How to send money to Peru
Find out how to send money to Peru at the best PEN rate with these 4 steps
1. Check the PEN exchange rate against your own currency
Even though the currency market is impossible to predict, it can help you save money to follow it so that you can optimize how much the receiver of the transfer will get. You can take advantage our smart alerts to follow the evolution of the mid-market.
2. Select the optimal deal by comparing all the available companies.
Our comparison engine lists many companies offering money transfer services to Peru, such as TransferWise, Western Union, MoneyGram, OFX, InstaReM. Save money by comparing them all and find the best deal for your transfer.
3. Pick the best option for you
Select the money transfer provider with the most competitive pricing, fastest transfer speed, best reviews, or a good compromise.
You may also want to consider the options to pay for the transfer and receive the money. Customers often have the option to pay your transfer by transferring the money from your bank account or by credit or debit cards. In Peru, you can decide if your 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 money transfer to Peru with the money transfer provider of your choice
Visit the money transfer provider's website to go through the sign-up process (you most of the time have to upload some documents to prove your identity), and get started with your transaction.