If you are a business that operates internationally, comparing the money transfer services to Portugal is advisable as you willl be able to take into account the benefits of these various services and will thus be able to find the most suitable and cost friendly way for your international payments to Portugal.
The choice of foreign currency exchange provider your business will use will not only be influenced by the exchange rate that you get, but also by other important factors such as their transfer fees, minimum transfer amount and the money transfer services they provide.
The table below is a comparison of some major transfer providers, their fees, minimum transfer amount and online transfer capability to Portugal.
|Provider||Transfer fees||Minimum||Online Transfer|
|RationalFX||Low||£100||Yes - most currencies worldwide||Open an account|
|Money transfer agents||Up to 15%||No||Yes|
|Foreign currency exchange brokers||Free||£250||Yes - limited|