Find out how to transfer money to the Czech Republic at the most competitive cost in 4 easy steps
Even though the evolution of the currency market is unforseeable, it can help you save money to keep an eye on it so that you can maximize how many you will receive for your money. Frequently check the exchange rate and make your transfer at a favorable moment.
Which criteria is the most important for you? The total cost, time for the money to arrive, user ratings? Consider the pros and cons of the different options before making your decision.
It is also important to have a look at the pay-in and pay-out options. You will often find money transfer companies giving you the option to pay by bank transfer, some will also give you the option to pay by debit and credit cards. In Czech Republic, you often have to decide if you want the converted amount to be sent directly to the recipient's bank account or be available for cash pick-up.
It is now time to sign up on the provider's website - be prepared to upload a copy of your ID and/or a proof of adress - and provide the details of your transfer to the Czech Republic.