"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."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
Overall best way: Wise
Wise scored the highest of the 21 money transfer companies supporting USD to EUR transfers.
In total, Wise appeared in 99.1% of United States to Portugal searches.
For a great mix of cost, speed & features, we advise using Wise for your United States to Portugal transfer.
How to compare companies offering money transfers from United States to Portugal
Considerations for sending money from United States to Portugal
Always compare ways to send money from the United States to Portugal to get the best options for fees, speed, and reliability.
Our analysis included 21 providers that operate between United States and Portugal.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Portugal.
Cheapest way to send money from United States to Portugal: Revolut
Our data shows, over the past six months, that Revolut is 0.2% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* USD and a USD-EUR exchange rate for international transfers that is 0.09% different to the mid-market rate.
Securing the best rates on a USD to Portugal transfer can be done with Revolut but you can always search for your specific amount.
*The most common fee applied by Revolut when sending USD-EUR, based on data from the past six months.
Fastest way to send money to Portugal from the United States: Paysend
Our comparison shows Paysend is the fastest option for sending US Dollar into Euro 60.2% of the time. For urgent USD to EUR money transfers, they’re our recommended choice.
A USD-Euro transfer through Paysend comes with an average 0 USD fee.
To ensure Paysend was the 'fastest' option we compared 21 providers. This comparison was for overall speed of sending money from the United States to Portugal and is a combination of depositing US Dollar, transfer times to Portugal and withdrawal timeframes where applicable.
When speed is a priority, Paysend is the top choice for sending into Portugal from the United States.
Send large sums of money
From the 21 options we compared, Wise offers the strongest all round option for large transfers to Portugal from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Euros to Euro.
As such, we recommend Wise for large transfers between Portugal and the United States.
Understanding the cost of transferring money from United States to Portugal
The total cost of money transfers from United States to Portugal is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-EUR is currently 0.9631 EUR per US Dollar. Providers offering services closer to this rate will ensure more Euro for your US Dollars.
To give a historic average, over the last three months the USD-EUR mid-market rate has been 0.919 EUR per US Dollar, this has had a high of 0.9616 and a low of 0.8922.
From the 21 companies compared, Wise offers the best exchange rate on transfers to Portugal and the United States.
Generally, the exchange rate you receive on converting USD to EUR will be the biggest factor impacting the cost of sending US Dollars to Portugal.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Revolut at an average of 0 USD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Euro. Simply, the higher the amount received in the United States, the lower the cost of sending from Portugal.
Finding the best exchange rate for US Dollar to Euro
Timing is essential for sending money between USD and EUR. The exchange rate you secure impacts how much EUR you get for your USD.
Over the last six months, here’s what we’ve seen:
The exchange rate from USD to EUR averaged 0.919 EUR.
The highest value recorded was 0.9616 EUR, while the lowest was 0.8922 EUR.
There are currently 21 providers offering transfers between the United States and Portugal close to this rate
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Payment methods available to fund your United States to Portugal transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal and United States.
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 from United States to Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.