Sending money to Bosnia is relatively easy because of the great selection of good international money transfer options available to you. Regardless of what you’re looking for in a money transfer service, there should be at least one which will cover your money transfer destination and which you find agreeable.
The current exchange rate for the Bosnian Convertible Marka (BAM) is 1.789455 BAM per American Dollar (USD) as of the time this was written. The BAM reached a high of 1.8049 BAM per USD and a low of 1.7779 BAM per USD during the last 90 days. The average exchange rate over the last 90 days was 1.7947 BAM per USD.
The average volatility rate for the BAM against the USD was 0.25% for the last 90 days. This is a normal volatility rate which follows the long-term behavior of the BAM. You can reasonably expect only moderate fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Bosnia is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Bosnian destination in a matter of minutes. The fast option is also very affordable and costs less than most of Ria Money Transfer’s slower competition.
The main problem with Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.
The cheapest way to send money to Bosnia is through Ria Money Transfer’s slow option. Ria Money Transfer charges very low upfront rates for their money transfer services. The company’s slow option also charges relatively low hidden currency conversion costs. When both of these factors are considered, Ria Money Transfer’s slower option is the cheapest.
The easiest way to send money to Bosnia is through TransferWise. TransferWise makes sending money to Bosnia exceptionally easy. After you set up your account, all you need to do is follow these simple steps:
1) Tap in the amount of money to be sent
2) Tap in the destination
3) Pay TransferWise for the transaction.
4) Wait one or two days for the funds to arrive at the Bosnian destination
TransferWise offers you the overall best way to send money to Bosnia. TransferWise is the best option because they offer the best-rounded deal, which is good for many different situations. Their waiting times are moderate at one or two days, but the rates they charge and the platforms they offer are the areas where TransferWise shines. When ease of use, cost, and speed are all considered, TransferWise is the best option for sending money to Bosnia.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com