How to send money to the Czech Republic
Find out how to transfer money to the Czech Republic with the best exchange rate in a few easy steps
1. Check if the CZK conversion rate is favorable
Making your transfer at the right moment means more money arrives. Keep an eye on the Czech koruna rate and convert your money when the mid-market rate is close to its highest level of the last few days.
2. Select the best option by comparing the available options.
There are plenty of companies to transfer money to the Czech Republic, such as TransferGo, TransferWise, Western Union, MoneyGram, CurrencyFair. Selecting the most competitive company from the list is a sure way to save money.
3. Choose the best option for your transfer
Based on which criteria will make your choice? Total cost, time for the money to arrive, user ratings? Balance the advantages and disadvantages before deciding which provider to use.
It is also important to take into account the payment solution and pay-out options. You often have the possibility to pay for your transfer by a local bank transfer or by debit or credit cards. To receive the money in Czech Republic, look at different options if you need the converted amount to be transferred to your recipient's account or be available for cash pick-up.
4. Sign up and get started wih your transfer to the Czech Republic with the company of your choice
Now is the time to register on the money transfer provider's homepage - be ready to provide an ID and/or a proof of adress - and get started with your transfer.