How to send money to Moldova
Learn how to send money to Moldova with the best MDL exchange rate with these 4 steps
1. Check if the Moldovan leu conversion rate is at your advantage
Transfering money on a date when the mid-market is higher than usual means more money arrives. We advise our users to set-up our smart alerts to frequently check the evolution of the MDL exchange rate.
2. Go with the optimal deal by comparing all the available companies.
We list many providers to send money to Moldova, such as TransferWise, Western Union, MoneyGram, Xendpay, Azimo. Picking the most competitive company from the more than 7 available options is the best way to save on costs.
3. Select the best option for your specific needs
Based on which criteria will make your choice? Total cost, speed, number of positive evaluations? Consider the pros and cons before making your decision.
You may also want to consider the payment solution and pay-out options. You can often find money transfer services allowing you to transfer the money directly from your bank account, other providers will also give you the option to pay by cards. To receive the money in Moldova, select the right option, whether you need the amount in MDL to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and get started wih your transaction with the service you selected
Go to the money transfer provider's website to complete the sign-up process (you usually have to give some ID documents to prove your identity), and provide the details of your transaction.