We compared 8 companies sending money from the United States to Peru. Sendwave is the best and cheapest, while TapTap Send is the fastest.
Sending $7,000 with Sendwave gets your recipient 24,601.92 PEN at 3.5146 PEN per USD.
| 8 of 8 providers Last updated on 28 September 2026 | |||
| Based on 7,000 USD transfer Best companies for USD/PEN transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee $69.56 1 USD = 3.3980 PEN +0.01% vs mid-market | Recipient gets PEN 23,549.64 Within a week | |
Ways to receive money in Peru with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $69.561 USD = 3.3980 PEN PEN 23,549.64You pay$7,000.00 | |||
| Promoted  Xe Pay via Bank transfer | Fee $0.00 1 USD = 3.3412 PEN +1.69% vs mid-market | Recipient gets PEN 23,388.40 Minutes - 24 hours | |
Ways to receive money in Peru with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3.3412 PEN PEN 23,388.40You pay$7,000.00 | |||
Run a live search Showing top United States to Peru deals for 7,000 USD. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live USD to PEN rates. | |||
Run a live search These companies offer multi-currency accounts for spending PEN. We suggest doing a live search based on how much USD you're planning to spend in Peru. | |||
Run a live search These are managed services with real human support for large USD transfers. Click the link and update the transfer amount to get the best deal. | |||
| Only available via Mobile App  Sendwave Pay via Debit card | Fee $0.00 1 USD = 3.5146 PEN -3.37% vs mid-market | Recipient gets PEN 24,601.92 Minutes - 3 days | |
Ways to receive money in Peru with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Mobile moneyMinutes - 3 days Free1 USD = 3.5146 PEN PEN 24,601.92You pay$7,000.00 Bank depositMinutes - 3 days Free1 USD = 3.5012 PEN PEN 24,508.61You pay$7,000.00 Cash pickupMinutes - 3 days Free1 USD = 3.5012 PEN PEN 24,508.61You pay$7,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee $0.00 1 USD = 3.3890 PEN +0.27% vs mid-market | Recipient gets PEN 23,723.13 Minutes - 24 hours | |
Ways to receive money in Peru with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3.3890 PEN PEN 23,723.13You pay$7,000.00 | |||
 OFX Pay via Bank transfer | Fee $0.00 1 USD = 3.3812 PEN +0.50% vs mid-market | Recipient gets PEN 23,668.41 Minutes - 24 hours | |
Ways to receive money in Peru with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3.3812 PEN PEN 23,668.41You pay$7,000.00 | |||
| Wise Pay via Bank transfer | Fee $69.56 1 USD = 3.3980 PEN +0.01% vs mid-market | Recipient gets PEN 23,549.64 Within a week | |
Ways to receive money in Peru with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $69.561 USD = 3.3980 PEN PEN 23,549.64You pay$7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Bank transfer | Fee $5.99 1 USD = 3.3454 PEN +1.57% vs mid-market | Recipient gets PEN 23,417.80 Minutes - 24 hours | |
Ways to receive money in Peru with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $5.991 USD = 3.3454 PEN PEN 23,417.80You pay$7,005.99 YapeMinutes - 24 hoursAvailable via:YAPE $1.991 USD = 3.3310 PEN PEN 23,317.00You pay$7,001.99 PLINMinutes - 24 hoursAvailable via:PLIN $1.991 USD = 3.3310 PEN PEN 23,317.00You pay$7,001.99 Bank depositMinutes - 24 hoursAvailable via:All Banks $1.991 USD = 3.3310 PEN PEN 23,317.00You pay$7,001.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit card | Fee $75.99 1 USD = 3.3454 PEN +1.57% vs mid-market | Recipient gets PEN 23,417.80 Minutes - 24 hours | |
Ways to receive money in Peru with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $75.991 USD = 3.3454 PEN PEN 23,417.80You pay$7,075.99 Bank depositMinutes - 24 hoursAvailable via:All Banks $3.491 USD = 3.3176 PEN PEN 23,223.20You pay$7,003.49 YapeMinutes - 24 hoursAvailable via:YAPE $1.991 USD = 3.2803 PEN PEN 22,962.10You pay$7,001.99 PLINMinutes - 24 hoursAvailable via:PLIN $1.991 USD = 3.2803 PEN PEN 22,962.10You pay$7,001.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee $179.99 1 USD = 3.3454 PEN +1.57% vs mid-market | Recipient gets PEN 23,417.80 Minutes - 24 hours | |
