Send money to France
Save time and money when sending money to France from Hong Kong.
If you need to send money from Hong Kong to France, make sure you shop around to find a convenient and affordable transfer option.
Banks versus money transfer companies
If you have never sent money overseas before, you could be forgiven for thinking that your bank offers the best transfer options. But while bank transfers may be convenient, they can also be quite costly. Banks charge high transaction fees and also offer some of the least-favorable exchange rates going, so you should always consider looking elsewhere for a better deal.
You may very well find a better deal from a specialist money transfer company. Their transfer fees are typically lower as well, which helps to create a convenient and affordable transfer solution for you.
How do I compare transfer companies when transferring and receiving money via France?
- Exchange rates. Shop around to find the transfer provider with the best available exchange rate, but make sure those great exchange rates don’t come with high fees attached.
- Transfer fees. Compare transaction fees between providers to work out which one offers the best value for money.
- Transfer methods. What options are available when placing transfers: online, in a branch or over the phone? Can you make transfers via a smartphone app?
- Transfer options. Can you place limit orders or forward contracts to find a better exchange rate? Can you schedule regular repayments in advance?
- Transfer limits. Many transfer providers impose a minimum and maximum limit on the amount you can send each transaction. Check those limits to find out whether they suit you.
- Processing time. Some companies offer transfers in as little as a few minutes; others take several business days to complete.
- Pick-up options. Will the funds be deposited into your recipient’s bank account or will your beneficiary have the option of cash collection?
- Customer service. Will you be able to access customer support quickly and easily if you ever need help? What channels are offered and what hours?
- Specialist transfer companies.
- Cash pick-up transfer companies. Western Union and MoneyGram both offer this option.
- Bank transfers. Compare your bank’s exchange rates and fees with those available from specialist money transfer providers.
- PayPal. You could use Paypal’s international money transfer service to send funds from Hong Kong to France.
- International cheques. Posting an international guaranteed cheque is an old-fashioned transfer method, but you could consider it if your recipient is not in a hurry for funds.
- Specialist transfer companies. Start researching to find out which companies offer transfers from France to Hong Kong.
- Cash pick-up transfer companies. Search online for your nearest Western Union or MoneyGram cash pick-up location.
- Bank transfers. Your loved one may wish to send a transfer from their French bank account to your Hong Kong bank account.
- PayPal. PayPal’s international money transfer service is a viable option for smaller transfer amounts.
- International cheques. Check the fees that will apply when you cash an international cheque.
If you need to send a cash transfer to France as quickly as possible, some companies offer transfers in as short a time as 10 minutes. However, before you send this type of transfer, make sure you check the exchange rate and fee you will receive. Emergency transfers tend to cost more than ordinary transactions, so read the fine print closely.
Western Union / MoneyGram branches in France
Western Union and MoneyGram both operate large international money transfer networks with thousands of locations across France and Hong Kong. Some cash pick-up locations in Paris and Lyon are listed below. Make sure you have a photo ID and a transaction reference number handy when you go to collect cash.
La Banque Postale
9 Place De L’hotel De Ville Paris
Open Monday to Friday, 8:00am–6:30pm; Saturday, 8:00am-11:30am.
La Banque Postale
4 Rue De Moussy
Open Monday to Friday 8am-7pm
Open 8am-12pm Saturday
La Banque Postale
5 Rue Grolee,
Open Monday to Friday, 8:30am–6:45pm; Saturday, 9am–12pm.
La Banque Postale
3 Rue Du President Edouard Herriot
Open Monday to Friday, 8:00am-6:30pm; Saturday, 8:00am-11:30pm.
Tabac St Michel
22 Rue Saint Andre Des Arts
+33 1 46 33 08 08
Open 6:00am–8.00pm all week.
The Change Group
134 Boulevard Saint Germain
+33 1 40 46 87 75
Open Monday to Saturday, 9:10am-8:50pm; Sunday 11:00am-6:40pm.
Tabac Du Lycee
34 Rue Neuve
+33 4 72 07 84 80
Open Monday to Saturday, 7:00am–9:00pm; Sunday, 10:00am–7:00pm.
1 Cours De La Liberte
+33 4 26 02 33 87
Open 10:00am–7:00pm all week.
No matter where you are in the world, it is always a good idea to exercise a few simple safety precautions when picking up cash from a transfer agent. Take a friend along with you to act as a deterrent against thieves and make sure you pick up cash only in an area where you feel safe. Keep the cash hidden when in public and don’t carry it around for any longer than necessary. Make sure you deposit the money in your bank account ASAP.
Although transfer methods vary between providers, you will typically need to do the following when you want to send an international transfer:
- Sign up for an online account. This is usually free to do. You will need to provide your name, contact details and a valid form of photo ID.
- Provide your transaction details. You will need to specify how much money you are sending and in which currency. The transfer provider will also need to know where the money will be transferred and who will be receiving it.
- Finalise your transfer. The final step is to review the full cost of your transaction and place your transfer request. Many providers also offer online tracking services so you can monitor the progress of your funds.
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