About USD and PLN
Poland is one of the most influential US partners in Europe and their bilateral corporation is robust. There are many US Citizens, families, and friends residing in Poland. These are many reasons one would wish to send money from US to Poland. Unfortunately, some people may not know how to do so. Below, we list the various transfer services that can help you do so quickly and at affordable rates.
Best way to send money from the US to Poland
Banks come first in mind when sending money from US to Poland. With the strong relationship between the Polish leaders and the US government, there is reason to say that the banking system between these two countries is stable. This means that banks offer relatively cheaper rates for cross-border transfers between US and Poland. You can take advantage of this or choose Western Union and Travelex that are reliable money transfer agents. They make sure that your money reaches its destination in a matter of minutes.
We also have online transfer companies. They are affordable than most other options. The online transfer companies are good at giving online support whenever needed and offer the fastest way to send money from US to Poland. Some of the 4 best companies for this type of service are:
4 things to consider before sending money from the US to Poland
Some of the most important factors to consider when sending money from US to Poland that will make you not lose the worth of your USD are:
- Processing time: Some transfer companies take time before your payment is received. Banks, for instance, can take up to 2 days to process your fees for the cheque to mature. You can, however, send money to banks of the same organization as this will help reduce the amount of processing time it takes on your money.
- Minimum amount: The minimum amount of fees that your transfer service is willing to offer you will also matter. Check the maximum amount of money allowed and compare it to the amount of money you have. After that, choose the options that can enable you to make the transfer. Then keep looking at other factors before choosing the best option.
- Exchange Rates: This is by far the most essential factor to consider when sending money across international borders. It keeps changing based on the economic conditions of a state. The Real-Exchange rate, also referred to as the Mid-Market rate should be the baseline comparison factor that you have to use. If it is close to the current market rate offered by the transfer option you want to use, then that is the best one to go for.
- Speed of transfer: When money is needed fast, the best option to go for is the quicker one where you may also have to pay extra fees. However, if your recipient can wait, then go for an option that offers a low rate and fees despite the time.