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Send money to Macedonia

How to take advantage of low fees and competitive exchange rates when sending money to Macedonia.

Shirley Liu

Updated Apr 27, 2020

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If you need to exchange US dollars for Macedonian denars but don’t want to deal with the low rates offered by your bank, consider using an international money transfer company to send money to someone overseas. The process is relatively inexpensive, and you can compare your rates to find the best available deal.

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Select your currency and transfer amount, and compare the fees, rates and transfer times of different providers.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
$1	Same day	-	-		XE offers fast transfers with no fees and a range of foreign currency tools.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
$1	Within an hour	N/A	N/A	N/A	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
GBP 1,000	1 - 2 days	N/A	N/A	N/A	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
$1	1 - 2 days	N/A	N/A	N/A	Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online Transfer options Regular payments, One off payments Customer service Phone, Chat, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
$1	3 - 5 days	USD 20.00	51.622	MKD 24,779	The biggest name in money transfers can get your funds to friends, family, or businesses in almost every corner of the globe.		Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Phone, Agent, Bank Account to Bank Account, International Money Order Transfer options Regular payments, One off payments Customer service Phone, Chat, Email, Branch Available currencies AED, AFN, ALL, AMD, ANG, AOA, ARS, AUD, AWG, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BND, BOB, BRL, BSD, BTN, BWP, BZD, CAD, CDF, CHF, CLP, CNY, COP, CRC, CUP, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, FKP, GBP, GEL, GGP, GHS, GIP, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HTG, HUF, IDR, ILS, IMP, INR, IQD, IRR, ISK, JEP, JMD, JOD, JPY, KES, KGS, KHR, KMF, KPW, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, LYD, MAD, MDL, MGA, MKD, MMK, MNT, MOP, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SDG, SEK, SGD, SHP, SLL, SOS, SPL, SRD, STD, SYP, SZL, THB, TJS, TMT, TND, TOP, TRY, TTD, TVD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, WST, XAF, XCD, XDR, XOF, XPF, YER, ZAR, ZMW Read the full review
$1	Same day	N/A	N/A	N/A	Easily transfer cash to more than 350,000 locations around the world.		Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Agent, Bank Account to Bank Account, Cash Transfer, International Money Order Transfer options N/A Customer service Phone, Email Available currencies AED, AFN, ALL, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, GBP, GNF, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, LRD, LYD, MAD, MGA, MXN, MYR, NGN, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SBD, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, UZS, VEF, VND, VUV, WST, XCD, XOF, XPF, ZAR Read the full review
$1	Same day	N/A	N/A	N/A	No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.	Go to site	Compare	Show details	Details Minimum transfer amount 1.00 Transfer methods Online, Phone, Agent, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Email, Branch Available currencies AED, ALL, AMD, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, CAD, CDF, CHF, CLP, CNY, COP, CRC, DJF, DKK, DOP, EGP, ERN, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KGS, KHR, KMF, KZT, LAK, LBP, LKR, LRD, MAD, MDL, MMK, MNT, MXN, MYR, MZN, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SCR, SEK, SLL, SRD, THB, TJS, TND, TOP, TRY, TTD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, XAF, XCD, XOF, YER, ZMW, BYN Go to site Read the full review
$50	1 - 2 days	N/A	N/A	N/A	InstaReM offers quick and simple international money transfers with the ability to earn loyalty points.	Go to site	Compare	Show details	Details Minimum transfer amount 50.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, BDT, CAD, CNY, EUR, GBP, HKD, IDR, INR, KRW, LKR, MXN, MYR, NPR, PHP, PKR, SGD, THB, USD, VND Go to site Read the full review
$0	1 - 2 days	N/A	N/A	N/A	Special offers like free transfers and better exchange rates available for new customers. Quick, affordable transfers around the world with both express and economy options.	Go to site	Compare	Show details	Details Minimum transfer amount 0.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ARS, BDT, BGN, BOB, BRL, CLP, CNY, COP, CRC, CZK, DOP, EGP, ETB, EUR, GHS, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, INR, JMD, KES, KMF, KRW, LKR, MAD, MXN, MYR, NGN, NIO, NPR, PEN, PHP, PKR, PLN, PYG, RON, RWF, THB, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XOF, ZAR Go to site Read the full review

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What's in this guide?

Compare Money Transfer Services
How do international money transfers work?
Banks versus money transfer companies
How do I compare transfer companies sending money to Macedonia?
What are my options for sending money to Macedonia from the US?
Steps to send money to Macedonia
Tips for picking up cash in Macedonia

How do international money transfers work?

