If you need to transfer money to Slovakia, taking time to find the best transfer option can see you save money and ensure your money transfer arrives safely and in good time to Slovakia.
Most peoples first conscious thought of how to transfer money is immediately by the bank. That is true, your bank can do transfer money to Slovakia and when already an account holder it can be done rather easily.
Although choosing to transfer money by using your bank seems like the best option to take, however it falls short when it comes to the costs involved of doing so.
Exchange rates by your bank are uncompetitive, meaning you are getting fewer euros for your money. There is definitely room for improvement on the exchange rates by looking elsewhere.
Furthermore, another significant cost of transferring money to Slovakia via your bank is that you will be charged a bank fee for every transfer you make. Again, this cost can be reduced or even avoided by using another transfer option.
Another option you could take is using a money sending bureau to do the transfer. Going to a money sending bureau can see you make your money transfers to Slovakia quickly however it comes at a high expense. They will charge you up to 15% to make the transfer and can offer you an appalling rate of exchange. Again, not an ideal way to transfer money when it comes to cost.
The ideal transfer option to take are really foreign exchange brokers. They are meeting the needs of people wishing to transfer money internationally cheaply and efficiently. They offer better exchange rate that will beat your bank and money sending bureau and they charge low fees for doing your transfer!
RationalFX are a trusted, FSA authorised foreign exchange broker and are highly experienced at transferring money to Slovakia. We even have a secure taliored online payments system where you can make your transfers from the convenience of your own home!
So register with us now! To make transferring money to Slovakia cheaper and easier!