How to send money to Portugal
Find out how to send money to Portugal with the lowest fees and best rates with these 4 steps
1. Check the EUR interbank exchange rate against the currency you want to send
Converting your money on a date when the mid-market is higher than usual gives your more EUR for your money. We recommend our users to use smart alerts to track the evolution of the mid-market.
2. Compare more than 39 providers available for transfers to Portugal to find the best deal.
Monito compares many different services to make money transfers to Portugal, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Optimize your transfer by comparing all these providers and go with the most competitive deal for your upcoming transfer.
3. Choose the best option for your transfer
Do you need to send money to Portugal with the most competitive provider, as quickly as possible or with the provider with the best ratings?
In addition, it is important to pay attention to the pay-in and pay-out options. Credit cards, debit cards or a bank transfer are the most often available payment options to send money to Portugal online. In Portugal, select the right option, whether 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 transfer to Portugal with the company of your choice
It is now time to fill the sign-up form on the money transfer provider's homepage (you most of the time have to provide some documents to confirm your identity), and provide the details of your transfer to Portugal.