How to Save 200€ Per Year on Your Money Transfers

Send money to family regularly? You could save up to 200€ per year just by changing a few habits. Here is how.

1. Use a Comparison Tool (free)

Check TransfertCompare before every transfer. Provider differences can reach 5% of the amount. On a monthly 200€ transfer, that is 10€ saved per month = 120€ per year.

2. Avoid Traditional Banks

Banks charge an average of 5% in hidden fees through poor exchange rates. Wise, Remitly and Revolut use the real mid-market rate. The savings are instant.

3. Bundle Your Transfers

One 500€ transfer costs proportionally less than five 100€ transfers. If you send money several times a month, combine them.

4. Use Promotions

Remitly, WorldRemit and Azimo regularly offer 0-fee first transfers or promo codes. Subscribe to their newsletters.

5. Pick the Right Speed

Economy mode (3-5 days) is much cheaper than express. If it is not urgent, choose the slower option.

6. Avoid Weekends

Exchange rates are worse on weekends. Transfer on business days.

By switching from a traditional bank to Wise or Remitly, you save over 150€ per year. With good habits and our comparison tool, you can reach 200€ in annual savings.