Best way to send money to Moldova |

How to send money to Moldova

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Find great exchange rates and pay minimal fees when you send an international money transfer to Moldova.

Sending a money transfer from the US to Moldova doesn’t have to be a difficult or expensive process. By comparing rates, you can find the right money transfer company and get the best deal.

WorldRemit International Money Transfers

Why we like: WorldRemit

Send money to 140+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

Your first transfer is free with the code FINDER.

  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

    Compare money transfer services to Moldova

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 1 Within an hour USD 0.00 17.501 MDL 87,505 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 Show details

    Compare up to 4 providers

    How do international money transfers work?

    Money transfers allow you to convert US dollars into a different currency and send it to someone overseas. Most companies have convenient websites and apps you can use to make your transfer, but there are also many that allow you to make a transfer over the phone or at a store. You’ll usually be able to pay in a variety of ways, including: cash, credit card, debit cards and bank account transfer.

    Your recipient will be able to receive their funds as cash or directly into their bank account.

    Banks versus money transfer companies

    Banks can be useful for a variety of financial transactions, but you’re likely going to get a better deal when you choose a money transfer company. This is because banks charge high fees and offer their customers low exchange rates. If you want to send a large amount of money quickly, a transfer company will generally be your most efficient option.

    Case Study: Margaret Sends Money to Moldova

    Margaret needs to send $1,000 to her son in Moldova — he’s enjoying a European vacation but is getting low on funds. She doesn’t want to settle for a poor exchange rate from her bank, so she decides to compare the prices of two money transfer providers to see which one offers the best value.

    Money transfer company 1Money transfer company 2
    Exchange rate1 USD = 16.50 MLD1 USD = 16.39 MLD
    Transfer fee$15$10
    Transfer methodOnline, phoneOnline
    Processing time2 business days1 day
    Amount received less he transfer fee16,500 MLD16,390 MLD

    Margaret opts to send money with the first transfer company because it offers a better rate and she can handle the higher fee.

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    How to compare transfer companies when sending money to Moldova

    When you’re looking to compare money transfer companies, keep in mind the following points:

    • Exchange rates. Small differences in exchange rates can make a big difference to the total amount of money you send, so check how each provider’s rates compare to the competition.
    • Fees. Compare each company’s transfer fees to get a better idea of how much each transaction will cost. Some companies will also waive fees for large transfers.
    • Transfer methods. Does the company offer multiple transfer methods, such as the ability to place transfers online and by visiting a branch?
    • Turnaround time. Will the funds arrive in your recipient’s wallet in minutes, or will it be several days before they can access the cash?
    • Minimum amount. What is the minimum amount you can transfer?
    • Pickup methods. Some companies offer bank deposits only, while others will also allow you to make funds available as cash for collection from a transfer agent.

    Foreign exchange rates explained

    Exchange rate will impact how much your recipient will receive when you convert US dollars to Moldovan leu. This is because the dollar has traditionally been stronger against the leu. However, exchange rates are flexible, which means it can change from moment to moment.

    View the current USD-MDL exchange rate

    Options for sending money to Moldova from America

    • Bank transfers. Check with your bank or credit union to find out how much it charges to send a bank transfer to Moldova and what your potential exchange rate will be.
    • Online money transfer providers. There are multiple options when you want to send money through an online transfer company. Simply check our table above to find some reputable providers.
    • Money transfer companies with cash pickup options. Western Union and MoneyGram have cash pickup branches throughout Moldova.
    • Checks. You may consider sending a check, but this will be your slowest option, and you run the risk of it getting lost in the mail.

    How to send money to Moldova

    Although the transfer process varies depending on the company and transfer method you choose, you’ll typically need to follow these steps:

    1. Compare your money transfer options.
    2. Click Go to Site once you’ve made your decision.
    3. Create an account.
    4. Start a transfer to your recipient.
    5. Enter your recipient’s information and the amount you want to send.
    6. Pay for your transaction.
    7. Save your tracking number and receipt.

    Tips for picking up cash in Moldova

    Safety should be your top priority when you’re picking up cash in Moldova. Travel in daylight, preferably with a friend, and never take out large amounts of cash in public.

    Emergency transfers to Moldova

    If your recipient needs money as soon as possible, you’ll want to start an emergency transfer. These are possible, but it’s important that you closely examine the exchange rate you’re offered and the fee the transfer company is charging. Emergency transfers cost much more, so if your recipient can wait a day or two, you’ll both save money.

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    2 Responses

    1. Default Gravatar
      clementDecember 19, 2018

      how can i send money from Moldova to Nigeria.

      • Avatarfinder Customer Care
        ValDecember 20, 2018Staff

        Hi Clement,

        Thank you for reaching out to finder. You can visit this page to check on more options to send money to Nigeria.
        Here are some options that you might want to consider sending money from Moldova to Nigeria:
        Ria money transfer
        World First
        Transfer Wire

        Kindly review and compare your options in the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to their website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

        Hope this helps.


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