How to send money to Grenada
Find out how to transfer money to Grenada with the best exchange rate in a few easy steps
1. Check the XCD mid-market rate against the currency you want to send
Sending money on the right day is a good way to optimize your transfer. Track the evolution of the East Caribbean dollar mid-market and send the money when you can get a good exchange rate.
2. Select the best option by comparing the available money transfer providers.
Monito lists quite a few providers able to send money to Grenada, such as TransferWise, Western Union, MoneyGram, Xendpay, World First. You can save a lot of money by comparing all your options to find the most competitive option for your upcoming transfer.
3. Choose the best provider based on your criteria
Decide if you’re looking for the option with the overall cheapest cost, the faster transfer time, best customer reviews, or the best compromise.
Another important aspect is to pay attention to the payment solution and pay-out options. Credit cards, debit cards or a bank transfer are the most common pay-in options to send money to Grenada online. To receive the money in Grenada, select the right option, whether you need the converted amount to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer to Grenada with the money transfer provider you selected
Go to the money transfer provider's website to complete the sign-up process - be prepared to upload an ID and/or a proof of adress - and set upyour transaction.