How to send money to Monaco
Discover how to transfer money to Monaco at the best rate in four easy steps
1. Check if the EUR exchange rate is in your favor
Although the evolution of the currency market is fluctuating, it can help you save money to follow it so that you can optimize how many the recipient will get. We recommend our users to take advantage smart alerts to follow the evolution of the mid-market.
2. Compare the more than 32 services available to send money to Monaco in order to find the best deal.
Our comparison engine lists a lot of providers to make money transfers to Monaco, such as TransferGo, TransferWise, Western Union, CurrencyFair, Currencies Direct. Optimize your transfer by comparing them all to find the best option for your transfer.
3. Choose the best provider that suits your needs
What is the most important for you? Overall cost, speed of the transaction, number of customer ratings? Evaluate the pros and cons before making your decision.
You may also want to have a look at the pay-in and pay-out options. You will often have money transfer services offering to you the option to transfer the money directly from your bank account, others will also accept debit and credit cards. On the other side of the transfer, choose if you need the money 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 provider of your choice
It is now time to fill the sign-up form on the money transfer provider's website (you most of the time have to provide some information to confirm your identity), and configure your transfer to Monaco.