How to send money to French Guiana
Find out how to make a money transfer to French Guiana with the best exchange rate with these 4 steps
1. Check the EUR interbank exchange rate against your own currency
Although the evolution of the currency market is unpredictable, it can help you save money to follow it in order to optimize how many the receiver of the transfer will get. Keep track of the mid-market exchange rate and transfer your money when the mid-market rate is close to its highest level of the last few days.
2. Compare the 18 services available to send money to French Guiana in order to select the best provider.
Monito's comparison engine lists many services offering money transfer services to French Guiana, such as TransferWise, Western Union, Currencies Direct, CurrencyFair, OFX. Optimize your transfer by comparing them all and find the most competitive option for your upcoming transfer.
3. Pick the best money transfer company for you
What is the most important for you? Fees and exchange rate, speed of the transaction, number of customer ratings? Balance the pros and cons of the different options before deciding which provider to use.
You may also want to have a look at the pay-in and pay-out options. Bank transfer or credit/debit cards are the most often available pay-in methods to send money to French Guiana online. On the other side of the transfer, you can decide if your want the amount in EUR to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and get started wih your transfer to French Guiana with the company of your choice
Visit the money transfer provider's website to go through the sign-up process (you normally have to provide some documents to confirm your identity), and provide the details of your transaction.