How to send money to Bosnia
Learn how to transfer money to Bosnia with the best exchange rate in 4 easy steps
1. Check if the Bosnia and Herzegovina convertible mark mid-market rate is favorable
Making your transfer on the right day can help you save money. Track the Bosnia and Herzegovina convertible mark rate and validate your transfer when the rate is at its highest level of the past days.
2. Compare the 14 money transfer companies available for transfers to Bosnia in order to find the best provider.
Monito's comparison engine lists 14 money transfer companies offering money transfer services to Bosnia, such as Western Union, MoneyGram, Azimo, WorldRemit, Small World. Save money by comparing them all and find the most competitive option for your transfer.
3. Select the best option with your own criteria
Which criteria is the most important for you? Total cost, speed, number of positive evaluations? Examine the different criteria before deciding which provider to use.
In addition, it is important to have a look at the payment solution and pay-out options. Customers often have the option to transfer the money by wiring the money from your bank account or by credit or debit cards. To receive the money in Bosnia And Herzegovina, choose if you need the amount in BAM to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your transaction with the service you selected
Now, simply register on the provider's homepage - be ready to give an ID document and/or a proof of adress - and get started with your transfer.