How to send money to Poland
Need to send money from New Zealand to Poland? Here’s how you can do it safely, conveniently and cheaply.
Compare international money transfer services to Poland
How do international money transfers work?
International money transfers allow you to send money to a recipient in a different country, generally by providing funds to a bank or independent money transfer company. You have plenty of delivery methods, too. Bank-to-bank transfers, cash pick-up and deposits are all possible. All you need to do is find the right company with a good exchange rate and low fees and complete a few simple forms. Then your recipient should get their cash within a few days.
Banks versus money transfer companies/services
While banks can easily send international wire transfers, they’ll charge high fees and offer unattractive exchange rates. Money transfer companies, on the other hand, focus solely on moving money internationally. This allows them to offer better exchange rates and lower fees than you would get from a bank, making it a more affordable way to send money to Poland.
Pavel sends money to Poland
Pavel is spending a few years living in Christchurch and building a big savings balance. To help his parents pay off their debt back home in Poland, Pavel wants to send them $1,000. Rather than use his bank, which offers a paltry exchange rate and a hefty transfer fee, he decides to investigate the services of a couple of money transfer providers.
|Money transfer company 1||Money transfer company 2|
|Exchange rate||1 NZD = 2.58 PLN||1 NZD = 2.52 PLN|
|Transfer method||Bank account deposit||Bank account deposit|
|Processing time||3 business days||4 business days|
|Amount received||2,575 PLN||2,515 PLN|
As you can see, a small difference in the exchange rate leads to Pavel’s parents receiving an extra 60 Polish zloty if Pavel uses the first money transfer company.
Options for sending money to Poland from New Zealand
- Money transfer companies with cash pick-up options. Providers like Western Union allow your recipient to pick up the funds you send at agent locations across Poland.
- Bank transfers. Most major banks will allow you to send an international wire transfer to Poland.
- Online money transfer providers. Send money to any Polish bank account from the convenience of your own home.
- PayPal. PayPal may be better known for allowing you to pay for online shopping purchases but it’s also able to send international money transfers.
- Cheques. Sending an international cheque is a slow but effective transfer method.
How to send money to Poland
If you’ve decided to go with a money transfer company, follow these steps to make the process quick and painless.
- Compare your money transfer options in the table above.
- Click “Go to site” and register with the provider.
- Start a transaction, enter your recipient’s information and how much you want to send.
- Pay for your transfer and save your receipt or tracking number.
You can use your tracking number to keep an eye on the progress of your transfer and report any problems if they come up.
Foreign exchange rates explainedBoth money transfer companies and banks use exchange rate to determine how much one country’s currency is worth when converted to the currency of another currency. And because the New Zealand dollar is quite strong compared to the Polish zloty, you’ll be able to send more zloty per dollar you spend. Keep in mind that this amount changes daily, so you’ll want to stay on top of trends if you plan on frequently sending money to Poland.
Emergency cash transfers in Poland
If you need to send money to Poland in a hurry, be wary of the fees and exchange rate that apply to your transaction. You’ll usually be charged a premium for sending an urgent transfer. Closely check the full cost of your transaction, and don’t be afraid to take a little extra time to compare your options. It could save your money and get more zloty in your recipient’s pocket when they need it most.
Tips for picking up cash in Poland
Whenever you pick up the funds from a cash transfer, make sure that you follow a few simple safety precautions to prevent yourself from becoming a victim of theft.
- Avoid any high-crime areas.
- Take a friend along for assistance and security.
- Stay aware of your personal security at all times.
- Deposit large sums into your bank account instead of carrying them around.
Read more on this topic
Remittance statistics We've unpacked the most recently available data from the World Bank to get an idea of how much money is being sent around the globe.
Finder's Starbucks Index Ever wondered how much a Starbucks tall latte costs around the world? And what does that say about the value of currency? Finder's Starbucks Index 2019 delves into the data to find out.
How to send money to Gabon Compare Gabon money transfer services to find a better deal.
Send money to the Balkans Find out how you can send money cheaply and quickly to the Balkans.
OrbitRemit international money transfers Take a look at OrbitRemit and see if it suits your money transfer needs.
Send money to Cameroon Compare your options before sending money to Cameroon to see if you can save on your next transfer.
Send money to China How to send money to China from New Zealand, safely and affordably. Compare international money transfer services and save on exchange rates and fees.
How to send money to Egypt Due to its exotic nature, it will be difficult to find an agency or bank that is able to convert New Zealand currency into Egyptian pounds. The US dollar and other major currencies are widely accepted in Egypt though, giving you the opportunity to send remittances to Egypt from New Zealand without delay.
Send money to India How to send money to India from New Zealand, safely and affordably. Compare international money transfer services and save on exchange rates and fees.
How to send money to Bangladesh Compare your options when you transfer money internationally to Bangladesh.
Ask an Expert