The Portuguese Republic is also known as Portugal, is a developed and high-income country. The currency of country is Euro (€), which replaced the Portuguese Escudo. This makes the country a part of Eurozone with a GDP per capita of 77% of the EU28 average in 2017.
Portuguese origin people are spread across the globe since the colonization era and in later years also people have migrated to other countries. Most of its citizens are living in France, Singapore, the USA and Canada. These are the countries where it also receives the highest remittance.
Because of gaining a large amount of remittance every year, many money transfer companies are offering their services in the country. Many banks are also offering their services in Portugal and you can select the one which has low transfer fees and best exchange rates. You can quickly and easily compare all money transfer options to send money to Portugal on a unified platform Exchange Rate IQ.
In this way, you can get the cheapest way to send money to Portugal. Besides this, you can also use the coupon codes to get the bonus on money transfers.