Find out how to send money to Latvia at the best EUR rate with these 4 steps
Even though the evolution of the currency market is fluctuating, it is a good idea to keep an eye on it so that you can maximize how much your recipient will receive. Monitor the exchange rate and send the money at a favorable moment.
Search for the service with the most competitive pricing, the shortest transfer time, best customer ratings, or a combination of these factors.
Another important aspect is to pay attention to the options to pay for the transfer and receive the money. Transferring money from your e-banking or via your debit or credit card are the most often available pay-in methods to send money to Latvia online. In Latvia, 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.
Now is the time to register on the money transfer provider's online portal (you usually have to upload some information to confirm your identity), and get started with your transfer to Latvia.