How to send money to Latvia
Learn how to make a money transfer to Latvia with the best EUR exchange rate in a few easy steps
1. Check if the EUR mid-market rate is interesting
Although the currency market is unpredictable, it is a good idea to keep an eye on it in order to maximize how many you will receive for your money. You can subscribe to exchange rate email alerts to keep an eye on the EUR mid-market's evolution.
2. Compare the more than thirty money transfer providers available for transfers to Latvia and find the best deal.
We compare plenty of companies to transfer money to Latvia, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Selecting the most competitive money transfer provider from the more than 36 available options is the best way to save money.
3. Select the best provider for your needs
Search for the service with the lowest total cost, the faster transfer time, highest reviews, or a good compromise.
In addition, you may want to take into account the pay-in and pay-out options. Customers often have the option to pay your transfer by transferring the money from your bank account or by cards (credit or debit). On the recipient's side in Latvia, choose if you need the amount in EUR 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 transfer to Latvia with the money transfer provider of your choice
Go to the provider's homepage to sign up (you normally have to give some information to prove your identity), and configure your transaction.