Question 1

What's the best way to transfer money from Bulgaria to Sri Lanka?

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to LKR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Sri Lanka from Bulgaria. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final LKR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best exchange rate for your money transfers from Bulgaria to Sri Lanka?

Accepted Answer

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Bulgaria to Sri Lanka transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your EUR to Sri Lankan Rupee international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Euro to Sri Lankan Rupee exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.

Question 3

What's the cheapest way to transfer money from Bulgaria to Sri Lanka?

Accepted Answer

The final amount your recipient gets when you send EUR to LKR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Bulgaria to Sri Lanka used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Sri Lankan Rupee is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Euro to Sri Lanka exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

How to send money to Sri Lanka from Bulgaria through a bank?

Accepted Answer

We do not recommend using your local bank in Bulgaria for your next EUR to LKR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bulgaria to Sri Lanka (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending LKR to Sri Lanka. These companies will let you use your local bank account in Bulgaria to pay for your Sri Lanka money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

How to send money to Sri Lanka from Bulgaria fast?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Bulgaria to Sri Lanka. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert EUR to LKR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Sri Lankan Rupee. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Bulgaria to Sri Lanka money transfers.

Question 6

Which are the best money transfer companies to transfer money to Sri Lanka from Bulgaria?

Accepted Answer

The first step in selecting the best money transfer operators for Bulgaria to Sri Lanka remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Euro to Sri Lankan Rupee money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Sri Lanka.

Question 7

Step by step guide to do a money transfer from Bulgaria to Sri Lanka

Accepted Answer

Follow the below easy steps to send money to Sri Lanka from Bulgaria.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bulgaria bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Sri Lanka).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your EUR to LKR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 EUR	357.82 LKR
5 EUR	1,789.09 LKR
10 EUR	3,578.17 LKR
25 EUR	8,945.43 LKR
50 EUR	17,890.86 LKR
100 EUR	35,781.71 LKR
150 EUR	53,672.56 LKR
200 EUR	71,563.42 LKR
250 EUR	89,454.28 LKR
300 EUR	107,345.13 LKR
400 EUR	143,126.84 LKR
500 EUR	178,908.55 LKR
600 EUR	214,690.26 LKR
700 EUR	250,471.97 LKR
800 EUR	286,253.68 LKR
1000 EUR	357,817.10 LKR
1500 EUR	536,725.65 LKR
2000 EUR	715,634.20 LKR
2500 EUR	894,542.75 LKR
3000 EUR	1,073,451.30 LKR
4000 EUR	1,431,268.40 LKR
5000 EUR	1,789,085.50 LKR
10000 EUR	3,578,171.00 LKR
15000 EUR	5,367,256.50 LKR
20000 EUR	7,156,342.00 LKR
30000 EUR	10,734,513.00 LKR
40000 EUR	14,312,684.00 LKR
50000 EUR	17,890,855.00 LKR
100000 EUR	35,781,710.00 LKR

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