0.8929.
    |
      1 EUR = 1.1350 USD
    1-DAY-0.5%
    14-DAYLOW
     

     

    Euro Trends & Forecasts


    USD to EUR 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsUSD to EUR at 0.8814 has risen 1.7% above its 90-day average, range 0.8456-0.8929. USD/EUR Rates

    In September, Olaf Scholz’s Social Democrat Party narrowly won the German election. The longer negotiations and political uncertainty drag on, the greater downward pressure will be felt by the euro.

    In addition should risk sentiment remain fragile, there could be continued demand for USD as a safe haven. Therefore, USD/EUR could gain higher.

    USD-EUR Outlook


    GBP to EUR 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsGBP to EUR at 1.1663 is 0.8% below its 90-day average, range 1.1577-1.1923. GBP/EUR Rates

    The pound sunk in late September to but has recovered after Boris called the army out to drive the fuel trucks.

    The outlook for the pound for October is very uncertain due to rising inflation, slowing growth and unemployment, the combination of which could create a nightmare scenario for the Bank of England Monetary Policy Committee.

    OFX predict the GBP could range between 1.14 – 1.18 EUR in October.

    GBP-EUR Outlook


    CAD to EUR 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsCAD to EUR at 0.6968 has risen 1.2% above its 90-day average, range 0.6650-0.7054. CAD/EUR Rates

    In November CAD/EUR has risen to around the 0.70 level as the energy crisis hurts the euro and helps the gas and oil exporting Canadian dollar. CAD-EUR Outlook


    AUD to EUR 90-Day Currency Trend Chart with Hi, Low, Up, Down AlertsAUD to EUR at 0.6326 is near its 90-day average, range 0.6169-0.6502. AUD/EUR Rates

    Changing expectations around US Federal Reserve policy and a less positive outlook for global growth have weighed on the Aussie to Euro rate this year.

    However, increased gas prices heading into the northern winter have helped the AUD/EUR rate to rise back above the 0.63 level.

    AUD-EUR Outlook