- Use promo code 3FREE to get three free transfers
- Easy to use with round-the-clock help
- Get cash to family and friends in minutes
Money transfers can be troublesome, especially when you aren’t sure where to go to send money to Poland. Instead of visiting multiple banks to see if they exchange pounds for Polish Zloty, you may want to focus on comparing your options with money transfer companies. These can keep things quick and cheap so you can spend less time figuring out how to send money and more time doing other important tasks.
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 to send money to Poland 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.
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 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 to send money to Poland.
|Money transfer company A||Money transfer company B|
|Exchange rate||£1 GBP = 5.17 PLN||£1 GBP = 5.14 PLN|
|Transfer method||Bank account deposit||Bank account deposit|
|Transfer speed||2 business days||1-2 business days|
|Amount received in PLN for £1,000||5,171 PLN||5,145 PLN|
As you can see, a small difference in the exchange rate leads to Pavel’s parents receiving an extra 26 Polish zloty if Pavel uses the first money transfer company.
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 to frequently send money to 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.
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.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.