How to send money to Greenland
Find out how to make a money transfer to Greenland at the lowest cost in four easy steps
1. See if the Danish krone mid-market rate is in your favor
Although the evolution of the exchange rate is impossible to predict, it never hurts to keep an eye on it to optimize how many you will receive for your money. Monitor the exchange rate and transfer your money when the DKK rate gets to a specific level.
2. Compare 23 providers available to send money to Greenland in order to find the best one.
Monito compares quite a few money transfer companies to transfer money to Greenland, such as TransferWise, CurrencyFair, Currencies Direct, OFX, Currency Solutions. Save money by comparing all your options and go with the most competitive one for your upcoming transfer.
3. Select the best provider for you
What is the most important for you? Price, time for the money to arrive, number of positive evaluations? Balance the pros and cons of the different options before selecting the provider.
You may also want to take into account the pay-in/out methods. Transferring money from your e-banking or via your debit or credit card are the most often available pay-in options to send money to Greenland online. At the other end, in Greenland, select the right option, whether 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 transaction with the company you selected
Go to the money transfer provider's homepage to register - be aware you will often need to provide an ID document and/or a proof of adress - and configure your transfer to Greenland.