How to send money to Georgia
Learn how to transfer money to Georgia with the lowest fees and best rates with these 4 steps
1. Check the GEL mid-market rate against the currency you want to send
Transfering money at the right moment gives your more GEL for your money. Follow the evolution of the Georgian lari exchange rate and send the money when you can get a good exchange rate.
2. Go with the optimal deal by comparing the 8 available options.
Monito compares many services to transfer money to Georgia, such as TransferWise, Western Union, MoneyGram, Xendpay, Azimo. Using the best company from the available options is the best way to save on fees and exchange rate.
3. Select the best provider for you
Which criteria is the most important for you? Exchange rate and fees, speed of transfer, user ratings? Examine the different criteria before deciding which provider to use.
In addition, you may want to consider the options to pay for the transfer and receive the money. Credit cards, debit cards or a bank transfer are the most common payment methods to send money to Georgia online. To receive the money in Georgia, you often have to decide if you want the amount in GEL 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 money transfer with the money transfer provider of your choice
Go to the money transfer provider's website to go through the sign-up process - be aware you will often need to give an ID and/or a proof of adress - and configure your transfer.