How to send money to Lithuania
Learn how to transfer money to Lithuania at the most competitive cost in 4 easy steps
1. Check the EUR interbank exchange rate against the currency you want to send
Even though the evolution of the exchange rate is fluctuating, it never hurts to stay on top of it to maximize how many you will receive against your sending currency. Track the evolution of the Euro exchange rate and validate your transfer when the EUR rate gets to a specific level.
2. Find the best deal by comparing all the available money transfer companies.
Monito lists plenty of providers to send money to Lithuania, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Get the most of your transfer by comparing all these providers to find the most competitive option for your money transfer.
3. Select the best option with your own criteria
Do you want to transfer money to Lithuania with the cheapest option, with the highest speed of transfer or with the best rated provider?
In addition, it is important to have a look at the options to pay for the transfer and receive the money. Local bank transfer, debit and/or credit cards are the most often available payment methods to send money to Lithuania online. On the other side of the transfer, you often have to decide if you want the converted amount to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and start your transfer to Lithuania with the provider you selected
Visit the provider's homepage to register - be prepared to give a copy of your ID and/or a proof of adress - and set upyour money transfer to Lithuania.