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What's the best way to transfer money from abroad?
Whether it is to send money to a loved one, or to pay your rent ... Transferring money abroad has never been so easy these days! We explain to you how it works ✨
Exchange rates
The exchange rate of a currency is the cost of that currency against another.
For example, €1 = $1.06.
So if you want to send precisely €100 to the US, then your recipient will receive $105.72
Transfer fees
Whether it is a bank or any other financial institution, you will have to pay transfer fees, which can be more or less expensive. They are usually composed of a fixed fee that will depend on the type of transfer (classic or fast) and a variable fee that will depend on the amount sent.
Our advice
- Check that the exchange rate is consistent with the market
- If you are flexible, prioritize the classic transfer
- Go to our platform to discover our money transfer partner
A transparent partner, no hidden fees, no bad exchange rate, and you have the total amount broken down to better understand what you will pay and send!
Join us on LivinFrance, a unique platform 100% dedicated to international students. ❤️