The best services to transfer money to Italy
You’d think it is easy to send money to any country. Just access your bank account online, choose the sum of money, and use an online banking service to send money to another account. Well, it’s not that simple. First, the easiest way doesn’t mean the best way. Second, it’s wiser to compare your options since some platforms offer better conditions.
In this article, we will reveal several methods of how easily to transfer money to Italy without overpaying. You will also learn how to send money to another country, what are the methods, which of them are better, and what are the advantages of transferring money.
How to send money to Italy online?
- Enter the country of departure – United Kingdom.
- Enter the country of receipt – Italy.
- Select the departure currency - you can send money online from the UK in EUR and USD.
- Enter the transfer amount in the selected currency - for example, 2000 GBP.
- Select the currency of receipt - the recipient can receive money in Italy in EUR and USD.
- Choose a suitable option from the 6 proposed providers and follow the link to process a money transfer from the UK to Italy.
How to send money to Italy?
You can send money from one account to another if you live in one country - that’s a simple process. You just need the credit card details of the individual or entity to send money. But what about wiring money to Italy or another country?
First, you should keep in mind the exchange rate. If you have a bank account in USD or in another currency, you should understand that it will be transferred to euros. Check the exchange rate so it will be beneficial for you to send money. And this leads to another thing you should bear in mind - not all international money order remittance companies or banks offer the best exchange rates.
Below you will find several methods you could use to transfer your funds to another country. But keep in mind two things if you want to send money to Italy. First, keep an eye on the exchange rate. Second, take some time to pick the best service to transfer money. Banks are not always the best option in this case.
Top 10 money transfer services for sending money to Italy
The following chart is a calculation of the transfer of 2000 GBP to EUR from the UK to Italy.
Company | Rate | Fees |
---|---|---|
TransferGo | 1 GBP = 1.1805 EUR | 0 GBP |
Monese | 1 GBP = 1.1864 EUR | 10.00 GBP |
Ria | 1 GBP = 1.1792 EUR | 0 GBP |
EasySend | 1 GBP = 1.1795 EUR | 0.99 GBP |
Revolut | 1 GBP = 1.1782 EUR | 0 GBP |
TransferWise | 1 GBP = 1.1828 EUR | 8.37 GBP |
CurrencyFair | 1 GBP = 1.1770 EUR | 0 GBP |
Panda Remit | 1 GBP = 1.1763 EUR | 0 GBP |
InstaReM | 1 GBP = 1.1755 EUR | 0 GBP |
Western Union | 1 GBP = 1.1653 EUR | 0 GBP |
Money transfer services
Which service to use. The cheapest way to send money to Italy
If you have a credit card (and you probably have it), you can always use online banking to transfer funds. But there are 2 disadvantages to this method:
- It takes more time if you use bank services (up to a week).
- Banks don’t always offer the best conditions.
Of course, people are more used to utilizing their bank accounts since they consider this option safer and more reliable. But there are tons of services which you can use to your benefit. It will be faster and cheaper, and it will be safe.
Those companies that are focused on money transfers are the best choice. For example, Skrill, TransferWise, WorldRemit, Western Union are specialized on money transfer services so you can send money faster, safer, and cheaper, than when you use a bank account.
How much does it cost to send money to Italy?
Depending on what services you are using, the fee can be lower or higher. Some services offer quick transfers, or if the recipient doesn’t mind waiting, you could use a low-cost money transfer. Moneywise, it will cost around 5 euros if you are using specialized companies, and it’s for an immediate transfer.
If you want to save some funds and to use a low-cost option, then it won’t exceed 1 euro, approximately 60 cents. Banks offer higher fees since, usually, it requires more funds to transfer money from one bank to another bank in a different country.
Why us?
You could find several companies that compare money transfer companies, so why should you trust us?
Here are some reasons:
- We are trying to compare services from the point of view of a simple user. We are trying to choose only the most useful and safe methods.
- We know which services offer safe transfers - no danger for your funds.
- We have experience in this industry.
- We keep our information up to date.
With our tips and insights, you could easily find the best way to transfer money to Italy or any other country without overpaying.
FAQ
What is the best way to transfer money from the UK to Italy (GBP→EUR)?
What is the fastest way to send money from the UK to Italy (GBP→EUR)?
What is the cheapest way to send money from the US to Italy (USD→EUR)?
How long does it take to transfer money from the US to Italy (USD→EUR)?
Popular destinations for transfers to Italy
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia And Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo
- Congo RDC
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Ethiopia
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Iraq
- Ireland
- Israel
- Italy
- Ivory Coast
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Namibia
- Nauru
- Nepal
- Netherlands
- Netherlands Antilles
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestine
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Russia
- Rwanda
- Saint Barthélemy
- Saint Kitts And Nevis
- Saint Lucia
- Saint Martin
- St Vincent & the Grenadines
- Samoa
- San Marino
- Sao Tome and Principe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Korea
- South Sudan
- Spain
- Sri Lanka
- Sudan
- Suriname
- Swaziland
- Sweden
- Switzerland
- Syrian Arab Republic
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad And Tobago
- Tunisia
- Turkey
- Turkmenistan
- Turks and Caicos Islands
- Tuvalu
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- US Minor Outlying Islands
- US Virgin Islands
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican
- Venezuela
- Vietnam
- Wallis And Futuna
- Yemen
- Zambia
- Zimbabwe