Question 1

What's the best way to transfer money from Portugal to Mauritius?

Accepted Answer

With the global remittance market booming, there are so many choices for Euro to MUR 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 Mauritius from Portugal. 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 MUR 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 Portugal to Mauritius?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mauritius from Portugal. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your EUR to Mauritian Rupee money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Portugal to Mauritius corridor to give you more good choices for your next MUR money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Portugal to Mauritius via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Mauritian Rupee remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Portugal to Mauritius exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to MUR remittances.

Question 4

Should I use my bank to transfer money from Portugal to Mauritius?

Accepted Answer

We do not recommend using your local bank in Portugal for your next EUR to MUR 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 Mauritius (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 MUR to Mauritius. These companies will let you use your local bank account in Portugal to pay for your Mauritius 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 Mauritius from Portugal fast?

Accepted Answer

If you need to convert EUR to MUR 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 Mauritius 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 Mauritian Rupee 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 Mauritius.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Portugal to Mauritius. 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 send money from Portugal to Mauritius?

Accepted Answer

Since the Euro to Mauritian Rupee 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 Portugal that may also be able to send money to Mauritius. 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 EUR to MUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mauritius gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Portugal to Mauritius transaction.

Question 7

Step by step guide to do a money transfer from Portugal to Mauritius

Accepted Answer

There are many important aspects of Portugal to Mauritius remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Portugal bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Euro amount you want to send from Portugal.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Mauritius to validate that they get the money once the transaction clears.

1 EUR	53.82 MUR
5 EUR	269.09 MUR
10 EUR	538.19 MUR
25 EUR	1,345.47 MUR
50 EUR	2,690.93 MUR
100 EUR	5,381.86 MUR
150 EUR	8,072.79 MUR
200 EUR	10,763.72 MUR
250 EUR	13,454.65 MUR
300 EUR	16,145.58 MUR
400 EUR	21,527.44 MUR
500 EUR	26,909.30 MUR
600 EUR	32,291.16 MUR
700 EUR	37,673.02 MUR
800 EUR	43,054.88 MUR
1000 EUR	53,818.60 MUR
1500 EUR	80,727.90 MUR
2000 EUR	107,637.20 MUR
2500 EUR	134,546.50 MUR
3000 EUR	161,455.80 MUR
4000 EUR	215,274.40 MUR
5000 EUR	269,093.00 MUR
10000 EUR	538,186.00 MUR
15000 EUR	807,279.00 MUR
20000 EUR	1,076,372.00 MUR
30000 EUR	1,614,558.00 MUR
40000 EUR	2,152,744.00 MUR
50000 EUR	2,690,930.00 MUR
100000 EUR	5,381,860.00 MUR

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