How to send money to Poland
Need to send money from the UK to Poland? Here's how you can do it safely, conveniently and cheaply.
Compare services that send money to Poland from the UKTo find the best way to send money to Poland, simply enter the amount you want to send into the table below. Then compare the providers and their exchange rates and fees to find the best provider for you.
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 pickup 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 vs. 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.
Case study: Pavel Sends Money to Poland
Pavel is spending a few years living in the UK. 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 A||Money Transfer Company B|
|Exchange rate||£1 GBP = 4.21 PLN||£1 GBP = 4.14 PLN|
|Transfer method||Bank account deposit||Bank account deposit|
|Transfer speed||3 business days||4 business days|
|Amount received in PLN for £1,000||4,210 PLN||4,140 PLN|
As you can see, a small difference in the exchange rate leads to Pavel’s parents receiving an extra 70 Polish zloty if Pavel uses the first money transfer company.
Options for sending money to Poland from the UK
- Money transfer companies with cash pickup 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.
How to send money to Poland
- Choose from among the numerous transfer providers who send money to Poland.
- Register with the provider of your choice on their website providing your name, address, contact information and date of birth. A valid photo ID will also be required.
- Provide your recipient’s name, address and contact details. Depending on the transfer method you may also have to supply their bank account information.
- Enter the amount you want to send, complete your transaction and save your tracking or receipt number to follow up on the progress of your transfer.
Foreign exchange rates explained
Both 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 pound is strong when compared to the Polish zloty, you’ll be able to send more zloty per pound 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.
- Deposit large sums into your bank account instead of carrying them around.
- Stay aware of your personal security at all times.
- Take a friend along for assistance and security.
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