In 2020, there were 10.9 million digital nomads in the US. Remote work is becoming more popular, which means we’re dealing with more and more currencies.
The beauty of being a digital nomad is that you can set up shop and work wherever you want, as long as there’s a decent internet connection. But when you’re hopping around from country to country, how can you cash out to keep up with your lifestyle?
If you’re looking up how to send money to Europe, and vice versa, then you’re in luck. In this article, we’ll show you some great ways to send money to Europe fast!
Send Through Your Bank
An easy and simple way to send money to Europe is to go through your bank. However, if you’re looking for cheap ways to send money, we wouldn’t recommend going this route because banks typically charge high rates for wire transfers. These are usually a fixed rate for international transfers.
However, sending money through your bank is very easy. All you have to do is log onto your online account and click on the “transfer” option. There will be choices to send money to people within your bank, within the country, and out of the country. Just enter the necessary information and you’re done!
Use a Specialized Currency Service
Something that many people are opting for (instead of sending money through their banks) is using a specialized currency service. They offer attractive exchange rates and service fees, which means you’ll pay up to 10% less than you would with a bank! It’s no wonder why this method is so popular nowadays.
Some top names in this industry include Wise and Xoom. No matter which one you choose, not only will you get the best exchange rates, but you’ll also enjoy quick transfer times. So if you’ve been wondering about how to send money to Europe, this is perhaps the best method to choose.
Check With Comparison Websites
Not only are there specialized currency services, but there are also websites that compare these sites and show you the best rates possible.
For instance, transferly.com does a quick search for you after you enter your details (the currencies you want to use). It then displays the current rates and allows you to click on your preferred site to proceed. This can save you some time, as you won’t have to go to each individual site to type in details and do your research!
Be an Expert on How to Send Money to Europe
Now that you know how to send money to Europe, you’ll be able to travel and work without worry. Whether you need to transfer some US dollars to euros, or the other way around, you’ll keep your money flowing so you won’t have to ever run out of cash!
Want to learn more about financial matters? Then keep reading our blog page now!
