Best ways to send money to Italy from San Marino
🏅 The overall best way to send EUR to Italy: XE
💲 The cheapest way to send money to Italy from San Marino: XE
⏲️ The fastest way to send money to Italy from San Marino: XE
🏦 The best way to send money from San Marino to Italy via a bank transfer: XE
💳 The best provider for credit card transfers from San Marino to Italy: XE
💳 The best provider for debit card transfers from San Marino to Italy: XE
EUR to EUR
Italy uses the Euro (EUR), one of the easiest currencies to attain and most popular currencies for foreign exchange trading; this is, in part, due to the fact that 18 other countries also use it as their legal tender. Prior to Italy's switch to EUR the country’s currency was Italian Lira (ITL) but this was phased out by 2002. EUR Despite the easy access of this currency, keep in mind the foreign tax regulations that may apply to this kind of transfer: this will be determined by the amount of money you are sending and which provider you use to send or request the funds.
Choosing the best service provider
The prevalence of the Euro means every international money transfer company will facilitate payments from EUR to EUR. We have found [NUMBER OF PROVIDERS] that service payments San Marino to Italy. The fastest provider is XE, transfers from this provider normally take [SPEED]. The cheapest provider we found is XE at 0.99% above the Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using XE when transferring EUR to EUR.
This means that by using XE for online money transfers to Italy from San Marino, 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 XE for any reason, our comparison engine has found and also to be very good options when sending EUR - EUR.
The cheapest way to send money from San Marino to Italy
XE has been determined by our comparison engine to currently offer you the cheapest transfer rates possible. Many customers are caught out by hidden fees and unexpected exchange rate mark-ups, so to avoid any disappointment at a later date, be sure to acquire all the relevant information before any funds are taken for payment.
The fastest way to send money from San Marino to Italy
When sending money from San Marino to Italy, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers.
Currently, XE is the fastest way to send EUR - EUR. Typically these transfers should arrive with the recipient within 24 hours but it is important to consider delivery speeds are subject to daily cut-off times, office hours and public holidays. We recommend all customers review the terms and conditions in full before making a payment.
What payment methods are available when sending money from San Marino to Italy?
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer multiple options. You are likely to find the most common methods are bank transfers and card payments, but some providers also accept cash and some will even deliver funds straight to your recipient’s door.
When it comes to sending an international money transfer from San Marino to Italy you will need to acquire the following information from your recipient:
Their full name
The SWIFT/BIC code
The IBAN number
The ABI/CAB number
ABI/CAB numbers are unique to Italy and used to identify the recipient’s bank; much like how account numbers and sort codes are used by the UK banking system. An ABI code (Codice ABI) is made up of 5 digits: this will identify the banking institution: a CAB code (Codice di Avviamento Bancario) identifies the specific bank branch.
Sending money to Italy from San Marino using credit card
To avoid high fees you can opt to use an online money transfer provider such as XE to pay for your transfer to Italy.
Sending money to Italy from San Marino using a debit card
With XE you can send money online to Italy using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Using a wire transfer to send money from San Marino to Italy
Bank and wire transfers are the most common ways of sending money Italy 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 XE 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 Italy. If you're unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Italy.
When sending money to Italy from San Marino using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee. In some cases, the intermediary and incoming transfer fees will be covered by the receiving bank or financial institution in Italy; this is something that should be clarified ahead of making payment.
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 XE, and .
Considerations for a EUR - EUR Currency Transfer
Before sending money to Italy from San Marino, you should consider the following:
The amount you want to transfer: It is likely that the more money you send to Italy the more value you will get and more EUR the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
The EUR - EUR exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 1 and the lowest exchange rate margin is currently offered by XE at 0.99% above the mid market rate.
Hidden fees & charges: Before sending money to Italy, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers XE, undefined and undefined will give insight here.
How to send money from San Marino to Italy at the best rate?
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:
Click “Visit Site” inside our comparison table
Register for an account if required
Input how much you are willing to send
Fund your transfer
Receive & save an email confirming your transfer
How to receive transfers from EUR to EUR in Italy?
Your recipient has a few methods available to receive your money in Italy. These will vary between providers, but it is possible to find services that will:
Deposit EUR directly into a bank account
Enable the recipient to pick up cash a specific locations across Italy
Deliver money directly to their door
Send EUR to your recipient’s mobile wallet
If your recipient is going to collect or have the money delivered to them in Italy, then they will usually need the following:
Government issued photo I.D. such as a drivers license, passport or Electronic Identity Card (carta di identità elettronica)
The money transfer reference number
Senders details and the amount of money sent
How much money can be transferred from San Marino to Italy?
The amount of EUR you can receive from San Marino 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 Italy or sent from San Marino before making your transfer.
About Money Transfers to Italy from San Marino
We’ve compared the best money transfer providers to send money from San Marino to Italy. The cheapest provider for EUR to EUR transfers is XE, while the fastest is XE.
|💰 Most transferred amount||1000EUR +|
|💸 Cheapest provider (on average)||XE|
|⚡ ️Fastest transfer time||In minutes with XE|
|💱 Currency Transfer Pair||EUR - EUR|
|📈 EUR - EUR mid market rate||1|
|💳 Pay-in options in San Marino||Bank transfer from San Marino with XE, Debit card with XE, Credit card with XE|
|💵 Pay-out options in Italy||Bank accounts in Italy, Debit card|
|🏆 Top 3 EUR - EUR providers||XE, and|