Are you paying over the odds to send money to Portugal from Canada? Find a better way to make international money transfers without involving the banks.
Given that Canada and Portugal have strong ties, deep people-to-people links, and mutually beneficial commercial relations, you find that many Canadians need to send money to the Portuguese Republic. If you belong to this group, here’s a valuable pro tip: You don’t have to settle for bank services when you can find a more convenient money transfer service with competitive exchange rates and lower transfer fees.
You could be a Canadian expat or maybe you want to send money to family, friends, or suppliers in Portugal. Using the best money service means you add fewer dollars on top for your recipient to receive the correct amount. The savings are well worth it whether you need to send money regularly or once-off.
This is just one of the many benefits of using a specialist money transfer service.
The Portuguese escudo was once the official currency, but the Euro replaced it in 2002 after Portugal became a member of the European Union. So, if you’re sending money to Portugal, it’s in your best interests to check the current EUR/CAD exchange rate.
Not all money transfer providers are willing to offer you the best available rate. For instance, banks consistently offer poor exchange rates, so it’s better to use a specialist money transfer service willing to share its profits by offering a more favorable exchange rate.
When you send money via MTFX, you get midmarket rates and access to a rates calculator that gives you the bigger picture before you press “send.”
CALL TO ACTION: The EUR/CAD exchange rate is not set in stone. Use MTFX’s live rates calculator to check the current rate before making your payment.
Sending money to Portugal comes with a price tag, but you can still keep costs low if you use the best money transfer service. Usually, your options boil down to using a bank or a specialist money service like MTFX. Here’s a quick breakdown to help you make the best choice to send money from Canada
You’ll need to provide the following details to transfer money from Canada to Portugal:
You can transfer money to Portugal using your personal or business MTFX account.
Sending regular payments to a Portuguese bank account doesn’t have to be a hassle. Your MTFX account allows you to automate all your payments to Portugal. The MTFX 24/7 online platform will enable you to set up your preferred money transfer schedule anytime, wherever you are.
You can also take advantage of currency rate alerts and other foreign exchange tools that help you better understand the market. With access to free expert guidance from MTFX foreign exchange specialists, making regular international money transfers has never been easier.
With MTFX, you can enjoy hands-free international money transfers and support from foreign exchange experts and tools. Not to mention the convenience that comes with a secure, always-online platform.
Register with MTFX to get real value for your money and start sending money on the go.
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