Ways to receive money in Peru with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $179.991 USD = 3.3454 PEN PEN 23,417.80You pay$7,179.99 Bank depositMinutes - 24 hoursAvailable via:All Banks $177.991 USD = 3.3176 PEN PEN 23,223.20You pay$7,177.99 PLINMinutes - 24 hoursAvailable via:PLIN $210.001 USD = 3.2803 PEN PEN 22,962.10You pay$7,210.00 YapeMinutes - 24 hoursAvailable via:YAPE $210.001 USD = 3.2803 PEN PEN 22,962.10You pay$7,210.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Cash deposit | Fee $60.79 1 USD = 3.3447 PEN +1.59% vs mid-market | Recipient gets PEN 23,412.90 Minutes - 24 hours | |
Ways to receive money in Peru with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $60.791 USD = 3.3447 PEN PEN 23,412.90You pay$7,060.79 | |||
| Xe Pay via Bank transfer | Fee $0.00 1 USD = 3.3412 PEN +1.69% vs mid-market | Recipient gets PEN 23,388.40 Minutes - 24 hours | |
Ways to receive money in Peru with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 3.3412 PEN PEN 23,388.40You pay$7,000.00 | |||
| Xe Pay via Debit card | Fee $35.00 1 USD = 3.3412 PEN +1.69% vs mid-market | Recipient gets PEN 23,271.46 Minutes - 24 hours | |
Ways to receive money in Peru with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $35.001 USD = 3.3412 PEN PEN 23,271.46You pay$7,000.00 | |||
 TapTap Send Pay via Debit card | Fee $0.00 1 USD = 3.3200 PEN +2.33% vs mid-market | Recipient gets PEN 23,240.00 Minutes | |
Ways to receive money in Peru with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutesAvailable via:Dale, Luqea, Prexpe Free1 USD = 3.3200 PEN PEN 23,240.00You pay$7,000.00 PLINMinutesAvailable via:Plin Free1 USD = 3.3200 PEN PEN 23,240.00You pay$7,000.00 YapeMinutesAvailable via:Yape Free1 USD = 3.3200 PEN PEN 23,240.00You pay$7,000.00 Bank depositMinutes $0.991 USD = 3.3200 PEN PEN 23,240.00You pay$7,000.99 Cash pickupMinutesAvailable via:Jet Peru Cash Pickup $4.991 USD = 3.3200 PEN PEN 23,240.00You pay$7,004.99 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee $2.99 1 USD = 3.2805 PEN +3.53% vs mid-market | Recipient gets PEN 22,953.55 Minutes - 2 days | |
Ways to receive money in Peru with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 2 days $2.991 USD = 3.2805 PEN PEN 22,953.55You pay$7,000.00 | |||
| Xe Pay via Credit card | Fee $210.00 1 USD = 3.3412 PEN +1.69% vs mid-market | Recipient gets PEN 22,686.75 Minutes - 24 hours | |
Ways to receive money in Peru with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $210.001 USD = 3.3412 PEN PEN 22,686.75You pay$7,000.00 | |||
| How Our Results Work Mid-market rate: 1 USD = 3.3982 PEN Updates every 60 minutes. | |||
Transfer details
If you're sending a one-off transfer, then Sendwave is the best option.
For recurring transfers, I'd suggest using an app or a multi-currency account with Sendwave.
For large transfers using a broker like Regency FX is the best option.
If your recipient needs cash, MoneyGram is the cheapest.
How much you send will affect the best option for you right now.
You have 4 ways to pay for your transfer to Peru, including bank transfer, debit card, credit card, and cash deposit.
Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).
You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.
I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).
First time round you'll need to confirm who you are.
An SSN isn't required, an ITIN or a foreign passport works with most companies here.
How much USD you send to Peru heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
| Cheapest service | |||||
|---|---|---|---|---|---|
| $500 | -3.35% | $0.00 | PEN 1,757.02with debit card to mobile money | +PEN 127.91 | |
| $2,000 | -3.37% | $0.00 | PEN 7,029.12with debit card to mobile money | +PEN 412.89 | |
| $5,000 | -3.35% | $0.00 | PEN 17,570.15with debit card to mobile money | +PEN 844.13 | |
| $7,000This page | -3.37% | $0.00 | PEN 24,601.92with debit card to mobile money | +PEN 1,159.65 | |
| $10,000 | -3.35% | $0.00 | PEN 35,140.30with debit card to mobile money | +PEN 1,591.98 |
Mid-market rate: 1 USD = 3.3982 PEN
There are 8 companies available for sending money from the US to Peru, across app, broker, online, multi-currency account, global account, and in person, and more.
