Send money from Italy to US at Best Rates

Highest remittance rate for converting 1 EUR to USD = 1.07

Best Way to Send money from Italy to US

If you are reading this, then you probably have had disappointments with previous mediocre services offered by a bad service provider or are looking for a way to start sending money from Italy to the US. Regardless of the reason, you want knowledge on foreign remittance to make better and informed decisions.

There is no better place you could be at right now if not here at Exchange Rate IQ. With us, you will discover more than enough information concerning the best service providers to use when sending money from Italy to the US.

About EURO and USD

1.34 billion US dollars was remitted to Italy in 2017 according to a report by the World Bank. This clearly explains the cordial relationship between these two states. There is, therefore, need for international money transfer services between them. However, some service providers may be more expensive than others while some may be slower than others.

Exchange Rate IQ highlights the various transfer service providers and what they each have to offer when it comes to sending money from Italy to the US.

Country Guide - United States

1.08

Mid Market Rate

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1.08

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee € 0.006) € 1
Receiving Amount
$ 1.0723
Realized Exchange Rate
1.07
instarem EUR to USD Exchange Rate
1.0788
Best Value

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Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from Italy to United States for sending amount 1. Today’s Instarem exchange rate for sending money from EUR to USD is 1.0788 with a € 0.006 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.07. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here

More Options For Different Sending Amount

We have rates for some more providers but for either less or more sending amount
TransferWise operates on a peer-to-peer exchange basis, meaning that two individuals exchange currencies between themselves, without an intermediary,such as a bank.

Supported Amount - €6 to € 19986
Exchange Rate
1.0816

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More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal and make a big difference with every transfer
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying

The best way to send money from Italy to the US

There is no best way to send money from Italy to the US. A variety of service providers offer different types of services when it comes to making international money transfers. Your best choice would thus be choosing a service provider that fits your transfer plan best. However, certain service providers try and balance their costs, speeds or transfer, rates and flexibility. These are the service providers that are the best when it comes to sending money from Italy to US.

Some of these are:

Banks vs Money transfer companies vs Direct cash transfer services

For a start, banks are good when making international transfers and remittance into the bank of the United States since they offer competitive exchange rates. However, everyone knows that banks charge expensively when sending money overseas.

This is where you may want to consider using online money transfer companies. They are not only fast in remittance but also offer more competitive exchange rates than banks and better fees. With them, you can never go wrong since their security systems are of bank standards. In addition to that, they are easy to use and help you send money from the convenience of your home.

Some of these online money transfer companies that can help you send money from Italy to the US include TransferGo, WorldRemit, Instarem, CurrencyFair and TransferWise.

Direct cash service providers, on the other hand, can also help you get what you want when it comes to achieving your goal of sending money. They have the same attributes as those of online money transfer companies. However, the latter beats them when it comes to better rates and fees. One outstanding feature of direct cash service providers is that they can do home deliveries of money to your Recipients.

Examples of such companies include XendPay, Skrill, Travelex and Western Union.

4 things to consider before sending money to the US from Italy

Some of the factors that you need to consider when sending money from Italy to the US include:

  1. Flexibility: How adaptive are your service providers to your needs? A good service provider should be updated always when it comes to their exchange rates and be willing to offer you limit contracts to protect your money.
  2. Customer support: In case you need any help, a good service provider should be able to present themselves for assistance at a convenient time.
  3. Transfer speed: You have to put the speed of transfer of the service provider you want to choose into consideration. You can arrive at this decision depending on your level of urgency when making a transfer.
  4. Exchange Rate: Always make sure that the EURO-USD exchange rate margin is low.

FAQ's

What is the fastest way to send money from Italy to US?

The fastest way to send money from Italy to the US is through money transfer services such as WorldRemit and TransferGo. You can although consider transfer services like Western Union which can also provide you with instant transfer services at an extra cost of course.

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How much can I send to US from Italy in a single day?

You can send as much money as you want. There is no limit on the maximum amount of money you can send to the US from Italy provided you use a service provider that allows you to. It therefore goes without mentioning that it is important to confirm if your service provider has limits before you hire the service.

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Is it expensive to send money from Italy to USD?

There is always a transfer service to suite your budget even if you intend to send your money for free. However, it is important to note that the fastest way to send money from Italy to US comes at a cost compared to slower options.

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Best Money Transfer Rate EUR to USD

Company Name Live Exchange Rate
XE Money Transfer $ 1.08
Instarem $ 1.08
USD

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