Sending money to Greece is very easy. There are plenty of great money transfer options available to you for in Greece. Regardless of what you’re looking for in a method to send money to Greece, you should be able to find a service which you think is agreeable.
The current exchange rate for the Euro (EUR) is 0.94995 EUR per American Dollar (USD) as of the time this was written. The EUR reached a high of 0.9532 EUR per USD and a low of 0.9468 EUR per USD during the last 90 days. The 90-day average exchange rate for the EUR was 0.9508 EUR per USD.
The average volatility rate of the EUR against the USD was 0.26% for the last 90 days. This is a normal volatility rate, and the EUR has been fairly stable for a long time now. You can reasonably expect moderate fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Greece is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money should reach its Greek destination in a matter of minutes. Their rates are quite good as well, as sending money through Ria Money Transfer’s fast option is cheaper than using most of their slower competition.
The cheapest way to send money to Greece is through OFX. OFX is an international currency conversion service which also allows users to send money overseas. OFX doesn’t charge any upfront, stated fees, but they instead charge a small percentage of each transaction. The percentage they charge you depends on how much money you are sending at once.
OFX does carry minimum transaction size requirements, but if used wisely you can save more with OFX. OFX charges you on a sliding scale where the more money you send through them at once, the lower their fees become.
TransferWise is the easiest way to send money to Greece. With TransferWise, sending money just takes a few simple steps after your account is all set up. First, you need to tap in the amount of money you want to send. Second, you tap in the money’s destination. After that, all you need to do is pay TransferWise for the transaction and wait a day or two for your money to reach its Greek destination.
TransferWise also offers very low rates which can serve as a substitute for OFX if you find minimum transaction size requirements unacceptable.
The overall best way to send money to Greece is through TransferWise. TransferWise provides the best-rounded option of all the companies that send money to Greece. With TransferWise you can expect an intuitive service and very low rates. Their waiting times could be better at 1-2 days, but this is faster than the majority of the competition, which mostly charges far more than TransferWise.
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