You’re planning on sending money overseas, and you’re scratching your head about how to do that. Luckily, your quest is far easier with European destinations like Finland because many remittance providers offer cheap and fast services.
They support a wide range of pay-in and pay-out options and offer different exchange rates and fees. Plus, they differ significantly in speed: some provide same-day transfers, while others take as much as three days to complete the transaction. Here below, we’ve listed our top three picks to help you make the fastest money transfer to Finland.
Photo by Alexandr Bormotin on Unsplash
WorldRemit
When it comes to remittances and smaller transfers, WorldRemit is one of the most credible providers out there. For transfers below £10,000, you can get far better rates than a bank. Plus, you’ll be paying considerably lower fees. Compared to digital wallets like PayPal and Skrill, WorldRemit supports more pay-in and pay-out options.
How Much Does it Cost? The transfer fee is £3; they bury hidden fees within the exchange rate margin. The maximum transfer amount is £5,000
How long does it take? It depends on the transfer method. Some delivery routes take only one day, while some take at least four days.
XE
XE is a respected name in the remittance industry, having earned credibility and trust by providing quality services. While XE supports all small and/or large transfers, it doesn’t charge fixed, transparent fees, and it’s better for people who’re not racing against the clock. Despite the non-transparent fees, XE offers better exchange rates for higher volumes.
How Much Does it Cost? The transfer fee isn’t fixed, and it may be buried within the exchange rate margin. The exchange rate depends on the transfer volume.
How long does it take? In some instances, XE may be able to make same-day deliveries. But, in most cases, it will take up to four days to make the transfer.
Lycaremit
Lycaremit is a go-to name in the remittance industry, specializing in providing money transfer services to major European countries and exotic destinations. Besides ultra-competitive rates and quick delivery windows, Lycaremit charges transparent minimum fees, not the case for many remittance providers out there.
How Much Does it Cost? The transfer fee is £2.5 (Although it can change depending on the transfer volume). Generally, Lycaremit offers the most competitive exchange rates in the market.
How long does it take? In most cases, Lycaremit can make the transfer within 24 hours, and a maximum of 48 hours in some other cases. Out of all the options listed here, Lycaremit can help you make the fastest money transfer to Finland.
Bottom Line
The overpriced, lengthy process of banks and other traditional providers has compelled people to seek online remittance providers. Generally, they’re cheaper, faster, and more flexible, but many lack transparency and take a while to transfer the funds. However, there are reliable providers like Lycaremit that charge transparent, minimum fees and offer 24/7 support. Therefore, don’t wait another minute; register right away and allow Lycaremit to help you with the money transfer to Finland.
