How to send money to Greece
Learn how to send money to Greece at the lowest cost in 4 easy steps
1. Check the EUR interbank exchange rate against your sending currency
Making your transfer on a favorable day can help you save money. Keep an eye on the Euro rate and transfer your money when the rate is at its highest level of the past days.
2. Compare more than thirty services sending money to Greece and select the best option.
Monito's comparison engine lists a lot of services offering money transfer services to Greece, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Save money by comparing all these options and select the most competitive one for your upcoming transfer.
3. Select the best service for your personal needs
Search for the service with the most competitive pricing, fastest transfer speed, best customer reviews, or a combination of these factors.
Another important aspect is to consider the options to pay for the transfer and receive the money. You can have money transfer companies giving you the option to send the money from your bank account, some will also accept cards. On the recipient's side in Greece, you often have to decide if you want the money to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and start your transaction with the service you selected
It is now time to complete the sign-up form on the money transfer provider's website (you usually have to provide some documents to prove your identity), and provide the details of your transfer.