For regular transfers home
If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.
Sendwave charges $0.00 on a $7,000 transfer with -3.37% markup, saves your recipient's details for next time, and PEN arrives in minutes - 3 days.
Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.
Sending without a US bank account
Paying in cash at an agent can work without a US bank account.
The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.
Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 23,417.8 PEN in minutes - 24 hours.
However, transfers funded with cash or a money order carry a 1% federal tax from January 2021. To avoid it, fund with a debit card or bank account instead (most agents take both).
For one-off transfers
For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Peru.
Of all online companies listed here, Wise gets you the most PEN per USD.
On a $7,000 transfer, you will get 23,549.64 PEN after a $69.56 fee and 0.01% markup.
But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.
For transfers over $10,000
For large transfers to Peru (e.g. a property purchase, tuition, or moving to Peru), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/PEN that gets lower the more you send.
It's also good to check Wise since you get a bulk discount on transfers over $25,000.
Business payments from the US
Global accounts are for US businesses paying people abroad.
Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.
Holding & spending currencies
A multi-currency account like Wise is the best for holding and receiving PEN.
This is useful for traveling to Peru, building up PEN balance, or receiving payments in PEN.
Wise converts $7,000 at 0.01% markup plus small fee and holds the PEN until you spend it.
With Sendwave, paying by debit card and receiving through mobile money is the cheapest combination. Sending $7,000 gives your recipient 24,601.92 PEN.
Deposit USD by bank transfer, debit card, credit card, and cash deposit.
The simplest way is to pay from your US checking account
Pay by bank transfer using your routing and account numbers.
An ACH payment is usually cheaper than a card, but the it may take some time for it to clear before a money transfer company can send the money to Peru.
You can deposit cash
You'll need to visit nearest MoneyGram branch and had over $7,000.
MoneyGram is the cheapest option and will get you 23,417.8 PEN on $7,000 transfer after fees.
Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.
Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Peru.
Your recipient in Peru can collect PEN through bank deposit, cash pickup, yape, plin, mobile money, and mobile wallet.
They can collect cash in Peru
Your recipient can collect PEN from a participating MoneyGram location in Peru.
They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.
You pay $7,000.00
S/24,602
Cheapest
You pay $7,000.00
S/24,509
-S/93
You pay $7,000.00
S/24,509
-S/93
You pay $7,000.00
S/23,723
-S/879
You pay $7,005.99
S/23,418
-S/1,184
You pay $7,179.99
S/23,418
-S/1,184
You pay $7,060.79
S/23,413
-S/1,189
You pay $7,001.99
S/23,317
-S/1,285
You pay $7,001.99
S/23,317
-S/1,285
You pay $7,000.00
S/23,240
-S/1,362
You pay $7,000.00
S/23,240
-S/1,362
You pay $7,000.00
S/23,240
-S/1,362
You pay $7,177.99
S/23,223
-S/1,379
You pay $7,210.00
S/22,962
-S/1,640
You pay $7,210.00
S/22,962
-S/1,640
The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.
Cheapest way to send money to Peru
The cheapest option is Sendwave, funded by debit card with mobile money for the payout. Your recipient gets 24,601.92 PEN, which is 3.57% more than the next best option.
Fastest way to send money to Peru
The fastest option is TapTap Send. Pay by debit card and choose mobile wallet for the payout. Your recipient gets 23,240 PEN, with the money arriving in minutes.
Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.
Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.
The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.
There is no federal cap on how much of your own money you can send electronically abroad.
Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.
Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.
Do not split cash transactions to avoid a report.
The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.
You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.
You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.
Contact the company first and keep the receipt.
For transfers over $10,000, Sendwave is the best option.
It offers the best exchange rate, which is more important than the fee for large transfers to Peru.
While Sendwave may not always be the cheapest or fastest way to send PEN, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.
The rate changes how much PEN your recipient gets for your USD. Recent movement gives you a useful benchmark before you send.
Mid-market rate:1 USD = 3.398334 PEN
We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Peru and United States.
We work with leading money transfer companies to provide real time fees and exchange rates.
We also conduct detailed company reviews, combined with in-depth analysis, we can offer the best deals on the market - every time you want to transfer money from United States to Peru.
For a deeper understanding of our commitment to integrity and transparency, check out these articles:
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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