The best way to send money to Comoros: Wise
After reviewing and testing 7 money transfer providers supporting KMF transfers, we found Wise to be the top choice for money transfers to Comoros as of December 2024.
Wise appeared in 100% of KMF transfer searches and ranked as the best option among providers supporting Comoro Franc transfers.
With quick transfers, a low markup of -0.03% on KMF exchange rates, and a low fee of $24.01, Wise offers the ideal balance of cost, speed, and features for KMF transfers.
How to get the best rate when sending money to Comoros
Consider this before sending money to Comoros
Don't settle for the first option. Always compare ways to send money to Comoros to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate in Comoros.
Through this, you get a comprehensive view of all the options you have when sending money to Comoros.
Cheapest way to send money to Comoros: Revolut
If you want to make the most of your KMF transfer, the cheapest way is to use Revolut and pay for your transfer with a Bank transfer.
Over the past 6-months Revolut appeared 100% of the time in our comparison as the cheapest transfer option to Comoros.
With just $0 in fees and 0.03% markup, Revolut is 1.1% cheaper than the next best option.
Bank transfer is the cheapest deposit option to Comoros, pair it with Revolut to receive the most KMF.
*The transfer cost to Comoros depends on the country of origin, amount of KMF sent, payment method, and the exchange rate ‘markup’ on Comoro Franc.
Fastest way to send money to Comoros: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to transfer KMF in 100% searches on MoneyTransfers.com over the past six months.
Ria Money Transfer charges $4 in fees on average and adds a 2.8% markup, which is also 0% cheaper than the next fastest option.
Pair it with a Bank transfer deposit to get your KMF abroad fast and cheap.
Our ‘fastest’ way to transfer money to Comoros includes the transfer amount, deposit method, and transfer and withdrawal times.
The easiest way to send money to Comoros: Wise
Wise ranked as the top-rated money transfer provider in 100% of searches related to Comoros based on 6 months of comparison data from MoneyTransfers.com.
They offer transparent fees, charging $24.01 per transfer with -0.03% markup added to the KMF rate.
Getting started with Wise takes less than 3 minutes, making it a fast, affordable, and user-friendly choice for sending Comoro Franc.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send KMF, it’s the provider that will keep you safe and relaxed while your money moves into Comoros.
The costs of sending money to Comoros
The cost of KMF transfers depends on where your location, amount, funding and withdrawal methods, transfer fees, and the markup added on top of the KMF exchange rate.
Exchange rate markup
The exchange rate markup is the percentage added to the mid-market rate (the "real" KMF rate) by the service provider.
For example, Wise offers one of the best exchange rates by applying a -0.03% markup on the USD-KMF exchange rate.
This means you receive 455.725 KMF - -0.03% for every US Dollar sent.
Transfer fees
Transfer fees to Comoros can be either fixed, percentage-based, or a combination of both.
Suppose you want to send $2,000 to Comoros (KMF).
After analyzing 7 services supporting KMF, Remitly appears to have the lowest fee of $0 per transfer to Comoros.
Deposit method
The way you fund your KMF transfers can significantly affect the cost.
For example, using a bank transfer can cost up to $4 , debit cards can go up to $64.82 per KMF transfer, while credit cards can go as high as $0 per transfer to Comoros.
Bank transfer is the overall cheapest deposit method for sending money to Comoros.
Get the best KMF exchange rate
The exchange rate is the value of the KMF (Comoro Franc) against other currencies, and since it fluctuates, it will affect how much KMF the recipient will get. Sending money when KMF reaches the highest value will result in more KMF for your recipient.
Over the past six months, the KMF exchange rate has:
Averaged at 455.725 Comoro Franc per USD
Reached a high of 455.725 KMF/USD
Dropped to a low of 455.725 KMF per US Dollar
You should aim to make a transfer when the rate is closer to 455.725 KMF/USD. This will give your recipient in Comoros more Comoro Franc.
Pair your transfer with Wise (who offers the best exchange rate), and you will maximize the amount of KMF received.
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Top payment methods to use for transfers to Comoros
Money transfer companies will offer different ways to fund your transfer to Comoros. Depending on the service used, deposit options can affect the speed, the cost of your transfer, and the amount of KMF received.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Comoros.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money to Comoros.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Comoros
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Staying safe with money transfers to Comoros
The key to the safety of your funds is to only transfer Comoro Franc to those you know and trust, as well as using a regulated money transfer company.
All the money transfer services to Comoros we recommend are safe and regulated by financial bodies.
If you're unsure about the key regulatory authorities in Comoros or your home country, refer to our directory of financial regulators.
FAQs
Find answers to the most common questions on our dedicated FAQ page.