International money transfers are the way you send money from one country to another—in this case, from the US to Macedonia. You’ll need to provide the funds to your bank or an independent transfer provider that will then convert the money to the appropriate currency before sending it off to your recipient. You can pay by cash, card or directly from your bank account. Your recipient can receive the transfer in the form of cash, or they can have it directly deposited into their own bank account.

With so many options, it’s easy to find a way to complete an international money transfer.

Banks versus money transfer companies

When you need to make a money transfer, your bank may seem like the obvious choice. However, with high fees and low exchange rates, most banks are hardly competitive when it comes to international transfers. You should instead consider finding an independent money transfer company, one that has minimal fees coupled with decent exchange rates.

While both are valid options, you’re more likely to save money and send more to your recipient when you choose a money transfer company rather than a bank.

Case Study: Vesna Sends Money to Macedonia

Vesna left Macedonia in the late 1990s to move to the US permanently, but she still stays in contact with her parents in Skopje. She regularly sends them money to help them during their retirement, and when their home is damaged after a storm, Vesna makes plans to send them an emergency transfer of $1,000 to pay for repairs. She compares her current bank to an international money transfer service to see which one can offer a fast and affordable transfer.

	US bank	Money transfer company
Exchange rate	1 USD = 55.99 MKD	1 USD = 56.639 MKD
Transfer fee	$60	$10
Transfer method	Online, phone or bank	Cash pickup transfer
Processing time	1 – 3 days	10 minutes
Amount received less the transfer fee	55,930 MKD	56,072 MKD

As you can see, Vesna can send an extra 142 MKD by using the money transfer company and save money on transfer fees. Her parents won’t have to wait long to start repairs on their home, and Vesna can sleep comfortably at night knowing she’s helped keep them out of a bad situation.

How do I compare transfer companies sending money to Macedonia?

Exchange rates. Shop around to see what exchange rates are available among different providers. Be aware that better exchange rates will sometimes also come with higher fees attached.
Transfer fees. You’ll usually need to pay some sort of fee each time you send a transfer. Compare the amount charged by different providers to find one that’s low enough to still get you a good exchange rate.
Transfer methods. Different providers have different transfer methods. Many offer transfers that can be done online, over the phone, in-person or through a mobile app.
Flexible options. Some companies let you get a better exchange rate by placing forward contracts (which allow you to lock in an ideal exchange rate now and transfer the money later) and limit orders (which allow you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met), while they may also offer you the flexibility of scheduling regular payments in advance.
Turnaround time. While some companies offer transfers in as little as a few minutes, these urgent transactions usually cost more to send. Longer transactions will cost less and will often end with your recipient getting more money.
Transfer limits. Check to see whether the provider imposes minimum and maximum transfer limits on a transaction.
Pickup options. While some companies will allow your recipient to collect the cash you transfer from their nearest branch, others will offer transfers in the form of bank account deposits.
Customer service. It’s essential to investigate a company’s reputation for offering friendly and efficient customer service so that you can get a fast answer to your questions if you ever encounter a problem.

Foreign exchange rates explained

Exchange rate is a simple calculation that allows banks and other international companies to convert currency from one country to another. A strong currency will yield more when exchanged for a weak one, and since the Macedonian denar (MKD) has been traditionally weak against the US dollar (USD), you’ll be able to send more denar when you complete a money transfer.

See today’s USD to MKD exchange rate

What are my options for sending money to Macedonia from the US?

Money transfer companies. Find a money transfer company that specializes in sending money from the US to Macedonia.
Cash pickup transfer providers. Western Union and MoneyGram both have several locations in Macedonia.
Bank transfers. Speak to your bank about the cost involved in sending a transfer to Macedonia.
International guaranteed check. Mailing an international guaranteed check to Macedonia is a secure but slow transfer method.

Tips for picking up cash in Macedonia

Whenever you pick up cash, you’ll want to remain safe and keep your cash out of the hands of potential thieves. Following these tips should help.

Don’t travel alone — bring a friend and travel during the daylight hours.
Stay aware of your surroundings and keep an eye out for anyone acting suspiciously.
Only visit a cash pickup location in an area where you feel safe.
Don’t display your cash in public.
Don’t carry large amounts of money around for any longer than necessary.

Thank you for your feedback!

Shirley Liu

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

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How to take advantage of low fees and competitive exchange rates when sending money to Macedonia.

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