How to send money to Bosnia
Find out how to transfer money to Bosnia with the best exchange rate with these 4 steps
1. Check the BAM mid-market exchange rate against your sending currency
Converting your money on a favorable day can help you save money. We advise our users to use our smart alerts to check the evolution of the BAM exchange rate.
2. Make your choice among the 15 services available to send money to Bosnia to find the best option.
Monito lists many companies offering money transfer services to Bosnia, such as Western Union, MoneyGram, WorldRemit, Azimo, Small World. Get the most of your transfer by comparing them all and select the best option for your transfer.
3. Pick the best money transfer company for your needs
Based on which criteria will make your choice? Overall cost, speed of the transaction, customer ratings? Evaluate the advantages and disadvantages before selecting the provider.
In addition, you may want to pay attention to the payment solution and pay-out options. Most of the time you'll find money transfer services offering to you the option to transfer the money directly from your bank account, other providers will also give you the option to pay by credit and debit cards. At the other end, in Bosnia And Herzegovina, you can decide if your want the converted amount to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and start your transaction with the provider you selected
Go to the money transfer provider's website to register (you most of the time have to provide information to prove your identity), and configure your transfer to Bosnia.