How to send money to Moldova

2020-04-14
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How to send money to Moldova

The Moldovan diaspora is spread across much of Europe and North America, although the most popular places for Moldovans expats to live and work abroad in are Russia, Ukraine and Italy, each of which are home to over 100,000 Moldovans.

People from Moldova who want to make money transfers to their friends and families back home need a reliable and affordable money transfer service to make sending money hassle-free and to ensure that their loved ones receive as much as possible.

How can I send money to Moldova?

There are several ways to send money to Moldova, and the speed and cost of your money transfers will depend on the method you choose. You could go for a traditional money transfer service, like a high street bank, but sending money this way can be expensive as a result of high transfer fees and poor exchange rates, resulting in a smaller amount being received by your friends and family in Moldova.

Another way to send money to Moldova is to use an online platform or smartphone app, which can be much faster and more convenient for both the sender and the recipient, with near-instant transfers and no in-store queueing.

Paysend offers an affordable, fast and hassle-free way of sending money to Moldova from the UK or any other destination. Paysend’s clear and simple app has over 1.6 million users, and gains over 3,000 new customers every day! Paysend allows you to send money directly to a credit or debit card in Moldova.  

How much does it cost to send money to Moldova?

It costs only £1, $2 or €1.50 to send money to Moldova with Paysend, no matter how much you want to transfer. Our low fees mean that your recipients will have even more money to spend when the funds reach them in Moldova. For example, if you want to send £200 or £2,000 from the UK to Moldova, it will cost you just £1 in transfer fees either way.

How much will my recipient receive?

Paysend uses excellent, competitive exchange rates, which, along with our low fees mean that we provide some of the cheapest money transfers to Moldova. You can see the current MDL exchange rate and find out exactly how much your recipient in Moldova will receive on the “Send Money to Moldova” page.

How long does it take to transfer money to Moldova?

Money sent using Paysend will usually reach the recipient in Moldova within a few seconds of being sent, although could take up to three days working days depending on the receiving bank’s processing times.

Download the Paysend app now to start making fast, simple and low-cost money transfers to Moldova.

 

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