5 Best Ways To Send Money From Europe To USA

Sending money overseas, whether from Europe to the USA or anywhere else in the world, can be a little intimidating. You want your transfer to be processed quickly, with minimal fees, a fair exchange rate, and no delays. But how can you track down a service that checks all the right boxes?

Here are a few easy tips on sending money from Europe to the USA and factors to consider before choosing a provider.

Key Takeaway

  • How To Send Money to USA from Europe
  • Factor to consider before choosing a method to send money to USA
  • Learn about the 5 Best ways to send money from Europe to USA
send money from Europe to USA

How To Send Money from Europe to USA

Each transfer service provides detailed instructions on how to send money abroad. However, they generally follow the same procedure.

  • Register or Sign In

Create an account with the best international money transfer service for your needs. Provide your driver’s license, passport, or other government-issued identification to prove your identity

  • Provide the details of the Recipient

Enter the name and banking information for the person receiving the funds. Choose a place if your receiver needs to pick up the money. Please supply the Recipient’s name precisely as it appears on their government identification.

  • Choose How Much to Send

Choose how much money you want to send and which currency your receiver will receive.

  • Pay for Your Transfer

You can pay for the transfer with a credit card, a debit card, or a direct bank transfer. Paying for the transfer with your bank account will be the least expensive choice, whereas paying with a credit card would almost certainly result in costs.

  • Track Your Funds

Most services will show an estimated delivery date and time when you make the transaction. They frequently allow you to monitor the progress of your international money transfer.

Factor to consider before choosing a method to send money from Europe to USA

Several factors must be considered when selecting a way to transfer money to another country.

There are a variety of choices available to consumers who want to send money to family or friends abroad, but the cost and processing time should be taken into account before choosing a method:

  • Fees.
  • Limits on amounts.
  • Timing.
  • Money destinations.
  • Countries.

1. Fees

To send money outside of the United States, a bank or business-like Western Union or PayPal will charge you fees. Usually, a percentage of the total is charged as the fee. Another thing to remember is that the business will probably add a markup to the currency exchange rate.

2. Limits on amounts

Limits on amounts are another thing to think about. To adhere to various international banking requirements, you may send minimal and maximum sums abroad, depending on the bank or firm you choose.

The restrictions might be cumulative over a predetermined amount of time or apply to every transaction.

3. Timing

The time it takes for the money to arrive in another country is a significant determining factor. It can take a few days or longer for the money to appear in your bank account.

There are additional methods if the money transfer needs to be done almost instantly. Be prepared to pay an additional fee for convenience if your receiver requires the money right now.

4. Money destinations

 Some providers may transfer money into a bank account, while others would require the Recipient to have an account with the service. Before the money transfer, decide which option is the most convenient.

Other organizations, such as Western Union, allow consumers to pick up actual cash at various physical locations.

5. Countries

Shop around and compare different services because many are limited to specific countries and are not available everywhere.

5 Best ways to send money from Europe to USA

You can make your international money transfer through the bank where you have a checking or savings account, or you can open an account with a company that specializes in sending money, such as Western Union, MoneyGram, PayPal, Xoom, TransferWise, or Payment.

Here are some of the top best international money transfer services.

1. Western Union

Western Union is one of the oldest money transfer companies, sending cash between nearly 200 countries. Western Union offers actual branches all around the world if you prefer to transfer payments in person rather than online, which they also do.

2. MoneyGram

MoneyGram is the second-biggest money transfer company, trailing only Western Union. It operates in over 200 countries and has around 350,000 retail outlets, which is ideal if you want the Recipient to receive cash.

Transfers from bank accounts are free, but other ways, as well as MoneyGram’s exchange rates, which can exceed 3%, are more expensive. Same-day money transfers are an option.

3. PayPal

PayPal is the quickest and most convenient way to transmit money worldwide and digitally. You transfer money from your PayPal account to the PayPal account of your receiver. The entire procedure is carried out digitally.

You link your bank account to send funds using PayPal, and the Recipient digitally transfers money from PayPal to his or her bank account.To send money to family and friends in other countries, PayPal charges a small percentage of the transaction (up to 2%).

The transfer of money from a checking account to an existing PayPal account is instant. However, the Recipient’s bank may take a few days to transfer the money to their account.

4. Xoom

Xoom provides quick international money transfers. In many situations, receivers receive their money in a matter of minutes. As a PayPal firm, you can send money via PayPal, but the money must originate from your bank account, not your PayPal balance.

What you can transfer depends on the various “permission tiers” offered by Xoom. Up to $50,000 can be sent instantly with a fully confirmed account. The transfer is nonetheless delayed by a few days if you send more than $10,000 in a single transaction.

Instead of a direct bank transfer, Xoom only accepts debit or credit card payments and levies steep fees. Large transfers could take longer, even though Xoom specializes in express transfers.

5. TransferWise

 The exchange rate appears to be among the greatest, and you can send money from US banks to more than 20 currencies and 70 countries. Transfers made with a debit or credit card can take minutes, but bank transfers can take one to three business days.

6. OFX

OFX does not charge any fees, and the conversion rate is less than 1%; nevertheless, all transfers must occur within bank accounts, and it usually takes two to four days for your receiver to get the funds.

The company can send funds to 197 countries and 55 currencies. The minimum transfer amount is $1,000.

Read Also:

How To Transfer Money From PayPal To Bank Account Or Debit Card

How To Accept Credit Card Payments In 7 Simple Ways

How To Get Instant Approval Virtual Credit Card With Instant Use


Your needs will determine which international money transfer service is ideal for you. Look for firms with fast speeds if you need a quick transfer but be prepared to spend more.

You have more possibilities if time isn’t as crucial as the price or method, but you should always think about the price and how your receivers will receive the money.

You can learn more from the video below:

About Author

send money from Europe to USA
Precious Ejimofor
My name is Precious Ejiofor, I am a professional self motivated, dependable writer and editor, with over 4 year of experience in writing for variety of business and platforms. I am able and capable to write on any kind of topic.
Specifically, I focus on producing persuasive and compelling contents that is thoughtful, prominent, and engaging.

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