The Latvian people can be found living and working all over the globe, approximately 450,000 permanently residing outside of their home country!
Latvian workers are popularly located in the UK, the US, Canada and Russia and across Europe in Germany, Sweden, Lithuania, and Estonia. More recently Latvians have settled in places like Australia, Brazil and Ireland.
What are my options when sending money to Latvia?
When sending money to Latvia it is important to review your options to find the most practical and affordable money transfer service for you.
Whilst high-street banking often results in large fees and slow processing times, in comparison, online money platforms are user friendly and affordable. Online money solutions give you back the freedom when transferring funds overseas and allow you to benefit from great exchange rates.
It is for this reason that Paysend has grown exponentially, developing a customer base of over 3.8 million users, moving money to over 100 countries in the world. We provide a service that will allow you to move money to Latvia quickly and easily without the trouble of having to wait several working days.
How much will it cost to send money to Latvia?
Sending money to a card account in Latvia only costs £1, $2 or €1.50, no matter the size of the amount you are planning to send!
What exchange rate will my recipient receive?
Paysend delivers excellent, competitive exchange rates, providing one of the cheapest money transfer options in the world. You can find out exactly how much your recipient in Latvia will receive in EUR here.
How long does this process take?
In most cases, our money transfers only take a few seconds to process, dependent on your recipient’s bank processing time. We have calculated that 90% of our transfers arrive in 15 seconds or less!
Move money from the comfort of your own home online or via the Paysend app directly to any Mastercard or regular bank account in Latvia.