France, one of the biggest and most visited European countries, has a huge expat community and a strong economy. In 2021 economic revival is expected, a year on from the COVID-19 crisis, with anticipated growth of 5.3%; this includes an expected surge in digital remittances. Historically, France is a popular destination for money transfers: whether you are sending money to your family, friends or repatriating your income, we believe customers deserve to secure a transfer solution best suited to their needs.
When considering how to send money France from Monaco there are some key aspects of the transfer to consider.
The fastest money transfer provider is TorFx. The cheapest money transfer provider we found is TorFx at 0.5% Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using TorFx when transferring EUR to EUR.
This means that by using TorFx for online money transfers to France from Monaco, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.
Alternatively, if you are unable to access TorFx for any reason, our comparison engine has found CurrenciesDirect and Moneycorp also to be very good options when sending EUR – EUR.
In order to avoid high fees, you should consider the cheapest way to send from Monaco to France.
TorFx has been determined by our comparison engine to be currently offering you the cheapest international transfer rates possible.
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When sending money from Monaco to France, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, TorFx is the fastest way to send EUR – EUR.
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
To avoid high fees you can opt to use an online money transfer provider such as Moneycorp to pay for your money transfer to France using a credit card.
With TorFx you can send money online to France using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Bank and wire transfers are the most common ways of sending money France as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use TorFx to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in France. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in France.
When sending money to France from Monaco using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.
On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as TorFx, CurrenciesDirect and Moneycorp.
Before sending money to France from Monaco, you should consider the following:
This one’s easy. Simply use our comparison table above to find the best provider to send EUR to EUR. After that it’s just a process of making your transfer via the following steps:
Your recipient has a few methods available to receive your money in France. These will vary between providers, but it is possible to find services that will:
If your recipient is going to collect or have the money delivered to them in France, then they will usually need the following:
The amount of EUR you can receive from Monaco will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers.
You should also check if there are any government regulations pertaining to the amount of EUR that can be received in France or sent from Monaco before making your transfer.