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Cheapest Method of sending money abroad?

  • 26-05-2017 7:04am
    #1
    tylercheribini
    Registered Users, Registered Users 2 Posts: 2,014 ✭✭✭


    Hi

    Ive been using Western Union to transfer money outside of EU previously as It is most convenient for both parties but they have increased their transaction charge by a few euro and exchange rate works out a few euro less on every 100 euro than Transfer Wise for example. Is this the best crowd to go with in terms of charges/exchange rates? Thanks


Comments

  • #2
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,811 ✭✭✭Delta2113


    I would recommend CurrencyFair.


  • #3
    jameshayes
    Registered Users, Registered Users 2 Posts: 3,772 ✭✭✭jameshayes


    transferwise is a little cheaper but currencyfair is Irish... Revolut is the cheapest and most convenient method however


  • #4
    tylercheribini
    Registered Users, Registered Users 2 Posts: 2,014 ✭✭✭tylercheribini


    Cool, thanks


  • #5
    tylercheribini
    Registered Users, Registered Users 2 Posts: 2,014 ✭✭✭tylercheribini


    P.S Should I set sender and receiver currency as Euro and just let destination bank perform conversion? Thanks


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