Question 1

What's the best way to send money from Portugal to Guernsey?

Accepted Answer

Sending money internationally to Guernsey from Portugal 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 Euro to GBP 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 Guernsey. 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 British Pound.

Question 2

How to get the best remit rate for transferring money from Portugal to Guernsey?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Guernsey.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Portugal to Guernsey transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your EUR to British Pound money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to send money from Portugal to Guernsey?

Accepted Answer

The final amount your recipient gets when you send EUR to GBP 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 Portugal to Guernsey 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 British Pound 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 Guernsey 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

Should I use my bank to send money from Portugal to Guernsey?

Accepted Answer

We do not recommend using your local bank in Portugal for your next EUR to GBP 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 Portugal to Guernsey (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 GBP to Guernsey. These companies will let you use your local bank account in Portugal to pay for your Guernsey money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to do a money transfer to Guernsey from Portugal?

Accepted Answer

If you need to convert EUR to GBP as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Portugal to Guernsey could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Euro to British Pound funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Guernsey.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Portugal to Guernsey. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money from Portugal to Guernsey?

Accepted Answer

Portugal to Guernsey money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Guernsey as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Euro to British Pound money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to send money to Guernsey from Portugal

Accepted Answer

Follow the below easy steps to send money to Guernsey from Portugal.

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 Portugal bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Guernsey).
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 GBP 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	0.86 GBP
5 EUR	4.32 GBP
10 EUR	8.64 GBP
25 EUR	21.60 GBP
50 EUR	43.20 GBP
100 EUR	86.40 GBP
150 EUR	129.60 GBP
200 EUR	172.80 GBP
250 EUR	216.00 GBP
300 EUR	259.20 GBP
400 EUR	345.60 GBP
500 EUR	432.00 GBP
600 EUR	518.40 GBP
700 EUR	604.80 GBP
800 EUR	691.20 GBP
1000 EUR	864.00 GBP
1500 EUR	1,296.00 GBP
2000 EUR	1,728.00 GBP
2500 EUR	2,160.00 GBP
3000 EUR	2,592.00 GBP
4000 EUR	3,456.00 GBP
5000 EUR	4,320.00 GBP
10000 EUR	8,640.00 GBP
15000 EUR	12,960.00 GBP
20000 EUR	17,280.00 GBP
30000 EUR	25,920.00 GBP
40000 EUR	34,560.00 GBP
50000 EUR	43,200.00 GBP
100000 EUR	86,400.00 GBP

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