Question 1

What's the best way to transfer money from Kenya to Slovakia?

Accepted Answer

Sending money internationally to Slovakia from Kenya can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Kenyan Shilling to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Slovakia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.

Question 2

How to get the best remit rate for transferring money from Kenya to Slovakia?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Slovakia from Kenya.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KES to Euro remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for KES to EUR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

What's the cheapest way to send money to Slovakia from Kenya?

Accepted Answer

Finding the cheapest way to send money from Kenya to Slovakia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer KES to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Kenya to Slovakia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

Should I use my bank to transfer money from Kenya to Slovakia?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low KES to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Kenya to Slovakia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Slovakia from Kenya. They do this by letting you fund your transaction through your local bank account in Kenya, and by allowing you to choose the payout to be your recipient's bank account in Slovakia. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

What is the fastest way to do a money transfer to Slovakia from Kenya?

Accepted Answer

The speed of your Kenyan Shilling to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert KES to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Slovakia from Kenya is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Slovakia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Kenya bank to Slovakia bank transfer.

Question 6

Which are the best money transfer companies to transfer money to Slovakia from Kenya?

Accepted Answer

Since the Kenyan Shilling to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Kenya that may also be able to send money to Slovakia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your KES to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Slovakia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Kenya to Slovakia transaction.

Question 7

Step by step guide to transfer money to Slovakia from Kenya

Accepted Answer

Follow the below easy steps to send money to Slovakia from Kenya.

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 Kenya bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Slovakia).
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 KES to EUR 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 KES	0.01 EUR
5 KES	0.03 EUR
10 KES	0.07 EUR
25 KES	0.17 EUR
50 KES	0.34 EUR
100 KES	0.68 EUR
150 KES	1.02 EUR
200 KES	1.36 EUR
250 KES	1.70 EUR
300 KES	2.04 EUR
400 KES	2.72 EUR
500 KES	3.40 EUR
600 KES	4.08 EUR
700 KES	4.76 EUR
800 KES	5.44 EUR
1000 KES	6.80 EUR
1500 KES	10.20 EUR
2000 KES	13.60 EUR
2500 KES	17.00 EUR
3000 KES	20.40 EUR
4000 KES	27.20 EUR
5000 KES	34.00 EUR
10000 KES	68.00 EUR
15000 KES	102.00 EUR
20000 KES	136.00 EUR
30000 KES	204.00 EUR
40000 KES	272.00 EUR
50000 KES	340.00 EUR
100000 KES	680.00 EUR

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