MoneyTransfers

Best Ways to Send money to Peru

Enjoy fast transfers, low fees, great exchange rates, and helpful service when you send money to Peru.

Read on for quick reviews, expert tips, and everything you need to transfer money to Peru.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
November 22nd, 2023
Disclosure
Best Overall
8.2
Global66

Global66 is the top rated money transfer provider that usually appears in our search results to Peru.

Cheapest Overall
8.6
XE

Users who searched to send money to Peru usually find XE had the lowest rates and fees.

Compare rates and fees for sending money to Peru

There are multiple ways to easily send and receive money in Peru but these will largely depend on the provider you decide to use.

Sending Money to Peru

Peru may still be considered a developing country but over the last few decades it has become one of the most prosperous countries in South America. While Spanish is the main spoken language, a range of other Indigenous languages are also used by natives across the country. Customers sending money overseas to Peru should consider the various local dialects, cultural differences and rate of exchange before arranging a transfer.

What’s the Fastest Way to Send Money to Peru?

The fastest way is through the fast option provided by Ria Money Transfer. Ria Money Transfer’s fast option will see to it that your money reaches its Peruvian destination in a matter of minutes. While there are other services that usually complete the transfer in under an hour, Ria Money Transfer is cheaper than them. It’s also fairly simple to use, saving you time and money.

What’s the Cheapest Way?

The cheapest way to transfer money to Peru is through OFX. OFX offers very low hidden currency conversion costs and doesn’t carry an upfront, stated fee. The service isn’t too slow either, as it will only take a day or two for your money to reach its Peruvian destination.

What’s the Easiest Way to Send Money to Peru?

The easiest way is through Wise. The peer-to-peer payment system makes it exceedingly simple to send funds to Peru. All you need to do is tap in an amount of money and its destination. After that, you must complete your payment to Wise. At this point, it should only take a day or two for the transfer to be completed. Wise is also available in most countries, so it is convenient if you are on the move, or are unsure of your geographic future.

What’s the Overall Best Way to Send Money to Peru?

This one is a close call between OFX and Wise, but when all things are considered, Wise is the overall best way to send funds to Peru. Both of these options offer great deals, but Wise is ideally suited to regular usage and transfers of various sizes. It is also easier to use and available in far more countries than OFX. For these reasons, Wise is the overall best option for you.

The USD to PEN exchange rate

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Contributors

Jonathan Merry
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