I recently started a consulting job in Middle East and I want to transfer my salary into my home currency.
Any reccommendations on best platforms to use (e.g. Moneycorp)?
Thanks very much
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What is the best foreign exchange platform to convert my salary to my home currency?
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Hi,
I assume, you're also looking into transferring the money not only to a different currency but into a different account, likely someplace other than your current location, right?
If so, I found transferwise.com to be quite efficient and - depending on the currencies you are exchanging and the payment methods available - quite cheap (can be even lower than .5% FOREX). Best thing: you can directly check online on their website how much the cost would be, so you can easily compare it to other services.
If not, maybe an account with one of the current neo-banks (e.g. Revolut) might be helpful?
Hope that helps!
Best
Oliver
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Hi there,
I agree with Oliver. Transferwise si easily the best solution out there.
They have the best fees around not to mention great user interface. This is because they "trade" funds btween members of opposite countries rather than exchanging money themselves.
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Hi there,
Congrats on your offer. The best ways to transfer money nowadays are TransferWise (very low fee) and Revolut (0% fee during weekdays although with restrictions), although you should check if they are available in your country.
Best,
Francesco
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Transferwise
(edited)
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+1 for Transferwise
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Hi,
Revolut and Transferwise are among the top platforms.
Hope this helps.
Best,
Antonello
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Hello!
I lived in several counties and currencies lately, and 100% winner is Transferwise.
Also Revolut is worth checking.
Hope it helps!
Best,
Clara
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Hi there,
+ transferwise, I've also heard of TransferGo, but didn't have a chance to use it myself
Cheers,
GB
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Hi,
I personally use Transferwise. Their rate are mid market and fee reasonable.
Best,
Iman
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Transferwise and Revolut are your best bets here
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