The best, fastest & cheapest ways to send money to Montenegro
Compare money transfer services and find the cheapest and easiest ways to make money transfers to Montenegro.
Learn how to secure the best EUR exchange rates at the lowest transfer fees, ensuring a smooth and easy transfer process.
If you just need the best service for EUR transfers, it is Wise. Out of 7 companies tested that support EUR, they appeared 100% of the time as the top-rated provider in our comparisons.
Otherwise, keep reading for expert tips, top EUR transfer deals, and everything you need to know about transferring money to Montenegro.
Send money to Montenegro
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
How to get the best rate when sending money to Montenegro
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates on EUR transfers.
Choose a provider
Select the provider that offers you the most EUR and fits your transfer needs.
Click, sign up & send
Follow the steps & make your transfer. Your transfer to Montenegro will soon be on its way.
About money transfers to Montenegro
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Wise: The best way to send money to Montenegro
We’ve tested 7 companies offering services in Montenegro, and Wise stood out as the best money transfer company to Montenegro.
They offer low fees of just $27.22 and 0% markup on EUR exchange rates, and fast transfer speeds.
Wise offers an ideal combination of features, speed, and cost for EUR transfers.
Regency FX: The cheapest way to send money to Montenegro
Regency FX charges $0 per transfer to Montenegro, with a 0.27% markup on the EUR exchange rate. This is 0.12% cheaper than the second cheapest option.
To get the most out of your transfer to Montenegro, use a bank transfer deposit to maximize the amount of EUR received.
Wise: The fastest way to send money to Montenegro
With Wise, the transfer time to Montenegro is same day.
They charge $27.22 in fees and apply a 0% markup on the EUR exchange rate, which is 0% better than the second-best option.
For the best combination of cost and speed, we suggest using bank transfer to fund your EUR transfer.
Easiest way to send money to Montenegro: Wise
We recommend Wise if you are after convenience. Their app is made for EUR transfers on the go, their fees are low, and transfer times are fast.
They may not always be the cheapest or the fastest for transfers to Montenegro, but the difference would be minimal, especially on smaller EUR transfers.
By “easiest”, we mean the service that is easy to get started with, is fully transparent, and offers a good balance of cheap and fast transfers.
Consider this before sending money to Montenegro
Don't settle for the first option. Always compare ways to send money to Montenegro to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate in Montenegro.
Through this, you get a comprehensive view of all the options you have when sending money to Montenegro.
Need to send over $10,000?
For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR, but they offer the best exchange rate, years of experience, and will offer you the peace of mind you need when sending large amounts abroad.
Understanding the costs involved when moving money to Montenegro
When calculating the cost of money transfers to Montenegro, here's what really matters: the country of origin, amount, payment method, fees, and the markup on the EUR exchange rate.
Exchange rate markup
This is a percentage added on top of the "real" EUR rate (known as the mid-market rate).
Wise, for example, offers the best exchange rate. It adds 0% markup to the USD-EUR exchange rate (0.8521 EUR - 0% per US Dollar).
Transfer fees
These are fixed and/or percentage fees added for the service when sending money to Montenegro.
Let's imagine you want to send $7,000 from the US to Montenegro.
After analyzing 7 companies supporting Euro, we found Regency FX to offer the lowest fees ( $0 in fees and 0.27% markup).
However, exact fees vary by deposit method and the service, for example:
Bank transfers vary from $0 to $490.00000000000006
Debit cards range from $3.99 to $0
Credit card fees vary a lot, mainly due to cash advance fees and/or additional fees from your credit card provider.
How to find the best exchange rate for Euro transfers
An exchange rate is a constantly changing value of EUR in relation to another currency. The exchange rate you secure impacts how much EUR you will get, so timing your transfer is essential to get the most out of it.
Let's dive into some recent EUR trends.
Over the past week, the exchange rate from USD to EUR has seen some fluctuation. On average, it stood at 0.8581 Euro.
During this period, the highest value recorded for Euro was 0.8598, while the lowest was 0.8558.
Wise, which is our recommended service for sending money online to Montenegro offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money to Montenegro!
Top payment methods to use for transfers to Montenegro
Money transfer companies will offer different ways to fund your transfer to Montenegro. Depending on the service used, deposit options can affect the speed, the cost of your transfer, and the amount of EUR received.
Bank transfers
Bank transfers are a standard deposit method used for sending money to Montenegro. Almost all services covering Montenegro offer it.
Bank transfers to Montenegro are usually cheaper than other deposit methods but can take up to 3 business days for EUR to reach Montenegro.
Out of 7 providers we’ve tested, we found Regency FX to be the cheapest for bank deposits, with just $0 per transfer and a 0.27% markup. This is 0.12% cheaper than the second-best option.
When possible, avoid using wire transfers over the SWIFT network for EUR transfers. It is slower and more expensive due to intermediaries involved, instead, look for an ACH deposit option.
Debit and prepaid cards
Debit card transfers to ME are usually faster than bank transfers.
Most EUR transfers can take up to a few hours but it can be slightly more expensive.
We recommend using Remitly if you want to use a debit card or prepaid card to fund your money transfer to Montenegro.
With Remitly, you can expect to pay $3.99 in fees and 1.12% markup when depositing money with a debit card. This is 0.67% cheaper than using the next best provider out of the 7 companies supporting EUR transfers we’ve tested.
Credit cards
You can also use a credit card to fund your transfer to Montenegro.
We found a few options for credit card transfers out of 7 companies compared.
Credit card deposits are usually more expensive when sending money to Montenegro, so if you can, use a bank transfer or debit card deposits so save on fees.
If you do need to make a CC deposit, we recommend running a .
Cash advance alert
Your credit card company may charge you a cash advance fee and offer higher interest rates for international transactions to ME. We recommend avoiding credit cards, and instead opt for a bank or debit card transfer.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Montenegro.
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 Montenegro.
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 Montenegro
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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FAQs
Find answers to the most common questions on our dedicated FAQ page.
How much money can I transfer to Montenegro, and are there any limits?
Are there tax implications when sending funds to Montenegro?
What are the typical fees and exchange rates for sending EUR?
How long will it take for my money to reach Montenegro?
Can I schedule regular EUR transfers?
What currency is used in Montenegro?
Can I send EUR from any country?
How can I track my money transfer to Montenegro, and what should I do if something goes wrong?
Is it better to use my bank for EUR transfers?
Can I use MoneyTransfers.com to money transfers?
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