If you need to transfer money to Estonia you will save money if you research the cheapest options available to you.
There are three main possibilities to transfer money to Estonia; you could use a bank, a Money Sending Bureau or a foreign exchange broker.
Which one will be best for you depends largely on how many Estonian kroon you need to transfer to Estonia and how often you need to make the transfers.
If you need to transfer money to an Estonian bank account, with the Tallinn Nordea Bank for example, then a high street bank is one option.
Banks can generally organise transfers with one phone call or visit, making this a convenient option.
However, you could find that there are some unexpected charges involved in transferring money to Estonia this way.
Banks don't generally offer the best kroon exchange rates and they will also impose per-transfer fees on your transactions.
Money Sending Bureaus are also renowned for adding high per-transfer fees - sometimes as much as ten or 15 per cent - making both of these options rather costly for people who want to make regular transfers to Estonia.
To avoid these high transfer fees it is worth enquiring with RationalFX to see if we can offer you a better deal when you transfer money to Estonia.
You can open an online account for free in order to view and compare the Estonian kroon exchange rates on offer today.
While you browse the rates, bare in mind that we do not charge high per-transfer fees when you transfer money to Estonia with us.