Send money from US to Peru

Highest remittance rate for converting 1 USD to USD = 0.93

Best way to send money from US to Peru

finding the best way to send money from United States to Peru is the hardest thing to do for many people. Little do they know that there are so many options to go with if getting money to Peru is what they are looking for. At ERIQ, we help people who need these services to select the best possible option to help them complete their transfer. We handle the hard part of comparing the best available options so that you can take the shortest minute possible to get the best solution.

Many people are stuck between options when it comes to sending money from USA to Peru because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

Country Guide - Peru

1

Mid Market Rate

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1

Mid Market Rate

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Currencies:
USD-PEN USD-USD
Sort By:
BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 7) $ 107
Receiving Amount
$ 100
Realized Exchange Rate
0.93
wellsfargo USD to USD Exchange Rate
1
Best Value

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Transfer Time : 1-2 Days
Wellsfargo is a one of the safest & leading money transfer service provider for sending money from USA to Peru for sending amount 100. Today’s Wellsfargo exchange rate for sending money from USD to USD is 1 with a $ 7 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 0.93. The pay in options available are Bank, also you can receive money using Cash, at multiple Wellsfargo partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Wellsfargo click here

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.

USD to USD - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to Peru after comparison?
  • With our real-time comparison on sending money from USA to Peru ,
      we have found Wellsfargo remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Wellsfargo, 0.93 ) .
  • To remit money in the bank account of Peru, best companies is ( Wellsfargo, 0.93 ).
  • Current money transfer offeres/promotions are available with money transfer services.
  • For quick money transfer from USA to Peru with agent service is Wellsfargo with exchange rate 0.93.
  • Available pay in when sending money from USA to Peru Bank.
  • Available pay out when sending money from USA to Peru Cash.
  • Other options to transfer money from USA to Peru are Ria, Travelex, Westernunion .
  • The comparison result was last updated on Mar 28, 2024.
  • For the latest comparison result of USA to Peru, Please visit ExchangeRate IQ regularly.

About the United States and Peru

The relationship between the US and Peru dates back to the early 1800s when Peru gained independence from Spain. Today, both countries enjoy a bilateral relationship which has been a major boost in their economy. Nevertheless, there are thousands of migrants from Peru who reside in the United States. This is clear from the remittance activities taking place between these two countries where millions of dollars are converted from the USD to PEN annually.

Cheap way to send money from US to Peru

If you want to send money from the United States to Peru without paying a hefty transfer fee, there are three main options that you will find to be convenient. They include;

Bank transfers:sending money from US to Peru using a bank transfer is possible and can be a cheap option more so if you need to transfer a large amount of money. Bank transfer between the US and Peru is common with migrants who want to legally purchase property back at home in Peru. banks are safe although the process takes some time to clear. The introduction of mobile banking has also significantly contributed to simplifying bank transfer from the US to Peru.

Cash transfer apps: sending money online today has simplified international remittance. Using services like XE Money, you can enjoy cheap money transfer from the US to Peru. one of the main reasons why online money transfers between US and Peru has become more popular because everyone uses smartphones these days. Nevertheless, money transfer apps are generally cheaper and offer more convenience since they deliver money straight into the hands of the receiver. Some of the top-rated money transfer apps that you can use to send money from US to Peru include; Remitly, Xoom, Ria, and XE Money

Cash pick-up services: One of the first-ever ways of transferring money across the world was through money pick-up services. Even posts offices became reliable agents to help people take part in cross border money transfer. In the modern world, services like Western Union and Travelex are some of the top choices for sending money to Peru. With developments such as the Western Union app, your cash pick-up and transfer services can only get better.

Factors to consider when sending money from the US to Peru

To successfully send money from America to Peru, you need to ensure that you have check-marked a couple of things including;

Cost of service: Normally before you set out to send money, you already have in mind the amount of money that you are willing to spend as the cost of service. Knowing how much a particular transfer agent charges will make it easier for you to find the cheapest way to send money from US to Peru.

Service availability: You will also want to make sure that you work with a service that is available in both US and Peru. That way, you will make it easier for the recipient to collect the cash while avoiding wasting more money in the name of reversing the transaction. Through Exchange Rate IQ, these are some of the uncertainties that you can avoid.

Duration: You have to know how long it takes for a particular service to complete your transfer. That way, it will be easier to know which service is the best in terms of speed if it is an emergency transfer. You should understand that there are some services that take much longer like five days in order to complete your transfer.

Historical Mid Market Exchange Rate From US Dollar (USD) to US Dollar (USD) (Weekly)

Current Exchange Rate(Mid Market) :- 1 USD/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To USD

Send US Dollar To PERU Receive US Dollar
1 USD TO USD 1
50 USD TO USD 50
100 USD TO USD 100
250 USD TO USD 250
500 USD TO USD 500
1000 USD TO USD 1000
5000 USD TO USD 5000
10000 USD TO USD 10000
Send US Dollar Receive US Dollar From PERU
1 USD FROM USD --
50 USD FROM USD --
100 USD FROM USD --
250 USD FROM USD --
500 USD FROM USD --
1000 USD FROM USD --
5000 USD FROM USD --
10000 USD FROM USD --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to USD

Company Name Live Exchange Rate
XE Money Transfer $ 1
Wellsfargo $ 1
USD

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